INTRODUCING TWO NFOs
^ An open ended scheme replicating/ tracking Nifty Private Bank Index
# An open ended scheme replicating/ tracking Nifty PSU Bank Index
Spread your investments across multiple PSU banks to minimise individual bank specific risks
The PSU bank merger has strengthened balance sheet and built relatively strong credit growth in the last few years
The PSU Banks are Govt. owned entities offering relatively better stability and potentially lower risks associated with individual bank failures
Public Sector Undertaking (PSU) bank universe has started to outperform Private banks since 2021 backed by improving Price Returns & ROEs since the last 3 years1
DSP Nifty PSU Bank ETF is an open ended scheme replicating/ tracking Nifty PSU Bank Index. It invests in PSU bank stocks in the same proportion as that of Nifty PSU Bank index.
If you can time the sector based on market dynamics
If you value low-cost investing ideas
If you are okay with the returns not beating the respective Index the ETF is tracking
Expect short term return fluctuations, especially during periods of market volatility
Being a single sector based fund, DSP Nifty PSU Bank ETF comes with high risk as well
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: NSE
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.
DSP Nifty PSU Bank ETF An open ended scheme replicating/ tracking Nifty PSU Bank 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’.
DSP Nifty PSU Bank ETF