| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.29% |
| NAV | ₹10.09 (03 Jul 2020) |
|---|---|
| Fund Started | 11 Feb 2019 |
| Fund Size | ₹58 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Avenue Supermarts Ltd. | Services | Equity | 5.2% |
| HDFC Life Insurance Co Ltd. | Financial | Equity | 4.7% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 4.7% |
| SBI Life Insurance Company Ltd. | Financial | Equity | 4.3% |
| Dabur India Ltd. | FMCG | Equity | 4.0% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 4.0% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 3.7% |
| Pidilite Industries Ltd. | Chemicals | Equity | 3.4% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 3.2% |
| Lupin Ltd. | Healthcare | Equity | 3.2% |
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.
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.
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.