Today news
About the same in other media
India’s first ETF based on Nifty 50 Equal Weight Index launched – Check how it differs
Reading now: 116
DSP Investment Managers has announced the launch of DSP Nifty 50 Equal Weight ETF, India’s first Exchange Traded Fund based on the Nifty 50 Equal Weight Index.
The New Fund Offer opened for subscription on October 18th and will close on October 29th, after which it can be purchased and sold on the exchanges. The DSP Equal Nifty 50 ETF aims to provide better sector and stock diversification compared to the Nifty 50 Index.
In Nifty 50, the stock weights are determined by market cap and weightage changes based on market movement. The returns are skewed towards stocks with highest weight. In Nifty 50 Equal Weight, equal weights to each stock and weight of each stock is reset to equal weight every quarter. Every stock has equal opportunity to
Read more on financialexpress.comAbout this in other media
Kamal Haasan first Indian actor to be part of a Metaverse economictimes.indiatimes.com /3 years ago
More Indians join NFT gold rush; experts warn of legal pitfalls, uncertain future moneycontrol.com /3 years ago
Jefferies Group’s Christopher Wood bullish on Indian equities, Bitcoin: Report moneycontrol.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
