December 16, 2025
RA Jainee
DSP Nifty Next 50 ETF-Growth
DSP Nifty Next 50 ETF-Growth snapshot
| NFO opens on | 19 December 2025 |
| NFO Closes on | 30 December 2025 |
| Min. Investment | Rs. 5000 |
| Plans | Growth |
| Sahifund Verdict | DSP Nifty Next 50 ETF–Growth offers passive exposure to India’s emerging large-cap space through the Nifty Next 50 TRI. The index captures companies that are potential future entrants into the Nifty 50 and has historically delivered higher long-term growth, albeit with higher volatility. With zero exit load, transparent rules-based investing, and a strong fund management pedigree, the ETF suits long-term investors with high risk appetite. However, short-term return visibility remains limited due to index cyclicality. |
⏱️ Last Update: 20 December 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the DSP Nifty Next 50 ETF-Growth Open Date, Close Date?
NFO opens on December 19, 2025
NFO will close on December 30, 2025
Investment Strategy for this NFO?
The Scheme seeks to generate returns that are commensurate with the performance of the Nifty Next 50 Index, subject to tracking error.
Basic Details
| Fund House | DSP Mutual Fund |
| Issue Open | 19 December 2025 |
| Issue Close | 30 December 2025 |
| Type | Open-ended |
| Category | Equity: Large Cap |
| Min. Investment(₹) | 5,000 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | Very High |
| Benchmark | NIFTY Next 50 TRI |
About Benchmark Index for this NFO?
The Nifty Next 50 Index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies.
Nifty Next 50 is computed using free float market capitalization method wherein the level of the index reflects total free float market value of all the stocks in the index relative to a particular base market capitalization value. Nifty Next 50 Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Next 50 Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 50 |
| Launch Date | December 24, 1996 |
| Base Date | November 04, 1996 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of DSP Nifty Next 50 ETF-Growth
1) Anil Ghelani
Education: Mr. Ghelani has done B. Com., CFA & CA
Experience: Prior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.
2) Diipesh Shah
Education: Mr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I Cleared
Experience: Prior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.
AMC
DSP Investment Managers Pvt. Ltd.
Address: The Ruby, 25th Floor 29, Senapati Bapat Marg, Dadar (West), Mumbai Mumbai – 400028
Website: https://www.dspim.com/
Registrar & Transfer Agent
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Review for DSP Nifty Next 50 ETF-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Next 50 TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 1.90 | 1.69 | -2.25 | 17.91 | 15.68 |
| Total Return | 2.00 | 2.56 | -1.33 | 18.86 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 17.50 | 17.44 | 25.47 |
| Beta (NIFTY 50) | 1.16 | 1.00 | 0.96 |
| Correlation (NIFTY 50) | 0.80 | 0.81 | 0.85 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 20.12 | 3.6 | 1.4 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| Vedanta Ltd. | 3.86 |
| Hindustan Aeronautics Ltd. | 3.74 |
| TVS Motor Company Ltd. | 3.59 |
| Divi’s Laboratories Ltd. | 3.56 |
| Cholamandalam Investment and Finance Company Ltd. | 3.17 |
| Bharat Petroleum Corporation Ltd | 3.01 |
| Britannia Industries Ltd. | 2.99 |
| Tata Power Co. Ltd. | 2.84 |
| Indian Hotels Co. Ltd. | 2.83 |
| Varun Beverages Ltd. | 2.83 |
Past Performance of Anil Ghelani
| Fund | DSP Nifty 50 Index Fund | It’s Benchmark | DSP Nifty Next 50 Index Fund | It’s Benchmark |
| 1 Year | 6.17 | 4.95 | -5.36 | 4.95 |
| 3 Year | 13.26 | 14.66 | 16.84 | 14.66 |
| 5 Year | 14.97 | 16.22 | 17.03 | 16.22 |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 16-12-2025
Past Performance of Diipesh Shah
| Fund | DSP Nifty 50 ETF | It’s Benchmark | DSP Nifty Midcap 150 Quality 50 ETF | It’s Benchmark |
| 1 Year | 6.31 | 4.95 | -3.74 | 0.19 |
| 3 Year | 13.45 | 14.66 | 13.93 | 21.89 |
| 5 Year | — | — | — | — |
| 7 Year | — | — | — | — |
| 10 Year | — | — | — | — |
As on 16-12-2025
[B] Review of Fund Managers
Anil Ghelani
-
Background: Mr. Ghelani has done B. Com., CFA & CA, Prior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.
Diipesh Shah
-
Background: Mr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I Cleared, Prior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.
Sahifund Verdict:
DSP Nifty Next 50 ETF–Growth: Detailed Review (8–10 lines)
DSP Nifty Next 50 ETF–Growth is designed to mirror the performance of the Nifty Next 50 Total Returns Index, subject to tracking error. The index represents 50 stocks ranked just below the Nifty 50, making it a high-growth but high-volatility segment of the market. Historically, the index has delivered strong long-term returns, supported by its role as a feeder universe for future large-cap leaders.
The ETF follows a capped free-float methodology with semi-annual rebalancing, ensuring diversification across sectors and stocks. Current index fundamentals appear reasonable with a P/E of ~20 and dividend yield of 1.4%. However, near-term performance can be volatile, as reflected in muted 1-year returns.
Backed by experienced fund managers Anil Ghelani and Diipesh Shah, and DSP’s strong passive investing framework, the ETF is suitable for investors looking to complement Nifty 50 exposure over a long investment horizon of 7–10 years. Conservative or short-term investors should approach cautiously.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in DSP Nifty Next 50 ETF-Growth NFO?
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