DSP Equity Opportunities Fund Direct Growth

DSP Equity Opportunities Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 04-11-2024

₹ 669.49

Inception Returns

18.4%

/yr

About DSP Equity Opportunities Fund Direct Growth

DSP Equity Opportunities Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Rohit Singhania, Charanjit Singh, Jay Kothari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Equity Opportunities Fund Direct Growth has ₹14486 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

DSP Equity Opportunities Fund Direct Growth has given a CAGR return of 18.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 47.34%, 19.80% and 22.54% respectively.

Holdings

DSP Equity Opportunities Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Health, Industrial, Tech, Energy, Consumer Defensive, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, State Bank of India, Hindustan Petroleum Corp Ltd

Taxation

As it is a large & mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of DSP Equity Opportunities Fund Direct Growth

The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of large and midcap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
3619 people have invested ₹ 2.4Cr in DSP Equity Opportunities Fund Direct Growth in the last three months

INDmoney Rank for DSP Equity Opportunities Fund Direct Growth

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DSP Equity Opportunities Fund Direct Growth Overview

Expense ratio0.71%
Benchmark
S&P BSE 200 India TR INR
AUM₹14486 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
39.79%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (04-Nov-24)

Period
DSP Equity Opportunities Fund Direct Growth
NIFTY 500
large & mid-cap
1M
-5.7%
-4.3%
-5.7%
3M
-2.7%
-3.2%
-2.3%
6M
14.1%
7.4%
11.3%
1Y
47.3%
32.5%
42.1%
3Y
19.8%
13.6%
18.4%
5Y
22.5%
18.3%
21.7%

Fund Distribution

as on (30-Sep-24)

  • Equity 97.3%

  • Debt & Cash 2.7%

Large cap
50.9%

Mid cap
36%

Small cap
10.4%

Sector Allocation

Sep'24

Aug'24

Jul'24

Financial Services
33.7%
Basic Materials
11.2%
Consumer Cyclical
10.6%
Health
8.5%
Industrial
8.1%
Tech
7.7%
Energy
6.7%
Consumer Defensive
4.7%
Utilities
4.6%
Communication
2.9%
Real Estate
1.2%
All changes are between Jul'24 and Sep'24
Sep'24
Aug'24
Jul'24
Fund Returns
1.35%
1.80%
5.94%
NIFTY 500
2.04%
0.97%
3.53%
  • This fund’s returns stands at 1.35% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.04% as on Sep'24
  • This fund underperformed NIFTY 500 by 0.69% in Sep'24
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 14.5K Cr
₹ 14.2K Cr
₹ 13.9K Cr
  • AUM of the fund stands at 14.5K Cr as of Sep'24
  • AUM increased by 239.1 Cr between Sep'24 and Aug'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.53% to 5.66%
HDFC Bank Ltd's allocation increased from 4.53% to 5.66%
Bajaj Finance Ltd's allocation increased from 0.95% to 1.54%
Bajaj Finance Ltd's allocation increased from 0.95% to 1.54%
Kotak Mahindra Bank Ltd's allocation increased from 1.76% to 2.3%
Kotak Mahindra Bank Ltd's allocation increased from 1.76% to 2.3%
Top Stocks sold last month
State Bank of India's allocation decreased from 3.22 % to 2.82 %
State Bank of India's allocation decreased from 3.22 % to 2.82 %
Power Finance Corp Ltd's allocation decreased from 2.81 % to 2.2 %
Power Finance Corp Ltd's allocation decreased from 2.81 % to 2.2 %
Infosys Ltd's allocation decreased from 2.18 % to 2.07 %
Infosys Ltd's allocation decreased from 2.18 % to 2.07 %
Small Cap allocation has gone down from 10.8% to 10.4%
Small Cap allocation has gone down from 10.8% to 10.4%
Mid Cap allocation has gone up from 35.9% to 36%
Mid Cap allocation has gone up from 35.9% to 36%
Large Cap allocation has gone up from 49.6% to 50.9%
Large Cap allocation has gone up from 49.6% to 50.9%
Cash allocation has gone down from 3.7% to 2.7%
Cash allocation has gone down from 3.7% to 2.7%

