DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option

Equity
Direct
Index Funds
DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option

About the Fund

DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option is an equity fund. This fund was started on 21 February, 2019. The fund is managed by Anil Ghelani, Diipesh Shah. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option has ₹528 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option has given a CAGR return of 15.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.01%, 13.06% and 14.36% respectively.

Holdings

DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Tech, Consumer Cyclical, Consumer Defensive, Basic Materials, Industrial, Health, Communication, Utilities. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option

The investment objective of the Scheme is to generate returns that are commensurate with the performance of the NIFTY 50 Index, subject to tracking error. However, there is no assurance that the objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
10 people have invested ₹ 42K in DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option in the last three months

Fund Overview

Expense ratio0.18%
Benchmark
IISL Nifty 50 TR INR
AUM₹528 Cr
Inception Date21 February, 2019
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
12.57%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.7%

  • Debt & Cash 0.3%

Large cap
99%

Mid cap
0.7%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
34.1%
Energy
13.4%
Tech
12.1%
Consumer Cyclical
9.4%
Consumer Defensive
8%
Basic Materials
6.6%
Industrial
5.4%
Health
4.2%
Communication
3.6%
Utilities
3.1%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Anil Ghelani
Anil Ghelani
Fund Manager of DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option, since 24 July 2019
Diipesh Shah
Diipesh Shah
Fund Manager of DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option, since 1 November 2020

DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.48% since inception which is less than its category average return of 22.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.69% in Equity, 0% in Debt and 0.31% in Cash related instruments
AUM size ₹528 Cr

AUM size ₹528 Cr

This fund has AUM of ₹528 Cr which is less than its category average of ₹ 752 Cr
Expense Ratio 0.18%

Expense Ratio 0.18%

This fund has an expense ratio of 0.18% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option is ₹20.47 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
5.9%
5.9%
6 Month Returns
5.76%
5.76%
1 Year Returns
20.01%
20.01%
3 Years Returns
44.54%
13.06%
5 Years Returns
95.61%
14.36%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.18% as on May 2024
₹528 Cr as on May 2024
HDFC Bank Ltd(11.57%), Reliance Industries Ltd(9.72%), ICICI Bank Ltd(7.9%), Infosys Ltd(5.04%), Larsen & Toubro Ltd(4.36%) as on May 2024
Financial Services(34.01%), Energy(13.38%), Tech(12.02%) as on May 2024
The alpha ratio for the DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option
-5.62
-2.06
-1.44
As on May 2024
The alpha for DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option is calculated against IISL Nifty 50 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option
1.02
1
0.99
As on May 2024
The Beta for DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option is calculated with IISL Nifty 50 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option
0.78
0.53
0.49
As on May 2024
The sharpe ratio for DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option is calculated with IISL Nifty 50 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option
11.92
12.83
18.58
As on May 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.93 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anil Ghelani, Diipesh Shah are the fund managers of DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option
The Exit load of DSP Nifty 50 Index Fund Direct Payout of Income Distribution cum capital withdrawal option is 0%