About the Company:
DSP Mutual Fund is one of India’s leading asset management companies, offering a wide range of investment solutions across equity, debt, and hybrid funds. With a strong focus on innovation and transparency, it caters to diverse investor needs.
About the Fund:
The DSP BSE Sensex Next 30 Index Fund Direct Growth is a mutual fund scheme launched on December 16, 1996, by DSP Mutual Fund. Managed by Anil Ghelani, it offers investors exposure to the BSE Sensex Next 30 Index, providing opportunities for long-term growth through a diversified equity portfolio.
Type of Fund:
The DSP BSE Sensex Next 30 Index Fund Direct Growth is an open-ended equity index fund
AUM (Asset Under Management):
The Assets Under Management (AUM) of DSP BSE Sensex Next 30 Index Fund Direct Growth stands at NACr as of January 20, 2025.
NAV:
As of January 10, 2025, the NAV of DSP BSE Sensex Next 30 Index Fund Direct Growth stands at ₹10.00.
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Manager:
The fund is managed by Anil Ghelani and Diipesh Shah, seasoned professionals with extensive financial markets experience. Ghelani brings expertise from IL&FS and S.R. Batliboi, while Shah has worked with JM Financial and ICICI Securities, ensuring robust portfolio management.
Open and Close Date:
The DSP BSE SENSEX Next 30 Index Fund is open-ended, meaning it does not have specific open and close dates. Investors can subscribe or redeem units on any business day.
Minimum and Maximum Investment:
The minimum investment required is ₹100. There is no maximum investment limit.
Benchmark Name:
The benchmark for DSP BSE Sensex Next 30 Index Fund Direct Growth is the BSE Sensex Next 30 Index.
Stamp duty
The stamp duty for DSP BSE SENSEX Next 30 Index Fund is 0.005%, applicable from July 1, 2020.
Objective:
The fund’s objective is to replicate the performance of the BSE Sensex Next 30 Index by investing in the same proportions as the index constituents. It aims to deliver returns aligned with the index’s performance while ensuring efficient tracking. The fund is suitable for investors seeking equity exposure with minimal SIP and lump sum investment requirements.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
