DSP MF introduces Nifty IT ETF
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DSP Mutual Fund (MF) has launched DSP Nifty IT ETF, an open-ended scheme replicating/ tracking Nifty IT Index. The NFO opens for subscription on June 21, 2023 and closes on July 03, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereof.
The performance of the scheme will be benchmarked against Nifty IT TRI and its fund managers are Anil Ghelani and Diipesh Shah.
The investment objective of the scheme is to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty IT TRI), subject to tracking errors.
