NFO Alert: DSP Mutual Fund Launches DSP BSE Insurance ETF

DSP Mutual Fund has opened its DSP BSE Insurance ETF New Fund Offer (NFO) for subscription on September 24, 2026. The issue will close on September 28, 2026, giving investors a 5-day subscription window. 

The scheme is an open-ended fund classified under the Equity: Sectoral-Other category. It has no lock-in period, while the exit load is listed as zero. 

Investment Objective 

The scheme will seek to generate returns in line with the performance of the BSE Insurance Index, subject to tracking error. The BSE Insurance TRI has been set as its benchmark. 

The fund's structure means its performance will be linked to the movement of the insurance index rather than a broader equity market benchmark. The investment strategy is centred on the stated objective of tracking this index. 

Minimum Investment 

The minimum investment amount for the scheme is ₹5,000. The available plan is Growth, with no separate lock-in period specified for investors. 

The riskometer for the scheme is marked Very High. The classification reflects the risk level stated in the scheme details and applies to the fund as an equity-oriented sectoral offering. 

Fund Management 

DSP Mutual Fund is the fund house managing the scheme. Anil Ghelani, Diipesh Shah, and Neha Rathi have been named as the fund managers. 

The scheme does not carry an exit load, according to the available fund details. Investors therefore do not have a specified exit charge under the stated structure. 

Key NFO Details 

The NFO opened on September 24 and will close on September 28, 2026. The minimum investment is ₹5,000, with Growth as the available plan. 

The scheme carries a Very High-risk rating and uses the BSE Insurance TRI as its benchmark. Returns will be linked to the BSE Insurance Index, subject to tracking error. 

Read More: Upcoming NFO: Mirae Asset Mutual Fund Files Draft for Mirae Asset Floating Interest Rates Fund! 

Conclusion  

DSP Mutual Fund's insurance ETF NFO opened on September 24, 2026. The scheme has no lock-in period or exit load and uses BSE Insurance TRI as its benchmark. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.