DSP Nifty 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 21.59 as on 16-05-2024
About the Fund
DSP Nifty 50 Index Fund Direct 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 50 Index Fund Direct 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 0.2.
Fund Performance
2449 people have invested ₹ 1.1Cr in DSP Nifty 50 Index Fund Direct Growth in the last three months
Overview
 | 0.18% |
 Benchmark | IISL Nifty 50 TR INR |
 | ₹520 Cr |
 | 21 February, 2019 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 12.57% |
DSP Nifty 50 Index Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
99.2%
Mid cap
0.7%
Sector Allocation
Financial Services
34.3%
Energy
13.5%
Tech
12.3%
Consumer Cyclical
9.3%
Consumer Defensive
8%
Basic Materials
6.5%
Industrial
5.2%
Health
4.2%
Communication
3.5%
Utilities
3.1%
Top Holdings of DSP Nifty 50 Index Fund Direct Growth as on (30-Apr-24)
Equity Holdings50
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 6.1% |
 ICICI Bank Ltd | 3.9% |
Top Losers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | -8.4% |
 Larsen & Toubro Ltd | -6.2% |
 Infosys Ltd | -3% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 1.23% whereas the fund’s underlying benchmark Nifty 50 returns stands at 0.64% as on Apr'24
- This fund outperformed Nifty 50 by 0.59% in Apr'24
AUM Change
- AUM of the fund stands at 520.3 Cr as of Apr'24
- AUM increased by 14.9 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, Motilal Oswal S&P BSE Enhanced Value Index Fund Direct Growth has given 92.47% return, outperforming this fund by 69.88%.
In the last 3 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 20.1% return, outperforming this fund by 4.19% per annum.
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.18% which is lower than the category average expense ratio of 0.32%.
Over the last 3 months, this fund has decreased expense ratio by 18.2% moving from 0.22 to 0.18.
In the last 5 years, DSP Nifty 50 Equal Weight Index Fund Direct Growth has given 18.77% return, outperforming this fund by 3.23% per annum.
Over the last 6 months, this fund has experienced a 28.5% growth in AUM moving from 404.81 Cr to 520.26 Cr.
INDmoney Rank
Powered by IND quant engine
10
/16
60% Performance
19% Cost
10 out of 16 among Index-Nifty-50
Pros
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Diipesh Shah
Fund Manager of DSP Nifty 50 Index Fund Direct Growth, since 1 November 2020
Top funds managed
Anil Ghelani
Fund Manager of DSP Nifty 50 Index Fund Direct Growth, since 24 July 2019
Top funds managed
DSP Nifty 50 Index Fund Direct 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 15.69% since inception which is less than its category average return of 18.23%
Fund Allocations
This fund has an allocation of 99.9% in Equity, 0% in Debt and 0.1% 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 0.18%
This fund has an expense ratio of 0.18% which is less than its category average expense ratio of 0.5%
Frequently Asked Questions
The current NAV of DSP Nifty 50 Index Fund Direct Growth is ₹21.59 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
DSP Nifty 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.19% | -1.19% |
6 Month Returns | 14.56% | 14.56% |
1 Year Returns | 22.58% | 22.58% |
3 Years Returns | 55.75% | 15.91% |
5 Years Returns | 105.9% | 15.54% |
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 April 2024
₹520 Cr as on April 2024
HDFC Bank Ltd(11.47%), Reliance Industries Ltd(9.95%), ICICI Bank Ltd(8.1%), Infosys Ltd(5.09%), Larsen & Toubro Ltd(4.26%) as on April 2024
Financial Services(34.26%), Energy(13.49%), Tech(12.31%) as on April 2024
The alpha ratio for the DSP Nifty 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Nifty 50 Index Fund Direct Growth | -0.22 | -0.25 | -0.35 |
As on April 2024
The alpha for DSP Nifty 50 Index Fund Direct Growth 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 Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Nifty 50 Index Fund Direct Growth | 1 | 1 | 0.99 |
As on April 2024
The Beta for DSP Nifty 50 Index Fund Direct Growth 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 Growth 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 Growth | 1.65 | 0.85 | 0.57 |
As on April 2024
The sharpe ratio for DSP Nifty 50 Index Fund Direct Growth 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 Growth 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 Growth | 10.39 | 12.85 | 18.42 |
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 1.6 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 50 Index Fund Direct Growth
The Exit load of DSP Nifty 50 Index Fund Direct Growth is 0%