Dsp Nifty 50 Equal Weight Index Fund Overview
Category Index Fund
BMSMONEY Rank 2
BMSMONEY Rating
Growth Option As On: 24-04-2024
NAV ₹22.51 (R) +0.3% ₹23.22 (D) +0.31%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 38.54% 21.11% 17.1% -% -%
LumpSum Dir. P 39.26% 21.7% 17.65% -% -%
SIP Reg. P 35.49% 20.5% 22.88% -% -%
SIP Dir. P 36.22% 21.09% 23.47% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.9 0.49 1.03 1.4% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.48% -13.14% -9.87% 0.92 9.25%

NAV Date: 24-04-2024

Scheme Name NAV Rupee Change Percent Change
DSP Nifty 50 Equal Weight Index Fund - Regular Plan - IDCW 20.37
0.0600
0.3000%
DSP Nifty 50 Equal Weight Index Fund - Direct Plan - IDCW 21.07
0.0600
0.3100%
DSP Nifty 50 Equal Weight Index Fund - Regular Plan - Growth 22.51
0.0700
0.3000%
DSP Nifty 50 Equal Weight Index Fund - Direct Plan - Growth 23.22
0.0700
0.3100%

Review Date: March 28, 2024

The Index Funds category has 41 funds. Performance of the DSP Nifty 50 Equal Weight Index Fund has been analyzed on 20 performance parameters. Out of eight return parameters, the fund has four return parameters in first quartile; whereas one risk parameter (out of five) in first quartile. Similarly seven risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved second (out of 41 funds), which is very good rank in the Index Funds category.
Our ranking strategy involves a composite performance score that reflects the fund's returns, its associated risk, and its risk-adjusted performance for the last three years. We then use this composite performance score to rank the funds within each category.

The DSP Nifty 50 Equal Weight Index Fund has good return performance, as more than 75% 1 year and above return parameters are above average in Index Funds category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the DSP Nifty 50 Equal Weight Index Fund has given return of 0.15% in last one month which is very poor as it is in the fourth quartile in Index Funds.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the DSP Nifty 50 Equal Weight Index Fund has given return of 5.16% in last three month which is very good as it is in the top quartile in Index Funds.
  3. 1 Year Return%: The DSP Nifty 50 Equal Weight Index Fund has given return of 45.13% in last one year which is good as it is above average in Index Funds. The one year return rank of DSP Nifty 50 Equal Weight Index Fund is 30 in 88 funds. The investment of ₹ 10,000 in this fund would have become ₹ 14513.0 in one year.
  4. 3 Year Return%: The DSP Nifty 50 Equal Weight Index Fund has given return of 21.06% in last three year which is very good as it is in the top quartile with return rank of 10 in 38 funds. in Index Funds.
  5. 5 Year Return%: The DSP Nifty 50 Equal Weight Index Fund has given return of 17.15% in last five year which is very good as it is in the top quartile with return rank of 1 in 21 funds. in Index Funds.
  6. 1 Year SIP Return%: The DSP Nifty 50 Equal Weight Index Fund has given return of 21.41% in last one year which is good as it is above average with return rank of 28 in 88 funds. in Index Funds.
  7. 3 Year SIP Return%: The DSP Nifty 50 Equal Weight Index Fund has given return of 21.44% in last three year which is good as it is above average with return rank of 11 in 38 funds. in Index Funds.
  8. 5 Year SIP Return%: The DSP Nifty 50 Equal Weight Index Fund has given return of 23.14% in last five year which is very good as it is in the top quartile with return rank of 1 in 21 funds. in Index Funds.
    9. '
'

The DSP Nifty 50 Equal Weight Index Fund has average risk performance, as more than 25% risk parameters are above average Index Funds category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The DSP Nifty 50 Equal Weight Index Fund has standard deviation of 13.48 which is good as it is above average with risk rank of 18 in 31 funds. in Index Funds.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The DSP Nifty 50 Equal Weight Index Fund has semi deviation of 9.25 which is good as it is above average with risk rank of 18 in 31 funds. in Index Funds.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The DSP Nifty 50 Equal Weight Index Fund has max drawdown of -9.87% which is very good as it is in the top quartile with risk rank of 1 in 31 funds. in Index Funds.
  4. 1Y VaR at 95%: It is the maximum expected loss of an investment over a given time period with a given probability of confidence. The DSP Nifty 50 Equal Weight Index Fund has 1Y VaR at 95% of -13.14% which is good as it is above average with risk rank of 10 in 31 funds. in Index Funds.
  5. Average Drawdown %: It is the average of the drawdowns over a period of time. The DSP Nifty 50 Equal Weight Index Fund has average drawdown of -5.1% which is good as it is above average with risk rank of 19 in 31 funds. in Index Funds.
    6. '
'

