DSP Equity Savings Fund Direct Plan Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 21.58 as on 02-05-2024
About the Fund
DSP Equity Savings Fund Direct Plan Growth is a hybrid fund. This fund was started on 28 March, 2016. The fund is managed by Kedar Karnik, Jay Kothari. This fund gives you the benefit of diversification.
Key Parameters
- DSP Equity Savings Fund Direct Plan Growth has ₹964 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Fund Performance
142 people have invested ₹ 21.4L in DSP Equity Savings Fund Direct Plan Growth in the last three months
Overview
 | 0.51% |
 Benchmark | NIFTY Equity Savings TR INR |
 | ₹964 Cr |
 | 28 March, 2016 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 444.01% |
DSP Equity Savings Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
64%
Mid cap
29.3%
Small cap
4.8%
Sector Allocation
Financial Services
41.2%
Basic Materials
12.3%
Health
9.5%
Communication
8.8%
Energy
8.8%
Consumer Cyclical
5.2%
Tech
5.1%
Consumer Defensive
4.6%
Utilities
2.5%
Industrial
1.4%
Real Estate
0.5%
Top Holdings of DSP Equity Savings Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings85
Debt Holdings9
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 964.4 Cr as of Mar'24
- AUM increased by 78.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 24.32% return, outperforming this fund by 7.96%.
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.51% which is lower than the category average expense ratio of 1.06%.
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.74% return, outperforming this fund by 3.4% per annum.
Over the last 1 year, this fund has increased expense ratio by 27.5% moving from 0.40 to 0.51.
Over the last 6 months, this fund has experienced a 42.2% growth in AUM moving from 678.06 Cr to 964.4 Cr.
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.89% return, outperforming this fund by 4.32% per annum.
INDmoney Rank
Powered by IND quant engine
4
/8
22% Performance
65% Risk Management
75% Cost
4 out of 8 among equity savings
Peer Analysis
Fund Manager
Kedar Karnik
Fund Manager of DSP Equity Savings Fund Direct Plan Growth, since 17 July 2021
Top funds managed
Jay Kothari
Fund Manager of DSP Equity Savings Fund Direct Plan Growth, since 16 March 2018
Top funds managed
DSP Equity Savings Fund Direct Plan Growth Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 9.97% since inception which is more than its category average return of 8.05%
Fund Allocations
This fund has an allocation of 33.63% in Equity, 24.56% in Debt and 39.73% in Cash related instruments
AUM size ₹964 Cr
This fund has AUM of ₹964 Cr which is less than its category average of ₹ 1220 Cr
Expense Ratio 0.51%
This fund has an expense ratio of 0.51% which is less than its category average expense ratio of 1.16%
Frequently Asked Questions
The current NAV of DSP Equity Savings Fund Direct Plan Growth is ₹21.58 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
DSP Equity Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.66% | 1.66% |
6 Month Returns | 9.79% | 9.79% |
1 Year Returns | 16.36% | 16.36% |
3 Years Returns | 35.16% | 10.56% |
5 Years Returns | 63.55% | 10.34% |
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.
0.51% as on April 2024
₹964 Cr as on April 2024
HDFC Bank Ltd(8.67%), 7.38% Govt Stock 2027(6.94%), 7.18% Govt Stock 2033(4.75%), ICICI Bank Ltd(4.2%), Reliance Industries Ltd(3.13%) as on April 2024
Cash Equivalent(38.47%), Government(15.23%), Financial Services(13.87%) as on April 2024
AAA | 100 |
Kedar Karnik, Jay Kothari are the fund managers of DSP Equity Savings Fund Direct Plan Growth
The Exit load of DSP Equity Savings Fund Direct Plan Growth is 0%