Top 3 Sectors in September were Financial Services, Consumer Cyclical & Basic Materials

Sep'24
Financial Services
34%
Basic Materials
11%
Consumer Cyclical
11%
Aug'24
Financial Services
32%
Consumer Cyclical
12%
Basic Materials
10%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
75
77
79
Top 5 Company Concentration
19.6%
18.4%
18.8%
Company having highest exposure
HDFC Bank Ltd (5.7%)
ICICI Bank Ltd (5%)
ICICI Bank Ltd (5%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
72.1%
70.9%
72%
Sector having highest exposure
Financial Services (33.7%)
Financial Services (32.1%)
Financial Services (31.7%)
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Rohit Singhania
Rohit Singhania
Fund Manager of DSP Equity Opportunities Fund Direct Growth, since 1 June 2015
Charanjit Singh
Charanjit Singh
Fund Manager of DSP Equity Opportunities Fund Direct Growth, since 1 May 2023
Jay Kothari
Jay Kothari
Fund Manager of DSP Equity Opportunities Fund Direct Growth, since 16 March 2018
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com

Mutual Fund Insights

Insights icon
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 60.72% return, outperforming this fund by 13.39%.
Insights icon
Over the last 6 months, this fund has experienced a 34.0% growth in AUM moving from 10.81K Cr to 14.48K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.71% which is lower than the category average expense ratio of 1.19%.
Insights icon
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.9% return, outperforming this fund by 7.1% per annum.
Insights icon
Over the last 15 months, this fund has decreased expense ratio by 22.0% moving from 0.91 to 0.71.
Insights icon
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.62% return, outperforming this fund by 5.09% per annum.

DSP Equity Opportunities Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 18.38% since inception which is more than its category average return of 17.15%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.28% in Equity, 0% in Debt and 2.72% in Cash related instruments
AUM size ₹14486 Cr

AUM size ₹14486 Cr

This fund has AUM of ₹14486 Cr which is more than its category average of ₹ 7528 Cr
Expense Ratio 0.71%

Expense Ratio 0.71%

This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions for DSP Equity Opportunities Fund Direct Growth

The current NAV of DSP Equity Opportunities Fund Direct Growth is ₹669.49 as on 04-Nov-2024.
Existing (Absolute + CAGR) as on 04-Nov-2024.
DSP Equity Opportunities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-5.65%
-5.65%
6 Month Returns
14.09%
14.09%
1 Year Returns
47.34%
47.34%
3 Years Returns
71.92%
19.8%
5 Years Returns
176.27%
22.54%
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0.71% as on October 2024
₹14486 Cr as on October 2024
HDFC Bank Ltd(5.66%), ICICI Bank Ltd(5.4%), Axis Bank Ltd(3.01%), State Bank of India(2.82%), Hindustan Petroleum Corp Ltd(2.73%) as on October 2024
Financial Services(32.78%), Basic Materials(10.93%), Consumer Cyclical(10.33%) as on October 2024
The alpha ratio for the DSP Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Equity Opportunities Fund Direct Growth
5.77
1.83
0.27
As on October 2024
The alpha for DSP Equity Opportunities Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the DSP Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Equity Opportunities Fund Direct Growth
1.02
0.96
0.97
As on October 2024
The Beta for DSP Equity Opportunities Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the DSP Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Equity Opportunities Fund Direct Growth
2.26
0.94
0.88
As on October 2024
The sharpe ratio for DSP Equity Opportunities Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the DSP Equity Opportunities Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Equity Opportunities Fund Direct Growth
14.88
14.17
19.7
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.74 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.38 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Rohit Singhania, Charanjit Singh, Jay Kothari are the fund managers of DSP Equity Opportunities Fund Direct Growth
The Exit load of DSP Equity Opportunities Fund Direct Growth is 1%