DSP Nifty Next 50 Index Fund Direct Growth

Fund Overview

Fund Size

₹1,153 Cr

Expense Ratio

0.28%

ISIN

INF740KA1MG9

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

21 Feb 2019

About this fund

DSP Nifty Next 50 Index Fund Direct Growth is a Index Funds mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 6 years, 10 months and 27 days, having been launched on 21-Feb-19.
As of 16-Jan-26, it has a Net Asset Value (NAV) of ₹27.18, Assets Under Management (AUM) of 1153.07 Crores, and an expense ratio of 0.28%.

DSP Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 15.60% since inception.
The fund's asset allocation comprises around 99.97% in equities, 0.00% in debts, and -0.01% in cash & cash equivalents.
You can start investing in DSP Nifty Next 50 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

+7.36%

— (Cat Avg.)

3 Years

+18.29%

— (Cat Avg.)

5 Years

+15.84%

— (Cat Avg.)

Since Inception

+15.60%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2025

Equity	₹1,152.71 Cr	99.97%
Others	₹-0.08 Cr	-0.01%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Vedanta Ltd	Equity	₹51.05 Cr	4.43%
TVS Motor Co Ltd	Equity	₹43.48 Cr	3.77%
Hindustan Aeronautics Ltd Ordinary Shares	Equity	₹41.46 Cr	3.60%
Divi's Laboratories Ltd	Equity	₹40.44 Cr	3.51%
Bharat Petroleum Corp Ltd	Equity	₹37.06 Cr	3.21%
Cholamandalam Investment and Finance Co Ltd	Equity	₹35.84 Cr	3.11%
Britannia Industries Ltd	Equity	₹35.41 Cr	3.07%
Varun Beverages Ltd	Equity	₹33.37 Cr	2.89%
Indian Hotels Co Ltd	Equity	₹32.31 Cr	2.80%
Tata Power Co Ltd	Equity	₹31.74 Cr	2.75%
Indian Oil Corp Ltd	Equity	₹30.97 Cr	2.69%
Adani Power Ltd	Equity	₹28.08 Cr	2.44%
LTIMindtree Ltd	Equity	₹27.99 Cr	2.43%
Avenue Supermarts Ltd	Equity	₹27.73 Cr	2.40%
Bank of Baroda	Equity	₹27.33 Cr	2.37%
Samvardhana Motherson International Ltd	Equity	₹26.52 Cr	2.30%
Canara Bank	Equity	₹26 Cr	2.25%
Info Edge (India) Ltd	Equity	₹25.8 Cr	2.24%
Power Finance Corp Ltd	Equity	₹25.76 Cr	2.23%
Godrej Consumer Products Ltd	Equity	₹24.48 Cr	2.12%
Bajaj Holdings and Investment Ltd	Equity	₹24.42 Cr	2.12%
ICICI Lombard General Insurance Co Ltd	Equity	₹23.65 Cr	2.05%
GAIL (India) Ltd	Equity	₹23.12 Cr	2.01%
Pidilite Industries Ltd	Equity	₹22.92 Cr	1.99%
REC Ltd	Equity	₹22.19 Cr	1.92%
CG Power & Industrial Solutions Ltd	Equity	₹22.15 Cr	1.92%
DLF Ltd	Equity	₹21.95 Cr	1.90%
United Spirits Ltd	Equity	₹21.23 Cr	1.84%
Punjab National Bank	Equity	₹21.21 Cr	1.84%
Torrent Pharmaceuticals Ltd	Equity	₹20.05 Cr	1.74%
Jindal Steel Ltd	Equity	₹19.61 Cr	1.70%
Havells India Ltd	Equity	₹17.89 Cr	1.55%
Adani Energy Solutions Ltd	Equity	₹17.74 Cr	1.54%
Shree Cement Ltd	Equity	₹17.69 Cr	1.53%
Ambuja Cements Ltd	Equity	₹16.89 Cr	1.46%
Hyundai Motor India Ltd	Equity	₹16.31 Cr	1.41%
Bosch Ltd	Equity	₹15.56 Cr	1.35%
Adani Green Energy Ltd	Equity	₹15.49 Cr	1.34%
Lodha Developers Ltd	Equity	₹14.86 Cr	1.29%
Solar Industries India Ltd	Equity	₹14.86 Cr	1.29%
ABB India Ltd	Equity	₹13.5 Cr	1.17%
Siemens Ltd	Equity	₹13.48 Cr	1.17%
Hindustan Zinc Ltd	Equity	₹13.22 Cr	1.15%
JSW Energy Ltd	Equity	₹12.89 Cr	1.12%
Zydus Lifesciences Ltd	Equity	₹11.39 Cr	0.99%
Siemens Energy India Ltd	Equity	₹11.27 Cr	0.98%
Indian Railway Finance Corp Ltd Ordinary Shares	Equity	₹11.09 Cr	0.96%
Life Insurance Corporation of India	Equity	₹9.45 Cr	0.82%
Mazagon Dock Shipbuilders Ltd	Equity	₹9.42 Cr	0.82%
Net Receivables/Payables	Cash	₹-4.71 Cr	0.41%
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹4.63 Cr	0.40%
Bajaj Housing Finance Ltd	Equity	₹4.4 Cr	0.38%
Tvs Motor Company Limited	Preferred Stock	₹0.44 Cr	0.04%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹231.33 Cr	20.06%
Basic Materials	₹156.23 Cr	13.55%
Consumer Defensive	₹142.23 Cr	12.33%
Utilities	₹140.34 Cr	12.17%
Consumer Cyclical	₹134.19 Cr	11.64%
Industrials	₹117.89 Cr	10.22%
Healthcare	₹71.88 Cr	6.23%
Energy	₹68.02 Cr	5.90%
Real Estate	₹36.82 Cr	3.19%
Technology	₹27.99 Cr	2.43%
Communication Services	₹25.8 Cr	2.24%

