NFO Alert: DSP Mutual Fund Launches DSP Nifty FMCG ETF

DSP Mutual Fund has launched the DSP Nifty FMCG ETF under the Exchange Traded Fund (ETF) category. The New Fund Offer (NFO) opened for subscription on 12 May 2026 and will close on 14 May 2026. The units are being offered at an initial NAV of ₹10 each. 

The scheme falls under the equity segment and will be available under the growth option. According to the scheme details, the ETF carries a “Very High” risk classification on the riskometer. 

Fund to Track Nifty FMCG Index 

The ETF is to track the Nifty FMCG Index, which includes companies from the fast-moving consumer goods sector. The index covers businesses operating in packaged food, beverages, personal care, household products, and tobacco. 

DSP Mutual Fund said the objective of the scheme is to generate returns in line with the performance of the benchmark index, subject to tracking error. The scheme document also stated that there is no guarantee that the investment objective will be achieved. 

Investment Details 

The minimum investment amount during the NFO period has been fixed at ₹5,000. The fund is currently open for one-time investments only, while SIP investments are not being offered under the scheme. 

Being an ETF, the units are expected to be listed on the stock exchange after allotment. Investors will then be able to buy or sell units during trading hours in the secondary market. 

Fund Management and Structure 

The scheme will be managed by Anil Ghelani. As a passive fund, the ETF will invest in stocks that form part of the Nifty FMCG Index. The portfolio allocation will largely depend on the weightage of companies within the benchmark. 

Sector-based passive funds have seen a steady rise in launches in recent years, with fund houses introducing ETFs linked to specific industries and themes. 

Read More: Equity Mutual Fund Inflows Fall 5% in April 2026 Despite Yearly Growth! 

Conclusion 

The DSP Nifty FMCG ETF NFO will remain open till 14 May 2026. The scheme offers exposure to listed FMCG companies through a passive investment structure linked to the Nifty FMCG Index. 

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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.