iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

DSP Nifty IT ETF NFO: Everything you need to know

21 Jun 2023 , 10:22 AM

DSP Mutual Fund is launching NFO under its “ETF category”, named as DSP Nifty IT ETF. This open-ended exchange traded fund seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty IT TRI).

Investment strategy: The Scheme will track its Underlying Index and will use a “passive” or indexing approach to endeavor to achieve scheme’s investment objective. The scheme will neither try to beat the index it tracks nor take active approach in times when markets seem to be over/under valued.

Asset allocation: The Scheme would invest in equity Equity Related Securities of companies constituting Nifty IT Index and cash & cash equivalent.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in DSP Nifty IT ETF. 

Risk associated: Very high level of risk.

Benchmark: Nifty IT Index.

Fund Managers: Mr Anil Ghelani and Mr Diipesh Shah.

The NFO is available for subscription from June 21 to July 3. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 5000/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in DSP Nifty IT ETF.

Related Tags

  • DSP AMC
  • DSP mutual fund
  • DSP mutual fund schemes
  • DSP Nifty IT ETF
  • ETF
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.