How to Invest in DSP Nifty Next 50 Index Fund Direct Growth?

You can easily invest in DSP Nifty Next 50 Index Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for DSP Nifty Next 50 Index Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in DSP Nifty Next 50 Index Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does DSP Nifty Next 50 Index Fund Direct Growth provide?

The DSP Nifty Next 50 Index Fund Direct Growth has been there from 21 Feb 2019 and the average annual returns provided by this fund is -1.85% since its inception.

How much expense ratio is charged by DSP Nifty Next 50 Index Fund Direct Growth?

The term Expense Ratio used for DSP Nifty Next 50 Index Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of DSP Nifty Next 50 Index Fund Direct Growth is 0.30% as of 29 Jan 2023...

What is the AUM of DSP Nifty Next 50 Index Fund Direct Growth?

The AUM, short for Assets Under Management of DSP Nifty Next 50 Index Fund Direct Growth is ₹244.48Cr as of 29 Jan 2023.

How to Redeem DSP Nifty Next 50 Index Fund Direct Growth?

If you want to sell your DSP Nifty Next 50 Index Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of DSP Nifty Next 50 Index Fund Direct Growth?

You can select either SIP or Lumpsum investment of DSP Nifty Next 50 Index Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of DSP Nifty Next 50 Index Fund Direct Growth?

The NAV of DSP Nifty Next 50 Index Fund Direct Growth is ₹15.30 as of 27 Jan 2023.

What is the PE and PB ratio of DSP Nifty Next 50 Index Fund Direct Growth?

The PE ratio ratio of DSP Nifty Next 50 Index Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

