DSP Quant Fund Direct Growth

Equity
Direct
Equity - Other
DSP Quant Fund Direct Growth

About the Fund

DSP Quant Fund Direct Growth is an equity fund. This fund was started on 10 June, 2019. The fund is managed by Anil Ghelani, Diipesh Shah. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Quant Fund Direct Growth has ₹1153 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

DSP Quant Fund Direct Growth has given a CAGR return of 16.76% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.20%, 12.41% and 18.07% respectively.

Holdings

DSP Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Basic Materials, Health, Consumer Defensive, Consumer Cyclical, Industrial. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Hero MotoCorp Ltd, Kotak Mahindra Bank Ltd, UltraTech Cement Ltd

Taxation

As it is a equity - other 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 Quant Fund Direct Growth

The investment objective of the Scheme is to deliver superior returns as compared to the underlying benchmark over the medium to long term through investing in equity and equity related securities. The portfolio of stocks will be selected, weighed and rebalanced using stock screeners, factor based scoring and an optimization formula which aims to enhance portfolio exposures to factors representing ‘good investing principles’ such as growth, value and quality within risk constraints. 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 Quant Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
788 people have invested ₹ 16.8L in DSP Quant Fund Direct Growth in the last three months

INDmoney Rank

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IND ranking is not available for this fund.
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Beats FD returns for both 3Y & 5Y duration
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3Y returns in the bottom 25% of the category

Fund Overview

Expense ratio0.55%
Benchmark
S&P BSE 200 India TR INR
AUM₹1153 Cr
Inception Date10 June, 2019
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
55.48%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 99.7%

  • Debt & Cash 0.3%

Large cap
79.3%

Mid cap
20.4%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
32.2%
Tech
14.7%
Basic Materials
13.6%
Health
11.2%
Consumer Defensive
10.6%
Consumer Cyclical
10.4%
Industrial
7.3%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Anil Ghelani
Anil Ghelani
Fund Manager of DSP Quant Fund Direct Growth, since 10 June 2019
Diipesh Shah
Diipesh Shah
Fund Manager of DSP Quant Fund Direct Growth, since 1 November 2020

Mutual Fund Insights

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In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 43.61% return, outperforming this fund by 31.2% per annum.
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Over the last 3 months, this fund has experienced a 4.9% drop in AUM moving from 1.21K Cr to 1.15K Cr.
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This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.55% which is lower than the category average expense ratio of 1.13%.
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Over the last 1 month, this fund has increased expense ratio by 1.9% moving from 0.54 to 0.55.
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In the last 1 year, HDFC Defence Fund Direct Growth has given 132.98% return, outperforming this fund by 108.78%.
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In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 33.84% return, outperforming this fund by 15.77% per annum.

DSP Quant 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 16.76% since inception which is less than its category average return of 25.67%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.73% in Equity, 0% in Debt and 0.27% in Cash related instruments
AUM size ₹1153 Cr

AUM size ₹1153 Cr

This fund has AUM of ₹1153 Cr which is less than its category average of ₹ 2255 Cr
Expense Ratio 0.55%

Expense Ratio 0.55%

This fund has an expense ratio of 0.55% which is less than its category average expense ratio of 1.22%

Frequently Asked Questions

The current NAV of DSP Quant Fund Direct Growth is ₹22.1 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
DSP Quant Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.93%
3.93%
6 Month Returns
11.55%
11.55%
1 Year Returns
24.2%
24.2%
3 Years Returns
42.05%
12.41%
5 Years Returns
129.44%
18.07%
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.
0.55% as on June 2024
₹1153 Cr as on June 2024
HDFC Bank Ltd(6.68%), ICICI Bank Ltd(5.36%), Hero MotoCorp Ltd(3.95%), Kotak Mahindra Bank Ltd(3.63%), UltraTech Cement Ltd(3.42%) as on June 2024
Financial Services(32.1%), Tech(14.65%), Basic Materials(13.57%) as on June 2024
The alpha ratio for the DSP Quant Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Quant Fund Direct Growth
-8.63
-5.55
-
As on June 2024
The alpha for DSP Quant 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 Quant Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Quant Fund Direct Growth
0.86
0.96
-
As on June 2024
The Beta for DSP Quant 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 Quant Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Quant Fund Direct Growth
1.21
0.5
0.69
As on June 2024
The sharpe ratio for DSP Quant 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 Quant Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Quant Fund Direct Growth
11.68
13.91
17.79
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 0.87 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anil Ghelani, Diipesh Shah are the fund managers of DSP Quant Fund Direct Growth
The Exit load of DSP Quant Fund Direct Growth is 0%