Description
DSP MSCI India ETF units to be listed and admitted to trading on BSE in 'B' Group effective December 1, 2025.
Summary
BSE announces the listing of DSP MSCI India ETF units effective December 1, 2025. The ETF is an open-ended scheme tracking the MSCI India Index, managed by DSP Asset Managers Private Limited. A total of 2,129,862 units with face value of Rs. 10 and issue price of Rs. 30.37 will be listed in the ‘B’ Group with scrip code 544620.
Key Points
- Trading commencement date: December 1, 2025
- Total units issued: 2,129,862 units
- Scrip code: 544620
- ISIN: INF740KA1WV7
- Face value: Rs. 10.00 per unit
- Issue price: Rs. 30.37 per unit
- Date of allotment: November 25, 2025
- Market lot: 1 unit
- Group: B
- Scrip ID: MSCIADD
- Ten market makers appointed for liquidity provision
- Trading only in dematerialized form as per SEBI guidelines dated February 16, 2000
Regulatory Changes
No regulatory changes introduced. This circular follows existing SEBI guidelines requiring mutual fund units to be traded only in dematerialized form.
Compliance Requirements
- Trading members must ensure all trades in DSP MSCI India ETF units are executed in dematerialized form only
- Market makers: East India Securities Ltd, Kanjalochana Finserve Private Limited, Kotak Securities Ltd, Parwati Capital Market Pvt Ltd, Share India Securities Ltd, Vaibhav Stock and Derivatives Broking Pvt Ltd, Achintya Securities Pvt Ltd, Choice Equity Broking Pvt Ltd, Irage Broking Services LLP, Fyers Securities Private Limited, and Motilal Oswal Fin Ser Limited
- Trades will be executed in unit market lot (1 unit)
Important Dates
- November 25, 2025: Date of allotment
- November 28, 2025: Circular issue date
- December 1, 2025: Trading commencement date
Impact Assessment
This listing provides investors with another passive investment option to gain exposure to the MSCI India Index. The ETF offers a low-cost, diversified investment vehicle for tracking the Indian equity market. With ten market makers appointed, adequate liquidity is expected. The impact on broader market operations is minimal as this is a routine listing procedure. The product is suitable for investors seeking index-based exposure to Indian equities through a transparent, exchange-traded format.
Fund Details
Fund Manager: DSP Asset Managers Private Limited
Registered Office: Mafatlal Centre, 10th Floor, Nariman Point, Mumbai 400 021
Registrar and Transfer Agent: CAMS (Computer Age Management Services Limited), Rayala Towers, Tower II, 9th Floor, 158 Anna Salai, Chennai - 600002
Contact for Queries:
- At AMC: DSP Asset Managers Private Limited
- At BSE: Mr. Parag Jain, Manager - Listing Operations, Tel: 022-2272 8685, Email: direct.listing@bseindia.com
Impact Justification
Routine ETF listing announcement with limited market impact; primarily informational for market participants and investors interested in passive index-tracking products.