(An open ended scheme replicating/tracking Nifty IT Index)
Nifty IT index has grown by 29x vs 22x by Nifty 50 index in the last 24 years1
Indian IT sector gives higher ROE and is available at lower Price-to-Earnings (P/E) valuations against Global IT companies (NASDAQ 100)
This fund gives exposure to the liquid and large IT stocks of the Nifty IT Index
The IT sector's share of India's GDP has almost doubled in the last decade from 2.2% to 4.8%, indicating significant growth2
Nifty IT index has been underperforming the Nifty 50 index for the last 1.5 years, opening active opportunities to accumulate more units at low cost3
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 index in the same proportion as that of the index.
TATA Consultancy Services Ltd.
Infosys Ltd
Wipro Ltd
HCL Technologies Ltd
Tech Mahindra Ltd
Persistent Systems Ltd
LTI Mindtree Ltd
Coforge Ltd
Mphasis-Ltd
L&T Technology Services Ltd
If you value low-cost investing ideas
If you are okay with the returns being in line with benchmark index returns subject to tracking error
If you can stay invested for more than 5 years
If you can time the sector based on market dynamics
Expect short term return fluctuations, especially during periods of market volatility
DSP Nifty IT ETF is a single sector based fund and comes with high risk
You need a trading account with a broker/ sub-broker
You also need a Demat account for holding the ETF units
What is an ETF?
Exchange Traded Funds, or ETFs, are a type of funds/schemes that track an index, sector, commodities or other assets, but which can be purchased or sold on the stock exchange like any regular stock. They combine the features and potential benefits of stocks or bonds and mutual funds. Like individual stocks, ETFs can be traded throughout the day at real time prices that change based on supply and demand.
What are the benefits of an ETF?
Simplicity - Buying / Selling ETFs is as simple as buying / selling any other stock on the exchange.
Realtime Trading - ETFs allow investors to take benefit of intraday movements in the market, which is not possible with open-ended Funds.
Low cost - The cost of investing in ETFs is generally lower than an active fund invested in the same market of assets.
Seamless trading - Existing investors insulated from bearing transaction costs of other investors coming in or going out.
Transparency - Holdings published daily, so investor always knows exactly what is owned.
Who is the fund manager for the fund?
Mr. Anil Ghelani and Mr. Diipesh Shah will be the fund managers of the Scheme.
1. Source: MFIE. Data as on 31 May 2023. The figures pertain to performance of the index/Model and do not in any manner indicate the returns/performance of the Scheme. It is not possible to invest directly in an index.
2. Source: CMIE, DSP, Data as on May 31, 2023
3. Source: NSE. Data as on 31 May, 2023
During the NFO period, you can invest as low as Rs. 5,000/- and in multiples of Re.1/-. Note that unit allotment (if you invest during the NFO period) units will be issued at a premium approximately equal to the difference between face value and Allotment Price during the NFO and at NAV based prices on an on-going basis
Past performance may or may not be sustained in the future and should not be used as a basis for comparison with other investments. There is no assurance of any returns/capital protection/capital guarantee to the investors in above mentioned Schemes.
The sector(s)/stock(s)/issuer(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s).
All logos used in the image are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.
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DSP Nifty IT ETF (An open ended scheme replicating/ tracking Nifty IT Index) |
This product is suitable for investor who are seeking*
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* Investors should consult their financial advisers if in doubt about whether the Scheme is suitable for them.
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.
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’.
