3 Year return

21.91%
Launched on September 2017 (7 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

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Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹1029.11 Cr.

Expense Ratio

0.4% (inclusive of GST)

Exit Load

Nil

Ratings

0

Ratings by other agencies

3
1
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

DSP Mutual Fund Managers

AG

Anil Ghelani

Fund Manager since Jun 2023

Fund House Details

DSP Mutual Fund Asset management company

AUM ₹136,061.92 Cr.
No. of Schemes 200
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by DSP Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Payout

4.02%
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Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Reinvestment

4.02%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Quarterly Payout

4.02%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Payout

4.02%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan Growth

4.02%

About the DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth

The DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth is an open-ended equity index fund. It is a passively managed fund that aims to replicate the performance of the Nifty 50 Equal Weight Index. The fund invests in the stocks of the top 50 companies listed on the Nifty 50 index, with each stock having a weight of 2% in the portfolio. This is in contrast to traditional index funds, which typically weight stocks based on their market capitalization. The DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth is an open-ended fund. The expense ratio of the DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth is low compared to the category average.

Investment Objectives of the Scheme

The investment objective of the DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth is to provide investors with returns that are commensurate with the performance of the Nifty 50 Equal Weight Index. The fund does not try to outperform the index, but rather to track its performance as closely as possible.

Key Features of The Fund

5-year return 19.42%
Expense Ratio 0.4%
Fund Manager Anil Ghelani
Fund Size ₹1029.11 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth is suitable for investors who are looking for a low-cost way to invest in the Indian stock market. The fund has a low expense ratio of 0.4%, which is lower than the average expense ratio for large-cap index funds. The fund is also open-ended, which means that investors can buy and sell shares of the fund at any time.

AMC Contact Details

Name DSP Mutual Fund
Launch Date May 1996
Addresss NATRAJ, Office No. 302, 3rd Floor, Plot No - 194, MV Road Junction, Western Express Highway, Andheri (East) Mumbai
Contact 7738000030
Email [email protected]
Website https://www.dspim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth Feb 23 2024 is 23.1545

What is the AUM of DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth is 1029.11 crore.

What is the expense ratio of DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth is 0.4%

What are the returns of DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth since inception?

The DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth was launched on Sep 29 2017. The fund has delivered a CAGR of 14.16 since inception.

What is the minimum SIP amount to invest in DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth is 100.

How do I invest in DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.