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DSP Equity Savings Fund Direct IDCW Monthly

Hybrid
Equity Savings
Moderate Risk
9.40%
3Y annualised
+0.54% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹14.63
Min. SIP amountNA
Rating2
Fund size₹413.26Cr

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.8%9.4%8.3%9.4%
Category average20.4%8.3%8.2%NA
Rank with in category1277NA
Understand terms

Holdings (66)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyNCD6.0%
HDFC Bank Ltd.FinancialEquity4.9%
Powergrid Infrastructure Investment TrustServicesInvITs4.1%
ICICI Bank Ltd.FinancialEquity4.0%
India Grid TrustCapital GoodsEquity3.5%
Jindal Steel & Power Ltd.Metals & MiningEquity3.3%
HCL Technologies Ltd.TechnologyEquity3.2%
SBI Life Insurance Company Ltd.InsuranceEquity3.2%
Reliance Industries Ltd.EnergyEquity3.1%
Sharda Cropchem Ltd.ChemicalsEquity2.7%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 0.62%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 421Cr. Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 9.99%
Lower alpha: -1.55 The fund has generated returns lower than benchmark - NIFTY Equity Savings TRI - in the last 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.36%

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 investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

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
Amc Image
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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FAQs

How to Invest in DSP Equity Savings Fund Direct IDCW Monthly?

You can easily invest in DSP Equity Savings Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for DSP Equity Savings Fund Direct IDCW Monthly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in DSP Equity Savings Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does DSP Equity Savings Fund Direct IDCW Monthly provide?

The DSP Equity Savings Fund Direct IDCW Monthly has been there from 28 Mar 2016 and the average annual returns provided by this fund is 6.81% since its inception.

How much expense ratio is charged by DSP Equity Savings Fund Direct IDCW Monthly?

The term Expense Ratio used for DSP Equity Savings Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of DSP Equity Savings Fund Direct IDCW Monthly is 0.36% as of 22 May 2022...

What is the AUM of DSP Equity Savings Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of DSP Equity Savings Fund Direct IDCW Monthly is ₹413.26Cr as of 22 May 2022.

How to Redeem DSP Equity Savings Fund Direct IDCW Monthly?

If you want to sell your DSP Equity Savings Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of DSP Equity Savings Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of DSP Equity Savings Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of DSP Equity Savings Fund Direct IDCW Monthly?

The NAV of DSP Equity Savings Fund Direct IDCW Monthly is ₹14.63 as of 20 May 2022.

What is the PE and PB ratio of DSP Equity Savings Fund Direct IDCW Monthly?

The PE ratio ratio of DSP Equity Savings Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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