Description

DSP BSE Top 10 Banks ETF units (3,253,467 units, Scrip Code 544725) are listed on BSE in Group B with effect from March 12, 2026, tracking the BSE Top 10 Banks Index.

Summary

BSE has notified trading members that units of DSP BSE Top 10 Banks ETF, an open-ended scheme replicating/tracking the BSE Top 10 Banks Index under DSP Mutual Fund, are listed and admitted to dealings on the Exchange in Group B effective Thursday, March 12, 2026. The ETF is managed by DSP Asset Managers Private Limited and trades under Scrip Code 544725 on the BOLT system as BANK10ADD.

Key Points

  • Effective Date: March 12, 2026
  • Scrip Code: 544725 | Scrip ID (BOLT): BANK10ADD
  • Group: B | Market Lot: 1 unit
  • Number of Units Listed: 3,253,467
  • Face Value: Rs. 10.00 per unit | Issue Price: Rs. 10.00 per unit
  • Date of Allotment: March 6, 2026
  • ISIN: INF740KA1YH2
  • Fund Manager/AMC: DSP Asset Managers Private Limited, Mafatlal Centre, 10th Floor, Nariman Point, Mumbai 400 021
  • Registrar & Transfer Agent: CAMS (Computer Age Management Services Limited), Rayala Towers, Tower II, 9th Floor, 158 Anna Salai, Chennai 600002
  • Trading is permitted only in dematerialized form per SEBI guidelines dated February 16, 2000

Regulatory Changes

No new regulatory changes introduced. This circular follows existing SEBI guidelines (dated February 16, 2000) requiring mutual fund units to be traded in dematerialized form only.

Compliance Requirements

  • Trading members must ensure all trades in this ETF are executed in dematerialized form only.
  • Trades must be in unit market lot (i.e., one unit per lot).
  • Members requiring clarification may contact Mr. Parag Jain, Manager – Listing Operations, BSE (Email: mf.listing@bseindia.com, Tel: 022 2272 8685) or DSP Asset Managers Private Limited.

Important Dates

  • Date of Allotment: March 6, 2026
  • Listing Effective Date: March 12, 2026 (Thursday)
  • Circular Date: March 11, 2026

Impact Assessment

This is a routine listing notice with limited broader market impact. The ETF provides investors with exposure to the top 10 banks tracked by the BSE Top 10 Banks Index. Twelve market makers have been designated (including Kotak Securities, Motilal Oswal, Share India Securities, Arihant Capital Markets, and others) to provide liquidity. The listing affects trading members and investors interested in bank-sector ETF products; no compliance burden is imposed on listed companies or other market participants.

Impact Justification

Routine ETF listing notice for a new mutual fund scheme; impacts only trading members dealing in this ETF and does not impose new compliance obligations on the broader market.