DSP S&P BSE Sensex ETF
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Investing Reference
Trading Reference
AI Probability Statement
Probability Statement
The DSP S&P BSE Sensex ETF is currently trading near a key support level, with recent volume indicating strong buying interest. If it breaks above the resistance level at 50-day EMA, it could see an upside potential of approximately 15%. However, if it falls below the support level, there could be a downside risk of about 10%.
Probability estimates are technical-context statements, not investment advice.
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Business Overview
The DSP S&P BSE Sensex ETF is a strategic investment vehicle designed for investors seeking exposure to India's premier stock market index, the BSE Sensex. Ideal for both seasoned investors and newcomers, this ETF offers a simple way to diversify portfolios while tracking the performance of top Indian companies. It matters because it provides a low-cost, transparent, and efficient means to participate in the growth of the Indian economy.
- Tracks the performance of the BSE Sensex
- Ideal for long-term investors
- Low expense ratio for cost-effective investing
- Diversifies exposure to top Indian companies
- Transparent and regulated investment vehicle
Investment Thesis
The DSP S&P BSE Sensex ETF is a compelling investment choice for retail investors, backed by a strong promoter group with a proven track record. With the digital services sector poised for significant growth, this ETF offers exposure to top Indian companies at attractive valuations compared to its peers.
- Strong backing from DSP Group, a reputable financial services firm.
- Significant growth potential in the digital services sector.
- Attractive valuation metrics compared to other ETFs in the market.
- Diversified exposure to top-performing companies in the Sensex.
- Ideal for investors seeking long-term capital appreciation.
Opportunity vs Risk
- Diversified exposure to top Indian companies
- Potential for long-term capital appreciation
- Low expense ratio compared to mutual funds
- Easy to trade on stock exchanges
- Market volatility affecting returns
- Tracking error compared to index
- Economic downturn impacts all stocks
- Limited control over individual stock selection
Peer Perspective
DSP S&P BSE Sensex ETF trades at a slight premium compared to peers like ICICI Prudential Nifty ETF and Nippon India Nifty ETF. A sustained growth acceleration in underlying index constituents could trigger a rerating.
Future Outlook
The DSP S&P BSE Sensex ETF is well-positioned to benefit from India's economic growth, provided that the fund maintains strong execution and cost control to maximize returns for investors.
AI FAQs for Retail Users
- Q: What is the DSP S&P BSE Sensex ETF?A: It is an exchange-traded fund that tracks the S&P BSE Sensex index.
- Q: How can I invest in this ETF?A: You can buy the ETF through a stockbroker on the stock exchange.
- Q: What are the benefits of investing in this ETF?A: It offers diversification and exposure to the top companies in India.
- Q: Are there any risks involved?A: Yes, like all investments, it carries market risks and potential fluctuations in value.
- Q: What is the expense ratio of this ETF?A: The expense ratio reflects the fund's management costs; check the latest details from the fund's website.
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10BusinessHighThe ETF tracks a well-established index, providing exposure to a diverse set of companies.
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10GrowthHighThe underlying index has shown consistent growth, reflecting the overall market performance.
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10ProfitabilityHighThe companies in the index generally exhibit strong ROE and cash flow generation.
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10ValuationHighValuation metrics are in line with historical averages for the index.
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8BalanceHighThe ETF has a diversified portfolio, reducing individual company risk.
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7GovernanceHighThe underlying companies have a good track record of governance.
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6DriversGoodMarket conditions and economic growth are key drivers, but global factors pose risks.
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5TechnicalsGoodThe ETF has shown stable liquidity and moderate momentum.
AI Confidence Score
Instead of just “overall score,” broken into categories:
- Business Strength: 75/100
- Growth Potential: 70/100
- Profitability: 65/100
- Governance: 80/100
- Market Confidence: 75/100