The DSP Nifty 50 Equal Weight Index Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Index Funds category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The DSP Nifty 50 Equal Weight Index Fund has Sterling Ratio of 1.03 which is very good as it is in the top quartile with risk rank of 4 in 31 funds. in Index Funds.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The DSP Nifty 50 Equal Weight Index Fund has Sortino Ratio of 0.49 which is very good as it is in the top quartile with risk rank of 5 in 31 funds. in Index Funds.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The DSP Nifty 50 Equal Weight Index Fund has Jensen Alpha of 1.4% which is very good as it is in the top quartile with risk rank of 2 in 31 funds. in Index Funds.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The DSP Nifty 50 Equal Weight Index Fund has Treynor Ratio of 0.13 which is very good as it is in the top quartile with risk rank of 7 in 31 funds. in Index Funds.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The DSP Nifty 50 Equal Weight Index Fund has Modigliani Square Measure of 21.77% which is very good as it is in the top quartile with risk rank of 7 in 31 funds. in Index Funds.
  6. Alpha %: It is a measure of risk-adjusted return. The DSP Nifty 50 Equal Weight Index Fund has Alpha of -0.29% which is very good as it is in the top quartile with risk rank of 1 in 31 funds. in Index Funds.
    7. '
'


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 1.37
2.46
-4.44 | 10.97 60 | 87
No
No
No
3M Return % 6.08
5.95
-8.50 | 16.63 34 | 87
Yes
No
No
6M Return % 21.96
20.14
3.65 | 45.74 30 | 87
Yes
No
No
1Y Return % 38.54
32.76
6.08 | 75.87 31 | 87
Yes
No
No
3Y Return % 21.11
18.07
4.85 | 29.27 13 | 39
Yes
No
No
5Y Return % 17.10
15.03
13.98 | 17.86 4 | 21
Yes
Yes
No
1Y SIP Return % 35.49
31.78
6.35 | 70.84 30 | 87
Yes
No
No
3Y SIP Return % 20.50
17.81
3.68 | 30.54 13 | 39
Yes
No
No
5Y SIP Return % 22.88
18.16
15.87 | 23.89 4 | 21
Yes
Yes
No
Standard Deviation 13.48
14.50
12.66 | 20.32 18 | 31
Yes
No
No
Semi Deviation 9.25
9.98
8.42 | 15.07 18 | 31
Yes
No
No
Max Drawdown % -9.87
-12.92
-28.02 | -9.87 1 | 31
Yes
Yes
No
VaR 1 Y % -13.14
-16.83
-31.22 | -12.63 10 | 31
Yes
No
No
Average Drawdown % -5.10
-5.56
-9.44 | -3.89 19 | 31
Yes
No
No
Sharpe Ratio 0.90
0.65
0.21 | 1.11 7 | 31
Yes
Yes
No
Sterling Ratio 1.03
0.78
0.45 | 1.09 4 | 31
Yes
Yes
No
Sortino Ratio 0.49
0.35
0.13 | 0.61 5 | 31
Yes
Yes
No
Jensen Alpha % 1.40
-0.65
-1.84 | 4.21 2 | 31
Yes
Yes
No
Treynor Ratio 0.13
0.10
0.03 | 0.18 7 | 31
Yes
Yes
No
Modigliani Square Measure % 21.77
17.94
11.21 | 26.52 7 | 31
Yes
Yes
No
Alpha % -0.29
-1.12
-4.36 | -0.29 1 | 31
Yes
Yes
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 1.42 2.49 -4.40 | 11.03 59 | 87
No
No
No
3M Return % 6.23 6.04 -8.44 | 16.65 33 | 87
Yes
No
No
6M Return % 22.29 20.37 3.71 | 45.93 30 | 87
Yes
No
No
