Description
NSE notifies listing of 3,253,467 units of DSP BSE Top 10 Banks ETF (Symbol: BANK10ADD) on the Capital Market segment, effective March 12, 2026.
Summary
NSE has notified the listing of units issued by DSP Asset Managers Private Limited under the DSP BSE Top 10 Banks ETF scheme on the Capital Market segment. Trading commences from March 12, 2026 under the symbol BANK10ADD.
Key Points
- 3,253,467 units of DSP BSE Top 10 Banks ETF admitted to dealings on NSE Capital Market segment
- Symbol: BANK10ADD, ISIN: INF740KA1YH2
- Face value and paid-up value: Rs. 10/- per unit; Issue price: Rs. 17.27/-
- Market lot size: 1 unit
- Date of allotment: March 6, 2026
- 12 market makers designated including Kotak Securities, Motilal Oswal, Share India Securities, and others
Regulatory Changes
No regulatory changes. This is a routine listing notification issued under Regulation 3.1.1 and 2.5.5 of the NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Trading members must identify the security only by its designated code BANK10ADD
- Trading must be conducted in the specified lot size of 1 unit
- Market makers listed in the annexure are expected to fulfil their market-making obligations
Important Dates
- Date of Allotment: March 6, 2026
- Effective Date for Trading: March 12, 2026
Impact Assessment
Limited market impact. This is a standard ETF listing for a banking-sector ETF benchmarked to the BSE Top 10 Banks index. With 12 market makers designated, liquidity support is well-covered. Relevant to retail and institutional investors seeking exposure to top Indian banking stocks through an ETF structure.
Impact Justification
Routine ETF unit listing notification with no regulatory changes or compliance obligations for existing market participants; relevant primarily to investors in DSP BSE Top 10 Banks ETF.