Fund Facts
-
Name of Fund:DSP Nifty IT ETF
-
Opening:21st June 2023
-
Closing:3rd July 2023
-
Scheme Type:Open Ended Other ETF
-
Minimum Investment:Rs. 5,000 and in multiples of Re. 1/- thereof
-
Plan:Not Applicable
-
Options:Not Applicable
-
Entry Load:Not Applicable
-
Exit Road:Not Applicable
-
Thereafter:Not Applicable
Fund Stats
Objective
The Scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty IT TRI), subject to tracking errors.
Benchmark:
NIFTY IT
Fund Manager:
Anil Ghelani, Diipesh Shah
Asset Allocation
95-100%
Equity
upto 5%
Money Market
Comparable existing schemes
| Nippon India ETF Nifty IT | 7.85(6M) | 18.55(1Y) |
| Aditya Birla Sun Life Nifty IT ETF | 7.85(6M) | 18.62(1Y) |
Fund Prognosis
Idea Distiller
A smart play on the beaten down IT index but with the ETF route.
Fund House AAUM:
Rs. 11772590.28 Lakhs (as on 30th June 2023)
Fund Manager:
Combined experience of above 23 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
If plain profit possibility is the same as oomph then this has it in spades. Go for it.