DSP Focused Fund Direct Growth

DSP Focused Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vinit Sambre. The fund could potentially beat inflation in the long-run.

1. DSP Focused Fund Direct Growth has ₹2471 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.
   

DSP Focused Fund Direct Growth has given a CAGR return of 14.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.01%, 22.62% and 24.31% respectively.

DSP Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Health, Tech, Consumer Cyclical, Industrial, Real Estate, Energy, Communication, Consumer Defensive, Utilities. Its top holdings are Bajaj Finance Ltd, ICICI Bank Ltd, HDFC Bank Ltd, Axis Bank Ltd, Coforge Ltd

As it is a focused fund mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The primary investment objective of the Scheme is to generate long-term capital growth from a portfolio of equity and equityrelated securities including equity derivatives. The portfolio will consist of multi cap companies by market capitalisation. The Scheme will hold equity and equity-related securities including equity derivatives, of upto 30 companies. The Scheme may also invest in debt and money market securities, for defensive considerations and/or for managing liquidity requirements. There is no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Focused Fund Direct Growth has no lock in period.