India’s mutual fund industry is set to witness two high-profile launches in September, as DSP Mutual Fund and JioBlackRock Mutual Fund roll out contrasting approaches to the popular flexi-cap category. While DSP has introduced the country’s first flexi-cap exchange traded fund (ETF), JioBlackRock is betting on its globally tested active equity model to deliver consistent alpha. Advertisement
DSP’s passive ETF approach
DSP Mutual Fund on September 25 announced the launch of the DSP Nifty 500 FlexiCap Quality 30 ETF, the first of its kind in India. Unlike traditional flexi-cap funds that rely on a manager’s discretion, this ETF will passively replicate the Nifty 500 FlexiCap Quality 30 TRI, an index of 30 quality stocks filtered from the broader Nifty 500 universe.
The fund is designed t