DSP Nifty500 Flexicap Quality 30 Index Fund: India’s First
Why in the news
DSP Mutual Fund introduced a passive fund spreading money across all market-cap tiers on a quality basis.
Key facts
- Benchmark: Nifty500 Flexicap Quality 30 Index.
- Style: low-cost, rules-based, passive.
- Mix: weights across cap segments can shift with valuations and market trends.
- Risk: balanced; smaller firms add growth, large caps add stability.
About flexi-cap index funds
Equity funds investing across large, mid and small caps, giving diversification and flexibility, with cheaper costs than active flexi-cap funds.
Exam angle
- Fund house: DSP; stocks in index: 30.
- SEBI minimum equity for the category: 65%.