DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option

Equity
Direct
Sector - Healthcare
DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option

About the Fund

DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 Reinvestment of Income Distribution cum capital withdrawal option has ₹2479 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option has given a CAGR return of 24.71% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 36.09%, 14.12% and 28.52% respectively.

Holdings

DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option has allocated its funds majorly in Cash Equivalent, Health, Financial Services. Its top holdings are Sun Pharmaceuticals Industries Ltd, Suven Pharmaceuticals Ltd, Cipla Ltd, Ipca Laboratories Ltd, Lupin Ltd

Taxation

As it is a sector - healthcare 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 Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option

The primary investment objective of the scheme is to seek to generate consistent returns by predominantly investing in equity and equity related securities of pharmaceutical and healthcare companies. 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 0.00. DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
7 people have invested ₹ 16.5K in DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option in the last three months

Fund Overview

Expense ratio0.66%
Benchmark
S&P BSE Healthcare PR
AUM₹2479 Cr
Inception Date30 November, 2018
Min Lumpsum/SIP₹100/--
Exit Load
0.5%
Lock InNo Lock-in
TurnOver
17.89%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 98.1%

  • Debt & Cash 1.9%

Small cap
40.6%

Large cap
31.1%

Mid cap
26.2%

Sector Allocation

May'24

Apr'24

Mar'24

Health
98.4%
Financial Services
1.6%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Chirag Dagli
Chirag Dagli
Fund Manager of DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option, since 1 December 2020
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
DSP Healthcare Fund Direct Growth
18.12%
14.43%
Jay Kothari
Jay Kothari
Fund Manager of DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option, since 30 November 2018

DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 24.71% since inception which is more than its category average return of 23.02%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.06% in Equity, 0% in Debt and 1.94% in Cash related instruments
AUM size ₹2479 Cr

AUM size ₹2479 Cr

This fund has AUM of ₹2479 Cr which is more than its category average of ₹ 1735 Cr
Expense Ratio 0.66%

Expense Ratio 0.66%

This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 1.45%

Frequently Asked Questions

The current NAV of DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option is ₹26.34 as on 11-Jul-2024.
Existing (Absolute + CAGR) as on 11-Jul-2024.
DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
6.26%
6.26%
6 Month Returns
6.61%
6.61%
1 Year Returns
36.09%
36.09%
3 Years Returns
48.62%
14.12%
5 Years Returns
250.63%
28.52%
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.
0.66% as on June 2024
₹2479 Cr as on June 2024
Sun Pharmaceuticals Industries Ltd(12.5%), Suven Pharmaceuticals Ltd(9.38%), Cipla Ltd(8.28%), Ipca Laboratories Ltd(7.31%), Lupin Ltd(7.14%) as on June 2024
The alpha ratio for the DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
-10.84
0.01
5.54
As on June 2024
The alpha for DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 Reinvestment of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
0.99
0.92
0.8
As on June 2024
The Beta for DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 Reinvestment of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
1.18
0.51
1.2
As on June 2024
The sharpe ratio for DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option 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 Reinvestment of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
17.42
15.69
17.08
As on June 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 0.82 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Chirag Dagli, Jay Kothari are the fund managers of DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option
The Exit load of DSP Healthcare Fund Direct Reinvestment of Income Distribution cum capital withdrawal option is 0.5%