Fundalysisby DARKHORSESTOCKS

Scheme

DSP MSCI India ETF

Holds 164 companies worth ₹2.5 Cr in Sept 2026.

  • Fund house

    DSPThe fund house that runs this scheme.

  • AUM

    ₹2.6 CrDSP MSCI India ETF's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 6.3% on Aug 2026, ₹2.8 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 6.4% of this scheme's NAV.

  • Fund manager

    Anil GhelaniRuns it since 25 Nov 2025, as the fund house dates it. With Diipesh Shah (co-manager), Neha Rathi (co-manager).

Overview(8 Oct 2026)

Fund managers3

  1. Anil GhelaniFund manager · Nov 2025 · 26y · CA CFA B.Com
  2. Diipesh ShahCo-manager · Nov 2025 · 22y · CA CFA B.Com
  3. Neha RathiCo-manager · May 2026 · 8y · CA B.Com

    Key facts

    Benchmark
    MSCI India Index (TRI)
    Risk
    Very High
    Expense
    Regular 0% · Direct 0.16%
    Exit load
    Nil
    Started
    25 Nov 2025
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 8 Oct 2026 at AMFI.

    What changed(12 changes)

    Aug 2026

    2 changes

    Jul 2026

    2 changes

    May 2026

    1 change
    1. Neha Rathi joined
      7 Mayas co-manager

    Source.Its filings at NSE, since Nov 2025.

    Fund managers over time(Nov 2025 – now)

    1. Anil Ghelani
    2. Diipesh Shah
    3. Neha Rathi
    MainCoSlice2026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Nov 2025 – Oct 2026)

    Every change to the expense ratio, newest first.
    12 changesRegularDirectΔ pt
    31 Aug 20260.00%0.42%0.06
    12 Aug 20260.00%0.48%0.06
    17 Jul 20260.00%0.42%0.01
    1 Jul 20260.00%0.43%0.03
    15 Apr 20260.00%0.40%0.06
    14 Apr 20260.00%0.46%0.03
    13 Apr 20260.00%0.43%0.03
    6 Apr 20260.00%0.40%0.01
    4 Mar 20260.00%0.39%0.03
    19 Feb 20260.00%0.36%0.03
    2 Dec 20250.00%0.39%0.01
    28 Nov 20250.00%0.40%–
    Direct plan, 31 Aug 2026
    0.42%
    Regular plan 0.00% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(8 Oct 2026)

    Objective

    The investment objective of the Scheme is to generate returns that are commensurate with the performance of the MSCI India Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended scheme replicating / tracking MSCI India Index
    Benchmark
    MSCI India Index (TRI)

    Asset allocation it may hold% of NAV

    1. A. Equity and Equity Related Securities of companies constituting MSCI India Index, the Underlying Index
      Allowed95–100%Holds99.5%
    2. B. Cash and Cash Equivalents
      Allowed0–5%Holds0.5%

    Holds in Sept 2026.99.5% equity · 0.5% debt and cash

    How to invest(8 Oct 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹5,000, then in multiples of ₹1

    Selling and switching

    To redeem
    ₹0.01 or 0.001 units

    Scheme details(8 Oct 2026)

    What it is

    Category
    Exchange Traded Fund (ETF)
    Offer
    10 Nov 2025 to 19 Nov 2025
    Started
    25 Nov 2025
    Reopened
    1 Dec 2025
    Plans
    Presently the Scheme does not offer any Plans/Options under the Scheme. The AMC/Trustee reserves the right to introduce Plan(s)/Option(s) as may be deemed appropriate at a later date.
    Face value
    ₹10
    Listed
    Listed on BSE and NSE

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    HSBC
    Auditor
    S.R. Batliboi & Co LLP
    Registrar
    Computer Age Management Services Limited (CAMS)
    SEBI code
    DSPM/O/O/EET/25/06/0087