DSP Mutual Fund introduces S&P BSE Liquid Rate ETF
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DSP Mutual Fund has launched DSP S&P BSE Liquid Rate ETF, an open-ended scheme replicating/ tracking S&P BSE Liquid Rate Index with relatively low interest rate risk and relatively low credit risk. The NFO opens for subscription on March 15, 2024 and closes on March 20, 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 is measured against S&P BSE Liquid Rate Index and its fund managers are Anil Ghelani and Diipesh Shah.
The investment objective of the Scheme is to provide returns before expenses that correspond to the returns of S&P BSE Liquid Rate Index, subject to tracking errors.
