DSP Healthcare Fund Direct Growth

DSP Healthcare Fund Direct Growth

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Equity
Direct
Sector - Healthcare
NAV: ₹ 36.04 as on 21-05-2024

About the Fund

DSP Healthcare Fund Direct Growth is an equity fund. This fund was started on 30 November, 2018. The fund is managed by Chirag Dagli, Jay Kothari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Healthcare Fund Direct Growth has ₹2344 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.
Fund Performance
zero opening, trading, fund transfer fee
3355 people have invested ₹ 1.5Cr in DSP Healthcare Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.64%
Benchmark
Benchmark
S&P BSE Healthcare PR
AUM
AUM
₹2344 Cr
Inception Date
Inception Date
30 November, 2018
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
17.89%

DSP Healthcare Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 99%

  • Debt & Cash 1%

Size breakup

Small cap
37.3%
Large cap
30.9%
Mid cap
30.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Health
98.2%
Financial Services
1.8%

Top Holdings of DSP Healthcare Fund Direct Growth as on (30-Apr-24)

  • Equity

Equity Holdings27

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
-0.57%
0.51%
5.03%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at -0.57% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund underperformed Nifty 500 by 3.03% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 2.3K Cr
₹ 2.4K Cr
₹ 2.3K Cr
  • AUM of the fund stands at 2.3K Cr as of Apr'24
  • AUM decreased by 8.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 1 year, ICICI Prudential Pharma Healthcare and Diagnostics (P.H.D) Fund Direct Growth has given 62.68% return, outperforming this fund by 7.19%.
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In the last 3 years, this fund has outperformed all funds in its category.
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In the last 5 years, this fund has outperformed all funds in its category.
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Over the last 1 year, this fund has decreased expense ratio by 38.5% moving from 1.04 to 0.64.
Insights icon
This fund has one of the lowest expense ratio in the category (sector - healthcare). Its expense ratio is 0.64% which is lower than the category average expense ratio of 1.42%.

INDmoney Rank

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IND ranking is not available for this fund.

Pros

5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Among most bought funds within the category

Cons

No bad points found for this fund.

Fund Manager

Chirag Dagli
Chirag Dagli
Fund Manager of DSP Healthcare Fund Direct Growth, since 1 December 2020
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
DSP Healthcare Fund Direct Growth
18.06%
13.82%
Jay Kothari
Jay Kothari
Fund Manager of DSP Healthcare Fund Direct Growth, since 30 November 2018

DSP Healthcare 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 26.4% since inception which is more than its category average return of 21.26%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.99% in Equity, 0% in Debt and 1.01% in Cash related instruments
AUM size ₹2344 Cr

AUM size ₹2344 Cr

This fund has AUM of ₹2344 Cr which is more than its category average of ₹ 1663 Cr
Expense Ratio 0.64%

Expense Ratio 0.64%

This fund has an expense ratio of 0.64% which is less than its category average expense ratio of 1.45%

Frequently Asked Questions

The current NAV of DSP Healthcare Fund Direct Growth is ₹36.04 as on 21-May-2024.
Existing (Absolute + CAGR) as on 21-May-2024.
DSP Healthcare Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.94%
3.94%
6 Month Returns
20.33%
20.33%
1 Year Returns
55.49%
55.49%
3 Years Returns
64.54%
18.06%
5 Years Returns
262.09%
29.35%
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.
0.64% as on April 2024
₹2344 Cr as on April 2024
Sun Pharmaceuticals Industries Ltd(13.06%), Ipca Laboratories Ltd(9.17%), Suven Pharmaceuticals Ltd(8.15%), Lupin Ltd(7.67%), Cipla Ltd(7.67%) as on April 2024
The alpha ratio for the DSP Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Healthcare Fund Direct Growth
4.2
3.41
8.66
As on April 2024
The alpha for DSP Healthcare Fund Direct Growth is calculated against S&P BSE Healthcare PR. 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 Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Healthcare Fund Direct Growth
0.86
0.9
0.78
As on April 2024
The Beta for DSP Healthcare Fund Direct Growth is calculated with S&P BSE Healthcare PR. 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 Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Healthcare Fund Direct Growth
2.75
0.86
1.25
As on April 2024
The sharpe ratio for DSP Healthcare Fund Direct Growth is calculated with S&P BSE Healthcare PR. 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 Healthcare Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Healthcare Fund Direct Growth
13.6
14.59
16.63
As on April 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 1.51 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.55 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Chirag Dagli, Jay Kothari are the fund managers of DSP Healthcare Fund Direct Growth
The Exit load of DSP Healthcare Fund Direct Growth is 0.5%