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DSP Equity Savings Fund

DSP Equity Savings Fund

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Benchmark: Nifty Equity Savings Index info icon

28.02K people have invested in this fund

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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 28.02K 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

2,161.54 crores as of Oct 31, 2024

Age of Fund

8 years 8 months since Mar 28, 2016

Expense Ratio

1.3% as of Dec 04, 2024

Exit Load

NIL

Ideal holding period

5 Years+

Holdings

as of Oct 31, 2024

HDFC Bank Limited

3.60%

ICICI Bank Limited

2.90%

Brookfield India Real Estate

1.73%

Mahindra & Mahindra Limited

1.72%

Bajaj Finance Limited

1.71%

Bharat Highways InvIT

1.68%

ITC Limited

1.49%

Large Cap

69.70%

Uncategorized

12.90%

Small Cap

12.10%

Mid Cap

5.40%

Banks

28.70%

Finance

8.20%

Automobiles

8.10%

Pharmaceuticals & Biotechnology

7.30%

Realty

5.50%

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. DSP Equity Savings 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.
  3. Fund also invest in REITs & InvITs to optimise the return.
  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.
  5. Put options in the fund helps to manage equity volatility especially during sharp drawdowns.
  1. 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.
  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

Total work experience of 18 years. Managing this fund since May 2021.
Total work experience of 18 years. Managing this fund since May 2021.

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Kaivalya Nadkarni

Kaivalya Nadkarni

Total work experience of 6 years. Managing this fund since October 2024.
Total work experience of 6 years. Managing this fund since October 2024.

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Shantanu Godambe

Shantanu Godambe

Total work experience of 17 years. Managing this fund since August 2024.
Total work experience of 17 years. Managing this fund since August 2024.

arrow_forwardSee funds managed by him

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 Oct 31, 2024

Top holdings

HDFC Bank Limited

3.60%

ICICI Bank Limited

2.90%

Brookfield India Real Estate

1.73%

Mahindra & Mahindra Limited

1.72%

Bajaj Finance Limited

1.71%

Allocation by Market Cap

Large Cap

69.70%

Uncategorized

12.90%

Small Cap

12.10%

Mid Cap

5.40%

Top Sectors

Arbitrage (cash Long)

37.71%

Banks

8.99%

Finance

2.58%

Automobiles

2.55%

Pharmaceuticals & Biotechnology

2.28%

Top holdings

No Data to display

Top holdings

8.51% GOI FRB 2033

5.28%

TREPS / Reverse Repo Investments

4.82%

7.38% GOI 2027

3.13%

7.09% GOI 2054

2.14%

7.10% GOI 2034

1.66%

Cash & cash equivalents

1.28%

Credit rating profile

SOV

67.90%

Cash & Equivalent

16.20%

CRISIL AAA

12.00%

CRISIL A1+

3.70%

Instrument break-up

Government Securities (Central/State)

63.50%

TREPS

16.20%

Bonds & NCDs

11.90%

Money market instruments

8.30%


Indicators

Yield to Maturity

7.00 %

Modified Duration

3.27 Years

Portfolio Macaulay Duration

3.39 Years

Average Maturity

7.94 Years

Portfolio turnover ratio

5.34 last 12 months

Portfolio turnover ratio - Directional Equity

0.15 last 12 months

Standard Deviation

4.38 %

Sharpe Ratio

0.63

Beta

0.87

R-Squared

85.27 %

Compare Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:
MedianCAGR:
Max CAGR:

Good Returns

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Negative Returns

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vs Category

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vs Benchmark

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  • Historical Returnsas 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 # Additional 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

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Riskometer

team 28.02K peoplehave invested in this fund as of