1Y Return % 39.26 33.33 6.34 | 77.06 30 | 87
Yes
No
No
3Y Return % 21.70 18.61 5.11 | 30.19 13 | 39
Yes
No
No
5Y Return % 17.65 15.46 14.59 | 18.42 4 | 21
Yes
Yes
No
1Y SIP Return % 36.22 32.32 6.62 | 71.52 29 | 87
Yes
No
No
3Y SIP Return % 21.09 18.33 3.94 | 31.41 13 | 39
Yes
No
No
5Y SIP Return % 23.47 18.59 16.55 | 24.30 4 | 21
Yes
Yes
No
Standard Deviation 13.48 14.50 12.66 | 20.32 18 | 31
Yes
No
No
Semi Deviation 9.25 9.98 8.42 | 15.07 18 | 31
Yes
No
No
Max Drawdown % -9.87 -12.92 -28.02 | -9.87 1 | 31
Yes
Yes
No
VaR 1 Y % -13.14 -16.83 -31.22 | -12.63 10 | 31
Yes
No
No
Average Drawdown % -5.10 -5.56 -9.44 | -3.89 19 | 31
Yes
No
No
Sharpe Ratio 0.90 0.65 0.21 | 1.11 7 | 31
Yes
Yes
No
Sterling Ratio 1.03 0.78 0.45 | 1.09 4 | 31
Yes
Yes
No
Sortino Ratio 0.49 0.35 0.13 | 0.61 5 | 31
Yes
Yes
No
Jensen Alpha % 1.40 -0.65 -1.84 | 4.21 2 | 31
Yes
Yes
No
Treynor Ratio 0.13 0.10 0.03 | 0.18 7 | 31
Yes
Yes
No
Modigliani Square Measure % 21.77 17.94 11.21 | 26.52 7 | 31
Yes
Yes
No
Alpha % -0.29 -1.12 -4.36 | -0.29 1 | 31
Yes
Yes
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.3 ₹ 10030.0 0.31 ₹ 10031.0
1W 1.99 ₹ 10199.0 2.0 ₹ 10200.0
1M 1.37 ₹ 10137.0 1.42 ₹ 10142.0
3M 6.08 ₹ 10608.0 6.23 ₹ 10623.0
6M 21.96 ₹ 12196.0 22.29 ₹ 12229.0
1Y 38.54 ₹ 13854.0 39.26 ₹ 13926.0
3Y 21.11 ₹ 17765.0 21.7 ₹ 18025.0
5Y 17.1 ₹ 22015.0 17.65 ₹ 22537.0
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 35.4938 ₹ 14196.696 36.22 ₹ 14239.752
3Y ₹ 36000 20.4995 ₹ 48617.64 21.0949 ₹ 49022.532
5Y ₹ 60000 22.8812 ₹ 105857.4 23.4658 ₹ 107360.04
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
24-04-2024 22.5109 23.222
23-04-2024 22.4425 23.1511
22-04-2024 22.3966 23.1033
19-04-2024 22.1614 22.8596
18-04-2024 22.0709 22.7659
16-04-2024 22.2741 22.9747
15-04-2024 22.398 23.1022
12-04-2024 22.6284 23.3387
09-04-2024 22.7562 23.4693
08-04-2024 22.7931 23.5069
05-04-2024 22.6282 23.3358
04-04-2024 22.668 23.3764
03-04-2024 22.6471 23.3545
02-04-2024 22.6767 23.3846
01-04-2024 22.6212 23.327
28-03-2024 22.4821 23.182
27-03-2024 22.1979 22.8886
26-03-2024 22.2067 22.8974
22-03-2024 22.2473 22.9377
21-03-2024 22.0814 22.7662
20-03-2024 21.845 22.5222
19-03-2024 21.8161 22.492
18-03-2024 22.1119 22.7966
15-03-2024 22.0631 22.7452
14-03-2024 22.1806 22.8658
13-03-2024 21.9301 22.6073
12-03-2024 22.4628 23.1561
11-03-2024 22.587 23.2837
07-03-2024 22.692 23.3904
06-03-2024 22.6092 23.3046
05-03-2024 22.5217 23.2141
04-03-2024 22.5471 23.2399
01-03-2024 22.4571 23.146
29-02-2024 22.1555 22.8348
28-02-2024 22.13 22.8081
27-02-2024 22.448 23.1355
26-02-2024 22.378 23.063
23-02-2024 22.4678 23.1545
22-02-2024 22.4725 23.159
21-02-2024 22.2931 22.9739
20-02-2024 22.4504 23.1357
19-02-2024 22.4372 23.1217
16-02-2024 22.3746 23.0563
15-02-2024 22.1816 22.8571
14-02-2024 22.0711 22.7428
13-02-2024 21.9175 22.5843
12-02-2024 21.8296 22.4934
09-02-2024 21.9845 22.652
08-02-2024 21.9343 22.5999
