DSP Mutual Fund launches DSP Nifty Top 10 Equal Weight ETF

NFO period: 16^th August – 30^th August, 2024

Highlights of the NFO:

• Scheme type – An open ended scheme replicating/ tracking Nifty Top 10 Equal Weight Index


• Investment objective – The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty Top 10 Equal Weight TRI), subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking long-term capital growth by investing in equity and equity related securities covered by Nifty Top 10 Equal Weight Index, subject to tracking error.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Presently the scheme does not offer any Plans/Options under the scheme.


• Fund Managers – Mr. Anil Ghelani and Mr. Diipesh Shah


• Benchmark – Nifty Top 10 Equal Weight TRI