Risk & Performance Ratios

Fund Managers

Anil Ghelani

Since July 2019

Diipesh Shah

Since November 2020

Additional Scheme Detailsas of 31st December 2025

ISIN

INF740KA1MG9

Expense Ratio

0.28%

Exit Load

No Charges

Fund Size

₹1,153 Cr

Age

6 years 10 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Next 50 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:

Dividend Taxation:

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
Kotak Nifty200 Value 30 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Nifty200 Value 30 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
Zerodha Nifty Short Duration G-Sec Index Fund Direct Growth Low to Moderate Risk	-	0.0%	-	-
DSP Nifty 500 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
DSP Nifty 500 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
Kotak Nifty Next 50 ETF Very High Risk	-	-	-	-
Motilal Oswal Nifty Services Sector ETF	0.5%	-	₹5.30 Cr	-
Mirae Asset Nifty Top 20 Equal Weight ETF Very High Risk	0.1%	-	-	-
Mirae Asset BSE 500 Dividend Leaders 50 ETF Very High Risk	0.1%	-	-	-
Groww Nifty Metal ETF Very High Risk	-	-	₹13.89 Cr	-
Tata BSE Multicap Consumption 50 30 20 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹56.75 Cr	-
Tata BSE Multicap Consumption 50 30 20 Index Fund Regular Growth Very High Risk	1.1%	0.0%	₹56.75 Cr	-
DSP Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	-	0.0%	₹7.78 Cr	-
Navi Nifty MidSmallcap 400 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
DSP Nifty Smallcap 250 Index Fund Regular Growth Very High Risk	-	0.0%	₹7.78 Cr	-
Navi Nifty MidSmallcap 400 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
DSP Nifty Midcap 150 Index Fund Direct Growth Very High Risk	-	0.0%	₹8.09 Cr	-
DSP Nifty Midcap 150 Index Fund Regular Growth Very High Risk	-	0.0%	₹8.09 Cr	-
DSP Nifty Midcap 150 ETF Very High Risk	-	-	-	-
DSP Nifty Smallcap 250 ETF Very High Risk	-	-	₹6.19 Cr	-
Kotak Nifty500 Momentum 50 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Nifty500 Momentum 50 Index Fund Regular Growth Very High Risk	-	0.0%	-	-
Groww Nifty Capital Markets ETF Very High Risk	-	-	₹18.70 Cr	-
HDFC BSE India Sector Leaders Index Fund Regular Growth Very High Risk	0.8%	0.0%	₹225.21 Cr	-
HDFC BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹225.21 Cr	-
Edelweiss Nifty 50 ETF Very High Risk	0.1%	-	₹17.15 Cr	-
Edelweiss BSE Sensex ETF Very High Risk	0.1%	-	₹15.83 Cr	-
Angel One Nifty Total Market Momentum Quality 50 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹33.20 Cr	-
Angel One Nifty Total Market Momentum Quality 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹33.20 Cr	-
Mirae Asset Nifty Energy ETF Very High Risk	0.1%	-	₹17.81 Cr	-
Groww Nifty Midcap 150 ETF Very High Risk	0.2%	-	₹5.34 Cr	-
Mirae Asset Nifty Smallcap 250 ETF Very High Risk	0.1%	-	₹8.93 Cr	-
Groww Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹11.15 Cr	-
Groww Nifty Midcap 150 Index Fund Regular Growth Very High Risk	0.3%	0.0%	₹11.15 Cr	-
Zerodha BSE SENSEX Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹10.34 Cr	-
Zerodha Nifty 50 ETF Very High Risk	0.1%	-	₹8.74 Cr	-
Zerodha Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹14.06 Cr	-
DSP Nifty500 Flexicap Quality 30 ETF Very High Risk	0.3%	-	₹11.44 Cr	-
Kotak Nifty 200 Momentum 30 ETF Very High Risk	0.2%	-	₹5.17 Cr	-
Groww Nifty Realty ETF Very High Risk	0.4%	-	₹8.76 Cr	-
Tata Nifty Next 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹108.64 Cr	-
Tata Nifty Next 50 Index Fund Regular Growth Very High Risk	1.1%	0.0%	₹108.64 Cr	-
Bandhan BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹28.57 Cr	-
Bandhan BSE India Sector Leaders Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹28.57 Cr	-
Edelweiss Nifty LargeMidcap 250 ETF Very High Risk	1.1%	-	₹95.16 Cr	-
Zerodha Nifty Smallcap 100 ETF Very High Risk	0.2%	-	₹12.19 Cr	-
Axis Nifty500 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹73.44 Cr	-
Axis Nifty500 Quality 50 Index Fund Regular Growth Very High Risk	1.1%	0.0%	₹73.44 Cr	-
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹108.61 Cr	-
DSP Nifty500 Flexicap Quality 30 Index Fund Regular Growth Very High Risk	1.0%	0.0%	₹108.61 Cr	-

