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| Name of the scheme | 1-year back | Invest now | Fund category | expense ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest now | Equity: Big Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest now | Equity: Big Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest now | Equity: Big Cap | 0.25% |
| Axis Nifty 500 Index Fund | , | Invest now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest now | Equity: Mid Cap | 0.28% |
The fund will now focus on generating income by investing in units of debt-oriented schemes and arbitration schemes. Under the revised asset allocation, it will invest 95–100% of its assets in these categories.
The scheme will now be managed by Kaiwalarya Nadyarni (mediation) and Shantinu Godamb (loan).
Additionally, DSP Mutual Fund has announced income distribution under IDCW option for select schemes. The record date is February 6, 2025.
| Plan | Distribution ()/unit) |
| DSP Focus Direct-IDCW | 3.4 |
| DSP Focus-IDCW | 1.8 |
| DSP Global Clean Energy Fund of Fund Direct-IDCW | 0.7 |
| DSP Global Clean Energy Fund of Fund-IDCW | 0.6 |
| DSP India Tiger Direct-IDCW | 4.4 |
| DSP India Tiger Reg-IDCW | 2.7 |
,Source: Price Research)
Investors holding units under IDCW option as record date will be eligible for distribution.
In a separate development, HSBC Mutual Fund has launched the HSBC Financial Services Fund, an open-ened equity scheme focused on the financial services sector. The new fund offer (NFO) will open for membership on February 6, 2025, and will be closed on February 20, 2025.
The scheme aims to generate long-term capital appreciation by investment in equity and equity-resurities of companies in the finance in the finance. This will include both lending and non-lending sections.
first published: February 5, 2025 11:57 AM First
(Tagstotransite) DSP Mutual Fund (T) DSP Mutual Fund Features (T) DSP Global Allocation Fund of Fund
