DSP Nifty 50 Equal Weight Index Fund Direct Growth
EquityIndex FundsVery High Risk
Direct
NAV (13-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹1,787 Cr
Expense Ratio
0.40%
ISIN
INF740KA1CR7
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
23 Oct 2017
About this fund
As of 13-Sep-24, it has a Net Asset Value (NAV) of ₹27.03, Assets Under Management (AUM) of 1787.49 Crores, and an expense ratio of 0.4%.
- DSP Nifty 50 Equal Weight Index Fund Direct Growth has given a CAGR return of 15.52% since inception.
- The fund's asset allocation comprises around 99.84% in equities, 0.00% in debts, and 0.16% in cash & cash equivalents.
- You can start investing in DSP Nifty 50 Equal Weight Index Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+38.37%
— (Cat Avg.)
3 Years
+20.01%
— (Cat Avg.)
5 Years
+23.65%
— (Cat Avg.)
Since Inception
+15.52%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹1,784.61 Cr | 99.84% |
| Others | ₹2.89 Cr | 0.16% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| SBI Life Insurance Company Limited | Equity | ₹41.62 Cr | 2.33% |
| Infosys Ltd | Equity | ₹41.46 Cr | 2.32% |
| HDFC Life Insurance Co Ltd | Equity | ₹41.11 Cr | 2.30% |
| Oil & Natural Gas Corp Ltd | Equity | ₹40.74 Cr | 2.28% |
| HCL Technologies Ltd | Equity | ₹39.82 Cr | 2.23% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹39.8 Cr | 2.23% |
| Bharat Petroleum Corp Ltd | Equity | ₹39.7 Cr | 2.22% |
| LTIMindtree Ltd | Equity | ₹39.51 Cr | 2.21% |
| Tata Consultancy Services Ltd | Equity | ₹39.02 Cr | 2.18% |
| ITC Ltd | Equity | ₹39 Cr | 2.18% |
| Tata Motors Ltd | Equity | ₹38.27 Cr | 2.14% |
| Dr Reddy's Laboratories Ltd | Equity | ₹38.04 Cr | 2.13% |
| NTPC Ltd | Equity | ₹37.93 Cr | 2.12% |
| Tech Mahindra Ltd | Equity | ₹37.7 Cr | 2.11% |
| Hindustan Unilever Ltd | Equity | ₹37.56 Cr | 2.10% |
| Tata Consumer Products Ltd | Equity | ₹37.45 Cr | 2.09% |
| Bajaj Auto Ltd | Equity | ₹37.08 Cr | 2.07% |
| Bharti Airtel Ltd | Equity | ₹36.94 Cr | 2.07% |
| Divi's Laboratories Ltd | Equity | ₹36.91 Cr | 2.06% |
| Coal India Ltd | Equity | ₹36.79 Cr | 2.06% |
| Bajaj Finserv Ltd | Equity | ₹36.57 Cr | 2.05% |
| Cipla Ltd | Equity | ₹36.29 Cr | 2.03% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹36.19 Cr | 2.02% |
| Britannia Industries Ltd | Equity | ₹35.98 Cr | 2.01% |
| Asian Paints Ltd | Equity | ₹35.98 Cr | 2.01% |
| Wipro Ltd | Equity | ₹35.64 Cr | 1.99% |
| Grasim Industries Ltd | Equity | ₹35.27 Cr | 1.97% |
| Shriram Finance Ltd | Equity | ₹35.25 Cr | 1.97% |
| Titan Co Ltd | Equity | ₹34.46 Cr | 1.93% |
| UltraTech Cement Ltd | Equity | ₹34.27 Cr | 1.92% |
| Eicher Motors Ltd | Equity | ₹34.17 Cr | 1.91% |
| Reliance Industries Ltd | Equity | ₹34.14 Cr | 1.91% |
| Larsen & Toubro Ltd | Equity | ₹33.96 Cr | 1.90% |
| Power Grid Corp Of India Ltd | Equity | ₹33.89 Cr | 1.90% |
| ICICI Bank Ltd | Equity | ₹33.75 Cr | 1.89% |
| Maruti Suzuki India Ltd | Equity | ₹33.67 Cr | 1.88% |
| Hindalco Industries Ltd | Equity | ₹33.65 Cr | 1.88% |
| Bajaj Finance Ltd | Equity | ₹33.47 Cr | 1.87% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹33.47 Cr | 1.87% |