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹2,26,547 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Nifty 500 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
DSP Fixed Maturity Plan Series 277 789 Days Direct Growth High Risk	-	0.0%	-	-
DSP Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	-	0.0%	₹7.78 Cr	-
DSP Nifty Midcap 150 Index Fund Direct Growth Very High Risk	-	0.0%	₹8.09 Cr	-
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹108.61 Cr	-
DSP Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹50.97 Cr	-
DSP Nifty Healthcare Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹14.60 Cr	-
DSP Silver ETF Fund of Fund Direct Growth Very High Risk	0.6%	0.0%	₹712.39 Cr	-
DSP Nifty Private Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹57.83 Cr	-
DSP BSE SENSEX Next 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹14.30 Cr	-
DSP Business Cycle Fund Direct Growth Very High Risk	0.6%	0.0%	₹1175.58 Cr	9.7%
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1466.83 Cr	6.2%
DSP Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹58.22 Cr	22.6%
DSP US Treasury Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹65.95 Cr	13.6%
DSP Nifty Healthcare ETF Regular Growth Very High Risk	0.2%	-	₹10.83 Cr	3.2%
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹2681.86 Cr	4.2%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹285.44 Cr	-7.5%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹1623.85 Cr	26.5%
DSP Gold ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹331.34 Cr	76.2%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.2%	1.0%	₹6440.17 Cr	28.7%
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹52.27 Cr	7.6%
DSP FMP Series 267 - 1246 Days Direct Growth Low Risk	-	0.0%	₹699.56 Cr	7.0%
DSP FMP Series 261 37 Month Direct Growth Moderate Risk	-	-	-	-
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth Low Risk	-	0.0%	₹180.35 Cr	7.0%
DSP FMP Series 268 - 1281 Days Direct Growth Low Risk	-	-	₹122.54 Cr	7.0%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low Risk	0.3%	0.0%	₹3948.37 Cr	6.6%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3708.72 Cr	9.9%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2659.27 Cr	5.8%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹904.10 Cr	11.5%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1153.07 Cr	7.4%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹3114.33 Cr	-2.5%
DSP Global Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹1982.13 Cr	6.8%
DSP Quant Fund Direct Growth Very High Risk	0.6%	0.0%	₹880.84 Cr	10.5%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6367.49 Cr	7.2%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹1325.77 Cr	15.7%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2033.73 Cr	8.1%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹314.47 Cr	7.5%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12327.61 Cr	7.5%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1292.05 Cr	4.4%
DSP Equity & Bond Fund Direct Growth High Risk	0.7%	1.0%	₹12161.66 Cr	7.9%
DSP Focus Fund Direct Growth Very High Risk	0.9%	1.0%	₹2686.67 Cr	10.6%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	3.0%	₹205.76 Cr	21.7%
DSP India TIGER Fund Direct Growth Very High Risk	0.7%	1.0%	₹5323.37 Cr	3.4%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹17776.95 Cr	6.5%
DSP Regular Saving Fund Direct Growth Moderately High risk	0.5%	0.0%	₹183.97 Cr	8.0%
DSP Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹16934.59 Cr	2.0%
DSP Ultra Short Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3971.51 Cr	7.3%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3905.96 Cr	7.4%
DSP Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹19585.60 Cr	7.2%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of DSP Nifty Next 50 Index Fund Direct Growth?

The NAV of DSP Nifty Next 50 Index Fund Direct Growth, as of 16-Jan-2026, is ₹27.18.

What are the returns of DSP Nifty Next 50 Index Fund Direct Growth?

The fund has generated 7.36% over the last 1 year and 18.29% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of DSP Nifty Next 50 Index Fund Direct Growth?

The fund's allocation of assets is distributed as 99.97% in equities, 0.00% in bonds, and -0.01% in cash and cash equivalents.

Who manages the DSP Nifty Next 50 Index Fund Direct Growth?

The fund managers responsible for DSP Nifty Next 50 Index Fund Direct Growth are:-

Anil Ghelani
Diipesh Shah

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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DSP Nifty Next 50 Index Fund Direct Growth

Fund Overview