DSP Nifty IT ETFDSP Nifty IT ETFDSP Nifty IT ETF

DSP Nifty IT ETF

No trades
No trades

Compare with DSP Nifty IT ETF



Key stats


Assets under management (AUM)
—
Fund flows (1Y)
—
Dividend yield (indicated)
—
Discount/Premium to NAV
0.2%
Shares outstanding
—
Expense ratio
0.20%

Fund info


Issuer
DSP Finance Pvt Ltd. (Old)
Brand
DSP
Home page
Inception date
Jun 21, 2023
Structure
Open-Ended Fund
Index tracked
Nifty IT Index - INR - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Primary advisor
DSP Finance Pvt Ltd. (Old)
ISIN
INF740KA1SX1
FIGI
BBG01H5H3QY0
Identifiers
ISIN INF740KA1SX1
The Scheme seeks to provide returns that, before expenses, correspond to the total return of the underlying index (Nifty IT TRI), subject to tracking errors

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Broad-based
Strategy
Vanilla
Geography
India
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ITADD trades at 29.90 INR today, its price has fallen −0.17% in the past 24 hours. Track more dynamics on ITADD price chart.
ITADD net asset value is 32.55 today — it's risen 4.99% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ITADD price has fallen by −8.34% over the last month, and its yearly performance shows a −26.55% decrease. See more dynamics on ITADD price chart.
NAV returns, another gauge of an ETF dynamics, showed a 6.43% increase in three-month performance and has decreased by −12.14% in a year.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ITADD invests in stocks. See more details in our Profile section.
ITADD expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ITADD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ITADD technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ITADD shows the strong sell signal. See more of ITADD technicals for a more comprehensive analysis.
No, ITADD doesn't pay dividends to its holders.
ITADD trades at a premium (0.21%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ITADD shares are issued by DSP Finance Pvt Ltd. (Old)
ITADD follows the Nifty IT Index - INR - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 21, 2023.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.