Fund Facts
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Name of Fund:DSP Nifty Midcap 150 Quality 50 Index Fund
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Opening:18th July 2022
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Closing:29th July 2022
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Scheme Type:Open Ended Equity Index Funds
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Minimum Investment:Rs.500/- & any amount thereafter
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Plan:Regular and Direct
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Options:Growth and IDCW
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Entry Load:Not Applicable
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Exit Road:Nil
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Thereafter:Nil
Fund Stats
Objective
The Scheme seeks to provide returns that, before expenses, closely correspond to the total return of the underlying index (Nifty Midcap 150 Quality 50 Index), subject to tracking errors.
Benchmark:
NIFTY MIDCAP 150
Fund Manager:
Anil Ghelani, Diipesh Shah
Asset Allocation
95-100%
Equity
upto 5%
Money Market
Comparable existing schemes
| BHARAT 22 ETF | 12.69(6M) | 27.97(1Y) |
| Nippon India ETF Nifty Midcap 150 | 12.31(6M) | 9.93(1Y) |
Fund Prognosis
Idea Distiller
In a broad canvas Nifty, a focus on quality through the ETF route. Lower costs.
Fund House AAUM:
Rs. 10668194.05 lakhs (as on 30thJune 2022)
Fund Manager:
Combined experience of above 23 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
This seems to be the favoured ETF orientation for product people, this time around. Not so much oomph, but definitely a prep for stacking up the passive portfolio.