07-02-2024 22.1064 22.7769
06-02-2024 22.0676 22.7367
05-02-2024 21.8436 22.5055
02-02-2024 21.89 22.5523
01-02-2024 21.6239 22.2779
31-01-2024 21.6631 22.318
30-01-2024 21.4006 22.0472
29-01-2024 21.5641 22.2153
25-01-2024 21.2214 21.861
24-01-2024 21.3323 21.975
23-01-2024 21.0465 21.6802
19-01-2024 21.4378 22.0821
18-01-2024 21.2144 21.8517
17-01-2024 21.3305 21.971
16-01-2024 21.6069 22.2554
15-01-2024 21.6806 22.3309
12-01-2024 21.5487 22.1941
11-01-2024 21.363 22.0025
10-01-2024 21.3174 21.9553
09-01-2024 21.2919 21.9287
08-01-2024 21.2005 21.8342
05-01-2024 21.3848 22.0231
04-01-2024 21.36 21.9973
03-01-2024 21.2465 21.8801
02-01-2024 21.3723 22.0093
01-01-2024 21.4087 22.0465
29-12-2023 21.3786 22.0146
28-12-2023 21.3916 22.0276
27-12-2023 21.209 21.8393
26-12-2023 20.9956 21.6192
22-12-2023 20.8408 21.4587
21-12-2023 20.65 21.2619
20-12-2023 20.5661 21.1752
19-12-2023 20.9658 21.5864
18-12-2023 20.9376 21.557
15-12-2023 20.9641 21.5835
14-12-2023 20.7236 21.3356
13-12-2023 20.5369 21.143
12-12-2023 20.4623 21.0659
11-12-2023 20.4945 21.0987
08-12-2023 20.4576 21.0599
07-12-2023 20.4701 21.0724
06-12-2023 20.4666 21.0686
05-12-2023 20.4352 21.036
04-12-2023 20.2344 20.8289
01-12-2023 19.8884 20.4719
30-11-2023 19.7999 20.3805
29-11-2023 19.686 20.263
28-11-2023 19.5274 20.0994
24-11-2023 19.3391 19.9045
23-11-2023 19.3714 19.9374
22-11-2023 19.3827 19.9488
21-11-2023 19.3447 19.9094
20-11-2023 19.2584 19.8203
17-11-2023 19.2971 19.8593
16-11-2023 19.2588 19.8196
15-11-2023 19.1451 19.7023
13-11-2023 18.917 19.467
10-11-2023 18.8555 19.4028
09-11-2023 18.8363 19.3828
08-11-2023 18.8405 19.3869
07-11-2023 18.7708 19.3149
06-11-2023 18.7453 19.2884
03-11-2023 18.5569 19.0937
02-11-2023 18.4446 18.9779
01-11-2023 18.2923 18.821
31-10-2023 18.4009 18.9324
30-10-2023 18.4107 18.9423
27-10-2023 18.378 18.9078
26-10-2023 18.194 18.7182
25-10-2023 18.4576 18.9891
23-10-2023 18.588 19.1227
20-10-2023 18.8854 19.4279
19-10-2023 18.9957 19.5412
18-10-2023 18.9651 19.5094
17-10-2023 19.042 19.5882
16-10-2023 18.9597 19.5034
13-10-2023 18.9546 19.4973
12-10-2023 18.9415 19.4836
11-10-2023 18.9507 19.4928
10-10-2023 18.8298 19.3681
09-10-2023 18.6397 19.1724
06-10-2023 18.7784 19.3142
05-10-2023 18.6493 19.1812
04-10-2023 18.5815 19.1112
03-10-2023 18.726 19.2595
29-09-2023 18.8502 19.3862
27-09-2023 18.9239 19.4615
26-09-2023 18.869 19.4048
25-09-2023 18.8626 19.3979
22-09-2023 18.8515 19.3857
21-09-2023 18.8985 19.4338
20-09-2023 19.0309 19.5697
18-09-2023 19.1839 19.7265
15-09-2023 19.1648 19.7061
14-09-2023 19.0803 19.619
13-09-2023 18.9997 19.5358
12-09-2023 18.9118 19.4451
11-09-2023 19.0263 19.5627
08-09-2023 18.8287 19.3587
07-09-2023 18.7541 19.2817
06-09-2023 18.6469 19.1713
05-09-2023 18.6163 19.1395
04-09-2023 18.5644 19.0859
01-09-2023 18.4234 18.9402
31-08-2023 18.1852 18.695
30-08-2023 18.2986 18.8114
29-08-2023 18.2775 18.7894
