NFO Alert: DSP Mutual Fund Launches 2 New Schemes

DSP Mutual Fund has opened subscriptions for 2 new equity schemes under its latest New Fund Offer (NFO) window. The DSP Nifty 500 Index Fund and the DSP Nifty Next 50 ETF opened for subscription on December 19, 2025, and will close on December 30, 2025. 

Both schemes are open-ended and will be available for ongoing transactions after the NFO period. The riskometer for both schemes is marked as very high. 

DSP Nifty 500 Index Fund 

The DSP Nifty 500 Index Fund is offered in Direct and Regular plans, with Growth and IDCW options. It is classified under the equity flexi-cap category and is benchmarked against the Nifty 500 Total Returns Index. The minimum investment amount is ₹100.  

The scheme does not have a lock-in period and does not charge an exit load. 

As per the scheme document, the fund aims to generate returns aligned with the performance of the Nifty 500 Index, subject to tracking error. The fund manager for the scheme is Anil Ghelani.  

DSP Nifty Next 50 ETF  

The 2nd offering is the DSP Nifty Next 50 ETF, which tracks the Nifty Next 50 Total Returns Index. The scheme falls under the equity large-cap category and is available under the Growth option. The minimum investment required during the NFO is ₹5,000.  

There is no lock-in period or exit load mentioned for the scheme. 

The ETF is to reflect the performance of the Nifty Next 50 Index, subject to tracking differences. The scheme is managed by Anil Ghelani and carries a very high risk classification. 

Fund Management and Benchmarks 

Both schemes follow a passive investment approach, with portfolios constructed to mirror their respective benchmark indices. Portfolio changes are expected to be in line with index reconstitution and weight changes, rather than active stock selection. 

Read More: ICICI Prudential Files Draft Documents for 2 Specialised Investment Funds (SIFs)! 

Conclusion 

With these two launches, DSP Mutual Fund has added an index fund and an exchange-traded fund to its equity offerings. Subscriptions for both schemes remain open until 30 December 2025. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Mutual Fund Investments are subject to market risks, read all the related documents carefully before investing.