DSP Nifty 500 Index Fund
Index Funds · DSP Asset Managers Private Limited
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹85,600. Its ride has historically been comparatively steady.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.DSP Nifty 500 Index Fund is a index funds from DSP Asset Managers Private Limited. It has a track record of about 0.7 years. The current NAV is ₹9.41 (as of 2026-09-16).
Growth of ₹100 - last 1 years
DSP Nifty 500 Index Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -4.47% | -3.19% |
| 3 months | -1.18% | -0.24% |
| 6 months | 3.26% | 4.45% |
Year-by-year returns
Not enough history for a calendar-year breakdown.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -14.4% | -16.31% |
| Volatility (1Y) | 19.77% | 14.53% |
The worst peak-to-bottom fall DSP Nifty 500 Index Fund has ever put investors through is -14.4% - the real test of whether you'd have stayed invested.
How DSP Nifty 500 Index Fund behaves when markets fall
Its deepest fall on record is -14.4%. Right now it sits about 5.65% below its all-time high (last hit 2026-01-06). The real question isn't the average year - it's whether you could hold on through the worst one.
How DSP Nifty 500 Index Fund ranks in its category
Percentile versus its ~1179 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
Who manages DSP Nifty 500 Index Fund - and how good are they?
DSP Nifty 500 Index Fund is managed by Anil Ghelani, Diipesh Shah and Neha Rathi. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Anil Ghelani's full record
Anil Ghelani currently runs 18 funds, across FoF Domestic, Index Funds, with about ₹6,911 Cr under management. The book's average King Score is 45.8/100. Their strongest fund by King Score is DSP Nifty Next 50 Index Fund (58/100).
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | DSP Nifty Next 50 Index Fund | 57 | 58 | -1.5% | 7.6% | 3.8% | 15.7% | 10.7% | n/a | 0.47 | 18.4% | -36.0% |
| 2 | DSP Nifty 50 Equal Weight Index Fund | 34 | 56 | -1.8% | 2.0% | -0.9% | 10.4% | 10.8% | n/a | 0.27 | 18.2% | -41.0% |
| 3 | DSP Nifty Midcap 150 Quality 50 Index Fund | 30 | 37 | -3.0% | 5.9% | -5.2% | 7.2% | n/a | n/a | 0.05 | 13.8% | -21.4% |
| 4 | DSP Nifty 50 Index Fund | 15 | 32 | -2.1% | -1.6% | -6.7% | 5.8% | 6.7% | n/a | -0.04 | 14.9% | -37.8% |
| 5 | DSP Silver ETF Fund of Fund | 97 | n/a | -8.6% | -7.8% | 76.6% | n/a | n/a | n/a | 1.54 | n/a | -36.3% |
| 6 | DSP Nifty Healthcare Index Fund | 96 | n/a | 5.3% | 12.7% | 10.6% | n/a | n/a | n/a | n/a | n/a | -7.7% |
| 7 | DSP Gold ETF Fund of Fund | 85 | n/a | 0.6% | -2.3% | 36.9% | n/a | n/a | n/a | 1.35 | n/a | -17.3% |
| 8 | DSP BSE SENSEX Next 30 Index Fund | 59 | n/a | -0.9% | 5.0% | 5.3% | n/a | n/a | n/a | 0.29 | n/a | -11.0% |
| 9 | DSP Nifty Private Bank Index Fund | 46 | n/a | -1.4% | 4.1% | 2.2% | n/a | n/a | n/a | 0.08 | n/a | -17.3% |
| 10 | DSP Nifty Bank Index Fund | 45 | n/a | -1.2% | 2.2% | 3.0% | n/a | n/a | n/a | 0.02 | n/a | -18.3% |
| 11 | DSP Nifty Smallcap250 Quality 50 Index Fund | 39 | n/a | -0.0% | 7.5% | -8.0% | n/a | n/a | n/a | -0.15 | n/a | -30.7% |
| 12 | DSP Nifty500 Flexicap Quality 30 Index Fund | 25 | n/a | -0.8% | 2.9% | -9.8% | n/a | n/a | n/a | n/a | n/a | -17.9% |
| 13 | DSP Nifty IT Index Fund | 20 | n/a | 4.0% | -0.9% | -17.9% | n/a | n/a | n/a | n/a | n/a | -30.6% |
| 14 | DSP Nifty Top 10 Equal Weight Index Fund | 3 | n/a | -3.4% | -3.5% | -10.9% | n/a | n/a | n/a | -0.82 | n/a | -18.6% |
| 15 | DSP Nifty Midcap 150 Index Fund | n/a | n/a | -0.8% | 7.9% | n/a | n/a | n/a | n/a | n/a | n/a | -13.9% |
| 16 | DSP Nifty Smallcap 250 Index Fund | n/a | n/a | 3.5% | 18.1% | n/a | n/a | n/a | n/a | n/a | n/a | -15.0% |
| 17 | DSP Nifty 500 Index Fund | n/a | n/a | -1.2% | 3.3% | n/a | n/a | n/a | n/a | n/a | n/a | -14.4% |
| 18 | DSP Multi Asset Omni Fund of Funds | n/a | n/a | 0.2% | 2.4% | n/a | n/a | n/a | n/a | n/a | n/a | -6.0% |
Diipesh Shah's full record
Diipesh Shah currently runs 18 funds, across FoF Domestic, Index Funds, with about ₹6,911 Cr under management. The book's average King Score is 45.8/100. Their strongest fund by King Score is DSP Nifty Next 50 Index Fund (58/100).
