Fund Details
DSP Nifty Next 50 Index Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.59% |
| NAV | ₹14.80 (21 Jun 2021) |
|---|---|
| Fund Started | 20 Feb 2019 |
| Fund Size | ₹111 Cr |
Returns
Comparison
1. Lower expense ratio - 0.59%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Adani Green Energy Ltd. | Engineering | Equity | 3.6% |
| Avenue Supermarts Ltd. | Services | Equity | 3.3% |
| Adani Enterprises Ltd. | Services | Equity | 3.3% |
| Vedanta Ltd. | Metals | Equity | 3.2% |
| Info Edge (India) Ltd. | Services | Equity | 3.1% |
| Godrej Consumer Products Ltd. | FMCG | Equity | 3.0% |
| ICICI Lombard General Insurance Company Ltd. | Financial | Equity | 3.0% |
| Adani Transmission Ltd. | Engineering | Equity | 2.9% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 2.9% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.9% |
Fund Managers
DSP Nifty Next 50 Index Fund Regular Growth Details
DSP Nifty Next 50 Index Fund Regular Growth is a Other Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 20 Feb 2019. Anil Ghelani is the Current Fund Manager of DSP Nifty Next 50 Index Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹111 Cr and the Latest NAV as of 21 Jun 2021 is ₹14.80.
The DSP Nifty Next 50 Index 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 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.
