March 19, 2024
mayank
DSP S&P BSE Liquid Rate ETF details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the DSP S&P BSE Liquid Rate ETF Open Date, Close Date?
NFO opens on March 15, 2024
NFO will close on March 20, 2024
What is the Investment Strategy?
The Scheme seeks to provide returns before expenses that correspond to the returns of S&P BSE Liquid Rate Index, subject to tracking errors.
Basic Details
| Fund House | DSP Mutual Fund |
| Issue Open | 15 March 2024 |
| Issue Close | 20 March 2024 |
| Type | Open-ended |
| Category | Debt: Liquid |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Low |
| Benchmark | S&P BSE Liquid Rate Index |
What is the Benchmark Index of DSP S&P BSE Liquid Rate ETF?
The S&P BSE Liquid Rate Index is designed to measure the returns from a daily rolling deposit at the Tri-Party Repo (TREP) rate.
Index Attributes
The index is designed to track the Tri-Party Repo (TREP) rate. The S&P BSE Liquid Rate Index seeks to provide a tool to measure the performance of the TREP rate over a period of time.
Methodology Construction
• Calculation. The index is calculated in Indian rupees using the TREP rate for transactions maturing on the following business day and with settlement type T+0. Rates used are provided by Clearing Corporation of India Ltd. (CCIL).
• Rebalancing. The index does not undergo a rebalancing. Under unusual circumstances, the Index Committee reserves the right to not publish on a specific date.
Quick Facts
| WEIGHTING METHOD | Market value weighted |
| CALCULATION FREQUENCY | End of day |
| CALCULATION CURRENCIES | INR |
| LAUNCH DATE | July 26, 2016 |
| FIRST VALUE DATE | December 31, 2015 |
Performance of Benchmark Index
| INDEX LEVEL | RETURNS | ANNUALIZED RETURNS | ||||||
| 1 MO | 3 MOS | YTD | 1 YR | 3 YRS | 5 YRS | 10 YRS | ||
| TOTAL RETURNS | 1,530.91 | 0.52% | 1.68% | 1.10% | 6.86% | 5.14% | 4.81% | N/A |
Calendar Year Performance
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
| TOTAL RETURNS | 6.76% | 4.78% | 3.29% | 3.42% | 5.76% | 6.14% | 5.95% | 6.55% | N/A | N/A |
Risk
| ANNUALIZED RISK | ANNUALIZED RISK-ADJUSTED RETURNS | |||||
| 3 YRS | 5 YRS | 10 YRS | 3 YRS | 5 YRS | 10 YRS | |
| STD DEV | 0.44% | 0.43% | N/A | 11.7 | 11.29 | N/A |
Index Characteristics
| NUMBER OF CONSTITUENTS | 1 |
Performance Review of the Fund Managers?
1) Anil Ghelani
Education: Mr. Ghelani has done B. Com., CFA & CA
Experience: Prior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.
Past Performance of his Schemes
| Fund | DSP Quant Fund | It’s Benchmark | DSP NIFTY 1D Rate Liquid ETF | It’s Benchmark |
| 1 Year | 25.75 | 36.90 | 6.79 | 4.80 |
| 3 Year | 10.41 | 17.19 | 4.70 | 3.20 |
| 5 Year | — | — | 4.40 | 3.29 |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
2) Diipesh Shah
Education: Mr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I Cleared
Experience: Prior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.
Past Performance of his Schemes
| Fund | DSP NIFTY 1D Rate Liquid ETF | It’s Benchmark | DSP Nifty 50 Equal Weight Index Fund | It’s Benchmark |
| 1 Year | 6.79 | 4.80 | 40.91 | 32.63 |
| 3 Year | 4.70 | 3.20 | 19.45 | 15.92 |
| 5 Year | 4.40 | 3.29 | 17.16 | 16.04 |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
Which Company Owns DSP S&P BSE Liquid Rate ETF?
DSP Investment Managers Pvt. Ltd.
Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai – 400069
Website: https://www.dspim.com/
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in DSP S&P BSE Liquid Rate ETF NFO?
Guidance for DSP S&P BSE Liquid Rate ETF by Paresh Gordhandas, C.A., Research Analyst.
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