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | DSP Nifty Next 50 Index Fund | 57 | 58 | -1.5% | 7.6% | 3.8% | 15.7% | 10.7% | n/a | 0.47 | 18.4% | -36.0% |
| 2 | DSP Nifty 50 Equal Weight Index Fund | 34 | 56 | -1.8% | 2.0% | -0.9% | 10.4% | 10.8% | n/a | 0.27 | 18.2% | -41.0% |
| 3 | DSP Nifty Midcap 150 Quality 50 Index Fund | 30 | 37 | -3.0% | 5.9% | -5.2% | 7.2% | n/a | n/a | 0.05 | 13.8% | -21.4% |
| 4 | DSP Nifty 50 Index Fund | 15 | 32 | -2.1% | -1.6% | -6.7% | 5.8% | 6.7% | n/a | -0.04 | 14.9% | -37.8% |
| 5 | DSP Silver ETF Fund of Fund | 97 | n/a | -8.6% | -7.8% | 76.6% | n/a | n/a | n/a | 1.54 | n/a | -36.3% |
| 6 | DSP Nifty Healthcare Index Fund | 96 | n/a | 5.3% | 12.7% | 10.6% | n/a | n/a | n/a | n/a | n/a | -7.7% |
| 7 | DSP Gold ETF Fund of Fund | 85 | n/a | 0.6% | -2.3% | 36.9% | n/a | n/a | n/a | 1.35 | n/a | -17.3% |
| 8 | DSP BSE SENSEX Next 30 Index Fund | 59 | n/a | -0.9% | 5.0% | 5.3% | n/a | n/a | n/a | 0.29 | n/a | -11.0% |
| 9 | DSP Nifty Private Bank Index Fund | 46 | n/a | -1.4% | 4.1% | 2.2% | n/a | n/a | n/a | 0.08 | n/a | -17.3% |
| 10 | DSP Nifty Bank Index Fund | 45 | n/a | -1.2% | 2.2% | 3.0% | n/a | n/a | n/a | 0.02 | n/a | -18.3% |
| 11 | DSP Nifty Smallcap250 Quality 50 Index Fund | 39 | n/a | -0.0% | 7.5% | -8.0% | n/a | n/a | n/a | -0.15 | n/a | -30.7% |
| 12 | DSP Nifty500 Flexicap Quality 30 Index Fund | 25 | n/a | -0.8% | 2.9% | -9.8% | n/a | n/a | n/a | n/a | n/a | -17.9% |
| 13 | DSP Nifty IT Index Fund | 20 | n/a | 4.0% | -0.9% | -17.9% | n/a | n/a | n/a | n/a | n/a | -30.6% |
| 14 | DSP Nifty Top 10 Equal Weight Index Fund | 3 | n/a | -3.4% | -3.5% | -10.9% | n/a | n/a | n/a | -0.82 | n/a | -18.6% |
| 15 | DSP Nifty Midcap 150 Index Fund | n/a | n/a | -0.8% | 7.9% | n/a | n/a | n/a | n/a | n/a | n/a | -13.9% |
| 16 | DSP Nifty Smallcap 250 Index Fund | n/a | n/a | 3.5% | 18.1% | n/a | n/a | n/a | n/a | n/a | n/a | -15.0% |
| 17 | DSP Nifty 500 Index Fund | n/a | n/a | -1.2% | 3.3% | n/a | n/a | n/a | n/a | n/a | n/a | -14.4% |
| 18 | DSP Multi Asset Omni Fund of Funds | n/a | n/a | 0.2% | 2.4% | n/a | n/a | n/a | n/a | n/a | n/a | -6.0% |
Neha Rathi's full record
Neha Rathi currently runs 18 funds, across FoF Domestic, Index Funds, with about ₹6,911 Cr under management. The book's average King Score is 45.8/100. Their strongest fund by King Score is DSP Nifty Next 50 Index Fund (58/100).
