|Min SIP Amount||Not Supported|
|NAV||₹14.80 (23 Jul 2021)|
|Fund Started||28 Mar 2016|
|Fund Size||₹373 Cr|
|Reliance Industries Ltd.||Energy||NCD||7.1%|
|ICICI Bank Ltd.||Financial||Equity||5.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.7%|
|Powergrid Infrastructure Investment Trust||Services||Infra Invest Trust||3.9%|
|Ipca Laboratories Ltd.||Healthcare||Equity||3.6%|
|India Grid Trust||Engineering||Equity||3.6%|
|HDFC Bank Ltd.||Financial||Equity||3.3%|
DSP Equity Savings Fund Direct IDCW Quarterly 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 IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹373 Cr and the Latest NAV as of 23 Jul 2021 is ₹14.80.
The DSP Equity Savings Fund Direct IDCW Quarterly is rated Moderately High risk. Minimum SIP Investment is set to 500. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
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.
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.