DSP Mutual Fund introduces Nifty Top 10 Equal Weight Index Fund
DSP Mutual Fund has launched DSP Nifty Top 10 Equal Weight Index Fund, an open-ended scheme replicating/ tracking Nifty Top 10 Equal Weight Index. The NFO opens for subscription on August 16, 2024 and closes on August 30, 2024. The Entry Load is not applicable and Exit Load will be nil for the scheme. The minimum subscription amount is Rs 100 and any amount thereafter.
The performance of the Scheme will be benchmarked against Nifty Top 10 Equal Weight TRI (Total Returns Index) and its fund managers are Anil Ghelani and Diipesh Shah.
The investment objective of the scheme is to generate returns that are commensurate with the performance of the Nifty Top 10 Equal Weight Index, subject to tracking error.