Description

DSP BSE Top 10 Banks ETF units (3,253,467 units, Scrip Code 544725) are listed on BSE under 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 managed by DSP Asset Managers Private Limited, are listed and admitted to dealings on the Exchange under Group B effective March 12, 2026.

Key Points

  • Scrip Code: 544725 | Scrip ID / Abbreviated Name on BOLT: BANK10ADD
  • Number of Units Listed: 3,253,467
  • Face Value: Rs. 10.00 per unit | Issue Price: Rs. 10.00 per unit
  • Group: B | Market Lot: 1 unit
  • ISIN: INF740KA1YH2
  • Date of Allotment: March 6, 2026
  • Trading in units is permitted only in dematerialized form as per SEBI guidelines dated February 16, 2000
  • Trades are executed in unit market lot (1 unit)
  • Registrar & Transfer Agent: CAMS (Computer Age Management Services Limited), Chennai

Regulatory Changes

No new regulatory changes introduced. The listing complies with existing SEBI guidelines (dated February 16, 2000) mandating that mutual fund units be traded only in dematerialized form.

Compliance Requirements

  • Trading members must ensure all trades in DSP BSE Top 10 Banks ETF (Scrip Code 544725) are conducted in demat form only.
  • Trades must be executed in market lot of 1 unit.
  • Market makers listed below are designated to provide liquidity:
    • Kanjalochana Finserve Pvt Ltd
    • Share India Securities Ltd
    • Kotak Securities Limited
    • Choice Equity Broking Private Limited
    • IRAGE Broking Services LLP
    • Motilal Oswal Financial Services Ltd
    • ULJK Financial Services
    • Junomoneta Finsol Private Limited
    • Arihant Capital Markets Limited
    • Parwati Capital Market Pvt Ltd
    • East India Securities Ltd
    • Vaibhav Stock and Derivatives Broking Pvt Ltd

Important Dates

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

Impact Assessment

This is a standard ETF listing notice with medium market impact. The DSP BSE Top 10 Banks ETF provides investors with exchange-traded exposure to the top 10 banking stocks on BSE. With 12 designated market makers, adequate liquidity support is in place. The listing at face/issue price of Rs. 10 per unit and a market lot of 1 unit makes it accessible to retail investors. Impact is limited to participants in the mutual fund and ETF segment.

Impact Justification

Routine ETF listing notice with specific effective date and market maker details; relevant to market participants trading mutual fund units on BSE.