Fund Details
DSP Equal Nifty 50 Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.77% |
| NAV | ₹12.21 (20 Jan 2021) |
|---|---|
| Fund Started | 20 Oct 2017 |
| Fund Size | ₹120 Cr |
Returns
Comparison
1. Exit load is zero
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.6% |
| Bajaj Finserv Ltd. | Financial | Equity | 2.6% |
| Tata Steel Ltd. | Metals | Equity | 2.6% |
| Bajaj Finance Ltd. | Financial | Equity | 2.5% |
| Indusind Bank Ltd. | Financial | Equity | 2.5% |
| HDFC Bank Ltd. | Financial | Equity | 2.4% |
| Axis Bank Ltd. | Financial | Equity | 2.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 2.3% |
| ICICI Bank Ltd. | Financial | Equity | 2.3% |
| State Bank of India | Financial | Equity | 2.2% |
Fund Managers
DSP Equal Nifty 50 Fund Regular Growth Details
DSP Equal Nifty 50 Fund Regular Growth is a Equity Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 20 Oct 2017. Gauri Sekaria is the Current Fund Manager of DSP Equal Nifty 50 Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹120 Cr and the Latest NAV as of 20 Jan 2021 is ₹12.21.
The DSP Equal Nifty 50 Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The scheme seeks to invest in companies which are constituents of NIFTY 50 Equal Weight 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.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