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | DSP Nifty Next 50 Index Fund | 57 | 58 | -1.5% | 7.6% | 3.8% | 15.7% | 10.7% | n/a | 0.47 | 18.4% | -36.0% |
| 2 | DSP Nifty 50 Equal Weight Index Fund | 34 | 56 | -1.8% | 2.0% | -0.9% | 10.4% | 10.8% | n/a | 0.27 | 18.2% | -41.0% |
| 3 | DSP Nifty Midcap 150 Quality 50 Index Fund | 30 | 37 | -3.0% | 5.9% | -5.2% | 7.2% | n/a | n/a | 0.05 | 13.8% | -21.4% |
| 4 | DSP Nifty 50 Index Fund | 15 | 32 | -2.1% | -1.6% | -6.7% | 5.8% | 6.7% | n/a | -0.04 | 14.9% | -37.8% |
| 5 | DSP Silver ETF Fund of Fund | 97 | n/a | -8.6% | -7.8% | 76.6% | n/a | n/a | n/a | 1.54 | n/a | -36.3% |
| 6 | DSP Nifty Healthcare Index Fund | 96 | n/a | 5.3% | 12.7% | 10.6% | n/a | n/a | n/a | n/a | n/a | -7.7% |
| 7 | DSP Gold ETF Fund of Fund | 85 | n/a | 0.6% | -2.3% | 36.9% | n/a | n/a | n/a | 1.35 | n/a | -17.3% |
| 8 | DSP BSE SENSEX Next 30 Index Fund | 59 | n/a | -0.9% | 5.0% | 5.3% | n/a | n/a | n/a | 0.29 | n/a | -11.0% |
| 9 | DSP Nifty Private Bank Index Fund | 46 | n/a | -1.4% | 4.1% | 2.2% | n/a | n/a | n/a | 0.08 | n/a | -17.3% |
| 10 | DSP Nifty Bank Index Fund | 45 | n/a | -1.2% | 2.2% | 3.0% | n/a | n/a | n/a | 0.02 | n/a | -18.3% |
| 11 | DSP Nifty Smallcap250 Quality 50 Index Fund | 39 | n/a | -0.0% | 7.5% | -8.0% | n/a | n/a | n/a | -0.15 | n/a | -30.7% |
| 12 | DSP Nifty500 Flexicap Quality 30 Index Fund | 25 | n/a | -0.8% | 2.9% | -9.8% | n/a | n/a | n/a | n/a | n/a | -17.9% |
| 13 | DSP Nifty IT Index Fund | 20 | n/a | 4.0% | -0.9% | -17.9% | n/a | n/a | n/a | n/a | n/a | -30.6% |
| 14 | DSP Nifty Top 10 Equal Weight Index Fund | 3 | n/a | -3.4% | -3.5% | -10.9% | n/a | n/a | n/a | -0.82 | n/a | -18.6% |
| 15 | DSP Nifty Midcap 150 Index Fund | n/a | n/a | -0.8% | 7.9% | n/a | n/a | n/a | n/a | n/a | n/a | -13.9% |
| 16 | DSP Nifty Smallcap 250 Index Fund | n/a | n/a | 3.5% | 18.1% | n/a | n/a | n/a | n/a | n/a | n/a | -15.0% |
| 17 | DSP Nifty 500 Index Fund | n/a | n/a | -1.2% | 3.3% | n/a | n/a | n/a | n/a | n/a | n/a | -14.4% |
| 18 | DSP Multi Asset Omni Fund of Funds | n/a | n/a | 0.2% | 2.4% | n/a | n/a | n/a | n/a | n/a | n/a | -6.0% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.17% |
| Exit load | No exit load |
| Minimum investment | ₹100 |
| Fund size (AUM) | ₹5 Cr |
| Age | 0.7 years |
| Plan / Option | Direct · Growth |
How DSP Nifty 500 Index Fund compares to peers
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
DSP Nifty 500 Index Fund review: the bottom line
Related
Frequently asked questions
Is DSP Nifty 500 Index Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, DSP Nifty 500 Index Fund scores within its category, and its worst drawdown was -14.4%. Compare those against your needs and the peer table above.
What is the NAV of DSP Nifty 500 Index Fund today?
The latest NAV is ₹9.41 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of DSP Nifty 500 Index Fund?
The Direct-plan expense ratio is 0.17% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of DSP Nifty 500 Index Fund?
DSP Nifty 500 Index Fund is managed by Anil Ghelani; Diipesh Shah; Neha Rathi.
Is DSP Nifty 500 Index Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -14.4% - ₹1 lakh briefly becoming about ₹85,600. As a index & fof, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is DSP Nifty 500 Index Fund tax-efficient / what about capital gains?
As a index & fof, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See DSP Nifty 500 Index Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.