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DSP Nifty Next 50 Index Fund

DSP Nifty Next 50 Index Fund

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Benchmark: Nifty Next 50 TRI info icon

1.44 lakh people have invested in this fund

View performance details

Return:

This fund

18.00%

Nifty Next 50 TRI

14.30%

NIFTY 50 TRI

14.15%

Invested

Earning

This fund

18.00%

Nifty Next 50 TRI

14.30%

NIFTY 50 TRI

14.15%

team 1.44 lakh people have invested in this fund as of

This is an Index fund with Nifty Next 50 TRI as its benchmark. The risk level for this fund is categorized as Very High Risk.

Total AUM

838.01 crores as of Oct 31, 2024

Age of Fund

5 years 9 months since Feb 21, 2019

Expense Ratio

0.53% as of Dec 04, 2024

Exit Load

Nil  

Ideal holding period

10 Years+

Holdings

as of Oct 31, 2024

Hindustan Aeronautics Limited

4.34%

Vedanta Limited

4.24%

Divi's Laboratories Limited

4.03%

Tata Power Company Limited

4.00%

Interglobe Aviation Limited

3.77%

Power Finance Corporation Limited

3.56%

REC Limited

3.51%

Large Cap

91.30%

Mid Cap

8.40%

Finance

12.10%

Electrical Equipment

7.00%

Pharmaceuticals & Biotechnology

6.90%

Power

6.60%

Banks

6.20%

Rolling Returns

Bars show distribution of returns in given range for selected time period.

View performance details

Things to know before you invest

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What is in DSP Nifty Next 50 Index Fund?

  1. This is an index fund that replicates the Nifty Next 50 TR Index - same stocks, same weights.
  2. By matching the Nifty Next 50 TR Index, it allows you to invest in India's next-in-line 50 potential biggies - fairly large-sized companies that have the potential to become really big & get included in Nifty 50.
  3. The portfolio is rebalanced semi-annually to adjust for any stock additions or subtractions to the Index.
  4. Companies in the index can offer more growth potential than larger companies but at lower risk levels than smaller-sized companies.
  1. Aim to build wealth by investing conveniently in companies that could become the next top 50 Indian companies.
  2. Relatively low-cost, with a comparatively lower expense ratio than active large-cap funds.
  3. Offers the potential to 'earn big' returns by utilizing this high-risk, high-return strategy.
  4. Can help you beat the impact of rising prices over the long-term.
  5. Since the fund only replicates an index & does not have an 'active' fund manager, it carries no human decision-making bias.
  1. Consider this fund if you
    • Are an experienced investor & know what you're doing.
    • Are looking to tactically allocate 10-15% of your overall portfolio to very high-risk opportunities.
    • Value low-cost, passive investing.
    • Have the patience & mental resilience to remain invested for a decade or more.
    • Accept that equity investing means exposure to risk.
  1. Nifty Next 50 Index fund carries Very High Risk.
  2. Expect short term return fluctuations, especially during periods of market ups & downs.
  3. Even though fund invests in Index, its subject to Equity risk. There can be temporary period of high draw-downs.
  4. Returns of the fund will be lower than index returns due to expense ratio & tracking error.

Fund managers:

Anil Ghelani

Anil Ghelani

Total work experience of 26 years. Managing this fund since July 2019.
Total work experience of 26 years. Managing this fund since July 2019.

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Diipesh Shah

Diipesh Shah

Total work experience of 23 years. Managing this fund since November 2020.
Total work experience of 23 years. Managing this fund since November 2020.

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Portfolio

Prescribed asset allocation: 95% - 100% Equity and equity related securities covered by Nifty Next 50 Index , 0% - 5% *Debt and Money Market Securities

Current Allocation

as of Oct 31, 2024

Top holdings

Hindustan Aeronautics Limited

4.34%

Vedanta Limited

4.24%

Divi's Laboratories Limited

4.03%

Tata Power Company Limited

4.00%

Interglobe Aviation Limited

3.77%

Allocation by Market Cap

Large Cap

91.30%

Mid Cap

8.40%

Top Sectors

Finance

12.17%

Electrical Equipment

7.06%

Pharmaceuticals & Biotechnology

6.97%

Power

6.62%

Banks

6.22%

Top holdings

No Data to display

Top holdings

TREPS / Reverse Repo Investments

0.21%

Cash & cash equivalents

-0.51%

Credit rating profile

Cash & Equivalent

95.20%

Instrument break-up

TREPS

100.00%


Indicators

Portfolio turnover ratio

0.49 last 12 months

Standard Deviation

17.99 %

Sharpe Ratio

0.67

Beta

1.00

R-Squared

100.00 %

Tracking Error

0.13 %

Tracking Error (Abs.)

0.009 %

Compare Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:
MedianCAGR:
Max CAGR:

Good Returns

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Negative Returns

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vs Category

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vs Benchmark

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  • Historical Returnsas of with investment of10,000

This fund Nifty Next 50 TRI ^ NIFTY 50 TRI # Tracking difference
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

Nifty Next 50 TRI

NIFTY 50 TRI

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Feb 21, 2019.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Additional Benchmark

Fund Details

Fund Details

Investment Objective

To invest in companies which are constituents of NIFTY Next 50 Index (underlying Index) in the same proportion as in the index and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, "subject to tracking error"
There is no assurance that the investment objective of the Scheme will be realized.

Fund Type

Index Fund

An open ended scheme replicating/tracking NIFTY NEXT 50 Index

Riskometer

Level of Risk in the fund

View details
Riskometer

Minimum Investment

Rs.  100 Lumpsum
Rs.  100 SIP– 12 instalments
Rs.  100 Minimum Additional Purchase

FAQs

FAQs

DSP Nifty Next 50 Index Fund is a mutual fund scheme that track the performance of the Nifty Next 50 Index. The index has been developed by NSE (through its subsidiary), and it tracks the performance of the 51st to 100th largest companies listed on the NSE, in terms of market capitalization. Given that these funds are index funds, they are classified as passive funds since the fund manager replicates the portfolio of the index and does not take any active investment decisions.

There are two primary ways to invest in the Nifty Next 50 Index. One is through exchange-traded mutual funds ("ETF") and the other is through Nifty Next 50 Index mutual funds. The primary difference between the two is that in the case of ETFs, the units of the mutual fund are listed on a stock exchange, similar to how shares of a company are listed on the stock exchange. In the case of index mutual funds, the units are not listed on the stock exchange. In order to invest in an ETF, an individual will be required to open a demat account. However, in the case of an index mutual fund, no such requirement exists. Any individual can purchase units of an index mutual funds through (a) the website of the fund house / asset management company, (b) mutual fund investment apps/platforms, and (c) through mutual fund distributors. It is important to note that mutual funds have two plans of the same mutual fund scheme, i.e., the direct plan and the regular plan. You can avail of the direct plan through no brokerage platforms or through the website of the fund house / asset management company. You can purchase the regular plan through a mutual fund distributor. If you are purchasing from a no brokerage app the name of the mutual fund scheme is. DSP Nifty Next 50 Index Fund - Direct Plan ? Growth Option.

The Nifty Next 50 Index is calculated basis the free float market capitalization method. This means the Nifty Next 50 Index reflects the total market value of the shares available to the public for trading of the 50 companies that are part of the Nifty 100 excluding the Nifty 50 companies. The index is rebalanced semi-annually. The cumulative weight of non F&O stock category in the index is capped at 10%. Further, non F&O stocks individually in the index are capped at 4.5%.

team 1.44 lakh peoplehave invested in this fund as of