MonitorDirect · GrowthWatch before adding
DSP Nifty Next 50 Index Fund
- NAV
- 27.0521
- 29 Oct 2026
- 1Y
- -2.4%
- Trailing CAGR
- AUM
- ₹1,349.9 Cr
- 30 Sept 2026
- Volatility
- High
- 18.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 73% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer ICICI Prudential Nifty Auto Index Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
7.7 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.39% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -36.0%. Ask whether you can hold through a similar fall.
Vs category
Pass
73% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 33.7% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 36%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.4%
- 3Y+16.3%
- 5Y+10.7%
- 10Yn/a
- SI+13.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-2.5%
- 3Y+3.7%
- 5Y+10.7%
- 10Yn/a
- Since inception
- +13.8%
- Calendar-day CAGR
- Excess 1Y
- +1.6%
- Category median, same plan and option
- 3Y win rate
- +73%
- Windows beating the median
- 3Y percentile
- 92
- Vs comparable share classes
- SIP 3Y XIRR
- +3.7%
- Simulated monthly SIP
- Worst rolling 3Y
- +9.6%
- 1155 daily-ending windows
- Median rolling 3Y
- +18.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 663 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -36.0%
- Worst peak-to-trough
- Current
- -11.4%
- Below last peak
- Current spell
- 762 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 15 days
- 61 recovered episodes
- Longest recovery
- 235 days
- Trough to prior peak
24 Jan 2020 – 13 Nov 2020
Trough 23 Mar 2020 · recovered in 235 days
-36.0%
27 Sept 2024 – open
Trough 28 Feb 2025 · not recovered
-26.6%
18 Oct 2021 – 12 Sept 2022
Trough 20 Jun 2022 · recovered in 84 days
-20.1%
15 Sept 2022 – 31 Jul 2023
Trough 28 Mar 2023 · recovered in 125 days
-18.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
92
Vs category
60
Consistency
61
Risk-adjusted
49
Drawdown
10
Mean
54
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- The fund beat the category median in 73% of rolling 3-year windows.
- Three-year return is above the category median.
Portfolio
30 Sept 2026 · 51 holdings · top 10 are 33.7%.
- Top 5
- 19.5%
- Top 10
- 33.7%
- Largest holding
- 4.8%
- Effective holdings
- 42.3
Divi's Laboratories Ltd
Healthcare
4.8%
TVS Motor Company Ltd
Consumer Discretionary
4.0%
Hindustan Aeronautics Ltd
Industrials
3.6%
Tata Motors Ltd
Industrials
3.6%
Adani Power Ltd
Energy & Utilities
3.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Nifty Auto Index Fund
ICICI Prudential Mutual Fund
- 1Y
- -4.2%
- 3Y
- +17.0%
- Vol
- 18.0%
- Max DD
- -28.3%
- Sharpe
- 0.78
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Kotak Nifty Next 50 Index Fund
Kotak Mahindra Mutual Fund
- 1Y
- -2.3%
- 3Y
- +16.4%
- Vol
- 17.5%
- Max DD
- -26.3%
- Sharpe
- 0.50
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund
Edelweiss Mutual Fund
- 1Y
- +5.4%
- 3Y
- n/a
- Vol
- 0.9%
- Max DD
- -0.5%
- Sharpe
- 1.37
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Kotak Mahindra Mutual Fund
- 1Y
- +6.5%
- 3Y
- n/a
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 2.30
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Nippon India Nifty India Manufacturing Index Fund
Nippon India Mutual Fund
- 1Y
- -1.8%
- 3Y
- n/a
- Vol
- 15.2%
- Max DD
- -12.8%
- Sharpe
- -0.01
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns