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DSP Nifty IT ETF

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

Total AUM

26.88 crores as of Aug 31, 2023

Age of Fund

3 months since Jun 21, 2023

Expense Ratio

0.2% as of Sep 22, 2023

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 IT ETF?

  1. The DSP NIFTY IT ETF is an open ended scheme replicating/ tracking Nifty IT Index. It invests in all the stocks of the Nifty IT ETF index in the same proportion as that of the index.
  1. Invest in India's leading Technology companies: Indian Economy is heavily influenced by Technology and share of IT as % of GDP is constantly increasing. Your investment in DSP NIFTY IT Exchange Traded Fund (ETF) gives you high exposure to the 10 most liquid and large-cap IT stocks of the Nifty IT Index.
  2. High exports in IT sector: IT exports is the highest exported service in India. For eg: IT exports account for ~60% of the total service exports.
  3. Long term Outperformance: Nifty IT index has outperformed the Nifty 50 Index on the long term basis.
  4. Global Diversification - Majority of revenue of Indian IT companies is dependent on global economy. This helps in diversification from India specific risk.
  5. Tracks High Quality Index: Nifty IT index predominantly invests in large-cap IT stocks preventing your portfolio from getting affected due to risks by small sized IT companies.
  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 IT ETF comes with high risk as well.

Fund managers:

Anil Ghelani

Anil Ghelani

Managing Since July 2023
Managing Since July 2023

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Diipesh Shah

Diipesh Shah

Managing Since July 2023
Managing Since July 2023

right arrow iconSee funds managed by him

Portfolio

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

Current Allocation

as of Aug 31, 2023

Top holdings

Infosys Limited

27.75%

Tata Consultancy Services Limited

24.78%

Tech Mahindra Limited

9.62%

Wipro Limited

9.13%

HCL Technologies Limited

8.94%

Top holdings

No Data to display

Top holdings

TREPS / Reverse Repo Investments / Corporate Debt Repo

0.07%

Cash & cash equivalents

0.03%

Credit rating profile

Cash & Equivalent

100.00%

Instrument break-up

TREPS

100.00%


Indicators

Tracking Error

0.14 %

Tracking Error (Abs.)

0.009 %



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 IT TRI), subject to tracking errors. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

Fund Type

Exchange Traded Fund – Sectoral/Thematic
Index Fund

An open ended scheme replicating/ tracking Nifty IT Index.

Riskometer

Level of Risk in the Scheme

View details

Other Information

NSE/BSE Symbol DSPITETF
ISIN INF740KA1SX1
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