Thu Jan 11 10:59:09 IST 2024

DSP Mutual Fund launches DSP Nifty Healthcare ETF

NFO period: 11th January ? 25th January, 2024

Highlights of the NFO:

  • Scheme type ? An open ended scheme replicating/ tracking Nifty Healthcare Index

  • Investment objective ? The scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty Healthcare TRI), subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

  • Product suitability ? The product is suitable for investors who are seeking long-term capital growth by investing in equity and equity related securities covered by Nifty Healthcare Index, subject to tracking error.

  • Minimum Application Amount ? Rs. 5,000/- and in multiples of Re. 1/- thereof

  • Plan/ Options available ? Currently, there are no plan/options available under the scheme.

  • Fund Managers ? Mr. Anil Ghelani and Mr. Diipesh Shah

  • Benchmark ? Nifty Healthcare TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)