DSP Focus Fund Direct Growth

DSP Focus Fund Direct Growth

Equity

Direct

Focused Fund

NAV as on 04-10-2024

₹ 60.84

▼-0.6%

1D

Inception Returns

15.4%

/yr

About the Fund

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

Key Parameters

  1. DSP Focus Fund Direct Growth has ₹2667 Cr worth of assets under management (AUM) as on Aug 2024 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

DSP Focus Fund Direct Growth has given a CAGR return of 15.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 44.07%, 17.95% and 20.20% respectively.

Holdings

DSP Focus Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Basic Materials, Industrial, Energy, Real Estate, Utilities, Consumer Defensive. Its top holdings are Bajaj Finance Ltd, ICICI Bank Ltd, Kirloskar Oil Engines Ltd, Coforge Ltd, Cholamandalam Investment and Finance Co Ltd

Taxation

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 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 Focus Fund Direct Growth

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 and lockin period

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

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
542 people have invested ₹ 24.1L in DSP Focus Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
16
/19
52% Performance
30% Risk Management
57% Cost
16 out of 19 among focused fund
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Beats FD returns for both 3Y & 5Y
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Highly volatile within category
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Poor track record of Recovering losses quickly

Fund Overview

Expense ratio0.94%
Benchmark
S&P BSE 500 India TR INR
AUM₹2667 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
30.77%
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-Oct-24)

Period
DSP Focus Fund Direct Growth
Nifty 500
focused fund
1M
-0.8%
-0.9%
-0.5%
3M
5.6%
2.7%
4.3%
6M
22.8%
13.9%
16.4%
1Y
44.1%
37.4%
40.4%
3Y
17.9%
15.7%
17.1%
5Y
20.2%
21%
21%

Fund Distribution

as on (31-Aug-24)

  • Equity 95%

  • Debt & Cash 5%

Large cap
50.8%
Mid cap
27.2%
Small cap
17%
Sector Allocation

Aug'24

Jul'24

Jun'24

Financial Services
31.4%
Consumer Cyclical
11.9%
Health
10.9%
Tech
10.7%
Basic Materials
10.6%
Industrial
9.7%
Energy
6.1%
Real Estate
4.2%
Utilities
2.6%
Consumer Defensive
2%
All changes are between Jun'24 and Aug'24
Aug'24
Jul'24
Jun'24
Fund Returns
3.68%
3.97%
8.21%
Nifty 500
0.97%
3.53%
3.50%
  • This fund’s returns stands at 3.68% whereas the fund’s underlying benchmark Nifty 500 returns stands at 0.97% as on Aug'24
  • This fund outperformed Nifty 500 by 2.71% in Aug'24
Parameters
Aug'24
Jul'24
Jun'24
AUM
₹ 2.7K Cr
₹ 2.6K Cr
₹ 2.5K Cr
  • AUM of the fund stands at 2.7K Cr as of Aug'24
  • AUM increased by 74.7 Cr between Aug'24 and Jul'24
Top Stocks bought last month
Kirloskar Oil Engines Ltd's allocation increased from 4.12% to 4.33%
Kirloskar Oil Engines Ltd's allocation increased from 4.12% to 4.33%
Century Plyboards (India) Ltd's allocation increased from 2.53% to 2.74%
Century Plyboards (India) Ltd's allocation increased from 2.53% to 2.74%
Bajaj Finance Ltd's allocation increased from 5.83% to 5.99%
Bajaj Finance Ltd's allocation increased from 5.83% to 5.99%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 5.38 % to 5.29 %
ICICI Bank Ltd's allocation decreased from 5.38 % to 5.29 %
Coforge Ltd's allocation decreased from 4.28 % to 4.19 %
Coforge Ltd's allocation decreased from 4.28 % to 4.19 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 4.19 % to 4.18 %
Cholamandalam Investment and Finance Co Ltd's allocation decreased from 4.19 % to 4.18 %
Large Cap allocation has gone down from 53.8% to 50.8%
Large Cap allocation has gone down from 53.8% to 50.8%
Small Cap allocation has gone up from 15.5% to 17%
Small Cap allocation has gone up from 15.5% to 17%
Mid Cap allocation has gone down from 27.6% to 27.2%
Mid Cap allocation has gone down from 27.6% to 27.2%
Cash allocation has gone up from 3.4% to 5%
Cash allocation has gone up from 3.4% to 5%

Top 3 Sectors in August were Financial Services, Consumer Cyclical & Tech

Aug'24
Financial Services
31%
Consumer Cyclical
12%
Health
11%
Jul'24
Financial Services
31%
Consumer Cyclical
13%
Tech
12%

