DSP Nifty Next 50 Index Fund
The scheme seeks 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.
Growthvine rating: 5/5 — ranked #22 of 245 in category.
Fund basics
| Category | Equity: Index |
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| NAV | ₹25.46 (as of 2026-10-23) |
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| AUM | ₹1,407 Cr |
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| Expense ratio | 0.80% |
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| Riskometer | Very High |
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| Fund manager | Anil Ghelani |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 10.39% |
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| Sharpe ratio | 0.55 |
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| Standard deviation | 20.42% |
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| Max drawdown | −36.05% |
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| Alpha | 7.45 |
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| Beta | 1.27 |
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Market cap allocation
| Large cap | 98.6% |
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| Mid cap | 1.4% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 36.3% |
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| Top 10 holdings | 52.3% |
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| Total holdings | 50 |
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Top holdings
- HDFC Bank Ltd. — 10.4%
- ICICI Bank Ltd. — 9.1%
- Reliance Industries Ltd — 7.6%
- Bharti Airtel Ltd. — 5.1%
- Larsen & Toubro Limited — 4.2%
- State Bank Of India — 3.8%
- AXIS Bank Ltd. — 3.4%
- Infosys Ltd — 3.4%
- Kotak Mahindra Bank Ltd. — 2.9%
- Mahindra & Mahindra Ltd. — 2.5%
Top sectors
- Banking & Financial — 30.7%
- Petroleum Products — 7.6%
- Software & Services — 7.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −4.9% | — | — |
| 2025 | 2.4% | — | — |
| 2024 | 27.1% | — | — |
| 2023 | 26.7% | — | — |
| 2022 | 0.4% | — | — |