DSP Nifty Top 10 Equal Weight Index Fund
- NAV as on 25 Sep 2026
- ₹8.46+0.19%1 day
- Return since launch
- -7.2%
- 52-week range
- ₹8.45 — ₹10.43
- AUM
- ₹1,140 Cr
DSP Nifty Top 10 Equal Weight Index Fund is a Large Cap Index equity fund from DSP Mutual Fund with ₹1,140 Cr under management, launched in 2024. The expense ratio is 1.04% and the SEBI riskometer reading is Very High.
Performance
DSP Nifty Top 10 Equal Weight Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -11.9% against -5.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -17.3% | −15.5 pts | -1.8% | -9.3% |
| 2Y | -11.1% | −9.3 pts | -1.8% | -4.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.9% | −0.6 pts | -4.3% | -3.9% |
| 3M | -4.7% | −2.7 pts | -2.0% | -2.4% |
| 6M | -2.2% | −7.9 pts | 5.7% | 3.3% |
| 1Y | -11.9% | −10.1 pts | -1.8% | -5.2% |
| 2Y | -9.4% | −4.2 pts | -5.2% | -5.4% |
Since launch (16 Aug 2024): -7.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.4% | −0.2 pts | 8.6% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.04%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.80%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.23%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty Top 10 Equal Weight TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
DSP Nifty Top 10 Equal Weight Index Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity100.0%
- Other0.0%
Market cap split
- Large100.0%
- P/E
- 19.88
- P/B
- 2.84
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Tata Consultancy Services Ltd. | Technology | 11.47% | ₹131 Cr | +9.32% | +8.71% | +9.56% |
| Infosys Ltd. | Technology | 10.82% | ₹123 Cr | +8.99% | +8.50% | +9.71% |
| ICICI Bank Ltd. | Financial | 10.67% | ₹122 Cr | +9.94% | +11.06% | +10.46% |
| Kotak Mahindra Bank Ltd. | Financial | 10.41% | ₹119 Cr | +10.37% | +10.39% | +9.52% |
| Reliance Industries Ltd. | Energy | 9.80% | ₹112 Cr | +9.26% | +9.69% | +9.87% |
| Larsen & Toubro Ltd. | Construction | 9.75% | ₹111 Cr | +11.47% | +11.45% | +10.62% |
| Bharti Airtel Ltd. | Communication | 9.73% | ₹111 Cr | +10.05% | +9.67% | +10.26% |
| Axis Bank Ltd. | Financial | 9.46% | ₹108 Cr | +10.68% | +12.21% | +9.20% |
| HDFC Bank Ltd. | Financial | 9.01% | ₹103 Cr | +9.64% | +9.69% | +10.26% |
| ITC Ltd. | Consumer Staples | 8.87% | ₹101 Cr | +9.75% | +8.41% | +10.50% |
| Others | Others | 0.01% | ₹0.12 Cr | +0.46% | +0.16% | -0.50% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | -2.71% | -0.10% | +2.61% |
| ITC Ltd. | 9.80% | 8.87% | -0.93% |
| Bharti Airtel Ltd. | 10.63% | 9.73% | -0.90% |
| Kotak Mahindra Bank Ltd. | 9.73% | 10.41% | +0.68% |
| HDFC Bank Ltd. | 9.55% | 9.01% | -0.54% |
| Axis Bank Ltd. | 8.99% | 9.46% | +0.47% |
| Reliance Industries Ltd. | 10.08% | 9.80% | -0.28% |
| Larsen & Toubro Ltd. | 9.53% | 9.75% | +0.22% |
| Tata Consultancy Services Ltd. | 11.35% | 11.47% | +0.12% |
| ICICI Bank Ltd. | 10.58% | 10.67% | +0.09% |
| Infosys Ltd. | 10.83% | 10.82% | -0.01% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,691 Cr | 0.72% | 6.8% | 7.6% | 12.8% |
 UTI Nifty Next 50 Index Fund | ₹7,547 Cr | 0.87% | 6.8% | 7.6% | 12.7% |
 SBI Nifty Next 50 Index Fund | ₹2,366 Cr | 0.76% | 6.8% | 7.6% | 12.7% |
| DSP Nifty Next 50 Index Fund | ₹1,407 Cr | 1.01% | 6.6% | 7.5% | 12.7% |
 Kotak Nifty Next 50 Index Fund | ₹1,295 Cr | 0.64% | 6.9% | 7.7% | 12.8% |
 Nippon India Nifty Next 50 Junior BeES FoF | ₹840 Cr | 0.30% | 6.8% | 7.8% | 13.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks to generate returns that are commensurate with the performance of the Nifty Top 10 Equal Weight Index, subject to tracking error.
Fund managers
- Anil GhelaniMr. Ghelani has done B. Com., CFA & CAPrior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.
- Diipesh ShahMr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I ClearedPrior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months−2.16% absolute | ₹60,000 | ₹58,704 | −2.16% | |
| 1 year−11.91% annualised | ₹1,20,000 | ₹1,12,533 | −6.22% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.