DSP Mutual Fund has announced the launch of the DSP BSE Sensex Next 30 Index Fund and DSP BSE Sensex Next 30 ETF. These are open-ended equity schemes tracking BSE Sensex Next 30 Index, aiming to provide investors with an opportunity to gain exposure to the 30 largest companies beyond the BSE SENSEX, which are poised for growth and could be the next set of leaders.
The BSE Sensex Next 30 Index includes companies that are not part of the BSE SENSEX but represent significant market capitalization and potential for future growth. Financial services account for only 19% compared to 38% in BSE Sensex, while consumer discretionary and commodities contribute 18% each.
The index also maintains meaningful exposure to energy (10%), healthcare (10%), FMCG (8%), and industrials (8%), providing investors access to a well-diversified portfolio of quality large-cap companies. “Currently, the large-cap segment seems to be better placed in terms of risk versus reward, and our new launch offers exposure to a differentiated pocket within this segment, ”said Anil Ghelani, CFA, Head of Passive Investments & Products at DSP Asset Managers.
