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DSP Equity Savings Fund

DSP Equity Savings Fund

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Benchmark: Nifty Equity Savings Index info icon

22.57K people have invested in this fund

View performance details

Return:

This fund

18.00%

Nifty Equity Savings Index

14.30%

CRISIL 10 Year Gilt Index

14.15%

Invested

Earning

This fund

18.00%

Nifty Equity Savings Index

14.30%

CRISIL 10 Year Gilt Index

14.15%

team 22.57K people have invested in this fund as of

This is a Hybrid, Equity Savings fund with Nifty Equity Savings Index as its benchmark. The risk level for this fund is categorized as Moderately High Risk.

Total AUM

535.43 crores as of Feb 28, 2023

Age of Fund

6 years 11 months since Mar 28, 2016

Expense Ratio

1.43% as of Mar 17, 2023

Exit Load

NIL

Ideal holding period

5 Years+

Holdings

  as of Feb 28, 2023

Housing Development Finance Corporation Limited

5.57%

ICICI Bank Limited

3.76%

Axis Bank Limited

3.09%

Powergrid Infrastructure Investment Trust

2.90%

India Grid Trust

2.45%

HCL Technologies Limited

2.18%

Power Grid Corporation of India Limited

1.75%

Large Cap

64.50%

Uncategorized

13.00%

Small Cap

11.70%

Mid Cap

10.70%

Finance

17.50%

Power

16.60%

Banks

16.00%

Pharmaceuticals & Biotechnology

13.10%

It - Software

8.30%

Rolling Returns

Bars show distribution of returns in given range for selected time period.

View performance details

Things to know before you invest

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What is in DSP Equity Savings Fund?

  1. This fund invests in equity, arbitrage as well as debt instruments to aim to deliver relatively more predictable return outcomes.
  2. The equity portion provides the 'boost', the debt portion tries to 'shield' the portfolio from corrections & arbitrage helps take advantage of tactical profit-booking opportunities.
  1. This is a relatively lower-risk equity-oriented investment strategy compared to diversified or thematic equity funds.
  2. Offers the potential to earn relatively better risk-adjusted returns compared to debt investments.
  3. It aims to deliver smoother, less fluctuating investment journeys.
  4. Lower potential tax on profits as compared to investing in FDs or debt funds.
  1. Consider this fund if you
    • Value smooth equity investment journeys with relatively more predictable outcomes.
    • Want to invest in equity but for shorter time periods.
    • Recognize that market falls are normal while investing in equity.
    • Accept that equity investing means exposure to risk.
    • Do not chase the highest possible returns at all times
  1. Equity Savings Fund carries Moderately High Risk.
  2. It will not deliver returns higher than diversified or sectoral equity funds, so if very high returns is your goal, this is not the right fund.
  3. Arbitrage & debt instruments in the portfolio do not remove the risk altogether, they aim to reduce it.

Fund managers:

Abhishek Singh

Abhishek Singh

Managing this fund since May 2021.
Managing this fund since May 2021.

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Kedar Karnik

Kedar Karnik

Managing this fund since July 2021.
Managing this fund since July 2021.

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Jay Kothari

Jay Kothari

Managing this fund since March 2018.
Managing this fund since March 2018.

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Portfolio

Prescribed asset allocation: 65% - 75% Equity & Equity related instruments including derivatives: 65%-75% of which cash-futures arbitrage*:10%- 55% , Of which net long equity exposure^ : 20%-55% , 10% - 35% Debt and money market instruments , 0% - 10% Units of REITs & InvITs
When adequate arbitrage opportunities are not available and accessible in the cash and derivative market segment (Defensive Consideration), the asset allocation of the Scheme will be as follows - Equity & Equity related instruments including derivatives: 55%-65% ,of which cash-futures arbitrage*:0%- 45% , of which net long equity exposure^ : 20%-55% & Debt and money market instruments 25% - 60% , Units issued by REITs & InvITs ? 0% - 10%
*Refers to equity exposure completely hedged with corresponding equity derivatives.
^Refers to only net long equity exposures aimed to gain from potential capital appreciation and thus is a directional equity exposure which will not be hedged.

Current Allocation

as of Feb 28, 2023

Top holdings

Housing Development Finance Corporation Limited

5.57%

ICICI Bank Limited

3.76%

Axis Bank Limited

3.09%

Powergrid Infrastructure Investment Trust

2.90%

India Grid Trust

2.45%

Allocation by Market Cap

Large Cap

64.50%

Uncategorized

13.00%

Small Cap

11.70%

Mid Cap

10.70%

Top Sectors

Finance

7.47%

Power

7.10%

Banks

6.85%

Pharmaceuticals & Biotechnology

5.62%

It - Software

3.56%

Arbitrage (cash Long)

28.81%

Top holdings

7.38% GOI 2027

6.62%

Reliance Industries Limited**

4.98%

Canara Bank**

4.51%

5.74% GOI 2026

4.50%

TREPS / Reverse Repo Investments / Corporate Debt Repo

3.89%

Cash & cash equivalents

0.26%

Credit rating profile

SOV

52.30%

CRISIL AAA

17.80%

CRISIL A1+

16.00%

Cash & Equivalent

13.90%

Instrument break-up

Government Securities (Central/State)

52.40%

Bonds & NCDs

17.70%

Money market instruments

16.00%

TREPS

13.80%


Indicators

Yield to Maturity

7.29 %

Modified Duration

1.72 Years

Portfolio Macaulay Duration

1.78 Years

Average Maturity

2.01 Years

Portfolio turnover ratio

4.44 last 12 months

Portfolio turnover ratio - Directional Equity

0.18 last 12 months

Standard Deviation

10.87 %

Sharpe Ratio

0.20

Beta

1.26

R-Squared

85.78 %

Compare Performance

Performance highlights over last

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Annual returns

Current value

Min CAGR:
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  • Historical Returns (As per SEBI format)as of with investment of10,000

This fund Nifty Equity Savings Index ^ CRISIL 10 Year Gilt In #
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

Nifty Equity Savings I

CRISIL 10 Year Gilt In

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Mar 28, 2016.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Standard Benchmark

Fund Details

Fund Details

Investment Objective

The investment objective of the Scheme is 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.
However, there can be no assurance that the investment objective of the scheme will be realized.

Fund Type

Hybrid
Equity Savings

An open ended scheme investing in equity, arbitrage and debt

Riskometer

Level of Risk in the fund

View details
Investors understand that their
principal will be at Moderately High Risk

Minimum Investment

Rs.  500 Lumpsum
Rs.  500 SIP– 12 instalments
Rs.  500 Minimum Additional Purchase

team 22.57K peoplehave invested in this fund as of