Invest in DSP Equity Savings Fund Regular Monthly IDCW Online

Benchmark: Nifty Equity Savings Index

23.52K people have invested in this fund

LumpsumMonthly SIPView performance details

Return:

Annualized

Absolute

This fund

18.00%

Nifty Equity Savings Index

14.30%

CRISIL 10 Year Gilt Index

14.15%

team 23.52K 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 Moderate Risk.

Total AUM

₹661.19 crores as of Aug 31, 2023

Age of Fund

7 years 5 months since Mar 28, 2016

Expense Ratio

1.43% as of Sep 22, 2023

Exit Load

NIL

Ideal holding period

5 Years+

Holdings

as of Aug 31, 2023

HDFC Bank Limited

5.00%

ICICI Bank Limited

3.78%

Axis Bank Limited

2.99%

IPCA Laboratories Limited

1.74%

SBI Life Insurance Company Limited

1.66%

ITC Limited

1.63%

Sun Pharmaceutical Industries Limited

1.44%

See all 26 holdings

Rolling Returns

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

View performance details

Things to know before you invest

What is in DSP Equity Savings Fund?

DSP Equity Savings Fund invests in equity, arbitrage as well as debt instruments to aim to deliver relatively more predictable return outcomes.
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.
Fund also invest in REITs & InvITs to optimise the return.

Why should one invest in DSP Equity Savings Fund?

This is a relatively lower-risk equity-oriented investment strategy compared to diversified or thematic equity funds.
Offers the potential to earn relatively better risk-adjusted returns compared to debt investments.
It aims to deliver smoother, less fluctuating investment journeys.
Lower potential tax on profits as compared to investing in FDs or debt funds.
Put options in the fund helps to manage equity volatility especially during sharp drawdowns.

Who should invest in DSP Equity Savings Fund?

Consider this fund if you
- Value smooth equity investment journeys.
- 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.
- Can be used by investor who require periodic cashflow and capital growth. This can be done using SWP.

Rethink before you invest

Equity Savings Fund carries Moderately High Risk.
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.
Arbitrage & debt instruments in the portfolio do not remove the risk altogether, they aim to reduce it.
In the past, there has been an occasion where this fund's NAV fell by 14% in 1 year.
Over any 3 year rolling time period, this fund gave negative returns 4% of the times.

Fund managers:

Abhishek Singh

Managing this fund since May 2021.

See funds managed by him

See his investing philosophy

Managing this fund since May 2021.

See funds managed by him

See his investing philosophy

Kedar Karnik

Managing this fund since July 2021.

See funds managed by him

Managing this fund since July 2021.

See funds managed by him

Jay Kothari

Managing this fund since March 2018.

See funds managed by him

Managing this fund since March 2018.

See funds managed by him

Abhishek has a total work experience of 14 years.
Abhishek has joined DSP Mutual Funds in September 2018 as Assistant Vice President in equity team. His prior experience includes working in Motilal Oswal, Idfc Securities, BNP Paribas, B&K securities and Edelweiss Financial Services.
He has done MBA in finance and holds a Bachelor degree in Electronics Engineering.

Sr. No.	Scheme Name	Managing since	Period
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. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

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.

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

Kedar joined DSP Mutual Funds from Axis Asset Management and has over 17 years of investment experience. He has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies. He has over a decade of investment experience. He has previously worked with HSBC Asset Management and CRISIL Ltd.

Note:
Mr. Kedar Karnik is managing DSP Arbitrage Fund with effect from June 16, 2020.

Sr. No.	Scheme Name	Managing since	Period
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. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

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.

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

Jay Kothari, Vice President & Product Strategist -Jay has been with DSP Mutual Funds since May 2005, and has been with the Investment function since January 2011. Jay joined the firm as a member of the Sales team (Banking) in May 2005. Prior to joining DSPAM, Jay worked for Standard Chartered Bank for a year in the Priority Banking division. Jay completed his Bachelor of Management Studies (Finance & International Finance) from Mumbai University, followed by an MBA in Finance from Mumbai University.
Jay is currently the Dedicated Fund Manager for overseas investments for the following schemes of DSP Mutual Fund.

Sr. No.	Scheme Name	Managing since	Period
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. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

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.

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

Top holdings

HDFC Bank Limited

5.00%

ICICI Bank Limited

3.78%

Axis Bank Limited

2.99%

IPCA Laboratories Limited

1.74%

SBI Life Insurance Company Limited

1.66%

Allocation by Market Cap

Large Cap

73.70%

Small Cap

12.80%

Mid Cap

10.60%

Uncategorized

3.20%

Top Sectors

Banks

11.77%

Pharmaceuticals & Biotechnology

7.23%

Insurance

2.69%

Fertilizers & Agrochemicals

1.64%

Diversified Fmcg

1.63%

Arbitrage (cash Long)

32.71%

See all 26 holdings

Top holdings

7.38% GOI 2027

10.04%

TREPS / Reverse Repo Investments / Corporate Debt Repo

6.19%

HDFC Bank Limited**

3.85%

5.74% GOI 2026

3.69%

Axis Bank Limited**

3.64%

Cash & cash equivalents

2.19%

Credit rating profile

SOV

44.20%

CRISIL A1+

23.20%

Cash & Equivalent

20.00%

CRISIL AAA

12.30%

Instrument break-up

Government Securities (Central/State)

