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

DSP Nifty 50 Equal Weight Index Fund - Regular Plan - IDCW is a scheme launched by DSP Mutual Fund on October 23, 2017, and falls under the Index fund category. It currently manages an AUM of Rs 2,198.48 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 0.91% for managing the portfolio.

• 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 - IDCW trailing returns over different times are -6.16% (1 year), 10.42% (3 year) and 18.92% (5 year). The average annual return of this fund stands at 4.35%.