DSP Nifty Next 50 Index Fund Direct Growth
NAV as on 31-03-2025
₹ 24.76
1D
Inception Returns
16%
/yr
Historical NAV & Returns
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 Diipesh Shah, Anil Ghelani. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Nifty Next 50 Index Fund Direct Growth has ₹859 Cr worth of assets under management (AUM) as on Feb 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 16.04% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 4.25%, 16.21% and 25.50% respectively.
Holdings
DSP Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Utilities, Consumer Defensive, Basic Materials, Health, Real Estate, Communication, Tech, Energy. Its top holdings are Zomato Ltd, InterGlobe Aviation Ltd, Divi's Laboratories Ltd, Jio Financial Services Ltd, Vedanta 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 | IISL Nifty Next 50 TR INR |
| AUM | ₹859 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
Fund Distribution
as on (28-Feb-25)
- AUM of the fund stands at 859.5 Cr as of Feb'25
- AUM has remained same between Feb'25 and Jan'25
Top 3 Sectors in February were Financial Services, Industrial & Utilities
Top Growth Drivers | 1M Return |
|---|---|
 Union Bank of India | 15.7% |
 Cholamandalam Investment & Finance Company Ltd | 7.1% |
 Jindal Steel & Power Ltd | 6.8% |
Mutual Fund Insights
DSP Nifty Next 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹859 Cr
Expense Ratio 0.26%
More funds from DSP
DSP India T.I.G.E.R. Fund - Direct Plan - Growth
5Y CAGR
▲ 37.62
DSP Healthcare Fund Direct Growth
5Y CAGR
▲ 31.27
DSP Equity Opportunities Fund Direct Plan Growth
5Y CAGR
▲ 29.34
DSP ELSS Tax Saver Fund Direct Plan Growth
5Y CAGR
▲ 30.18
DSP Top 100 Equity Fund Direct Plan Growth
5Y CAGR
▲ 24.49
Frequently Asked Questions for DSP Nifty Next 50 Index Fund Direct Growth
DSP Nifty Next 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 10.48% | 10.48% |
6 Month Returns | -18.91% | -18.91% |
1 Year Returns | 4.25% | 4.25% |
3 Years Returns | 56.96% | 16.21% |
5 Years Returns | 211.35% | 25.5% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Nifty Next 50 Index Fund Direct Growth | -0.56 | -0.31 | -0.5 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Nifty Next 50 Index Fund Direct Growth | 1 | 1 | 0.99 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Nifty Next 50 Index Fund Direct Growth | -0.39 | 0.4 | 0.61 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Nifty Next 50 Index Fund Direct Growth | 20.39 | 19.67 | 20.53 |