DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt
Equity
Direct
Index Funds
NAV: ₹ 22.05 as on 12-04-2024
Fund Performance
23 people have invested ₹ 46.4K in DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt in the last three months
About the DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt
DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt is an equity fund. This fund was started on 21 February, 2019. The fund is managed by Diipesh Shah, Anil Ghelani. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt has ₹468 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.3.
DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt Overview
 | 0.3% |
 Benchmark | IISL Nifty Next 50 TR INR |
 | ₹468 Cr |
 | 21 February, 2019 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 39.78% |
DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt Distribution as on (31-Mar-24)
Size breakup
Large cap
87.4%
Mid cap
12.4%
Sector Allocation
Financial Services
23.8%
Industrial
18.4%
Basic Materials
13.1%
Consumer Cyclical
12.2%
Consumer Defensive
11.7%
Utilities
9.2%
Energy
3.4%
Real Estate
3.2%
Health
2.7%
Communication
2.4%
Top Holdings of DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt as on (31-Mar-24)
Equity Holdings50
DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 2.72% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at -0.05% as on Mar'24
- This fund outperformed Nifty Next 50 by 2.78% in Mar'24
AUM Change
- AUM of the fund stands at 468.3 Cr as of Mar'24
- AUM increased by 33.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 ABB India Ltd | 20.7% |
 Siemens Ltd | 19.9% |
 Interglobe Aviation Ltd | 18.7% |
Peer Analysis
DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt Fund Manager
Diipesh Shah
Fund Manager of DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt, since 1 November 2020
Top funds managed
Anil Ghelani
Fund Manager of DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt, since 24 July 2019
Top funds managed
DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 18.07% since inception which is less than its category average return of 20.09%
Fund Allocations
This fund has an allocation of 99.76% in Equity, 0% in Debt and 0.24% in Cash related instruments
AUM size ₹468 Cr
This fund has AUM of ₹468 Cr which is less than its category average of ₹ 683 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.5%
Frequently Asked Questions
The current NAV of DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt is ₹22.05 as on 12-Apr-2024.
Existing (Absolute + CAGR) as on 12-Apr-2024.
DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt | Absolute Returns | CAGR Returns |
1 Month Returns | 6.14% | 6.14% |
6 Month Returns | 32.52% | 32.52% |
1 Year Returns | 56.25% | 56.25% |
3 Years Returns | 80.51% | 21.76% |
5 Years Returns | 115.56% | 16.6% |
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 March 2024
₹468 Cr as on March 2024
Trent Ltd(4.78%), Bharat Electronics Ltd(3.97%), Tata Power Co Ltd(3.67%), Hindustan Aeronautics Ltd Ordinary Shares(3.43%), Indian Oil Corp Ltd(3.39%) as on March 2024
Financial Services(23.7%), Industrial(18.31%), Basic Materials(13.06%) as on March 2024
The alpha ratio for the DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt | -1.95 | -1.6 | -1.39 |
As on March 2024
The alpha for DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt 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 Payout of Income Distribution cum capital Wdrl Opt for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt | 0.92 | 0.97 | 0.98 |
As on March 2024
The Beta for DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt 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 Payout of Income Distribution cum capital Wdrl Opt 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 Payout of Income Distribution cum capital Wdrl Opt | 2.76 | 0.85 | 0.6 |
As on March 2024
The sharpe ratio for DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt 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 Payout of Income Distribution cum capital Wdrl Opt 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 Payout of Income Distribution cum capital Wdrl Opt | 13.59 | 16.64 | 19.04 |
As on March 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 1.49 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Diipesh Shah, Anil Ghelani are the fund managers of DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt
The Exit load of DSP Nifty Next 50 Index Fund Direct Payout of Income Distribution cum capital Wdrl Opt is 0%