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

₹423.83 crores as of May 31, 2022

Age of Fund

6 years 2 months since Mar 28, 2016

Expense Ratio

1.43% as of Jun 24, 2022

Exit Load

NIL

Ideal holding period

Long-term Horizon

Holdings

as of May 31, 2022

HDFC Bank Limited

5.06%

ICICI Bank Limited

4.09%

Powergrid Infrastructure Investment Trust

4.08%

SBI Life Insurance Company Limited

3.31%

India Grid Trust

3.22%

HCL Technologies Limited

2.80%

ITC Limited

2.72%

See all 24 holdings

Rolling Returns

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

View performance details

Things to know before you invest

This 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.

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.

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

This 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.

Fund managers:

Abhishek Singh

Managing this fund since May 2021.

See funds managed by him

Managing this fund since May 2021.

See funds managed by him

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 over 14 years.
He joined DSP Investment Managers in January 2021 as Assistant Vice President in the Equity Team Abhishek has worked with Kotak Mahindra Group and Edelweiss in the past.
He is an Electrical Engineer (IIT, Kanpur) and has a Post Graduate Diploma in Management from IIM, Lucknow.

Sr. No.	Period	1 Year	3 Years	5 Years
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.

Period

1 Year

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

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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 Investment Managers from Axis Asset Management and has over 10 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.	Period	1 Year	3 Years	5 Years
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.

Period

1 Year

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 Investment Managers 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 DSPIM, 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.	Period	1 Year	3 Years	5 Years
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.

Period

1 Year

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*:25%- 55% , Of which net long equity exposure^ : 20%-40% , 15% - 35% *Debt and Money Market Securities , 0% - 10% Units of REITs & InvITs

Current Allocation as of May 31, 2022

Equity 73.53%
Debt / cash 25.91%

Equity
Debt / Cash

Top holdings

HDFC Bank Limited

5.06%

ICICI Bank Limited

4.09%

Powergrid Infrastructure Investment Trust

4.08%

SBI Life Insurance Company Limited

3.31%

India Grid Trust

3.22%

Allocation by Market Cap

Large Cap

56.70%

Uncategorized

19.60%

Mid Cap

16.30%

Small Cap

7.30%

Top Sectors

Banks

11.36%

Power

7.30%

Pharmaceuticals & Biotechnology

4.65%

Insurance

3.82%

Fertilizers & Agrochemicals

3.67%

Arbitrage (cash Long)

27.83%

See all 24 holdings

Top holdings

Reliance Industries Limited**

6.01%

TREPS / Reverse Repo Investments / Corporate Debt Repo

5.38%

Axis Bank Limited

4.51%

364 DAY T-BILL 16032023

3.39%

182 DAY T-BILL 08092022

2.33%

Cash & cash equivalents

0.56%

Credit rating profile

SOV

38.60%

CRISIL AAA

23.20%

Cash & Equivalent

20.80%

CRISIL A1+

17.40%

Instrument break-up

Money market instruments

55.60%

Bonds & NCDs

23.20%

TREPS

20.80%

Government Securities (Central/State)

0.40%

See all 9 holdings

Indicators

Yield to Maturity

5.38 %

Modified Duration

0.45 Years

Portfolio Macaulay Duration

0.48 Years

Average Maturity

0.48 Years

Portfolio turnover ratio

4.25 last 12 months

Portfolio turnover ratio - Directional Equity

0.24 last 12 months

Standard Deviation

11.09 %

Sharpe Ratio

0.29

Beta

1.34

R-Squared

87.00 %

Compare Performance

Performance highlights over last

for

investment

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Good Returns

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vs Fixed Deposit

vs Category

vs Benchmark

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

	This fund		Nifty Equity Savings I… ^{^}		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%

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

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

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

Fund Documents

Fund presentation

KIM and Applications

Name	% of Net Assets
Cipla Limited	1.39%
Lupin Limited	1.20%
IPCA Laboratories Limited	1.18%
Alkem Laboratories Limited	0.88%

Name	% of Net Assets
SBI Life Insurance Company Limited	3.31%
ICICI Lombard General Insurance Company Limited	0.51%

Name	% of Net Assets
Sharda Cropchem Limited	2.55%
Coromandel International Limited	1.12%

Name	% of Net Assets
HCL Technologies Limited	2.80%
Infosys Limited	0.81%

Name	% of Net Assets
Crompton Greaves Consumer Electricals Limited	1.50%
Eureka Forbes Limited	1.13%

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

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Name	% of Net Assets
Aptus Value Housing Finance India Limited	1.56%
Manappuram Finance Limited	0.78%

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

	Folio no.	Email ID	Mobile no.
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DSP Equity Savings Fund

DSP Equity Savings Fund Regular - Growth Regular - IDCW Regular - Monthly IDCW Regular - Quarterly IDCW Direct - Growth Direct - IDCW Direct - Monthly IDCW Direct - Quarterly IDCW

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

Fund managers:

Portfolio

Compare Performance

Fund Details

Fund Details

DSP Equity Savings Fund