DSP Mutual Fund has introduced the DSP BSE Sensex Next 30 Index Fund and DSP BSE Sensex Next 30 ETF, becoming the first in India to focus on the BSE Sensex Next 30 Index. These open-ended equity schemes provide exposure to the 30 largest companies beyond the BSE SENSEX, offering investors a chance to benefit from emerging market leaders with strong growth potential.
The index represents a middle segment of large-cap companies, diversified across Consumer Discretionary (18%), Commodities (18%), Financial Services (19%), Energy (10%), Healthcare (10%), FMCG (8%), and Industrials (8%). With annualized returns of 14.4% over the past decade and a track record of outperforming the BSE SENSEX in seven of the last ten years, the index has demonstrated its wealth-creation potential.
In Guwahati, financial advisors see strong interest in DSP’s new funds as investors seek innovative products to diversify portfolios. The region’s growing investor base is drawn to the fund’s low overlap with existing large-cap indices and its focus on emerging leaders, reflecting a shift towards sophisticated investment strategies in Northeast India. The New Fund Offer (NFO) is open from January 10 to January 24, 2025. Investors can opt for lump-sum or SIP options to align with their financial goals. DSP Mutual Fund, backed by the 160-year-old DSP Group, continues its legacy of promoting wealth creation and responsible investing.
