DSP Nifty 50 Equal Weight Index Fund Direct Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.87
• Std Deviation 12.66%
• Tracking Error 0.00%

To invest in companies which are constituents of NIFTY 50 Equal Weight 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.

The DSP Nifty 50 Equal Weight Index Fund Direct Growth has an AUM of 2390.06 crores & has delivered CAGR of 17.53% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.41%. The minimum investment in DSP Nifty 50 Equal Weight Index Fund Direct Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include Tata Steel, JSW Steel, Shriram Finance & AXIS Bank Ltd.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Auto & Truck Manufacturers & Consumer Financial Services.

Some of the similar funds are Nippon India Nifty Smallcap 250 Index Fund Dir Gr, DSP Nifty 50 Equal Weight Index Fund Direct Growth, Bandhan Nifty 50 Index Fund Direct Plan Growth, HDFC NIFTY Next 50 Index Fund Direct Growth, Motilal Oswal Nifty Microcap 250 Index Fund Direct Growth. DSP Nifty 50 Equal Weight Index Fund Direct Growth has a sharpe ratio of 0.87 & a standard deviation of 12.66%.