DSP Quant Fund Direct Growth

DSP Quant Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 29-11-2024

₹ 22.27

0.6%

1D

Inception Returns

15.8%

/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

  1. DSP Quant Fund Direct Growth has ₹1070 Cr worth of assets under management (AUM) as on Oct 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 15.76% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.44%, 9.51% and 15.78% respectively.

Holdings

DSP Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Defensive, Health, Basic Materials, Industrial, Consumer Cyclical. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, Bajaj Finance Ltd, Bajaj Finserv 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 based on a quant model theme.

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

Annualised

zero opening, trading, fund transfer fee
822 people have invested ₹ 36.2L in DSP Quant Fund Direct Growth in the last three months

INDmoney Rank for DSP Quant Fund Direct Growth

Powered by IND quant engine
IND ranking is not available for this fund.
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

DSP Quant Fund Direct Growth Overview

Expense ratio0.55%
Benchmark
S&P BSE 200 India TR INR
AUM₹1070 Cr
Inception Date10 June, 2019
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
55.48%
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 (29-Nov-24)

Period
DSP Quant Fund Direct Growth
Nifty 500
equity - other
1M
-1.5%
-2.5%
-
3M
-3.6%
-5.1%
-
6M
9.3%
3.5%
-
1Y
20.4%
26%
-
3Y
9.5%
13.9%
-
5Y
15.8%
18.1%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 99.4%

  • Debt & Cash 0.6%

Large cap
77%

Mid cap
22.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
38.6%
Tech
14%
Consumer Defensive
11.7%
Health
10.6%
Basic Materials
10.1%
Industrial
7.6%
Consumer Cyclical
7.2%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-6.96%
3.58%
2.76%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -6.96% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund underperformed Nifty 500 by 0.44% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.1K Cr
₹ 1.1K Cr
₹ 1.1K Cr
  • AUM of the fund stands at 1.1K Cr as of Oct'24
  • AUM decreased by 55.1 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Mphasis Ltd's allocation increased from 1.13% to 1.75%
Mphasis Ltd's allocation increased from 1.13% to 1.75%
Godrej Consumer Products Ltd's allocation increased from 1.12% to 1.71%
Godrej Consumer Products Ltd's allocation increased from 1.12% to 1.71%
Cummins India Ltd's allocation increased from 1.16% to 1.7%
Cummins India Ltd's allocation increased from 1.16% to 1.7%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.1 % to 6.94 %
HDFC Bank Ltd's allocation decreased from 7.1 % to 6.94 %
ICICI Bank Ltd's allocation decreased from 6.25 % to 5.74 %
ICICI Bank Ltd's allocation decreased from 6.25 % to 5.74 %
Kotak Mahindra Bank Ltd's allocation decreased from 4.24 % to 3.53 %
Kotak Mahindra Bank Ltd's allocation decreased from 4.24 % to 3.53 %
Large Cap allocation has gone down from 83.4% to 77%
Large Cap allocation has gone down from 83.4% to 77%
Mid Cap allocation has gone up from 16.6% to 22.5%
Mid Cap allocation has gone up from 16.6% to 22.5%
Cash allocation has gone up from 0.1% to 0.6%
Cash allocation has gone up from 0.1% to 0.6%

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

Oct'24
Financial Services
39%
Tech
14%
Consumer Defensive
12%
Sep'24
Financial Services
40%
Tech
13%
Consumer Cyclical
11%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
50
46
46
Top 5 Company Concentration
22.9%
26.4%
26%
Company having highest exposure
HDFC Bank Ltd (6.9%)
HDFC Bank Ltd (7.1%)
HDFC Bank Ltd (7%)
No of Sectors
7
7
7
Top 5 Sectors Concentration
85.2%
83.9%
83.7%
Sector having highest exposure
Financial Services (38.6%)
Financial Services (40.1%)
Financial Services (39.5%)
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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
Fund House
DSP Asset Managers Private Limited
Total 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 (equity - other). Its expense ratio is 0.55% which is lower than the category average expense ratio of 1.14%.
Insights icon
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 32.7% return, outperforming this fund by 16.92% per annum.
Insights icon
In the last 1 year, HDFC Defence Fund Direct Growth has given 68.61% return, outperforming this fund by 48.17%.
Insights icon
Over the last 6 months, this fund has experienced a 9.3% drop in AUM moving from 1.17K Cr to 1.06K Cr.
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Over the last 1 year, this fund has decreased expense ratio by 1.8% moving from 0.56 to 0.55.
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In the last 3 years, SBI PSU Direct Growth has given 39.3% return, outperforming this fund by 29.79% 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 15.76% since inception which is less than its category average return of 18.42%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.44% in Equity, 0% in Debt and 0.56% in Cash related instruments
AUM size ₹1070 Cr

AUM size ₹1070 Cr

This fund has AUM of ₹1070 Cr which is less than its category average of ₹ 2225 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 1.2%

Frequently Asked Questions for DSP Quant Fund Direct Growth

The current NAV of DSP Quant Fund Direct Growth is ₹22.27 as on 29-Nov-2024.
Existing (Absolute + CAGR) as on 29-Nov-2024.
DSP Quant Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-1.45%
-1.45%
6 Month Returns
9.31%
9.31%
1 Year Returns
20.44%
20.44%
3 Years Returns
31.32%
9.51%
5 Years Returns
108.05%
15.78%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select your bank account and proceed with Payment.
0.55% as on November 2024
₹1070 Cr as on November 2024
HDFC Bank Ltd(6.94%), ICICI Bank Ltd(5.74%), Kotak Mahindra Bank Ltd(3.53%), Bajaj Finance Ltd(3.38%), Bajaj Finserv Ltd(3.35%) as on November 2024
Financial Services(38.43%), Tech(13.93%), Consumer Defensive(11.68%) as on November 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
-4.84
-5.76
-1.35
As on November 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
0.97
0.98
0.9
As on November 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
0.9
0.28
0.62
As on November 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
13.61
14.08
17.87
As on November 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 0.44 as on November 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%