Invest in DSP Equity Savings Fund Direct Growth Online

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 Moderately High Risk.

Total AUM

₹964.4 crores as of Mar 31, 2024

Age of Fund

8 years 22 days since Mar 28, 2016

Expense Ratio

0.48% as of Apr 16, 2024

Exit Load

NIL

Ideal holding period

5 Years+

Holdings

as of Mar 31, 2024

HDFC Bank Limited

4.95%

ICICI Bank Limited

4.20%

Bajaj Finance Limited

2.53%

ITC Limited

2.28%

Bharat Highways InvIT

2.08%

Mahindra & Mahindra Limited

1.77%

Brookfield India Real Estate

1.75%

See all 30 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

Total work experience of 17 years. Managing this fund since May 2021.

See funds managed by him

See his investing philosophy

Total work experience of 17 years. Managing this fund since May 2021.

See funds managed by him

See his investing philosophy

Kedar Karnik

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

See funds managed by him

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

See funds managed by him

Jay Kothari

Total work experience of 18 years. Managing this fund since March 2018.

See funds managed by him

Total work experience of 18 years. Managing this fund since March 2018.

See funds managed by him

Abhishek has over 16 years of experience in various investment management function. He has joined DSP Mutual Funds in January 2021 and currently is working as Vice President with our Equity team. His prior experience includes working in Kotak Mahindra group and Edelweiss.

He has done his Bachelor of Technology degree from Indian Institute of Technology Kanpur and Post Graduate Diploma in Management from Indian Institute of Management -Lucknow.

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 is Senior Vice President, Global Head International Business and Lead Investment Strategist at DSP Asset Manages. He has been with the organisation since May 2005 and with the Equity Investment team since 2011. He brings 19 years of experience across equities and global fund raising. He has an MBA in Finance from Mumbai University and a Bachelor of Management Studies (Finance & International 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

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 Mar 31, 2024

Equity 69.65%
Debt / cash 29.64%

Equity
Debt / Cash

Top holdings

HDFC Bank Limited

4.95%

ICICI Bank Limited

4.20%

Bajaj Finance Limited

2.53%

ITC Limited

2.28%

Bharat Highways InvIT

2.08%

Allocation by Market Cap

Large Cap

66.70%

Mid Cap

11.20%

Small Cap

11.20%

Uncategorized

10.70%

Top Sectors

Banks

10.58%

Pharmaceuticals & Biotechnology

5.33%

Finance

3.31%

Automobiles

2.35%

Diversified Fmcg

2.28%

Arbitrage (cash Long)

31.92%

See all 30 holdings

Top holdings

7.38% GOI 2027

6.94%

7.18% GOI 2033

4.75%

TREPS / Reverse Repo Investments / Corporate Debt Repo

4.28%

HDFC Bank Limited

2.76%

Power Finance Corporation Limited

2.69%

Cash & cash equivalents

0.71%

Credit rating profile

SOV

50.00%

CRISIL AAA

18.50%

Cash & Equivalent

14.50%

CARE AAA

8.80%

CRISIL A1+

8.40%

Instrument break-up

Government Securities (Central/State)

49.90%

Bonds & NCDs

27.00%

TREPS

14.40%

Money market instruments

8.60%

See all 9 holdings

Indicators

Yield to Maturity

7.35 %

Modified Duration

2.35 Years

Portfolio Macaulay Duration

2.51 Years

Average Maturity

3.07 Years

Portfolio turnover ratio

5.04 last 12 months

Portfolio turnover ratio - Directional Equity

0.18 last 12 months

Compare Performance

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 Returns (As per SEBI format)as of with investment of₹10,000

	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

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 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 Direct 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

Scheme disclaimers

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

Minimum Investment

Rs. 100 Lumpsum
Rs. 100 SIP– 12 instalments
Rs. 100 Minimum Additional Purchase

Fund Documents

Fund presentation

KIM and Applications

Name	% of Net Assets
HDFC Bank Limited	4.95%
ICICI Bank Limited	4.20%
Axis Bank Limited	1.43%

Name	% of Net Assets
IPCA Laboratories Limited	1.64%
Sun Pharmaceutical Industries Limited	1.18%
Suven Pharmaceuticals Limited	0.99%
Alembic Pharmaceuticals Limited	0.81%
Cipla Limited	0.71%

Name	% of Net Assets
Bajaj Finance Limited	2.53%
Power Finance Corporation Limited	0.45%
SBI Cards and Payment Services Limited	0.33%

Name	% of Net Assets
Mahindra & Mahindra Limited	1.77%
Hero MotoCorp Limited	0.58%

Name	% of Net Assets
ITC Limited	2.28%

Name	% of Net Assets
Bharat Highways InvIT	2.08%

Name	% of Net Assets
SBI Life Insurance Company Limited	1.32%
ICICI Lombard General Insurance Company Limited	0.73%

Name	% of Net Assets
Tech Mahindra Limited	1.16%
HCL Technologies Limited	0.67%

Name	% of Net Assets
Brookfield India Real Estate	1.75%

Name	% of Net Assets
Coromandel International Limited	0.56%
Sharda Cropchem Limited	0.40%

Name	% of Net Assets
Jubilant Ingrevia Limited	0.87%

Name	% of Net Assets
NTPC Limited	0.82%

Name	% of Net Assets
Samvardhana Motherson International Limited	0.75%

Name	% of Net Assets
Eureka Forbes Limited	0.75%

Name	% of Net Assets
Indus Towers Limited	0.73%

Name	% of Net Assets
Oil & Natural Gas Corporation Limited	0.64%

Name	% of Net Assets
Teamlease Services Limited	0.41%

Name	% of Net Assets
7.38% GOI 2027	6.94%
7.18% GOI 2033	4.75%
5.74% GOI 2026	2.57%
7.37% GOI 2028	0.54%

Name

% of Net Assets

7.38% GOI 2027

6.94%

7.18% GOI 2033

4.75%

5.74% GOI 2026

2.57%

7.37% GOI 2028

0.54%

Name	% of Net Assets
HDFC Bank Limited	2.76%
Power Finance Corporation Limited	2.69%
Small Industries Development Bank of India	2.56%

Name

% of Net Assets

HDFC Bank Limited

2.76%

Power Finance Corporation Limited

2.69%

Small Industries Development Bank of India

2.56%

Name	% of Net Assets
TREPS / Reverse Repo Investments / Corporate Debt Repo	4.28%

Name

% of Net Assets

TREPS / Reverse Repo Investments / Corporate Debt Repo

4.28%

Name	% of Net Assets
Small Industries Development Bank of India	2.55%

Name

% of Net Assets

Small Industries Development Bank of India

2.55%

Email ID
Mobile no.

Email ID	ABH************[email protected]
Mobile no.	******6665

Email ID

ABH************[email protected]

Mobile no.

******6665

	Folio no.	Email ID	Mobile no.
	70****76	abh************[email protected]	******6665
	42***02	abh************[email protected]	******6665

Folio no.

Email ID

Mobile no.

70****76

abh************[email protected]

******6665

42***02

abh************[email protected]

******6665

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 Moderately High 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

Minimum Investment

Fund Documents

Products Offered

Product Information

For Investors

Other Information

Mobile Number

Email Address

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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 Moderately High 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

Minimum Investment

Fund Documents

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