| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.03% |
| NAV | ₹44.75 (23 Oct 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹3,668 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.5% |
| Bajaj Finance Ltd. | Financial | Equity | 4.3% |
| Bharti Airtel Ltd. | Communication | Equity | 3.8% |
| Ultratech Cement Ltd. | Construction | Equity | 3.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.5% |
| Muthoot Finance Ltd. | Financial | Equity | 3.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.2% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 3.0% |
| Infosys Ltd. | Technology | Equity | 2.8% |
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 ₹3,668 Cr and the Latest NAV as of 23 Oct 2020 is ₹44.75.
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
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.
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.