Fund Details
DSP Equity Direct Plan Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.96% |
| NAV | ₹55.36 (22 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹4,613 Cr |
Returns
Comparison
1. Lower expense ratio - 1.03%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 7.8% |
| HDFC Bank Ltd. | Financial | Equity | 7.2% |
| Infosys Ltd. | Technology | Equity | 4.2% |
| Bajaj Finance Ltd. | Financial | Equity | 3.5% |
| Bharti Airtel Ltd. | Communication | Equity | 3.2% |
| Ultratech Cement Ltd. | Construction | Equity | 3.1% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 2.9% |
| Avenue Supermarts Ltd. | Services | Equity | 2.9% |
| Muthoot Finance Ltd. | Financial | Equity | 2.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.6% |
Fund Managers
DSP Equity Direct Plan Growth Details
DSP Equity Direct Plan Growth is a Equity Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Atul Bhole is the Current Fund Manager of DSP Equity Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,613 Cr and the Latest NAV as of 22 Jan 2021 is ₹55.36.
The DSP Equity Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed less than 12 months
Investment Objective
The scheme seeks to generate long-term capital appreciation, from a portfolio which is substantially constituted of equity and equity related securities and may also invest a certain portion of its corpus in debt and money market securities, in order to meet liquidity requirements from time to time. In Picking out individual investment opportunities for the portfolio, the investment manager will seek both value & growth.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
