DSP Nifty Next 50 Index Fund Direct Growth+0.76%

4
-5.58%
1 Year Return
Equity
Large Cap
4.0star
6M
1Y
All

Fund Details

DSP Nifty Next 50 Index Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.29%
NAV10.09 (03 Jul 2020)
Fund Started11 Feb 2019
Fund Size58 Cr

Returns

1Y
3Y*
5Y*
Since inception*
DSP Nifty Next 50 Index Fund Direct Growth
-5.6%
NA
NA
0.7%
Category Average
-16.9%
0.9%
7.0%
-
Rank within category
12
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with -5.6% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.29%
    2. 1Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    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

    NameSectorInstrument% Assets
    Avenue Supermarts Ltd.ServicesEquity5.2%
    HDFC Life Insurance Co Ltd.FinancialEquity4.7%
    Divi's Laboratories Ltd.HealthcareEquity4.7%
    SBI Life Insurance Company Ltd.FinancialEquity4.3%
    Dabur India Ltd.FMCGEquity4.0%
    ICICI Lombard General Insurance Company Ltd.FinancialEquity4.0%
    Godrej Consumer Products Ltd.FMCGEquity3.7%
    Pidilite Industries Ltd.ChemicalsEquity3.4%
    Aurobindo Pharma Ltd.HealthcareEquity3.2%
    Lupin Ltd.HealthcareEquity3.2%
    See All

    Fund Managers

    addGauri Sekaria
    Education
    Ms. Sekaria is a BBM (Finance) and M.Sc.(International Securities) and Investment and Banking from ICMA Centre UK.
    Experience
    She has been associated with Benchmark Mutual Fund since 2005.
    Funds Managed

    DSP Nifty Next 50 Index Fund Direct Growth Details

    DSP Nifty Next 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was made available to investors on 11 Feb 2019. Gauri Sekaria is the Current Fund Manager of DSP Nifty Next 50 Index Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹58 Cr and the Latest NAV as of 03 Jul 2020 is ₹10.09.

    The DSP Nifty Next 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 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.

    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.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About DSP BlackRock Mutual Fund

    Address
    Mafatlal Centre, 10th Floor, Nariman Point Mumbai 400021
    Phone
    022 66578000
    Launch Date
    16 Dec 1996
    DSP Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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