What is in DSP Nifty Healthcare ETF?
1. High Government’s Healthcare Spending 2.5% of the budget has been forecasted by the Indian Government for healthcare spending as % of Gross Domestic Product (GDP) by FY25. More funds mean a healthier nation, which, also benefits the businesses in this sector.
2. Favorable Foreign Direct Investment (FDI) Flows in Healthcare 8% CAGR increase in Foreign Direct Investments (FDIs) in healthcare from FY13 to FY23. Within the broader level healthcare sector, FDI flows have increased in drugs & pharmaceuticals, hospitals & diagnostic centres, and medical & surgical appliances in India.
3. Remarkable Past performance The healthcare sector has the potential to provide reasonably high returns with events of short-term underperformance as well. However, since 2008, the Nifty Healthcare TRI has largely delivered relatively better CAGR of ~13% vs ~10% by Nifty 500 TRI.
4. Rising Insurance Penetration US$ 222 Billion reach expected in the Indian Insurance market by the year 2026. Many Indians have started to recognise the importance of owning health insurance, hence, the business opportunities have a potential to grow.
5. No Stock Selection Hassle Don’t stress about picking individual stocks. The Healthcare Index covers it all from diversified themes like pharmaceuticals, hospitals, pathology, healthcare research analytics & technology. It adjusts or rebalances every 6 months i.e. semi-annually to represent the top 20 stocks (companies from healthcare sector) based on free float market cap from the Nifty 500 universe.
(source: https: dspim.com)
DSP Nifty Healthcare Index Fund NFO Details:
| Mutual Fund | DSP Mutual Fund |
| Scheme Name | DSP Nifty Healthcare Index Fund |
| Objective of Scheme | The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Healthcare Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – Index Funds |
| New Fund Launch Date | 02-Jun-2025 |
| New Fund Earliest Closure Date | 16-Jun-2025 |
| New Fund Offer Closure Date | 16-Jun-2025 |
| Indicate Load Seperately | |
| Minimum Subscription Amount | During NFO: Rs. 100/- and any amount thereafter |
| For Further Details Please Visit Website | https://www.dspim.com |
(source: https://www.amfiindia.com/)
DSP Nifty Healthcare Index Fund NFO
Application Form
(source: https: dspim.com)
DSP Nifty Healthcare Index Fund NFO Riskometer:
(source: https: dspim.com)