DSP Nifty Next 50 Index Fund
An open ended scheme replicating / tracking NIFTY NEXT 50 Index
DSP Nifty Next 50 Index Fund
An open ended scheme replicating / tracking NIFTY NEXT 50 Index

Invests in 50 stocks beyond Nifty 50
The index aims to capture mega caps of tomorrow b catching them early in their growth cycle

Fund Manager

Anil Ghelani
Total work experience of 21 years.
Managing this Scheme since July 2019.

Inception date

February 21, 2019

Benchmark

NIFTY Next 50 TRI

NAV AS ON JULY 31, 2020
Regular Plan  
Growth: ₹ 10.3262
Direct Plan  
Growth: ₹ 10.3711
Total aum

₹ 66 Cr

Monthly average aum

₹ 64 Cr

Portfolio Turnover Ratio(Last 10 months):

1.94

Month End Expense Ratio
Regular Plan : 0.58%
Direct Plan : 0.29%

Exit Load

Nil

Name of Instrument Rating % to Net Assets
EQUITY & EQUITY RELATED
Listed / awaiting listing on the stock exchanges
Finance 22.53
✔ SBI Life Insurance Company Limited 4.79
✔ ICICI Lombard General Insurance Company Limited 3.51
Piramal Enterprises Limited 2.24
ICICI Prudential Life Insurance Company Limited 2.19
Muthoot Finance Limited 1.86
HDFC Asset Management Company Limited 1.80
Bajaj Holdings & Investment Limited 1.79
Shriram Transport Finance Company Limited 1.57
Power Finance Corporation Limited 1.26
SBI Cards and Payment Services Limited 1.01
General Insurance Corporation of India 0.48
Shriram Transport Finance Company Limited - Rights^ 0.03
Consumer Non Durables 19.30
✔ Dabur India Limited 3.91
✔ Godrej Consumer Products Limited 3.52
Colgate Palmolive (India) Limited 2.55
Marico Limited 2.53
United Spirits Limited 2.33
Berger Paints (I) Limited 1.72
United Breweries Limited 1.42
Procter & Gamble Hygiene and Health Care Limited 1.31
Pharmaceuticals 17.45
✔ Divi's Laboratories Limited 4.49
✔ Aurobindo Pharma Limited 3.31
✔ Lupin Limited 3.00
Biocon Limited 2.45
Torrent Pharmaceuticals Limited 1.76
Cadila Healthcare Limited 1.34
Abbott India Limited 1.11
Gas 4.41
Petronet LNG Limited 2.50
Indraprastha Gas Limited 1.90
Retailing 4.14
✔ Avenue Supermarts Limited 4.14
Software 3.92
✔ Info Edge (India) Limited 3.00
Oracle Financial Services Software Limited 0.92
Cement 3.80
Ambuja Cements Limited 2.18
ACC Limited 1.62
Banks 3.19
Bandhan Bank Limited 1.87
Bank of Baroda 0.76
Punjab National Bank 0.57
Auto Ancillaries 3.04
Motherson Sumi Systems Limited 1.53
Bosch Limited 1.51
Transportation 2.93
Container Corporation of India Limited 1.67
Interglobe Aviation Limited 1.27
Chemicals 2.79
✔ Pidilite Industries Limited 2.79
Petroleum Products 2.16
Hindustan Petroleum Corporation Limited 2.16
Consumer Durables 1.97
Havells India Limited 1.97
Textile Products 1.55
Page Industries Limited 1.55
Industrial Capital Goods 1.39
Siemens Limited 1.39
Construction 1.18
DLF Limited 1.18
Minerals/Mining 1.04
NMDC Limited 1.04
power 0.87
Adani Transmission Limited 0.87
Non - Ferrous Metals 0.72
Hindustan Zinc Limited 0.72
Power 0.69
NHPC Limited 0.69
Total 99.08
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 0.21
Total 0.21
Fixed Deposit
Citibank N.A. Unrated 0.14
Total 0.14
Cash & Cash Equivalent
Net Receivables/Payables 0.57
Total 0.57
GRAND TOTAL 100.00

✔ Top Ten Holdings
^Pending Listing
Subject to SEBI (MF) Regulations and the applicable guidelines issued by SEBI, Scheme has entered into securities lending in accordance with the framework specified in this regard.


Investment Objective

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, subject to tracking error.
However, there is no assurance that the objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Product Labelling

This open ended equity Scheme is suitable for investors who are seeking*
• Long-term capital growth
• Returns that are commensurate with the performance of NIFTY Next 50 Index, subject to tracking error.

* Investors should consult their financial advisors if in doubt whether the product is suitable for them.