DSP Nifty Next 50 Index Fund Direct Growth
DSP Nifty Next 50 Index Fund Direct Growth

DSP Nifty Next 50 Index Fund Direct Growth

Equity
Direct
Index Funds

NAV: ₹ 15.2 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
751 people have invested ₹ 25.4L in mutual fund in the last three months

Fund Insights

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In the last 1 year, Kotak Nifty Next 50 Index Fund Direct Growth has given -4.98% return, outperforming this fund by 0.45%

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In the last 3 years, UTI Nifty Next 50 Index Fund Direct Growth has given 10.81% return, outperforming this fund by 0.26% per annum

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This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.3% which is lower than the category average expense ratio of 0.53%

INDmoney Rank

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3
/8
43% Performance
100% Cost
3 out of 8 among Index-Nifty-Next-50
Pros
3Y returns in the top 25% of the category
Cons
Higher tracking error
About the Fund

DSP Nifty Next 50 Index Fund Direct Growth 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 Next 50 Index Fund Direct Growth has a NAV of 15.1915 as on 08-02-2023.

2) DSP Nifty Next 50 Index Fund Direct Growth has 235 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.3 %.

Fund Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
IISL Nifty Next 50 TR INR
AUM
AUM
₹235 Cr
Inception Date
Inception Date
21 February, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
42.99%

Fund Distribution as on (31-Dec-22)

  • Equity 100%
  • Debt & Cash 0%
Size breakup
Large cap
89%
Mid cap
11%

Sector Allocation

Dec'22

Nov'22

Oct'22

Basic Materials

20.5%

Financial Services

17.3%

Consumer Defensive

14.6%

Utilities

14.3%

Industrial

13%

Tech

5.1%

Consumer Cyclical

4%

Communication

4%

Health

2.6%

Energy

2.5%

Real Estate

2%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings50
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 1.6 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 244.5 Cr
Nov'22
₹ 246.1 Cr
Oct'22
₹ 233.6 Cr

Fund Returns vs Benchmark

Jan'23
0.59%
6.66%
Dec'22
2.52%
3.38%
Nov'22
0.59%
6.66%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
51
51
51
Top 5 Company Concentration
17%
17.2%
17.2%
Company having highest exposure
Adani Total Gas Ltd (3.8%)
Ambuja Cements Ltd (3.7%)
Pidilite Industries Ltd (3.5%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
79.7%
81.2%
81.7%
Sector having highest exposure
Basic Materials (20.5%)
Basic Materials (21.8%)
Basic Materials (21.3%)

Fund Manager

Anil Ghelani

Anil Ghelani

Fund Manager of DSP Nifty Next 50 Index Fund Direct Growth, since 24 July 2019
Diipesh Shah

Diipesh Shah

Fund Manager of DSP Nifty Next 50 Index Fund Direct Growth, since 1 November 2020

AMC details

Fund House
DSP Investment Managers Private Limited
Total Schemes
Total AUM
₹1.15L Cr
as on 31-Dec-2022
Address
Tulsiani Chambers,,West Wing, 11th Floor,,Nariman Point
Phone
91-22-66578000
Email
service@dspblackrock.com

Fund 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 11.14% since inception which is more than its category average return of 6.48%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.96% in Equity, 0% in Debt and 0.04% in Cash related instruments
AUM size ₹235 Cr

AUM size ₹235 Cr

This fund has AUM of ₹235 Cr which is less than its category average of ₹ 477 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions

The current NAV of DSP Nifty Next 50 Index Fund Direct Growth is 15.06 as on 07-Feb-2023.
Existing (Absolute + CAGR)
DSP Nifty Next 50 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-7.68%
-7.68%
6 Month Returns
-7.31%
-7.31%
1 Year Returns
-6.7%
-6.7%
3 Years Returns
33.91%
10.22%
5 Years Returns
0%
0%
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.
0.3 as on January 2023
244 Cr as on January 2023
Adani Total Gas Ltd(3.82%),LTIMindtree Ltd(3.46%),Pidilite Industries Ltd(3.36%),Ambuja Cements Ltd(3.32%),Bharat Electronics Ltd(3.09%) as on January 2023
Basic Materials(20.5%),Financial Services(17.3%),Consumer Defensive(14.6%) as on January 2023
The alpha ratio for the DSP Nifty Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Nifty Next 50 Index Fund Direct Growth
-0.27
-0.62
-
As on January 2023
The alpha for DSP Nifty Next 50 Index Fund Direct Growth is calculated against IISL Nifty Next 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 Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Nifty Next 50 Index Fund Direct Growth
1
0.99
-
As on January 2023
The Beta for DSP Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 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 Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Nifty Next 50 Index Fund Direct Growth
-0.33
0.42
-
As on January 2023
The sharpe ratio for DSP Nifty Next 50 Index Fund Direct Growth is calculated with IISL Nifty Next 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 Next 50 Index Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Nifty Next 50 Index Fund Direct Growth
21.15
22.06
-
As on January 2023
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 0.61 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anil Ghelani,Diipesh Shah are the fund managers of DSP Nifty Next 50 Index Fund Direct Growth
The Exit load of DSP Nifty Next 50 Index Fund Direct Growth is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.