Fund Details
DSP Nifty 50 Index Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.22% |
| NAV | ₹13.32 (25 Jan 2021) |
|---|---|
| Fund Started | 20 Feb 2019 |
| Fund Size | ₹74 Cr |
Returns
Comparison
1. Lower expense ratio - 0.21%
2. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
3. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Industries Ltd. | Energy | Equity | 10.4% |
| HDFC Bank Ltd. | Financial | Equity | 10.1% |
| Infosys Ltd. | Technology | Equity | 7.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 7.4% |
| ICICI Bank Ltd. | Financial | Equity | 6.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.8% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.5% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.5% |
Fund Managers
DSP Nifty 50 Index Fund Direct Growth Details
DSP Nifty 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 20 Feb 2019. Gauri Sekaria is the Current Fund Manager of DSP Nifty 50 Index Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹74 Cr and the Latest NAV as of 25 Jan 2021 is ₹13.32.
The DSP Nifty 50 Index Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The Scheme seeks to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking error.
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.
