11-01-2024 12:53 PM | Source: Accord Fintech
DSP MF introduces Nifty Healthcare ETF
News By Tags | #MutualFund #DSPMutualFund

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DSP Mutual Fund (MF) has launched DSP Nifty Healthcare ETF, an open-ended scheme replicating/ tracking Nifty Healthcare Index. The NFO opens for subscription on January 11, 2024 and closes on January 25, 2024. 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 Healthcare 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 Healthcare TRI), subject to tracking errors.