DSP Nifty Next 50 Index Fund Regular Growth
Equity
regular
Index Funds
NAV: ₹ 25.86 as on 17-05-2024
About the Fund
DSP Nifty Next 50 Index Fund Regular Growth 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 Regular Growth has ₹520 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.8.
Fund Performance
Overview
 | 0.79% |
 Benchmark | IISL Nifty Next 50 TR INR |
 | ₹520 Cr |
 | 21 February, 2019 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 39.78% |
DSP Nifty Next 50 Index Fund Regular Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
87.3%
Mid cap
12.5%
Sector Allocation
Financial Services
23.8%
Industrial
19.3%
Basic Materials
13.2%
Consumer Cyclical
12.1%
Consumer Defensive
11.1%
Utilities
9.5%
Energy
3.2%
Real Estate
3%
Health
2.5%
Communication
2.4%
Top Holdings of DSP Nifty Next 50 Index Fund Regular Growth as on (30-Apr-24)
Equity Holdings50
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Hindustan Aeronautics Ltd | 25.2% |
 Trent Ltd | 12.5% |
 Vedanta Ltd | 11.5% |
Top Losers | 1M Return |
|---|---|
 DLF Ltd | -1.7% |
 Shree Cement Ltd | 5.2% |
 TVS Motor Company Ltd | 9.7% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 6.99% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at 0.64% as on Apr'24
- This fund outperformed Nifty Next 50 by 6.35% in Apr'24
AUM Change
- AUM of the fund stands at 520 Cr as of Apr'24
- AUM increased by 51.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 5 years, UTI Nifty Next 50 Index Fund Direct Growth has given 21.3% return, outperforming this fund by 0.62% per annum.
In the last 1 year, DSP Nifty Next 50 Index Fund Direct Growth has given 64.93% return, outperforming this fund by 0.56%.
Over the last 6 months, this fund has experienced a 75.2% growth in AUM moving from 296.89 Cr to 520.02 Cr.
In the last 3 years, Kotak Nifty Next 50 Index Fund Direct Growth has given 23.53% return, outperforming this fund by 0.48% per annum.
Peer Analysis
Fund Manager
Diipesh Shah
Fund Manager of DSP Nifty Next 50 Index Fund Regular Growth, since 1 November 2020
Top funds managed
Anil Ghelani
Fund Manager of DSP Nifty Next 50 Index Fund Regular Growth, since 24 July 2019
Top funds managed
DSP Nifty Next 50 Index Fund Regular Growth 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 19.92% since inception which is more than its category average return of 19.71%
Fund Allocations
This fund has an allocation of 99.83% in Equity, 0% in Debt and 0.17% in Cash related instruments
AUM size ₹520 Cr
This fund has AUM of ₹520 Cr which is less than its category average of ₹ 723 Cr
Expense Ratio 0.79%
This fund has an expense ratio of 0.79% which is more than its category average expense ratio of 0.54%
Frequently Asked Questions
The current NAV of DSP Nifty Next 50 Index Fund Regular Growth is ₹25.86 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
DSP Nifty Next 50 Index Fund Regular Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 8.08% | 8.08% |
6 Month Returns | 42.91% | 42.91% |
1 Year Returns | 64.37% | 64.37% |
3 Years Returns | 86.32% | 23.05% |
5 Years Returns | 156.03% | 20.69% |
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.
0.79% as on April 2024
₹520 Cr as on April 2024
Trent Ltd(5%), Bharat Electronics Ltd(4.3%), Tata Power Co Ltd(3.91%), Hindustan Aeronautics Ltd Ordinary Shares(3.79%), Power Finance Corp Ltd(3.3%) as on April 2024
Financial Services(23.74%), Industrial(19.24%), Basic Materials(13.15%) as on April 2024
The alpha ratio for the DSP Nifty Next 50 Index Fund Regular Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Nifty Next 50 Index Fund Regular Growth | -0.58 | -0.59 | -0.79 |
As on April 2024
The alpha for DSP Nifty Next 50 Index Fund Regular 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 Regular Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Nifty Next 50 Index Fund Regular Growth | 1 | 1 | 0.99 |
As on April 2024
The Beta for DSP Nifty Next 50 Index Fund Regular 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 Regular 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 Regular Growth | 3.19 | 1.01 | 0.72 |
As on April 2024
The sharpe ratio for DSP Nifty Next 50 Index Fund Regular 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 Regular 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 Regular Growth | 14.01 | 17.14 | 19.27 |
As on April 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 1.82 as on April 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 Regular Growth
The Exit load of DSP Nifty Next 50 Index Fund Regular Growth is 0%