The DSP Nifty Top 10 Equal Weight ETF, managed by DSP Asset Managers, aims to replicate the Nifty Top 10 Equal Weight Index, providing an open-ended investment vehicle focused on equal-weight exposure.

This ETF employs a tracking approach with a minimal tracking error of 0.06%, ensuring effective alignment with its benchmark, the Nifty Top 10 Equal Weight TRI, for consistent performance.

The portfolio is heavily concentrated in the banking sector, with top holdings including ICICI Bank and HDFC Bank, illustrating a significant 39.41% allocation towards banks, which may introduce concentration risk.

Over the past year, the fund has experienced a decline of 14.0%, highlighting its performance volatility, while the absence of long-term CAGR metrics suggests a need for cautious evaluation of its historical returns.

With an AUM of ₹713 Cr and a low expense ratio of 0.15%, the fund is accessible for investors, managed by experienced professionals Anil Ghelani and Diipesh Shah since September 2024.