DSP Mutual Fund launches DSP S&P BSE Liquid Rate ETF

NFO period: 15^th March – 20^th March, 2024

Highlights of the NFO:

• Scheme type – An open ended scheme replicating/tracking S&P BSE Liquid Rate Index. A relatively low interest rate risk and relatively low credit risk


• Investment objective – The scheme seeks to provide returns before expenses that correspond to the returns of S&P BSE Liquid Rate Index, subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking current income with high degree of liquidity by investing in Tri-Party REPO, Repo in Government Securities, Reverse Repo and similar other overnight instruments.


• Minimum Application Amount – Rs. 5,000/- and in multiples of Re. 1/- thereof


• Plan/ Options available – There are no plans under the scheme. The scheme offers only Growth Option.


• Fund Managers – Mr. Anil Ghelani and Mr. Diipesh Shah


• Benchmark – S&P BSE Liquid Rate Index