DSP Nifty IT ETF - Growth
NAV as of Jun 27, 2024
36.722.01%
- Growth - Regular
(Earn upto 0.00% Extra Returns with Direct Plan)
Fund Category:
Equity: Sectoral-Technology
Expense Ratio:
0.20%(1.00% Category
average)Fund Size:
Rs. 36.86 Cr(0.10% of Investment in Category)
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DSP Nifty IT ETF - Growth
NAV as of Jun 27, 2024
36.722.01%
Expense Ratio:
0.20%
Fund Size:
Rs. 36.86 Cr
Fund Category:
Equity: Sectoral-Technology
1. Current NAV: The Current Net Asset Value of the DSP Nifty IT ETF as of Jun 27, 2024 is Rs 36.72 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 22.63% (since launch). Whereas, Category returns for the same time duration are: 28.87% (1yr), 11.48% (3yr) and 24.25% (5yr).
3. Fund Size: The DSP Nifty IT ETF currently holds Assets under Management worth of Rs 36.86 crore as on May 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.2% for Regular plan as on Jun 14, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 0. Minimum SIP investment is Rs 0.
DSP Nifty IT ETF - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 6.82 4.69 2.03 - - - Category Avg 7.01 6.05 5.41 31.44 10.12 24.31 Rank within Category 12 13 11 - - - No. of funds within Category 19 18 15 10 6 1 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY IT Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
DSP Nifty IT ETF - Growth Fund Details
Investment Objective - The Scheme is seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty IT TRI), subject to tracking errors.
Fund House | DSP Mutual Fund |
Launch Date | Jul 07, 2023 |
Benchmark | NIFTY IT Total Return Index |
Return Since Launch | 25.82% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
DSP Nifty IT ETF - Growth Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | - |
Minimum SIP Investment (Rs.) | - |
Minimum Withdrawal (Rs.) | - |
Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | JAN 2024 | DEC 2023 | |
---|---|---|---|---|---|---|
Number of Holdings | 10 | 10 | 10 | 10 | 10 | 10 |
Top 5 Company Holdings | 80.34% | 81.31% | 76.93% | 80.88% | 80.2% | 79.42% |
Top 10 Company Holdings | 99.19% | 99.95% | 98.22% | 99.99% | 99.67% | 99.95% |
Company with Highest Exposure | Infosys (26.9%) | Infosys (26.71%) | Infosys (25.59%) | Infosys (27.75%) | Infosys (28.26%) | Infosys (27.16%) |
Number of Sectors | 1 | 1 | 1 | 1 | 1 | 1 |
Top 3 Sector Holdings | 99.19% | 99.95% | 98.22% | 99.99% | 99.67% | 99.95% |
Top 5 Sector Holdings | 99.19% | 99.95% | 98.22% | 99.99% | 99.67% | 99.95% |
Sector with Highest Exposure | Technology (99.19%) | Technology (99.95%) | Technology (98.22%) | Technology (99.99%) | Technology (99.67%) | Technology (99.95%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Infosys Technology 26.9 24.90 63.20 21.14 TCS Technology 25.16 31.01 126.88 21.33 Tech Mahindra Technology 10.49 59.33 24.14 29.59 HCL Technologies Technology 9.48 25.14 57.86 28.99 Wipro Technology 8.31 24.16 21.14 21.96 LTIMindtree Technology 5.81 34.75 154.72 3.20 Persistent Systems Technology 4.74 28.40 141.97 57.58 Coforge Technology 4.09 44.53 122.15 23.21 Mphasis Technology 2.55 29.69 82.27 33.38 L&T Technology Services Technology 1.66 39.71 123.27 26.03
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y DSP Nifty IT ETF - Growth 36.72 Unrated 36.86 6.82 - - - Axis NIFTY IT ETF-Growth 382.82 Unrated 126.70 6.82 27.71 9.26 - Aditya Birla Sun Life Nifty IT ETF-Growth 37.68 Unrated 73.27 6.82 27.61 - - Tata Nifty India Digital ETF - Growth 86.03 Unrated 79.29 7.28 43.49 - - Tata Nifty India Digital ETF FoF Regular - Growth 13.32 Unrated 48.55 6.41 40.81 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Fund Manager
- A.G.Anil GhelaniSince Jun 202317 schemes
- D.S.Diipesh ShahSince Jun 202317 schemes
Mr. Ghelani has done B. Com., CFA & CA Prior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.
Mr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I Cleared Prior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.
More DSP Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
DSP Midcap Regular Plan-Growth | 17,667.73 | 10.06 | 26.21 | 21.03 | 52.39 | 19.02 | |
DSP ELSS Tax Saver Fund-Growth | 15,161.20 | 7.54 | 17.25 | 20.14 | 46.81 | 21.35 | |
DSP Liquidity Regular Plan-Growth | 13,929.36 | 0.60 | 1.84 | 3.72 | 7.25 | 5.68 | |
DSP Small Cap Regular Fund-Growth | 13,781.07 | 6.02 | 17.99 | 14.08 | 40.81 | 25.31 | |
DSP Equity Opportunities Fund-Growth | 11,991.26 | 8.03 | 19.27 | 21.75 | 50.76 | 21.47 | |
DSP Flexi Cap Fund-Growth | 10,558.54 | 7.67 | 18.63 | 15.91 | 37.57 | 17.21 | |
DSP Equity & Bond Fund-Growth | 9,131.81 | 6.24 | 13.32 | 12.12 | 28.39 | 14.01 | |
DSP Arbitrage Fund Regular - Growth | 5,226.64 | 0.61 | 1.92 | 3.96 | 7.60 | 5.52 | |
DSP Savings Fund-Growth | 4,605.33 | 0.60 | 1.85 | 3.73 | 7.14 | 5.51 | |
DSP The Infrastructure Growth and Economic Reforms Regular Fund-Growth | 4,385.95 | 5.80 | 30.08 | 37.83 | 77.88 | 38.42 |
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1. DSP Nifty IT ETF is Open-ended Sectoral-Technology Equity scheme which belongs to DSP Mutual Fund House.
2. The fund was launched on Jul 07, 2023.
Investment objective & Benchmark
1. The investment objective of the fund is that " The Scheme is seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty IT TRI), subject to tracking errors. "
2. It is benchmarked against NIFTY IT Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.19% in equities, 0.0% in debts and 0.81% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 99.19% of the assets, the top 3 sectors constitute around 99.19% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on DSP Nifty IT ETF - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
FAQs about DSP Nifty IT ETF - Growth
- Is it safe to invest in DSP Nifty IT ETF?As per SEBI’s latest guidelines to calculate risk grades, investment in the DSP Nifty IT ETF comes under Very High risk category.
- What is the category of DSP Nifty IT ETF?DSP Nifty IT ETF belongs to the Equity : Sectoral-Technology category of funds.
- How Long should I Invest in DSP Nifty IT ETF?The suggested investment horizon of investing into DSP Nifty IT ETF is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the DSP Nifty IT ETF?The DSP Nifty IT ETF is managed by Anil Ghelani (Since Jun 21, 2023) and Diipesh Shah (Since Jun 21, 2023).
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