Two helical (alpha and beta) strands form DNA. The DNA structural background provides grooves which may act as a binding site. The major groove is 22 Å wide whereas the minor groove is 12 Å wide. The minor groove of the double-stranded DNA can interact with many different classes of ligands in a sequence specific fashion. Netropsin is an oligopeptide with antibiotic and antiviral activity that binds tightly to an adenine-rich sequence of DNA. Atomic resolution x-ray crystal structures of the DNA-netropsin complex have been solved and many experiments have been carried out over the year to understand the thermodynamics and kinetics of netropsin binding. However, the experimental biophysics community disagrees on the exact nature of the different binding modes in solution and the role water molecules play in the recognition. Here, we carried out molecular dynamics simulations on the free DNA, free netropsin, and DNA-netropsin complex in explicit water, in order to gain insights on the subtleties of the DNA-netropsin complex at atomistic detail. We have studied the different conformational states of netropsin in the minor groove of the DNA. We have also analyzed the population and dynamics of the water molecules upon complex formation and calculated the free energy of binding. Results show an affinity for holding water molecules in the binding site rather than on the surface of DNA or complex. These results provide atomistic insights into DNA minor groove recognition that will be beneficial in the development of novel drug candidates.