DSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth

DSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth is a fund scheme from DSP mutual fund. It falls under a Index category. After being launched on 2017-10-23. DSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth has achieved Rs 1945.75 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 100 and lumpsum of Rs 100 to start the investment. The expense ratio of this fund is 0.91%.

• Investing Strategy:

  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.

• Performance:

  DSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth trailing returns over different times are 6.26% (1 year), 15.87% (3 year), 25.2% (5 year). The average annual return of this fund stands at 6.26%

• Fund Manager & Portfolio Allocation:

  Anil Ghelani, Diipesh Shah are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Financial Services, Consumer Cyclical, Basic Materials, Consumer Defensive, Energy, Sectors. First five holdings of this fund are Bajaj Finance Ltd, Tata Consumer Products Ltd, Maruti Suzuki India Ltd, Bajaj Finserv Ltd, Oil & Natural Gas Corp Ltd, Treps / Reverse Repo Investments, Net Receivables/Payables Companies.