Description

DSP BSE Top 10 Banks ETF NFO of DSP Mutual Fund is available for transactions on NSE MF Invest Platform from February 27 to March 4, 2026, with allotment on March 6, 2026.

Summary

NSE has informed its members that DSP BSE Top 10 Banks ETF NFO of DSP Mutual Fund is available for transactions on the NSE MF Invest Platform from February 27, 2026 to March 4, 2026 (till 11:59 PM). The fund tracks the BSE Top 10 Banks index and is offered in both Direct and Regular Growth plans. Allotment is scheduled for March 6, 2026.

Key Points

  • DSP BSE Top 10 Banks ETF NFO is open for subscription on NSE MF Invest Platform from February 27 to March 4, 2026
  • Two plans available: Direct Growth (ISIN: INF740KA1YH2) and Regular Growth (ISIN: INF740KA1YH2)
  • Both plans fall under the Equity category
  • Units will be allotted on March 6, 2026
  • Clear funds must be received in the designated Clearing Corporation account by March 5, 2026 at 11:59 PM

Regulatory Changes

No regulatory changes. This is a standard NFO availability notification.

Compliance Requirements

  • Members must ensure clear funds through any payment mode are received in the designated Clearing Corporation account on or before March 5, 2026 at 11:59 PM
  • Members facilitating transactions must adhere to NSE MF Invest Platform guidelines

Important Dates

  • NFO Open Date: February 27, 2026
  • NFO Close Date: March 4, 2026 (11:59 PM)
  • Fund Transfer Deadline: March 5, 2026 (11:59 PM)
  • Allotment Date: March 6, 2026

Impact Assessment

This is a routine NFO launch notification with limited market-wide impact. It provides members an opportunity to facilitate client investments in a banking-sector ETF tracking the BSE Top 10 Banks index. The short subscription window (6 days) and sector-specific focus limit the broader market impact. Members dealing in mutual fund transactions should update their platforms accordingly to accept subscriptions.

Impact Justification

Routine NFO launch notification for a sectoral bank ETF on the NSE MF Invest platform; limited to members facilitating mutual fund transactions with a short subscription window.