| JSW Steel Ltd | Equity | ₹33.28 Cr | 1.86% |
| Kotak Mahindra Bank Ltd | Equity | ₹32.87 Cr | 1.84% |
| Nestle India Ltd | Equity | ₹32.7 Cr | 1.83% |
| Hero MotoCorp Ltd | Equity | ₹32.56 Cr | 1.82% |
| State Bank of India | Equity | ₹31.85 Cr | 1.78% |
| Mahindra & Mahindra Ltd | Equity | ₹31.71 Cr | 1.77% |
| HDFC Bank Ltd | Equity | ₹31.46 Cr | 1.76% |
| IndusInd Bank Ltd | Equity | ₹31.34 Cr | 1.75% |
| Adani Enterprises Ltd | Equity | ₹31.31 Cr | 1.75% |
| Axis Bank Ltd | Equity | ₹30.4 Cr | 1.70% |
| Tata Steel Ltd | Equity | ₹28.6 Cr | 1.60% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹4.46 Cr | 0.25% |
| Net Receivables/Payables | Cash | ₹-1.58 Cr | 0.09% |
Allocation By Market Cap (Equity)
Large Cap Stocks
98.02%
Mid Cap Stocks
1.82%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹379.69 Cr | 21.24% |
| Consumer Cyclical | ₹241.92 Cr | 13.53% |
| Technology | ₹233.15 Cr | 13.04% |
| Basic Materials | ₹201.04 Cr | 11.25% |
| Healthcare | ₹187.24 Cr | 10.47% |
| Energy | ₹182.69 Cr | 10.22% |
| Consumer Defensive | ₹182.68 Cr | 10.22% |
| Utilities | ₹71.83 Cr | 4.02% |
| Industrials | ₹67.43 Cr | 3.77% |
| Communication Services | ₹36.94 Cr | 2.07% |
Risk & Performance Ratios
Standard Deviation
This fund
13.30%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.05
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Anil Ghelani
Since July 2019
Diipesh Shah
Since November 2020
Additional Scheme Detailsas of 31st August 2024
ISIN | INF740KA1CR7 | Expense Ratio | 0.40% | Exit Load | No Charges | Fund Size | ₹1,787 Cr | Age | 23 Oct 2017 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY 50 Equal Weight TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Index Funds Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| ICICI Prudential Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.3% | 0.0% | ₹557.25 Cr | 47.3% |
| ICICI Prudential Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 0.9% | 0.0% | ₹557.25 Cr | 46.4% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹437.60 Cr | 59.6% |
| SBI Nifty Midcap 150 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹626.67 Cr | 46.7% |
| DSP Nifty 50 Equal Weight Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1787.49 Cr | 37.6% |
| SBI Nifty Smallcap 250 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1087.34 Cr | 52.8% |
| SBI Nifty Midcap 150 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹626.67 Cr | 47.5% |
| ICICI Prudential Nifty 200 Momentum 30 Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹437.60 Cr | 60.5% |
| DSP Nifty 50 Equal Weight Index Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹1787.49 Cr | 38.4% |
| SBI Nifty Smallcap 250 Index Fund Regular Growth Very High Risk | 1.0% | 0.0% | ₹1087.34 Cr | 51.9% |
About the AMC
Total AUM
₹1,79,723 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Who manages the DSP Nifty 50 Equal Weight Index Fund Direct Growth?
- Anil Ghelani
- Diipesh Shah
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