DSP Nifty Next 50 Index Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

DSP Nifty Next 50 Index Fund Direct Growth
Other
Index
Moderately High Risk
10.92%
3Y annualised
-3.72% 1D
1M
6M
1Y
3Y
All
 NAV: 27 Jan 2023₹15.30
Min. SIP amount₹500
Rating3
Fund size₹244.48Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Other Index
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA-1.9%10.9%11.4%
Category averageNA2.2%13.2%NA
Rank with in categoryNA6853NA
Understand terms
Holdings (50)NameSectorInstrumentAssets
Adani Total Gas Ltd.EnergyEquity3.8%
LTIMindtree Ltd.TechnologyEquity3.5%
Pidilite Industries Ltd.ChemicalsEquity3.4%
Ambuja Cements Ltd.ConstructionEquity3.3%
Bharat Electronics Ltd.Capital GoodsEquity3.1%
Tata Power Company Ltd.EnergyEquity3.0%
Bank Of BarodaFinancialEquity3.0%
Vedanta Ltd.Metals & MiningEquity3.0%
SRF Ltd.DiversifiedEquity2.9%
Godrej Consumer Products Ltd.Consumer StaplesEquity2.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Other Index
Pros
Cons
Exit load is zero
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lower expense ratio: 0.3%
Lower alpha: -0.82
The fund has generated returns lower than benchmark - NIFTY Next 50 Total Return Index - in the last 3Y 
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2022 - Present
0.30%
30 Nov 2022 - 31 Dec 2022
0.30%
30 Nov 2022 - 30 Nov 2022
0.30%
30 Nov 2022 - 30 Nov 2022
0.30%
31 Oct 2022 - 30 Nov 2022
0.30%
31 Oct 2022 - 31 Oct 2022
0.30%
31 Oct 2022 - 31 Oct 2022
0.30%
31 Oct 2022 - 31 Oct 2022
0.30%
30 Sep 2022 - 31 Oct 2022
0.30%
30 Sep 2022 - 30 Sep 2022
0.30%
30 Sep 2022 - 30 Sep 2022
0.30%
31 Aug 2022 - 30 Sep 2022
0.30%
31 Aug 2022 - 31 Aug 2022
0.30%
31 Jul 2022 - 31 Aug 2022
0.30%
31 Jul 2022 - 31 Jul 2022
0.30%
30 Jun 2022 - 31 Jul 2022
0.30%
30 Jun 2022 - 30 Jun 2022
0.30%
31 May 2022 - 30 Jun 2022
0.30%
31 May 2022 - 31 May 2022
0.30%
30 Apr 2022 - 31 May 2022
0.30%
30 Apr 2022 - 30 Apr 2022
0.30%
31 Mar 2022 - 30 Apr 2022
0.30%
31 Mar 2022 - 31 Mar 2022
0.30%
28 Feb 2022 - 31 Mar 2022
0.31%
28 Feb 2022 - 28 Feb 2022
0.31%
31 Jan 2022 - 28 Feb 2022
0.30%
31 Dec 2021 - 31 Jan 2022
0.30%
30 Nov 2021 - 31 Dec 2021
0.30%
31 Oct 2021 - 30 Nov 2021
0.30%
30 Sep 2021 - 31 Oct 2021
0.30%
31 Aug 2021 - 30 Sep 2021
0.29%
31 Jul 2021 - 31 Aug 2021
0.29%
30 Jun 2021 - 31 Jul 2021
0.29%
31 May 2021 - 30 Jun 2021
0.29%
30 Apr 2021 - 31 May 2021
0.29%
31 Mar 2021 - 30 Apr 2021
0.32%
28 Feb 2021 - 31 Mar 2021
0.29%
31 Jan 2021 - 28 Feb 2021
0.29%
31 Dec 2020 - 31 Jan 2021
0.31%
30 Nov 2020 - 31 Dec 2020
0.31%
31 Oct 2020 - 30 Nov 2020
0.29%
30 Sep 2020 - 31 Oct 2020
0.29%
31 Aug 2020 - 30 Sep 2020
0.29%
31 Jul 2020 - 31 Aug 2020
0.29%
30 Jun 2020 - 31 Jul 2020
0.29%
31 May 2020 - 30 Jun 2020
0.29%
30 Apr 2020 - 31 May 2020
0.29%
31 Mar 2020 - 30 Apr 2020
0.27%
29 Feb 2020 - 31 Mar 2020
0.28%
31 Jan 2020 - 29 Feb 2020
0.29%
31 Dec 2019 - 31 Jan 2020
0.29%
30 Nov 2019 - 31 Dec 2019
0.29%
31 Oct 2019 - 30 Nov 2019
0.29%
30 Sep 2019 - 31 Oct 2019
0.30%
31 Aug 2019 - 30 Sep 2019
0.30%
31 Jul 2019 - 31 Aug 2019
0.30%
30 Jun 2019 - 31 Jul 2019
0.30%
31 May 2019 - 30 Jun 2019
0.29%
30 Apr 2019 - 31 May 2019
0.28%
31 Mar 2019 - 30 Apr 2019
0.29%
28 Feb 2019 - 31 Mar 2019
0.29%
Expense ratio, exit load and taxExpense ratio: 0.30%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementAnil Ghelani
Jul 2019 - Present
View details
Education
Mr. Ghelani has done B. Com., CFA & CA
Experience
Prior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.
Also manages these schemes
DSP Nifty 50 Equal Weight Index Fund Regular Growth
DSP Nifty 50 Equal Weight Index Fund Regular IDCW
DSP Nifty 50 Equal Weight Index Fund Direct Growth
DSP Nifty 50 Equal Weight Index Fund Direct IDCW
DSP NIFTY 1D Rate Liquid ETF IDCW Daily
DSP Nifty 50 Index Fund Direct Growth
DSP Nifty 50 Index Fund Direct IDCW
DSP Nifty 50 Index Fund Regular IDCW
DSP Nifty 50 Index Fund Regular Growth
