Overview
DSP Nifty Next 50 Index Fund Direct Growth
DSP Mutual Fund
The scheme seeks to invest in companies which are constituents of NIFTY Next 50 Index (underlying Index) in the same proportion as in the index and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index.
Investments in DSP Nifty Next 50 Index Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 25.6802
Fund Size (AUM)
₹899.17 Cr
Risk
Moderately High (Risk rating: 4/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
21-Feb-2019
Expense Ratio
0.26%
Exit Load
Nil
Benchmark
NIFTY Next 50 Total Return Index
Standard Deviation
20.37
History
Performance & Ratios
1-Year SIP Return
-11.88%
3-Year SIP Return
18.06%
5-Year SIP Return
18.12%
Mean Return
-1.6%
Alpha
1.2
Beta
1.32
Sharpe Ratio
0.52
Sortino Ratio
0.82
Information Ratio
0.36
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 5.92% | 15.18% | 23.6% | 12.14% |
| Category Average | 8.67% | 13.59% | 22.93% | N/A |
| Rank Within Category | 81 | 24 | 18 | N/A |
Holdings (50)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Interglobe Aviation Ltd. | Services | Equity | 4.54% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 3.59% |
| Vedanta Ltd. | Metals & Mining | Equity | 3.55% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.31% |
| Varun Beverages Ltd. | Consumer Staples | Equity | 3.27% |
| The Indian Hotels Company Ltd. | Services | Equity | 3.13% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 2.89% |
| Tata Power Company Ltd. | Energy | Equity | 2.85% |
| Power Finance Corporation Ltd. | Financial | Equity | 2.73% |
| Avenue Supermarts Ltd. | Services | Equity | 2.71% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Nippon India Large Cap Fund Direct Growth | 37546.38 | 10.12 | 20.26 | 0.71 | N/A |
| ICICI Prudential Bluechip Fund Direct Growth | 64962.52 | 11.79 | 17.77 | 0.89 | N/A |
| Edelweiss Large Cap Fund Direct Growth | 1156.58 | 10.13 | 16.27 | 0.61 | N/A |
| Canara Robeco Bluechip Equity Fund Direct Growth | 14965.25 | 14.14 | 15.87 | 0.5 | N/A |
| Bandhan Large Cap Fund Direct Growth | 1765.87 | 12.16 | 15.86 | 0.9 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
DSP Mutual Fund
DSP BlackRock Mutual Fund started their mutual fund on 16/12/1996 and its managing total assets of ₹78,763 Cr. Its ranked at 9 as per total assets at end of 30th Sep 2017. DSP Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
DSP group is a financial firm with a legacy of 152 years. It has a been in the asset management avenue for over 20 years now and the group is headed by Mr.Hemendra Kothari.
DSP Investment Managers Pvt. Ltd. is the Asset management Company and DSP Trustee Pvt. Ltd, acts as the trustee of the AMC. The company believes that by using adequate investment strategies, it is relatively easy to be successful in the financial market. It provides a wide range of mutual fund scheme ranging from equity, debt, tax and hybrid. The AMC has always managed to keep the returns consistent and they have a brilliant investor base as well.
The AMC believes in taking measured risks, which ultimately results in understanding the market conditions better and makes the best use of the investment opportunity. With a robust variety of products and consistent performance, DSP mutual fund has made a name for itself in the mutual fund industry.
Launch Date
1996-12-16T00:00:00.641Z
Total AUM
₹ 182266.77 Cr
Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway, Andheri East Mumbai 400069
Phone
1800-208-4499 / 1800-200-4499
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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DSP Nifty Next 50 Index Fund Direct Growth
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for DSP Nifty Next 50 Index Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of DSP Nifty Next 50 Index Fund Direct Growth?
The top stocks held by DSP Nifty Next 50 Index Fund Direct Growth include Interglobe Aviation Ltd., Hindustan Aeronautics Ltd., Vedanta Ltd..
Which industries does DSP Nifty Next 50 Index Fund Direct Growth invest in?
DSP Nifty Next 50 Index Fund Direct Growth primarily invests in the following industries: Services, Capital Goods, Metals & Mining.
Who are the fund managers of DSP Nifty Next 50 Index Fund Direct Growth?
The fund managers of DSP Nifty Next 50 Index Fund Direct Growth are Anil Ghelani and Diipesh Shah.
How many years has the fund manager been managing DSP Nifty Next 50 Index Fund Direct Growth?
Anil Ghelani:
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Diipesh Shah:
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What is the minimum investment for DSP Nifty Next 50 Index Fund Direct Growth?
The minimum investment for DSP Nifty Next 50 Index Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for DSP Nifty Next 50 Index Fund Direct Growth?
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What are the average 3-year returns for DSP Nifty Next 50 Index Fund Direct Growth?
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What is the expense ratio of DSP Nifty Next 50 Index Fund Direct Growth, and how does it compare to its category?
The expense ratio of DSP Nifty Next 50 Index Fund Direct Growth is 0.26%. The average expense ratio for similar funds in the Equity is Calculating....