DSP Nifty Top 10 Equal Weight Index Fund Direct Growth
NAV as on 24-04-2025
₹ 9.8
▲0.4%
1D
Inception Returns
/yr
Historical NAV & Returns
Absolute
▲
▼
3624 people have invested ₹ 2.6Cr in DSP Nifty Top 10 Equal Weight Index Fund Direct Growth in the last three months
About DSP Nifty Top 10 Equal Weight Index Fund Direct Growth
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.
Key Parameters
- DSP Nifty Top 10 Equal Weight Index Fund Direct Growth has ₹1495 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 Top 10 Equal Weight Index Fund Direct Growth has given a CAGR return of -1.53% since inception.
Holdings
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Communication, Consumer Defensive, Energy. Its top holdings are Larsen & Toubro Ltd, HDFC Bank Ltd, ICICI Bank Ltd, Bharti Airtel Ltd, Kotak Mahindra Bank 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 Top 10 Equal Weight Index Fund Direct Growth
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 and lockin period
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.
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth Overview
| Expense ratio | 0.25% |
Benchmark | Nifty Top 10 Equal Weight |
| AUM | ₹1495 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 |
Fund Distribution
as on (31-Mar-25)
Large cap
99.9%
Sector Allocation
Financial Services
40.2%
Tech
19.6%
Industrial
10.1%
Communication
10.1%
Consumer Defensive
10.1%
Energy
10%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 6.83% whereas the fund’s underlying benchmark Nifty 50 returns stands at 6.33% as on Mar'25
- This fund outperformed Nifty 50 by 0.50% in Mar'25
- AUM of the fund stands at 1.5K Cr as of Mar'25
- AUM increased by 163.9 Cr between Mar'25 and Feb'25
Top Stocks bought last month
ITC Ltd's allocation increased from 8.9% to 10.05%
Tata Consultancy Services Ltd's allocation increased from 8.98% to 9.91%
Larsen & Toubro Ltd's allocation increased from 9.37% to 10.12%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 10.4 % to 10.09 %
Bharti Airtel Ltd's allocation decreased from 10.55 % to 10.07 %
Kotak Mahindra Bank Ltd's allocation decreased from 11.67 % to 10.06 %
Large Cap allocation has gone up from 99.9% to 99.9%
Cash allocation has gone up from -0.2% to 0.1%
Top 3 Sectors in March were Financial Services, Tech & Energy
Mar'25
Financial Services
40%
Tech
20%
Industrial
10%
Feb'25
Financial Services
40%
Tech
20%
Energy
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Larsen & Toubro Ltd | 10.12% | 5.6% | |
 ICICI Bank Ltd | 10.09% | -2.5% | |
 HDFC Bank Ltd | 10.09% | -0.7% | |
 Bharti Airtel Ltd | 10.07% | -6.7% | |
 Kotak Mahindra Bank Ltd | 10.06% | -18.4% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | - | - | - | -1.53% |
 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 |
|---|---|
 ICICI Bank Ltd | 4.4% |
 Kotak Mahindra Bank Ltd | 2.4% |
Loading...
We are taking more time than usual
Diipesh Shah
Fund Manager of DSP Nifty Top 10 Equal Weight Index Fund Direct Growth, since 5 September 2024
Top funds managed
Anil Ghelani
Fund Manager of DSP Nifty Top 10 Equal Weight Index Fund Direct Growth, since 5 September 2024
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
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
Fund Allocations
This fund has an allocation of 99.95% in Equity, 0% in Debt and 0.05% in Cash related instruments
AUM size ₹1495 Cr
This fund has AUM of ₹1495 Cr which is more than its category average of ₹ 755 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% 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
▲ 26.59
5Y CAGR
▲ 28.67
5Y CAGR
▲ 23.58
Frequently Asked Questions for DSP Nifty Top 10 Equal Weight Index Fund Direct Growth
The current NAV of DSP Nifty Top 10 Equal Weight Index Fund Direct Growth is ₹9.8 as on 24-Apr-2025.
Existing (Absolute + CAGR) as on 24-Apr-2025.
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.57% | 3.57% |
6 Month Returns | 1.69% | 1.69% |
1 Year Returns | 0% | 0% |
3 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.
0.25% as on March 2025
₹1495 Cr as on March 2025
Larsen & Toubro Ltd(10.12%), HDFC Bank Ltd(10.09%), ICICI Bank Ltd(10.09%), Bharti Airtel Ltd(10.07%), Kotak Mahindra Bank Ltd(10.06%) as on March 2025
Financial Services(40.14%), Tech(19.6%), Industrial(10.12%) as on March 2025
The alpha ratio for the DSP Nifty Top 10 Equal Weight Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | - | - | - |
As on March 2025
The alpha for DSP Nifty Top 10 Equal Weight Index Fund Direct Growth is calculated against Nifty Top 10 Equal Weight. 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 Top 10 Equal Weight Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | - | - | - |
As on March 2025
The Beta for DSP Nifty Top 10 Equal Weight Index Fund Direct Growth is calculated with Nifty Top 10 Equal Weight. 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 Top 10 Equal Weight 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 Top 10 Equal Weight Index Fund Direct Growth | - | - | - |
As on March 2025
The sharpe ratio for DSP Nifty Top 10 Equal Weight Index Fund Direct Growth is calculated with Nifty Top 10 Equal Weight. 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 Top 10 Equal Weight 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 Top 10 Equal Weight Index Fund Direct Growth | - | - | - |
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.
Diipesh Shah, Anil Ghelani are the fund managers of DSP Nifty Top 10 Equal Weight Index Fund Direct Growth
The Exit load of DSP Nifty Top 10 Equal Weight Index Fund Direct Growth is 0%