DSP Equity Savings Fund Direct IDCW

Hybrid
Equity Savings
Moderately High Risk
9.97%
3Y annualised
+0.26% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Sep 2022₹13.11
Min. SIP amount₹500
Rating2
Fund size₹466.23Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.8%10.0%7.9%9.3%
Category average0.9%8.0%6.5%NA
Rank with in category151010NA
Understand terms

Holdings (64)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity6.9%
Reliance Industries Ltd.EnergyNCD5.5%
ICICI Bank Ltd.FinancialEquity4.5%
Tech Mahindra Ltd.TechnologyEquity4.4%
Axis Bank Ltd.
FinancialCD4.2%
Powergrid Infrastructure Investment TrustServicesInvITs3.7%
Adani Enterprises Ltd.ServicesEquity3.7%
SBI Life Insurance Company Ltd.InsuranceEquity3.5%
GOI
SovereignGOI Sec3.1%
Reserve Bank of India
FinancialT-Bills3.1%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower AUM: 466Cr. Funds with lower AUM tend to have higher expense ratio
Exit load is zero
Low rating: 2
Lower expense ratio: 0.66%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Expense ratio, exit load and tax

Expense ratio: 0.66%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Kedar Karnik
Jul 2021 - Present
View details

Education
Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Experience
Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..
Also manages these schemes

Jay Kothari
Mar 2018 - Present
View details

Education
Mr. Kothari is a BMS and MBA from Mumbai University .
Experience
Prior to becoming the fund manager in DSPIM he has worked as the Vice President in the equity investments division as well a product strategist in DSPBRIM.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway,Andheri East Mumbai 400069
Phone
022-66178000
Launch Date
16 Dec 1996
E-mail
NA
Website
NA
DSP Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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