NSE · Corporate Action · Low

NSE splits face value of two DSP ETFs from Rs. 10 to Re. 1 per unit

DSP Nifty Midcap 150 Quality 50 ETF and DSP Nifty Healthcare ETF will undergo a 10:1 face value split effective July 3, 2026, increasing unit count proportionately.

17 Jun 2026 Effective July 3, 2026 Affects: Unit holders of DSP Nifty Midcap 150 Quality 50 ETF and DSP Nifty Healthcare ETF; NSE members must update trading systems.

What changed

Face value of MIDQ50ADD and HEALTHADD cut from Rs. 10 to Re. 1 per unit.
Split ratio is 10:1; effective July 3, 2026.
Existing unit holders get more units; portfolio value unchanged.

The read

This is a purely administrative move. NSE has slashed the face value of two DSP ETFs (the Midcap 150 Quality 50 and Nifty Healthcare) from Rs. 10 to Re. 1 per unit — effectively a 10:1 split. For investors, the total portfolio value stays the same; only the unit count rises. The change, effective July 3, 2026, requires brokers to update their lot-size, margin, and reporting systems. The split is a book entry, not a trading event.

DSP Nifty Midcap 150 Quality 50 ETFDSP Nifty Healthcare ETFRs. 10 to Re. 1

Primary source: official circular (PDF)