DSP BSE SENSEX Next 30 Index Fund Direct Growth

DSP BSE SENSEX Next 30 Index Fund Direct Growth is an equity fund. This fund was started on 30 January, 2025. The fund is managed by Anil Ghelani, Diipesh Shah. The fund could potentially beat inflation in the long-run.

1. DSP BSE SENSEX Next 30 Index Fund Direct Growth has ₹10 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

DSP BSE SENSEX Next 30 Index Fund Direct Growth has given a CAGR return of 11.48% since inception.

DSP BSE SENSEX Next 30 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Health, Basic Materials, Consumer Defensive, Energy, Consumer Cyclical, Industrial, Tech, Utilities. Its top holdings are InterGlobe Aviation Ltd, Grasim Industries Ltd, Jio Financial Services Ltd, Hindalco Industries Ltd, Shriram Finance Ltd

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.

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the BSE SENSEX Next 30 Index, subject to tracking error. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP BSE SENSEX Next 30 Index Fund Direct Growth has no lock in period.