28-08-2023 18.1962 18.7056
25-08-2023 18.1485 18.6558
24-08-2023 18.2765 18.7872
23-08-2023 18.3231 18.8348
22-08-2023 18.315 18.8263
21-08-2023 18.2937 18.8041
18-08-2023 18.1569 18.6627
17-08-2023 18.2077 18.7146
16-08-2023 18.2512 18.7591
14-08-2023 18.2208 18.7274
11-08-2023 18.276 18.7833
10-08-2023 18.383 18.8931
09-08-2023 18.4328 18.944
08-08-2023 18.3279 18.8359
07-08-2023 18.3402 18.8484
04-08-2023 18.2389 18.7435
03-08-2023 18.1564 18.6584
02-08-2023 18.2577 18.7623
01-08-2023 18.461 18.971
31-07-2023 18.4794 18.9896
28-07-2023 18.3604 18.8666
27-07-2023 18.3147 18.8194
26-07-2023 18.3858 18.8921
25-07-2023 18.327 18.8315
24-07-2023 18.29 18.7932
21-07-2023 18.29 18.7925
20-07-2023 18.4273 18.9333
19-07-2023 18.3215 18.8244
18-07-2023 18.2524 18.7531
17-07-2023 18.2886 18.7901
14-07-2023 18.2232 18.7221
13-07-2023 18.0686 18.563
12-07-2023 18.0975 18.5925
11-07-2023 18.1325 18.6282
10-07-2023 18.0323 18.525
07-07-2023 18.0661 18.559
06-07-2023 18.2374 18.7346
05-07-2023 18.1404 18.6348
04-07-2023 18.0358 18.5271
03-07-2023 17.9709 18.4601
30-06-2023 17.9197 18.4068
28-06-2023 17.7407 18.2225
27-06-2023 17.5942 18.0717
26-06-2023 17.4965 17.9712
23-06-2023 17.3997 17.871
22-06-2023 17.5463 18.0214
21-06-2023 17.6635 18.1414
20-06-2023 17.6562 18.1337
19-06-2023 17.5823 18.0575
16-06-2023 17.6546 18.131
15-06-2023 17.5408 18.0139
14-06-2023 17.5405 18.0134
13-06-2023 17.4787 17.9497
12-06-2023 17.3869 17.8552
09-06-2023 17.3236 17.7895
08-06-2023 17.3944 17.8619
07-06-2023 17.5087 17.9791
06-06-2023 17.3422 17.8079
05-06-2023 17.2917 17.7557
02-06-2023 17.2525 17.7148
01-06-2023 17.1652 17.6248
31-05-2023 17.1646 17.624
30-05-2023 17.1832 17.6429
29-05-2023 17.1895 17.6491
26-05-2023 17.1047 17.5613
25-05-2023 16.9642 17.4168
24-05-2023 16.9113 17.3623
23-05-2023 16.9344 17.3858
22-05-2023 16.8426 17.2913
19-05-2023 16.6622 17.1053
18-05-2023 16.6167 17.0584
17-05-2023 16.7178 17.162
16-05-2023 16.7897 17.2355
15-05-2023 16.8406 17.2876
12-05-2023 16.7815 17.2261
11-05-2023 16.8097 17.2549
10-05-2023 16.8111 17.2561
09-05-2023 16.7563 17.1996
08-05-2023 16.7504 17.1934
05-05-2023 16.5755 17.0131
04-05-2023 16.653 17.0924
03-05-2023 16.5311 16.9671
02-05-2023 16.5983 17.0358
28-04-2023 16.505 16.9391
27-04-2023 16.3424 16.772
26-04-2023 16.2488 16.6758
25-04-2023 16.2036 16.6292
24-04-2023 16.1665 16.5909

Fund Launch Date: 29/Sep/2017
Fund Category: Index Fund
Investment Objective: To invest in companies which areconstituents of NIFTY 50 EqualWeight Index (underlying Index) inthe same proportion as in the indexand seeks to generate returns thatare commensurate (before fees andexpenses) with the performance ofthe underlying Index.
Fund Description: An open ended scheme replicating NIFTY 50 Equal Weight Index
Fund Benchmark: NIFTY 50 Equal Weight Index
Source: Fund FactSheet

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