DSP Nifty Top 10 Equal Weight Index Fund Direct Growth
NAV as on 03-04-2025
₹ 9.44
1D
Inception Returns
/yr
Historical NAV & Returns
Absolute
▲
▼
3752 people have invested ₹ 1.8Cr 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 ₹1331 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 Top 10 Equal Weight Index Fund Direct Growth has given a CAGR return of -5.51% since inception.
Holdings
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. Its top holdings are Kotak Mahindra Bank Ltd, Reliance Industries Ltd, Bharti Airtel Ltd, HDFC Bank Ltd, Axis 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 | ₹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 |
Fund Distribution
as on (28-Feb-25)
Large cap
100.1%
Sector Allocation
Financial Services
39.5%
Tech
19.9%
Energy
10.5%
Communication
10.3%
Industrial
9.9%
Consumer Defensive
9.5%
Consumer Cyclical
0.3%
All changes are between Dec'24 and Feb'25
- AUM of the fund stands at 1.3K Cr as of Feb'25
- AUM increased by 129.9 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Axis Bank Ltd's allocation increased from 9.27% to 10.14%
HDFC Bank Ltd's allocation increased from 9.6% to 10.4%
Kotak Mahindra Bank Ltd's allocation increased from 10.98% to 11.67%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 9.98 % to 9.51 %
Larsen & Toubro Ltd's allocation decreased from 9.95 % to 9.37 %
Tata Consultancy Services Ltd's allocation decreased from 9.99 % to 8.98 %
Top 3 Sectors in February were Financial Services, Tech & Energy
Feb'25
Financial Services
40%
Tech
20%
Energy
11%
Jan'25
Financial Services
40%
Tech
20%
Energy
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Kotak Mahindra Bank Ltd | 11.67% | 10.4% | |
 Reliance Industries Ltd | 10.6% | 10.4% | |
 Bharti Airtel Ltd | 10.55% | 10.4% | |
 HDFC Bank Ltd | 10.4% | 10.4% | |
 Axis Bank Ltd | 10.14% | 10.4% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | - | - | - | -5.51% |
 Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | 10.12% | 15.47% | - | 16.02% |
 Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | 5.06% | 20.02% | 34.85% | 25% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 4.66% | 10.63% | 24.65% | 12.72% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 Kotak Mahindra Bank Ltd | 12.5% |
 ICICI Bank Ltd | 10.4% |
 Axis Bank Ltd | 7.7% |
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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 100.09% in Equity, 0% in Debt and -0.09% in Cash related instruments
AUM size ₹1331 Cr
This fund has AUM of ₹1331 Cr which is more than its category average of ₹ 723 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.54%
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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 ₹9.44 as on 03-Apr-2025.
Existing (Absolute + CAGR) as on 03-Apr-2025.
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.68% | 4.68% |
6 Month Returns | -4.23% | -4.23% |
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.
0.25% as on March 2025
₹1331 Cr as on March 2025
Kotak Mahindra Bank Ltd(11.67%), Reliance Industries Ltd(10.6%), Bharti Airtel Ltd(10.55%), HDFC Bank Ltd(10.4%), Axis Bank Ltd(10.14%) as on March 2025
Financial Services(42.18%), Tech(18.49%), Energy(10.6%) 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%