The DSP Nifty 50 Equal Weight ETF, managed by DSP Asset Managers Private Limited, aims to replicate the NIFTY 50 Equal Weight Index, offering an open-ended investment structure with an equal-weighted approach.

This ETF follows a tracking strategy focused on the NIFTY 50 Equal Weight TRI, ensuring that it maintains a close alignment with its benchmark through minimal tracking error of 0.03%.

With a fund size of ₹596 Cr, the portfolio is heavily concentrated in equities, primarily within the automobiles and banking sectors, which collectively represent over 24% of total holdings.

Performance over one year reflects a decline of 5.0%, while the three-year CAGR stands at an impressive 17.7%, indicating strong long-term growth potential despite recent volatility.

The expense ratio is notably low at 0.2%, enhancing cost efficiency, while seasoned managers Anil Ghelani and Diipesh Shah bring a combined experience of 48 years to the fund's management.