DSP Mutual Fund has launched three open-ended ETFs: DSP S&P BSE Sensex ETF, DSP Nifty Private Bank ETF, and DSP Nifty PSU Bank ETF. DSP S&P BSE Sensex ETF replicates the S&P BSE Sensex Index, providing investors with exposure to the Indian market and favorable economic conditions. DSP Nifty Private Bank ETF tracks the Nifty Private Bank Index, offering a long-term structural growth story in Indian Private Sector Banks.
DSP Nifty PSU Bank ETF tracks the Nifty PSU Bank Index, offering a tactical bet on PSU Bank revival. Anil Ghelani, CFA, Head – Passive Investments & Products, DSP Mutual Fund said, “The India growth story has given rise to many opportunities for investors for a successful long-term investing experience.”
The S&P BSE Sensex Index tracks earnings over time, capturing sector trends and economy rotations. It is diversified across sectors and has a large-cap orientation. India’s private sector banks have experienced structural growth, with market share doubling in the last 18 years. Their balance sheets are stronger, well-capitalized, and financial ratios are rising. Credit and deposit growth is strong, and net non-performing assets are at an 8-year low.
