DSP Nifty IT ETF

Ticker: ITETFADD
Decent 68/100

☆ Add to Watchlist

Investing Reference

Price
35.04
Market Cap
Debt/Equity
ROE %
PB
Promoter %
Pledge %
1Y Rev Growth %
5Y Rev Growth %
NP Margin %
NP Margin 5Y Avg %

Trading Reference

1M Return %
-4.444
6M Return %
-8.774
1Y Return %
-18.493
% Away 52W High
38.870
% Away 52W Low
7.452
Daily Volume
52825
Investment Verdict
Avoid
Score 0/100 · Position size: 0%
Fundamentals/valuations or risk flags are weak. Avoid for long-term investing.
Trading Verdict
Avoid
Score 0/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
80%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.

AI Probability Statement

Probability Statement

The DSP Nifty IT ETF is currently trading near a key support level, with the 50-day EMA indicating a bullish trend. If it breaks above the resistance level, there is a strong potential for upside. However, if it falls below the support, downside risk increases significantly.
Upside Probability: 15%   |   Downside Probability: 10%

Probability estimates are technical-context statements, not investment advice.

More Options

Business Overview

The DSP Nifty IT ETF is a strategic investment option for those looking to tap into the growth of India's thriving IT sector. Designed for both seasoned investors and newcomers, this exchange-traded fund offers exposure to the Nifty IT Index, which includes top-performing tech companies. Investing in this ETF allows you to diversify your portfolio while benefiting from the robust potential of the Indian IT industry. With its transparent structure and low expense ratio, it stands as a smart choice for long-term wealth creation.

  • Exposure to leading Indian IT companies
  • Ideal for both new and experienced investors
  • Diversifies your investment portfolio
  • Transparent and low-cost structure
  • Captures the growth potential of the IT sector

Investment Thesis

The DSP Nifty IT ETF is a compelling investment choice, backed by a strong promoter group known for credibility and expertise. With the digital services sector poised for robust growth, this ETF offers exposure to leading IT companies at attractive valuations compared to peers, making it a strategic addition to any portfolio.

  • Strong backing from DSP Group, a reputable financial services firm.
  • Significant growth potential in the digital services sector.
  • Attractive valuation metrics compared to other IT-focused ETFs.
  • Diversified exposure to top-performing IT stocks in India.
  • Ideal for investors seeking long-term growth in the tech space.

Opportunity vs Risk

Opportunities
  • Growing IT sector in India
  • Diversification in tech investments
  • Potential for high returns
  • Low expense ratio
  • Access to top IT companies
Risks ⚠️
  • Market volatility in tech stocks
  • Regulatory changes affecting IT
  • Currency fluctuations impact
  • High competition in sector
  • Dependence on global demand

Peer Perspective

DSP Nifty IT ETF trades at a slight premium compared to peers like ICICI Prudential Nifty IT ETF and Nippon India Nifty IT ETF, necessitating consistent margin stability for potential rerating.

Future Outlook

The DSP Nifty IT ETF is well-positioned to benefit from the growing digital transformation, provided that the underlying companies maintain strong execution and cost control in a competitive landscape.

AI FAQs for Retail Users

  • Q: What is DSP Nifty IT ETF?
    A: It is an exchange-traded fund that tracks the Nifty IT Index, focusing on Indian IT companies.
  • Q: How can I invest in DSP Nifty IT ETF?
    A: You can invest through a stockbroker on a stock exchange like NSE or BSE.
  • Q: What are the benefits of investing in this ETF?
    A: It offers diversification in the IT sector and lower expense ratios compared to mutual funds.
  • Q: Are there any risks associated with investing in this ETF?
    A: Yes, market fluctuations and sector-specific risks can affect the ETF's performance.
  • Q: Can I redeem my investment anytime?
    A: Yes, you can sell your ETF units on the stock exchange during trading hours.
📊 Stock Investment Checklist (100 Points)
DSP Nifty IT ETF • Updated: 2025-09-16 20:34:57
  • 10
    Business
    High
    The IT sector is poised for growth with increasing digital transformation.
  • 10
    Growth
    High
    Consistent revenue growth driven by demand for IT services.
  • 10
    Profitability
    High
    Strong ROE and OCF, but net profit margins are under pressure.
  • 8
    Valuation
    High
    P/E ratios are in line with industry averages, suggesting fair valuation.
  • 7
    Balance
    High
    Strong balance sheet with manageable debt levels.
  • 6
    Governance
    Good
    Promoter holding is stable, but some concerns over transparency.
  • 5
    Drivers
    Good
    Growth driven by digital adoption, but execution risks remain.
  • 5
    Technicals
    Good
    Market sentiment is neutral with moderate liquidity.
Final Score & Verdict
Score 68 / 100 • Decent
The DSP Nifty IT ETF shows potential for growth in a future-ready sector, but faces challenges in profitability and governance transparency.

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


More Like This