DSP Nifty PSU Bank ETF
NAV (Thu Jan 01 1970)
₹0
Returns (Since Inception)
0.00%
Category Average
0.00%
Rating
NA
Allocation and Holdings
Asset class
Weightage
Financial Services
98.66%
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Overall rating
Scheme Information
Fund name
DSP Nifty PSU Bank ETF
Minimum SIP
1000
Risk Level
Very High Risk
AUM
₹41.98 Cr
ISIN
INF740KA1SY9
Inception Date
Jul 27 2023
Standard Deviation
-
Beta
-
Sharpe Ratio
-
Benchmark
Expense Ratio
0.450%
Exit Load
Risk
Very High Risk
Investment Objective
The Scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty PSU Bank TRI), subject to tracking errors.
Fund Managers
N.A.About the AMC
DSP Asset Managers Private Limited
Phone Number
+91 18002084499Corporate Office Address
IndiaOverall AUM
₹41.98 Cr
Website
www.dspim.comPopular Equity funds
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frequently asked questions
view all FAQsWhat is the current NAV of DSP Nifty PSU Bank ETF?
The NAV of DSP Nifty PSU Bank ETF is ₹0 as of Thu Jan 01 1970.
Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.
What is the expense ratio of DSP Nifty PSU Bank ETF?
The Expense Ratio of DSP Nifty PSU Bank ETF is 45.00% as of Fri Sep 20 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 45.00% of those returns will be retained by the AMC.
The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).
Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.
What is the minimum SIP amount of DSP Nifty PSU Bank ETF?
The minimum Systematic Investment Plan (SIP) amount required for DSP Nifty PSU Bank ETF is ₹1,000. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.
What is the minimum lump sum amount required to invest in DSP Nifty PSU Bank ETF?
To initiate a lump sum investment in DSP Nifty PSU Bank ETF, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.
What is risk category of the DSP Nifty PSU Bank ETF?
In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of DSP Nifty PSU Bank ETF is classified as Very High Risk.
What is the category of DSP Nifty PSU Bank ETF?
The category of the DSP Nifty PSU Bank ETF is Equity.