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DSP Nifty Top 10 Equal Weight Index Fund NFO details, including investment objectives, and dates. Find out when to invest and this opportunity can benefit you.
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DSP Nifty Top 10 Equal Weight Index Fund- NFO: Date & Nav The DSP Nifty Top 10 Equal Weight Index Fund, managed by DSP Asset Managers Pvt Ltd, is an open- ended equity scheme that mirrors the Nifty Top 10 Equal Weight Index. The New Fund O?er (NFO) runs from August 16 to August 30, 2024, with a price of Rs.100 per unit, available in multiples of Rs.1. Fund Details: Start Date: August 16, 2024 End Date: August 30, 2024 Allotment Date: September 9, 2024 Minimum Investment: Rs.100 Expense Ratio: Nil Exit Load: Nil AUM: Rs.156,447.16 Cr. (as of June 30, 2024) Benchmark: Nifty Top 10 Equal Weight TRI Risk Level: Very High
Investment Strategy: The fund will invest 95-100% in equity and equity-related securities under the Dsp Nifty Top 10 Equal Weight Index fund, with 0-5% in cash and equivalents. It targets long-term capital growth but is high-risk due to equity market volatility. How to Invest: If you miss the NFO, you can invest in the scheme after September 9, 2024, at NAV- based prices via your Demat account or directly with the AMC. Objective: The fund aims to replicate the performance of the Nifty Top 10 Equal Weight TRI, though there is no guarantee of meeting the investment goals. Key Considerations: The NAV may fluctuate due to stock market volatility. Past performance of similar Nifty Top 10 index funds shows high risk with varying returns. Fund Managers: Mr. Anil Ghelani Mr. Dipesh Shah For more details and to invest, check out the DSP Nifty Top 10 Equal Weight Index Fund.