DSP Quant Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 18-10-2024
₹ 23.16
▲0.2%
1D
Inception Returns
17%
/yr
About DSP Quant Fund Direct Growth
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
- DSP Quant Fund Direct Growth has ₹1125 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
DSP Quant Fund Direct Growth has given a CAGR return of 16.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.65%, 8.62% and 17.24% respectively.
Holdings
DSP Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Basic Materials, Consumer Defensive, Health, Industrial. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Bajaj Finserv Ltd, Shriram Finance Ltd, Kotak Mahindra Bank 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 benefitDividends 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.
Historical NAV & Returns
INDmoney Rank for DSP Quant Fund Direct Growth
DSP Quant Fund Direct Growth Overview
| Expense ratio | 0.55% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹1125 Cr |
| Inception Date | 10 June, 2019 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 55.48% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (18-Oct-24)
Fund Distribution
as on (30-Sep-24)
- This fund’s returns stands at 3.58% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund outperformed Nifty 500 by 1.54% in Sep'24
- AUM of the fund stands at 1.1K Cr as of Sep'24
- AUM increased by 3.5 Cr between Sep'24 and Aug'24
Top 3 Sectors in September were Financial Services, Tech & Consumer Cyclical
Mutual Fund Insights
DSP Quant Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹0 Cr
Expense Ratio 0.55%
Frequently Asked Questions for DSP Quant Fund Direct Growth
DSP Quant Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.39% | -2.39% |
6 Month Returns | 17.59% | 17.59% |
1 Year Returns | 28.65% | 28.65% |
3 Years Returns | 28.14% | 8.62% |
5 Years Returns | 121.49% | 17.24% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Quant Fund Direct Growth | -1.26 | -5.31 | -1.2 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Quant Fund Direct Growth | 0.89 | 0.96 | 0.9 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Quant Fund Direct Growth | 2.1 | 0.42 | 0.77 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Quant Fund Direct Growth | 11.24 | 13.45 | 17.49 |