DSP BFSI Next Index Fund Direct Growth

DSP BFSI Next Index Fund Direct Growth

Equity

Direct

Index Funds

NAV as on 01-01-0001

₹ 1025.43

About DSP BFSI Next Index Fund Direct Growth

DSP BFSI Next Index Fund Direct Growth is an equity fund. This fund was started on 6 November, 2018. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP BFSI Next Index Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.

Returns

DSP BFSI Next Index Fund Direct Growth has given a CAGR return of 0.00% since inception.

Holdings

DSP BFSI Next Index Fund Direct Growth has allocated its funds majorly in . Its top holdings are

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 BFSI Next Index Fund Direct Growth

To invest in companies which are constituents of S&P BSE Diversified Financials Revenue Growth Index (underlying Index) in the same proportion as in the index and endeavor to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. DSP BFSI Next Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
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DSP BFSI Next Index Fund Direct Growth Overview

Expense ratio--
Benchmark
S&P BSE Divers Fincls Rev Gr TR INR
AUM₹0 Cr
Inception Date6 November, 2018
Min Lumpsum/SIP--/--
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderately High risk
All changes are between Oct'69 and Dec'69

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
DSP BFSI Next Index Fund Direct Growth
DSP BFSI Next Index Fund Direct Growth
-
-
-
-
Kotak Nifty Next 50 Index Fund Direct Growth
Kotak Nifty Next 50 Index Fund Direct Growth
46.35%
17.41%
-
20.06%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth
28.76%
20.44%
28.84%
28.77%
SBI Nifty Index Fund Direct Growth
SBI Nifty Index Fund Direct Growth
19.1%
10.59%
15.16%
12.87%
See all
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Fund House
DSP Asset Managers Private Limited
Total Schemes
46
See all DSP schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com

Frequently Asked Questions for DSP BFSI Next Index Fund Direct Growth

The current NAV of DSP BFSI Next Index Fund Direct Growth is ₹1025.43 as on 01-Jan-0001.
Existing (Absolute + CAGR) as on 01-Jan-0001.
DSP BFSI Next Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0%
0%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
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.
The alpha ratio for the DSP BFSI Next Index Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP BFSI Next Index Fund Direct Growth
-
-
-
As on October 2024
The alpha for DSP BFSI Next Index Fund Direct Growth is calculated against S&P BSE Divers Fincls Rev Gr 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 BFSI Next Index Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP BFSI Next Index Fund Direct Growth
-
-
-
As on October 2024
The Beta for DSP BFSI Next Index Fund Direct Growth is calculated with S&P BSE Divers Fincls Rev Gr 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 BFSI Next 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 BFSI Next Index Fund Direct Growth
-
-
-
As on October 2024
The sharpe ratio for DSP BFSI Next Index Fund Direct Growth is calculated with S&P BSE Divers Fincls Rev Gr 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 BFSI Next 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 BFSI Next Index Fund Direct Growth
-
-
-
As on October 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.
The Exit load of DSP BFSI Next Index Fund Direct Growth is 1%