DSP Nifty 50 Equal Weight ETF

The DSP Nifty 50 Equal Weight ETF, managed by DSP Asset Managers, aims to replicate the NIFTY 50 Equal Weight Index, offering an open-ended investment option focused on equal weight exposure.

This ETF employs a tracking strategy that closely follows the NIFTY 50 Equal Weight TRI, ensuring minimal tracking error at just 0.03%, enhancing efficiency for investors seeking consistent performance.

Portfolio concentration reveals a significant focus on the automobiles and banking sectors, with top holdings including Hero MotoCorp and State Bank of India, reflecting a diversified yet targeted approach.

Over the past year, the fund has delivered a robust return of 12.0%, with a strong 3-year CAGR of 17.2%, showcasing its resilience and effective management in varying market conditions.

With an AUM of ₹596 Cr and a low expense ratio of 0.2%, the fund remains accessible, managed by seasoned professionals Anil Ghelani and Diipesh Shah since November 2021.