The DSP Nifty Top 10 Equal Weight ETF, managed by DSP Asset Managers, aims to replicate the Nifty Top 10 Equal Weight Index, offering an open-ended investment strategy focused on equal weighting.

Utilizing a tracking approach aligned with the Nifty Top 10 Equal Weight TRI, the fund emphasizes diversification across its top holdings, minimizing concentration risks inherent in traditional market-cap weighted indices.

The portfolio is significantly tilted towards the banking sector, comprising 39.41% of assets, while notable allocations include IT and construction sectors, reflecting a balanced exposure across major industries.

Over the past year, the fund has generated a return of 7.1%, with a low tracking error of 0.06%, indicating effective management and alignment with its benchmark.

With an AUM of ₹713 Cr and an expense ratio of 0.15%, the fund offers cost efficiency, while experienced fund managers Anil Ghelani and Diipesh Shah oversee operations since September 2024.