  • Equity

Holdings
Weight%
1M Change
Bajaj Finance Ltd
Bajaj Finance Ltd
5.99%
0%
ICICI Bank Ltd
ICICI Bank Ltd
5.29%
0%
Kirloskar Oil Engines Ltd
Kirloskar Oil Engines Ltd
4.33%
0%
Coforge Ltd
Coforge Ltd
4.19%
0%
Cholamandalam Investment and Finance Co Ltd
Cholamandalam Investment and Finance Co Ltd
4.18%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
DSP Focus Fund Direct Growth
DSP Focus Fund Direct Growth
44.07%
17.95%
20.2%
15.44%
Invesco India Focused Fund Direct Growth
Invesco India Focused Fund Direct Growth
67.39%
23.59%
-
31.35%
ICICI Prudential Focused Equity Fund Direct Plan Growth
ICICI Prudential Focused Equity Fund Direct Plan Growth
51.92%
23.02%
27.25%
17.45%
HDFC Focused 30 Fund -Direct Plan - Growth Option
HDFC Focused 30 Fund -Direct Plan - Growth Option
45.96%
27.51%
25.77%
16.68%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Mrs Bectors Food Specialities Ltd
Mrs Bectors Food Specialities Ltd
16.5%
Coforge Ltd
Coforge Ltd
11.5%
Ipca Laboratories Ltd
Ipca Laboratories Ltd
4.1%
Fund
Aug'24
Jul'24
Jun'24
No of Holdings
32
31
31
Top 5 Company Concentration
24%
24.9%
25.6%
Company having highest exposure
Bajaj Finance Ltd (6%)
Bajaj Finance Ltd (5.8%)
Bajaj Finance Ltd (6.3%)
No of Sectors
10
9
9
Top 5 Sectors Concentration
75.4%
77.3%
77.8%
Sector having highest exposure
Financial Services (31.4%)
Financial Services (31.1%)
Financial Services (32.1%)
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Vinit Sambre
Vinit Sambre
Fund Manager of DSP Focus Fund Direct Growth, since 1 June 2020
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
DSP Focus Fund Direct Plan Growth
18.35%
17.93%
DSP Midcap Fund Direct Plan Growth
18.72%
23.84%
DSP Small Cap Fund Direct Plan Growth
25.1%
24.9%
Jay Kothari
Jay Kothari
Fund Manager of DSP Focus Fund Direct Growth, since 31 March 2013
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
DSP Midcap Fund Direct Plan Growth
18.72%
23.84%
DSP Small Cap Fund Direct Plan Growth
25.1%
24.9%
DSP Equity Opportunities Fund Direct Plan Growth
21.38%
20.62%
Fund House
DSP Asset Managers Private Limited
Total Schemes
46
See all DSP 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
This fund expense ratio is slightly on the lower side within the category (focused fund). Its expense ratio is 0.94% which is lower than the category average expense ratio of 1.26%.
Insights icon
Over the last 6 months, this fund has decreased expense ratio by 10.5% moving from 1.05 to 0.94.
Insights icon
In the last 3 years, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 28.27% return, outperforming this fund by 9.92% per annum.
Insights icon
In the last 1 year, Invesco India Focused Fund Direct Growth has given 66.96% return, outperforming this fund by 23.55%.
Insights icon
In the last 5 years, ICICI Prudential Focused Equity Fund Direct Plan Growth has given 27.35% return, outperforming this fund by 7.39% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 20.2% growth in AUM moving from 2.21K Cr to 2.66K Cr.

DSP Focus 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 15.44% since inception which is less than its category average return of 18.53%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.99% in Equity, 0% in Debt and 5.01% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 4810 Cr
Expense Ratio 0.94%

Expense Ratio 0.94%

This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.46%

Frequently Asked Questions

The current NAV of DSP Focus Fund Direct Growth is ₹60.84 as on 04-Oct-2024.
Existing (Absolute + CAGR) as on 04-Oct-2024.
DSP Focus Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.79%
-0.79%
6 Month Returns
22.8%
22.8%
1 Year Returns
44.07%
44.07%
3 Years Returns
64.09%
17.95%
5 Years Returns
150.9%
20.2%
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  • Select your bank account and proceed with Payment.
0.94% as on September 2024
₹2667 Cr as on September 2024
Bajaj Finance Ltd(5.99%), ICICI Bank Ltd(5.29%), Kirloskar Oil Engines Ltd(4.33%), Coforge Ltd(4.19%), Cholamandalam Investment and Finance Co Ltd(4.18%) as on September 2024
Financial Services(29.82%), Consumer Cyclical(11.26%), Health(10.33%) as on September 2024
The alpha ratio for the DSP Focus Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Focus Fund Direct Growth
2.38
0.7
-1.5
As on September 2024
The alpha for DSP Focus Fund Direct Growth is calculated against S&P BSE 500 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 Focus Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Focus Fund Direct Growth
1.05
1.01
1
As on September 2024
The Beta for DSP Focus Fund Direct Growth is calculated with S&P BSE 500 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 Focus Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Focus Fund Direct Growth
2.51
0.89
0.78
As on September 2024
The sharpe ratio for DSP Focus Fund Direct Growth is calculated with S&P BSE 500 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 Focus Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Focus Fund Direct Growth
13.08
14.44
19.87
As on September 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 1.73 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.12 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Vinit Sambre, Jay Kothari are the fund managers of DSP Focus Fund Direct Growth
The Exit load of DSP Focus Fund Direct Growth is 1%