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DSP Equity Savings Fund Direct-Growth

NAV as of(Aug 11, 2023)

19.61 -0.31 % 1-D Change

9.48% p.a.

You get upto 0.77%extra returns

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ET Money Rank

ET Money Rank

8

Out of 16

Consistency of returns

star 3.0 Average

Protection from volatility

star 3.5 Average
fund-trend Recent trend

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ET Money's Fund Report Card - DSP Equity Savings Fund

ET Money Rank

4

Out of 20

ranking
Performance Quality info

Very Gooddrop-arrow

Generated returns consistently

3/5

Increased returns for each unit of additional risk info

4/5

Downside Protection info

Gooddrop-arrow

Controlled losses during market corrections

3/5

Delivered returns without frequent ups and downs

3/5

Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

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This fund vs
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Scheme Details

VRO Rating3
Expense ratio0.63% As on Jun 30, 2023
Exit Load0%
AUM (Fund Size) 644 Crs
Lock-inNo Lockin
Age7 yrs 5 m Since Mar 08, 2016
BenchmarkNIFTY Equity Savings TRI
Min. Investment

SIP 500 &

Lumpsum 1000

About DSP Equity Savings Fund

DSP Equity Savings Fund Direct-Growth is a Equity Savings mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 7 yrs 5 m, having been launched on 08/03/2016. DSP Equity Savings Fund Direct-Growth has ₹644 Crores worth of assets under management (AUM) as on 30/06/2023 and is medium-sized fund of its category. The fund has an expense ratio of 0.63%, which is close to what most other Equity Savings funds charge. Currently, the fund has a 34.26% allocation to equity and 25.30% to Debt.
  • DSP Equity Savings Fund Direct-Growth returns of last 1-year are 9.63%. Since launch, it has delivered 9.56% average annual returns.
  • DSP Equity Savings Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
  • The fund's equity portion is primarily invested in Financial, Healthcare, Services, Metals & Mining, Automobile sectors. It has taken less exposure in Financial, Healthcare sectors compared to other funds in the category.
  • The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
  • The fund's top 5 holdings are in GOI, HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., Small Industries Devp. Bank of India Ltd..
.....

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You would have earned ₹ 1,001 more by investing in ET Money Direct Plan

Total valueProfit
This fund
Category Average
Bank FD
Gold

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Jul 31, 2023
Allocation by Market Cap

Large Cap 22.51%

Mid Cap 6.97%

Small Cap 4.79%

Other Cap 0%

Allocation by Sector

Financial 21.65%

Healthcare 11.17%

Metals & Mining 5.41%

Services 4.57%

Top Debt Holdings

GOI 14.02%

HDFC Bank Ltd. 3.93%

Axis Bank Ltd. 3.72%

Small Industries Devp. Bank of India Ltd. 3.64%

Allocation by Credit Quality

Cash 35.11%

SOV 14.02%

A1+ 7.36%

Cash & Call Money 4.23%

Allocation by Instruments

Cash Margin 35.11%

GOI Securities 14.02%

Certificate of Deposit 7.36%

Reverse Repo 4.32%

Other Holdings

Powergrid Infrastructure Investment Trust Eq 1.1%

Others 0.08%

Comparison with equity savings Funds

as on Aug 14, 2023
Average
0.79%
1.16% p.a
This fund

Lowest
0.12%

Highest
1.65%
Pick time period to see return
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Trailing Returns and Ranks

as on Aug 14, 2023
PeriodTrailing returnsCategory average
1 month1.16%0.79%
3 months4.55%4.51%
6 months7.1%7.35%
1 year9.14%9.6%
3 years12.96%12.08%
5 years8.66%8.48%

Riskometer

Level of Risk in the Scheme

Moderately High

Investors understand that their principal will be at Moderately High risk

DSP Equity Savings Fund

HYBRID EQUITY SAVINGS

The Scheme seeks to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. The Scheme also intends to generate long-term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments.

  • Std. Dev : 4.66
  • Alpha : 4.24
  • Beta : 0.7
  • Sharpe : 1.79
  • Sortino : 3.03
  • Profile

    Kedar Karnik

    Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.

    Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..

  • Profile

    Abhishek Singh

    Mr. Singh is a B-Tech, IIT Kanpur PGDM, IIM Lucknow

    Prior to joining DSP Mutual Fund he has worked with EdelCap Securities Limited, Systematic Trading Division. Kotak Securities Limited, Proprietary Trading and Structured Products Division. Kotak Mahindra Investments Limited, Structured Products Division.

DSP Mutual Fund

DSP Mutual Fund

# SCHEMES

45

See all schemes

TOTAL AUM:

₹1,17,726 Crs

As on Jun 30, 2023

  • Phone: 1800-208-4499 / 1800-200-4499
  • Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction
    Western Express Highway,
    Andheri East
    Mumbai, 400069

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Frequently Asked questions

Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.

However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.

At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.

In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.

How are the returns of DSP Equity Savings Fund ?

The DSP Equity Savings Fund is a 7 yrs 5 m old fund and has delivered average annual returns of 9.48% since inception.

DSP Equity Savings Fund Returns

1-Year3-Year5-YearSince Inception
9.14%12.96%8.66%9.48%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of DSP Equity Savings Fund for Aug 11, 2023 is 19.61.

DSP Equity Savings Fund has an ET Money Rank of # 4 of 20 and a consistency rating of 3.

This indicates the fund has delivered above-average returns, however, the consistency at which it generates returns is not so great. If you are ok with sharp swings in your returns, you can go for this fund

On ET Money, Investing in DSP Equity Savings Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in DSP Equity Savings Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of DSP Equity Savings Fund is 0.63%. .

Redeeming your investments in DSP Equity Savings Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in DSP Equity Savings Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of DSP Equity Savings Fund is ₹644 Crs.

The DSP Equity Savings Fund's equity portion has been invested in the stocks of the following companies

CompanyPercentage of Portfolio
HDFC Bank Ltd.5.64%
ICICI Bank Ltd.3.95%
IDFC Ltd.3.52%
Reliance Industries Ltd.2.98%
Axis Bank Ltd.2.91%
Jindal Steel & Power Ltd.2.49%
Cipla Ltd.2.21%
Sun Pharmaceutical Inds. Ltd.2.1%
ITC Ltd.2.1%
Zee Entertainment Enterprises Ltd.1.81%

The DSP Equity Savings Fund's equity portion is primarily invested in the following sectors -

SectorPercentage of Portfolio
Financial21.65%
Healthcare11.17%
Metals & Mining5.41%
Services4.57%
Automobile3.34%
Consumer Staples3.25%
Insurance3.21%
Communication3.08%
Unclassified2.98%
Technology2.98%

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The DSP Equity Savings Fund's debt portion's allocation by credit quality is given below
Credit QualityPercentage of Portfolio
Cash35.11%
SOV14.02%
A1+7.36%

The top 3 debt holdings of DSP Equity Savings Fund are as follows

Holding NamePercentage of Portfolio
GOI14.02%
HDFC Bank Ltd.3.93%
Axis Bank Ltd.3.72%