DSP Nifty Next 50 Index Fund Direct Growth
NAV as on 23-04-2025
₹ 25.91
▲0.7%
1D
Inception Returns
16.7%
/yr
Historical NAV & Returns
Absolute
▲
▼
36115 people have invested ₹ 4.5Cr in DSP Nifty Next 50 Index Fund Direct Growth in the last three months
About DSP Nifty Next 50 Index Fund Direct Growth
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
- DSP Nifty Next 50 Index Fund Direct Growth has ₹899 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
- The fund has an expense ratio 0.3.
Returns
DSP Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 16.70% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.37%, 15.83% and 23.47% respectively.
Holdings
DSP Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Utilities, Basic Materials, Consumer Cyclical, Health, Energy, Real Estate, Communication, Tech. Its top holdings are InterGlobe Aviation Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Vedanta Ltd, Divi's Laboratories Ltd, Varun Beverages Ltd
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of DSP Nifty Next 50 Index Fund Direct Growth
To invest in companies which are constituents of NIFTY Next 50 Index (underlying Index) in the same proportion as in the index and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error. However, there is no assurance that the objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Nifty Next 50 Index Fund Direct Growth has no lock in period.
DSP Nifty Next 50 Index Fund Direct Growth Overview
| Expense ratio | 0.26% |
Benchmark | Nifty Next 50 TR INR |
| AUM | ₹899 Cr |
| Inception Date | 21 February, 2019 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 39.78% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for DSP Nifty Next 50 Index Fund Direct Growth
Powered by IND quant engine
8
/12
46% Performance
40% Cost
8 out of 12 among Index-Nifty-Next-50
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Fund Distribution
as on (31-Mar-25)
Large cap
89.9%
Mid cap
9.8%
Sector Allocation
Financial Services
20.6%
Industrial
15.2%
Consumer Defensive
14.4%
Utilities
11%
Basic Materials
10.6%
Consumer Cyclical
9.9%
Health
5.9%
Energy
4.6%
Real Estate
3.5%
Communication
2.5%
Tech
1.9%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 10.49% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at 6.33% as on Mar'25
- This fund outperformed Nifty Next 50 by 4.16% in Mar'25
- AUM of the fund stands at 899.2 Cr as of Mar'25
- AUM increased by 39.7 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Varun Beverages Ltd's allocation increased from 1.02% to 3.27%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.85% to 3.59%
Godrej Consumer Products Ltd's allocation increased from 1.84% to 2.51%
Top Stocks sold last month
Divi's Laboratories Ltd's allocation decreased from 3.38 % to 3.31 %
Info Edge (India) Ltd's allocation decreased from 2.65 % to 2.52 %
Pidilite Industries Ltd's allocation decreased from 1.98 % to 1.98 %
Large Cap allocation has gone up from 88.6% to 89.9%
Mid Cap allocation has gone down from 11.5% to 9.8%
Cash allocation has gone up from -0% to 0.3%
Top 3 Sectors in March were Financial Services, Industrial & Utilities
Mar'25
Financial Services
21%
Industrial
15%
Consumer Defensive
14%
Feb'25
Financial Services
24%
Industrial
15%
Utilities
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 InterGlobe Aviation Ltd | 4.54% | 3.7% | |
 Hindustan Aeronautics Ltd Ordinary Shares | 3.59% | 3.8% | |
 Vedanta Ltd | 3.55% | 3.8% | |
 Divi's Laboratories Ltd | 3.31% | 3.7% | |
 Varun Beverages Ltd | 3.27% | 3.9% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
DSP Nifty Next 50 Index Fund Direct Growth | 5.37% | 15.83% | 23.47% | 16.7% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 16.16% | 16.09% | 22.44% | 13.49% |
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | 10.22% | 21.78% | 32.82% | 25.84% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 9.84% | 13.38% | 22.28% | 13.07% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 11.3% |
 Hindustan Aeronautics Ltd | 3.8% |
 Varun Beverages Ltd | 3.5% |
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Anil Ghelani
Fund Manager of DSP Nifty Next 50 Index Fund Direct Growth, since 24 July 2019
Top funds managed
Diipesh Shah
Fund Manager of DSP Nifty Next 50 Index Fund Direct Growth, since 1 November 2020
Top funds managed
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com
Mutual Fund Insights
In the last 3 years, Axis Nifty Midcap 50 Index Fund Direct Growth has given 23.41% return, outperforming this fund by 7.59% per annum.
This fund has one of the lowest expense ratio in the category (index funds). Its expense ratio is 0.26% which is lower than the category average expense ratio of 0.43%.
In the last 1 year, Navi Nifty Bank Index Fund Direct Growth has given 16.21% return, outperforming this fund by 10.84%.
Over the last 1 year, this fund has decreased expense ratio by 13.3% moving from 0.30 to 0.26.
Over the last 6 months, this fund has experienced a 6.5% growth in AUM moving from 844.26 Cr to 899.17 Cr.
In the last 5 years, Motilal Oswal Nifty Smallcap 250 Index Fund Direct Growth has given 34.68% return, outperforming this fund by 11.2% per annum.
DSP Nifty Next 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 16.7% since inception which is more than its category average return of 9.91%
Fund Allocations
This fund has an allocation of 99.71% in Equity, 0% in Debt and 0.29% in Cash related instruments
AUM size ₹899 Cr
This fund has AUM of ₹899 Cr which is more than its category average of ₹ 755 Cr
Expense Ratio 0.26%
This fund has an expense ratio of 0.26% which is less than its category average expense ratio of 0.55%
More funds from DSP
5Y CAGR
▲ 35.71
5Y CAGR
▲ 27.89
5Y CAGR
▲ 26.58
5Y CAGR
▲ 28.67
5Y CAGR
▲ 23.58
Frequently Asked Questions for DSP Nifty Next 50 Index Fund Direct Growth
The current NAV of DSP Nifty Next 50 Index Fund Direct Growth is ₹25.91 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
DSP Nifty Next 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.98% | 4.98% |
6 Month Returns | -6.82% | -6.82% |
1 Year Returns | 5.37% | 5.37% |
3 Years Returns | 55.39% | 15.83% |
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.
0.26% as on March 2025
₹899 Cr as on March 2025
InterGlobe Aviation Ltd(4.54%), Hindustan Aeronautics Ltd Ordinary Shares(3.59%), Vedanta Ltd(3.55%), Divi's Laboratories Ltd(3.31%), Varun Beverages Ltd(3.27%) as on March 2025
Financial Services(20.51%), Industrial(15.14%), Consumer Defensive(14.35%) as on March 2025
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 | -0.49 | -0.34 | -0.46 |
As on March 2025
The alpha for DSP Nifty Next 50 Index Fund Direct Growth is calculated against 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 | 1 | 0.99 |
As on March 2025
The Beta for DSP Nifty Next 50 Index Fund Direct Growth is calculated with 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 | -0.01 | 0.51 | 1.01 |
As on March 2025
The sharpe ratio for DSP Nifty Next 50 Index Fund Direct Growth is calculated with 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 | 22.89 | 20.37 | 18.43 |
As on March 2025
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 0.78 as on March 2025. 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%