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The Economic Times
The Economic Times
Surbhi Khanna

NFO Update: DSP Mutual Fund announces launch of DSP Nifty FMCG ETF

DSP Mutual Fund Anil Ghelani

DSP Mutual Fund announced the launch of DSP Nifty FMCG ETF, an open-ended exchange-traded fund designed to replicate/track the Nifty FMCG Index. This fund aims to help investors participate in a few of the leading FMCG companies across categories such as household products, personal care, beverages, and staples, etc. by tracking the Nifty FMCG Index, subject to tracking error.

The new fund offer, or NFO, of this passive fund is open for subscription and will close on May 14. The scheme will reopen for continuous sale and repurchase on May 22.

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