Equity
Direct
Index Funds
NAV as on 03-03-2025
₹ 9.02
1D
Inception Returns
/yr
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth is an equity fund. This fund was started on 5 September, 2024. The fund is managed by Diipesh Shah, Anil Ghelani. The fund could potentially beat inflation in the long-run.
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth has given a CAGR return of -9.77% since inception.
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Energy, Communication, Industrial, Consumer Defensive, Consumer Cyclical. Its top holdings are Kotak Mahindra Bank Ltd, Reliance Industries Ltd, Bharti Airtel Ltd, Tata Consultancy Services Ltd, Infosys Ltd
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.
The investment objective of the Scheme is to generate returns that are commensurate with the performance of the Nifty Top 10 Equal Weight Index, subject to tracking error.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Nifty Top 10 Equal Weight Index Fund Direct Growth has no lock in period.
Expense ratio | 0.25% |
Benchmark | Nifty Top 10 Equal Weight |
AUM | ₹1331 Cr |
Inception Date | 5 September, 2024 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 0% |
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 |
as on (31-Jan-25)
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.46% | -5.46% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | - | - | - |