DSP Nifty Bank ETF – DSP Mutual Fund files offer document with SEBI
DSP Mutual Fund has filed offer document with SEBI to launch An open ended scheme replicating/ tracking S&P BSE Diversified Financials Revenue Growth Index.
The New Fund Offer price is Rs.10 per unit.
The objective of the scheme is to provide returns that, before expenses, closely correspond to the total return of the underlying index
“The fund manager for this scheme is Mr. Anil Ghelani and
Mr. Diipesh Shah”
“This product is suitable for investors who are seeking Long-term capital growth
Investment in equity and equity related securities covered by Nifty Bank Index”
“The scheme asset allocation will be Equity and Equity Related Securities of companies constituting Nifty Bank Index, the Underlying Index (95-100%)
Cash and CashEquivalents@ (0-5%)”
The riskometer for this scheme is Very High
| Name of Mutual Fund | DSP Mutual Fund |
| Scheme Name | DSP Nifty Bank ETF |
| About Scheme | An open ended scheme replicating/ tracking S&P BSE Diversified Financials Revenue Growth Index |
| Offer of Unit | Rs.10 |
| Objective | to provide returns that, before expenses, closely correspond to the total return of the underlying index |
| Name of Fund Manager | Mr. Anil Ghelani Mr. Diipesh Shah |
| This product is suitable for investors who are seeking | Long-term capital growth Investment in equity and equity related securities covered by Nifty Bank Index |
| The scheme asset allocation will be | Equity and Equity Related Securities of companies constituting Nifty Bank Index, the Underlying Index (95-100%) Cash and CashEquivalents@ (0-5%) |
| Riskometer | Very High |
| DRHP | Click here |