DSP Nifty Next 50 Index Fund Regular Growth
DSP Nifty Next 50 Index Fund Direct Growth
DSP Nifty Next 50 Index Fund Direct IDCW
DSP Nifty Next 50 Index Fund Regular IDCW
DSP Quant Fund Regular Growth
DSP Quant Fund Direct IDCW
DSP Quant Fund Regular IDCW
DSP Quant Fund Direct Growth
DSP NIFTY 50 Equal Weight ETF Growth
DSP Nifty 50 ETF Growth
DSP Nifty Midcap 150 Quality 50 ETF Growth
DSP Nifty Midcap 150 Quality 50 Index Fund Regular Growth
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth
DSP Nifty Midcap 150 Quality 50 Index Fund Direct IDCW
DSP Nifty Midcap 150 Quality 50 Index Fund Regular IDCW
Diipesh Shah
Nov 2020 - Present
View details
Education
Mr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I Cleared
Experience
Prior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.
Also manages these schemes
DSP Nifty 50 Equal Weight Index Fund Regular Growth
DSP Nifty 50 Equal Weight Index Fund Regular IDCW
DSP Nifty 50 Equal Weight Index Fund Direct Growth
DSP Nifty 50 Equal Weight Index Fund Direct IDCW
DSP NIFTY 1D Rate Liquid ETF IDCW Daily
DSP Nifty 50 Index Fund Direct Growth
DSP Nifty 50 Index Fund Direct IDCW
DSP Nifty 50 Index Fund Regular IDCW
DSP Nifty 50 Index Fund Regular Growth
DSP Nifty Next 50 Index Fund Regular Growth
DSP Nifty Next 50 Index Fund Direct Growth
DSP Nifty Next 50 Index Fund Direct IDCW
DSP Nifty Next 50 Index Fund Regular IDCW
DSP Quant Fund Regular Growth
DSP Quant Fund Direct IDCW
DSP Quant Fund Regular IDCW
DSP Quant Fund Direct Growth
DSP NIFTY 50 Equal Weight ETF Growth
DSP Nifty 50 ETF Growth
DSP Nifty Midcap 150 Quality 50 ETF Growth
DSP Nifty Midcap 150 Quality 50 Index Fund Regular Growth
DSP Nifty Midcap 150 Quality 50 Index Fund Direct Growth
DSP Nifty Midcap 150 Quality 50 Index Fund Direct IDCW
DSP Nifty Midcap 150 Quality 50 Index Fund Regular IDCW
Fund house & investment objective
DSP Mutual Fund
Rank (total assets)#10 in India
Total AUM₹1,09,016.55Cr
Date of Incorporation16 Dec 1996
 DSP Nifty Next 50 Index Fund Direct Growth is a Other Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. 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 ₹1,09,017 Cr and the Latest NAV as of 27 Jan 2023 is ₹15.30.
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 ObjectiveThe 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.
;
Fund benchmarkNIFTY Next 50 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway,Andheri East Mumbai 400069
Phone
022-66178000
Launch Date
16 Dec 1996
E-mail
NA
Website
NA
DSP Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
DSP Nifty Next 50 Index Fund Direct Growth
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	-1.9%	10.9%	11.4%
Category average	NA	2.2%	13.2%	NA
Rank with in category	NA	68	53	NA

Name	Sector	Instrument	Assets
Adani Total Gas Ltd.	Energy	Equity	3.8%
LTIMindtree Ltd.	Technology	Equity	3.5%
Pidilite Industries Ltd.	Chemicals	Equity	3.4%
Ambuja Cements Ltd.	Construction	Equity	3.3%
Bharat Electronics Ltd.	Capital Goods	Equity	3.1%
Tata Power Company Ltd.	Energy	Equity	3.0%
Bank Of Baroda	Financial	Equity	3.0%
Vedanta Ltd.	Metals & Mining	Equity	3.0%
SRF Ltd.	Diversified	Equity	2.9%
Godrej Consumer Products Ltd.	Consumer Staples	Equity	2.9%

Rank (total assets)	#10 in India
Total AUM	₹1,09,016.55Cr

Date of Incorporation	16 Dec 1996

Fund benchmark	NIFTY Next 50 Total Return Index

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Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	3
Fund size	₹244.48Cr

DSP Nifty Next 50 Index Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (50)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.30%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Anil GhelaniJul 2019 - PresentView details

Diipesh ShahNov 2020 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Anil Ghelani
Jul 2019 - Present
View details

Diipesh Shah
Nov 2020 - Present
View details