DSP BFSI Next Index Fund Direct Growth

DSP BFSI Next Index Fund Direct Growth

Get the latest NAV of DSP BFSI Next Index Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1025.43

NAV as on 01 Jan 0001

Absolute Gain%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
DSP BFSI Next Index Fund
-
0Cr
0%
-
-
-
UTI Nifty 50 Index Fund Direct Growth
3/17
22,521Cr
0.17%
11.96%
17.11%
13.14%
ICICI Prudential Nifty 50 Index Fund Direct Growth
4/17
13,169Cr
0.19%
11.89%
17.06%
13.2%
HDFC Nifty 50 Index Fund Direct Growth
6/17
19,877Cr
0.2%
11.89%
17.08%
13.19%

DSP BFSI Next Index Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit


Total Corpus

0

Absolute Return

DSP BFSI Next Index Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio--
Benchmark
S&P BSE Divers Fincls Rev Gr TR INR
AUM₹0 Cr
Inception Date6 November, 2018
Min Lumpsum/SIP--/--
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderately High risk

About DSP BFSI Next Index Fund

DSP BFSI Next Index Fund Direct Growth is an equity fund. This fund was started on 6 November, 2018. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP BFSI Next Index Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.

Returns

DSP BFSI Next Index Fund Direct Growth has given a CAGR return of 0.00% since inception.

Holdings

DSP BFSI Next Index Fund Direct Growth has allocated its funds majorly in . Its top holdings are

Taxation

As it is a index funds mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of DSP BFSI Next Index Fund Direct Growth

To invest in companies which are constituents of S&P BSE Diversified Financials Revenue Growth Index (underlying Index) in the same proportion as in the index and endeavor to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. DSP BFSI Next Index Fund Direct Growth has no lock in period.

Learn more about DSP Mutual Fund

Frequently Asked Questions for DSP BFSI Next Index Fund Direct Growth

How do I invest in DSP BFSI Next Index Fund?

INDmoney makes it simple to invest in the DSP BFSI Next Index Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘DSP BFSI Next Index Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of DSP BFSI Next Index Fund?

The NAV of the fund today is ₹1025.43. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

Who is the fund manager of DSP BFSI Next Index Fund?

The fund managers are .

What is the exit load of the fund?

The exit load is 1% if redeemed in 0-12 Months. Exit load is a fee levied for ‘exiting’ the fund earlier than a stipulated period, usually 1 year.

What is the expense ratio of the fund?

The expense ratio is 0.00%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹0 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.