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DSP Nifty Healthcare ETF

DSP Nifty Healthcare ETF

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Benchmark: Nifty Healthcare TRI info icon
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This is an Exchange Traded Fund Sectoral/Thematic, Index fund with Nifty Healthcare TRI as its benchmark. The risk level for this fund is categorized as Very High Risk.

Total AUM

9.25 crores as of Jun 30, 2024

Age of Fund

5 months since Feb 01, 2024

Expense Ratio

0.2% as of Jul 12, 2024

Exit Load

Nil  

Goal of Investment

Capital Growth & Income

Ideal holding period

10 Years+

Things to know before you invest

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What is in DSP Nifty Healthcare ETF?

  1. High Government's Healthcare Spending 2.5% of the budget has been forecasted by the Indian Government for healthcare spending as % of Gross Domestic Product (GDP) by FY25. More funds mean a healthier nation, which, also benefits the businesses in this sector.
  2. Favorable Foreign Direct Investment (FDI) Flows in Healthcare 8% CAGR increase in Foreign Direct Investments (FDIs) in healthcare from FY13 to FY23. Within the broader level healthcare sector, FDI flows have increased in drugs & pharmaceuticals, hospitals & diagnostic centres, and medical & surgical appliances in India.
  3. Remarkable Past performance The healthcare sector has the potential to provide reasonably high returns with events of short-term underperformance as well. However, since 2008, the Nifty Healthcare TRI has largely delivered relatively better CAGR of ~13% vs ~10% by Nifty 500 TRI.
  4. Rising Insurance Penetration US$ 222 Billion reach expected in the Indian Insurance market by the year 2026. Many Indians have started to recognise the importance of owning health insurance, hence, the business opportunities have a potential to grow.
  5. No Stock Selection Hassle Don't stress about picking individual stocks. The Healthcare Index covers it all from diversified themes like pharmaceuticals, hospitals, pathology, healthcare research analytics & technology. It adjusts or rebalances every 6 months i.e. semi-annually to represent the top 20 stocks (companies from healthcare sector) based on free float market cap from the Nifty 500 universe.
  1. Consider this fund if you
    • If you value low-cost investing ideas.
    • If you are okay with the returns not beating the respective Index the ETF is tracking.
    • If you can stay invested for more than 5 years.
    • If you can time the sector based on market dynamic.
  1. Expect short term return fluctuations, especially during periods of market volatility?.
  2. Being a single sector based fund, DSP Nifty Healthcare ETF comes with high risk as well.

Fund managers:

Anil Ghelani

Anil Ghelani

Managing Since February 2024
Managing Since February 2024

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Diipesh Shah

Diipesh Shah

Managing Since February 2024
Managing Since February 2024

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Portfolio

Prescribed asset allocation: 95% - 100% Equity and Equity Related Securities of companies constituting Nifty Healthcare Index, the Underlying Index , 0% - 5% Cash and Cash Equivalents

Current Allocation

as of Jun 30, 2024

Top holdings

Sun Pharmaceutical Industries Limited

21.14%

Dr. Reddy's Laboratories Limited

10.04%

Cipla Limited

10.01%

Divi's Laboratories Limited

7.54%

Lupin Limited

5.04%

Top holdings

No Data to display

Top holdings

TREPS / Reverse Repo Investments

0.04%

Cash & cash equivalents

0.01%

Credit rating profile

Cash & Equivalent

100.00%

Instrument break-up

TREPS

100.00%


Indicators

Tracking Error

0.04 %

Tracking Error (Abs.)

0.003 %



Compare Performance

Note: Under SEBI regulations, the performance of this scheme can’t be displayed as it has been in existence for less than 1 year.

Fund Details

Fund Details

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.

Fund Type

Exchange Traded Fund – Sectoral/Thematic
Index Fund

An open ended scheme replicating/ tracking Nifty Healthcare Index.

Riskometer

Level of Risk in the Scheme

View details

Other Information

NSE/BSE Symbol HEALTHADD
ISIN INF740KA1UF4
Bloomberg Code DHEALTH
Minimum Investment Through Stock Exchange - 1 Unit & in multiples thereof.
NSE Disclaimer: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Draft Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE'

BSE Disclaimer: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the SID has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the 'Disclaimer clause of the BSE Limited'.