44.30%

Money market instruments

23.30%

TREPS

20.00%

Bonds & NCDs

12.40%

See all 6 holdings

Indicators

Yield to Maturity

7.20 %

Modified Duration

1.86 Years

Portfolio Macaulay Duration

1.95 Years

Average Maturity

2.20 Years

Portfolio turnover ratio

5.17 last 12 months

Portfolio turnover ratio - Directional Equity

0.22 last 12 months

Standard Deviation

4.67 %

Sharpe Ratio

0.98

Beta

0.79

R-Squared

74.78 %

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:

MedianCAGR:

Max CAGR:

Good Returns

Negative Returns

vs Fixed Deposit

vs Category

vs Benchmark

Historical Returnsas of with investment of₹10,000
As per SEBI format
As per IDCW history

	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

Graph viewTable view

Invested as

Invested Amount

₹

Invested since

This fund

Nifty Equity Savings I…

CRISIL 10 Year Gilt In…

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

Chart type:

Returns RangesStatistics

Invested as

Invested Amount

₹

Invested period

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

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

Fund Documents

Fund presentation

KIM and Applications

Name	% of Net Assets
HDFC Bank Limited	5.00%
ICICI Bank Limited	3.78%
Axis Bank Limited	2.99%

Name	% of Net Assets
IPCA Laboratories Limited	1.74%
Sun Pharmaceutical Industries Limited	1.44%
Cipla Limited	1.19%
Alkem Laboratories Limited	1.07%
Alembic Pharmaceuticals Limited	0.94%
Suven Pharmaceuticals Limited	0.85%

Name	% of Net Assets
SBI Life Insurance Company Limited	1.66%
ICICI Lombard General Insurance Company Limited	1.03%

Name	% of Net Assets
Coromandel International Limited	0.83%
Sharda Cropchem Limited	0.81%

Name	% of Net Assets
ITC Limited	1.63%

Name	% of Net Assets
HCL Technologies Limited	1.06%
Tech Mahindra Limited	0.50%

Name	% of Net Assets
Powergrid Infrastructure Investment Trust	0.99%
Power Grid Corporation of India Limited	0.33%

Name	% of Net Assets
Hero MotoCorp Limited	1.24%

Name	% of Net Assets
Eureka Forbes Limited	1.21%

Name	% of Net Assets
Samvardhana Motherson International Limited	1.19%

Name	% of Net Assets
Oil & Natural Gas Corporation Limited	1.11%

Name	% of Net Assets
SBI Cards and Payment Services Limited	0.92%

Name	% of Net Assets
Teamlease Services Limited	0.53%

Name	% of Net Assets
7.38% GOI 2027	10.04%
5.74% GOI 2026	3.69%

Name	% of Net Assets
Axis Bank Limited**	3.64%
Small Industries Development Bank of India**	3.57%

Name	% of Net Assets
TREPS / Reverse Repo Investments / Corporate Debt Repo	6.19%

Name	% of Net Assets
HDFC Bank Limited**	3.85%

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in income distribution cum capital withdrawal (IDCW) plans of schemes are calculated after assuming that the net income distribution cum capital withdrawal (IDCW) payouts post statutory taxes & levies, are re-invested back in the scheme.
Income distribution cum capital withdrawals (IDCW) declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's income distribution cum capital withdrawal (IDCW) plans.
Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
Tracking Difference is computed as the difference between the performance of the Scheme and its Benchmark in annualised term.
Tracking Difference shall be disclosed only if the Scheme has completed 1 year period.
Fund returns used for computation are net of TER and of Growth option and benchmark returns are of total return index.
For DSP NIFTY 1D Rate Liquid ETF, growth returns are computed based on IDCW plan assuming reinvestment of payouts but gross of statutory taxes & levies and net of TER.

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in income distribution cum capital withdrawal (IDCW) plans of schemes are calculated after assuming that the net income distribution cum capital withdrawal (IDCW) payouts post statutory taxes & levies, are re-invested back in the scheme.
Income distribution cum capital withdrawals (IDCW) declared from benchmark's constituents isn't taken into account when comparing with investment in fund's income distribution cum capital withdrawal (IDCW) plans.
Performance is always compared against the latest benchmark of the fund irrespective of the date of change of fund's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
Investment in gold has a strong global market demand and gold is highly liquid asset.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
The comparison with PPF (and other traditional saving instruments/assets) has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike traditional saving instruments there is no capital protection guarantee or assurance of any return in mutual fund investment. Traditional savings instruments are comparatively low risk products and are generally backed by the Government. Investment in mutual funds carries high risk as compared to the traditional saving instruments and any investment decision needs to be taken only after consulting the Tax Consultant or Mutual Fund Distributor.
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. There is no assurance of any returns/capital protection/capital guarantee to the investors in any scheme of DSP Mutual Fund.
The sector(s)/stock(s)/issuer(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s).
The investment approach / framework/ strategy / portfolio / other data mentioned herein are dated and currently followed by the scheme and the same may change in future depending on market conditions and other factors.

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DSP Equity Savings Fund

DSP Equity Savings Fund

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

Things to know before you invest

What is in DSP Equity Savings Fund?

Why should one invest in DSP Equity Savings Fund?

Who should invest in DSP Equity Savings Fund?

Rethink before you invest

Fund managers:

Portfolio

Current Allocation

Indicators

Compare Performance

Invested Amount

Invested Amount

Fund Details

Fund Details

Investment Objective

Fund Type

Riskometer

Fund Documents

Products Offered

Product Information

For Investors

Other Information

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