DSP Equity Savings Fund Direct Dividend-0.04%

3.69%
1 Year Return
Hybrid
Equity Savings
2.0star
6M
1Y
3Y
All

Fund Details

DSP Equity Savings Fund Direct Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.86%
NAV12.10 (29 Oct 2020)
Fund Started28 Mar 2016
Fund Size406 Cr

Returns

1Y
3Y*
5Y*
Since inception*
DSP Equity Savings Fund Direct Dividend
3.7%
4.6%
NA
7.9%
Category Average
3.9%
3.4%
5.6%
-
Rank within category
17
10
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.7% annual returns

    Comparison

    Data not available
    Pros
    1. 3Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 1Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyNCD6.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity6.4%
    India Grid TrustEngineeringEquity6.1%
    ICICI Bank Ltd.FinancialEquity4.2%
    HDFC Bank Ltd.FinancialEquity2.9%
    Dabur India Ltd.FMCGEquity2.8%
    Power Finance Corpn. Ltd.FinancialNCD2.7%
    Bharti Airtel Ltd.CommunicationEquity2.7%
    Aurobindo Pharma Ltd.HealthcareEquity2.6%
    Infosys Ltd.TechnologyEquity2.6%
    See All

    Fund Managers

    addGopal Agrawal
    Education
    Mr.Agrawal is a B.E and MBM.
    Experience
    Prior to joining HDFC Mutual Fund he has worked with DSP Mutual Fund, Tata AMC, Mirae Asset Mutual Fund ,SBI Mutual Fund, Kotak Securities, HDFC Securities, IDBI Capital, UTI Securities and IPCL.
    Funds Managed
    addVinit Sambre
    Education
    Mr. Sambre is a B.Com and FCA.
    Experience
    Prior to joining DSP he was associated with DSP Merrill Lynch Ltd.(Nov 2005 to Jun 2007), IL & FS Investsmart Ltd. (Dec 2002 to Oct 2005), Unit Trust of India Investment Advisory Services Ltd.(Jun 2000 to Dec 2002), Kisan Ratilal Choksey Shares and Securities Pvt. Ltd. (March 1999 to May 2000) and Credit Rating Information Service of India Ltd.(Apr 1998 to Feb 1999).
    Funds Managed
    addJay Kothari
    Education
    Mr. Kothari is a BMS and MBA from Mumbai University .
    Experience
    Prior to becoming the fund manager in DSPBR he has worked as the Vice President in the equity investments division as well a product strategist in DSPBRIM.
    Funds Managed
    addSaurabh Bhatia
    Education
    Mr. Bhatia holds Post Graduation Diploma in Business Management, Finance.
    Experience
    Prior to joining DSPBR Mutual Fund, had worked with ICICI Bank, HSBC Global Asset Management.
    Funds Managed

    DSP Equity Savings Fund Direct Dividend Details

    DSP Equity Savings Fund Direct Dividend is a Hybrid Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 28 Mar 2016. Kedar Karnik, Vikram Chopra, Mayur Patel is the Current Fund Manager of DSP Equity Savings Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹406 Cr and the Latest NAV as of 29 Oct 2020 is ₹12.10.

    The DSP Equity Savings Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

    Investment Objective

    The Scheme seeks 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.

    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.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
    Exit Load

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    About DSP Mutual Fund

    Address
    Mafatlal Centre, 10th Floor, Nariman Point Mumbai 400021
    Phone
    022 66578000
    Launch Date
    16 Dec 1996
    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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