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DSP Investment Managers launches two ETFs – Know what they are and whom they suit
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The first passive fund in the Indian mutual fund industry based on Nifty Midcap 150 Quality 50 Index – the DSP Nifty Midcap 150 Quality 50 ETF – has been launched by DSP Investment Managers. This new quality-focused mid cap ETF offers investors an option to invest in quality mid-cap companies with the potential of higher profitability, lower leverage & relatively stable earnings.
The fund house has also announced the launch of another new MF scheme, DSP Nifty 50 ETF, which will invest in all the 50 companies from the Nifty 50 Index in line with the index. The New Fund Offer for both ETFs opens for subscription on December 6th 2021 and closes on December 17th 2021, after which it will be purchased and sold on the stock exchanges.
DSP Nifty
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