DSP Equity Savings Fund Direct Growth

DSP Equity Savings Fund Direct Growth

Hybrid

Direct

Equity Savings

NAV as on 05-12-2024

₹ 23.59

0.2%

1D

Inception Returns

10.4%

/yr

About DSP Equity Savings Fund Direct Growth

DSP Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 28 March, 2016. The fund is managed by . This fund gives you the benefit of diversification.

Key Parameters

  1. DSP Equity Savings Fund Direct Growth has ₹2162 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

DSP Equity Savings Fund Direct Growth has given a CAGR return of 10.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.32%, 11.24% and 11.35% respectively.

Holdings

DSP Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Energy, Consumer Cyclical, Basic Materials, Corporate, Communication, Industrial, Health, Tech, Consumer Defensive, Utilities, Securitize, Real Estate.

Taxation

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of DSP Equity Savings Fund Direct Growth

The investment objective of the Scheme is to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. The Scheme also intends to generate longterm capital appreciation by investing a portion of the Scheme’s assets in equity and equity related instruments. However, there can be 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 Savings Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
200 people have invested ₹ 1.2Cr in DSP Equity Savings Fund Direct Growth in the last three months

INDmoney Rank for DSP Equity Savings Fund Direct Growth

Powered by IND quant engine
4
/12
7% Performance
85% Risk Management
90% Cost
4 out of 12 among equity savings

DSP Equity Savings Fund Direct Growth Overview

Expense ratio0.43%
Benchmark
NIFTY Equity Savings TR INR
AUM₹2162 Cr
Inception Date28 March, 2016
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
444.01%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (05-Dec-24)

Period
DSP Equity Savings Fund Direct Growth
Equity Savings Index
1M
0.4%
1.3%
3M
1.6%
0.9%
6M
8.5%
6.5%
1Y
15.3%
13.4%
3Y
11.2%
9.6%
5Y
11.4%
10.3%

Fund Distribution

as on (31-Oct-24)

  • Equity 28.1%

  • Debt & Cash 70.2%

Large cap
50.7%

Mid cap
9.7%

Small cap
4.7%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
37.6%
Energy
12.8%
Consumer Cyclical
11.6%
Basic Materials
9.7%
Communication
6.6%
Industrial
5.8%
Health
5%
Tech
4.1%
Consumer Defensive
3.4%
Utilities
3%
Real Estate
0.4%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.2K Cr
₹ 1.9K Cr
₹ 1.7K Cr
  • AUM of the fund stands at 2.2K Cr as of Oct'24
  • AUM increased by 224.9 Cr between Oct'24 and Sep'24

Top 3 Sectors in October were Financial Services, Government & Energy

Oct'24
Financial Services
38%
Government
29%
Energy
13%
Sep'24
Financial Services
37%
Government
22%
Energy
12%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
222
227
205
Top 5 Company Concentration
20%
20.6%
23.5%
Company having highest exposure
HDFC Bank Ltd (7%)
HDFC Bank Ltd (7.2%)
HDFC Bank Ltd (7%)
No of Sectors
14
14
14
Top 5 Sectors Concentration
100.3%
92.1%
95.4%
Sector having highest exposure
Financial Services (37.6%)
Financial Services (37%)
Financial Services (37.1%)
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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
Over the last 3 months, this fund has experienced a 39.2% growth in AUM moving from 1.55K Cr to 2.16K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.43% which is lower than the category average expense ratio of 1.05%.
Insights icon
Over the last 6 months, this fund has decreased expense ratio by 15.7% moving from 0.51 to 0.43.
Insights icon
In the last 3 years, HSBC Equity Savings Direct Plan Growth Plan has given 14.88% return, outperforming this fund by 3.64% per annum.
Insights icon
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 25.44% return, outperforming this fund by 10.12%.
Insights icon
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.85% return, outperforming this fund by 3.5% per annum.

DSP Equity Savings Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 10.38% since inception which is more than its category average return of 8.52%
Fund Allocations

Fund Allocations

This fund has an allocation of 28.08% in Equity, 25.24% in Debt and 45% in Cash related instruments
AUM size ₹2162 Cr

AUM size ₹2162 Cr

This fund has AUM of ₹2162 Cr which is more than its category average of ₹ 1689 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.13%

Frequently Asked Questions for DSP Equity Savings Fund Direct Growth

The current NAV of DSP Equity Savings Fund Direct Growth is ₹23.59 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
DSP Equity Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.42%
0.42%
6 Month Returns
8.51%
8.51%
1 Year Returns
15.32%
15.32%
3 Years Returns
37.64%
11.24%
5 Years Returns
71.19%
11.35%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.43% as on November 2024
₹2162 Cr as on November 2024
HDFC Bank Ltd(7%), 7.93% Govt Stock 2033(5.28%), Adani Enterprises Ltd(4.56%), 7.38% Govt Stock 2027(3.13%), Reliance Industries Ltd(3.09%) as on November 2024
Cash Equivalent(44.83%), Government(20.61%), Financial Services(10.55%) as on November 2024
AAA
100
The Exit load of DSP Equity Savings Fund Direct Growth is 0%