DSP Equity & Bond Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Aggressive Hybrid Fund

Fund House : DSP Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 246.841 0.53%
(as on 17th March, 2023)

Crisil Rank

Below average performance among peers

Fund Size

: ₹ 7358.6 Cr

(4.07% of Investment in Category)

Expense Ratio

: 0.78%

(1% Category average)

Risk-O-Meter

Very High

Aggressive Hybrid Fund :Aggressive Hybrid Fund : The fund has 73.71% investment in domestic equities of which 31.9% is in Large Cap stocks, 13.16% is in Mid Cap stocks, 12.16% in Small Cap stocks.The fund has 25.17% investment in Debt, of which 12.12% in Government securities, 13.05% is in Low Risk securities.

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This Scheme

VS

Nifty 50

-2.36%

-4.59%

-2.36%

1.09%

7.75%

10.7%

17.78%
NA
-2.99%

-4.34%

-1.35%

2.35%

9.69%

10.42%

12.04%

NA
Gold

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SIP Calculator
VIP (Value Avg)

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Returns (NAV as on 17th March, 2023)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	10-Mar-23	9837.10	-1.63%	-	-1.25%	32/35
1 Month	17-Feb-23	9668.20	-3.32%	-	-2.99%	31/35
3 Month	16-Dec-22	9665.70	-3.34%	-	-4.34%	11/35
6 Month	16-Sep-22	9744.80	-2.55%	-	-1.35%	27/35
YTD	30-Dec-22	9735.30	-2.65%	-	-3.59%	11/35
1 Year	17-Mar-22	10024.10	0.24%	0.24%	2.35%	26/35
2 Year	17-Mar-21	11380.60	13.81%	6.68%	9.69%	29/35
3 Year	17-Mar-20	16183.50	61.84%	17.41%	21.24%	25/33
5 Year	16-Mar-18	16537.70	65.38%	10.57%	10.42%	13/27
10 Year	15-Mar-13	35730.00	257.30%	13.56%	13.52%	9/19
Since Inception	01-Jan-13	33833.80	238.34%	12.68%	12.04%	14/34

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 17th March, 2023)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	17-Mar-22	12000	12041.22	0.34 %	0.64 %
2 Year	17-Mar-21	24000	24215.52	0.9 %	0.86 %
3 Year	17-Mar-20	36000	41274.16	14.65 %	9.1 %
5 Year	16-Mar-18	60000	78852.54	31.42 %	10.88 %
10 Year	15-Mar-13	120000	226798.62	89 %	12.23 %

SIP Calculator Detailed Returns Analysis

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.|If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Portfolio (Updated on 28th Feb,2023)

Portfolio Turnover Ratio : 55.00% | Category average turnover ratio is 76.92%

Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)

Equity Holding : 73.71% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 73.71%

No of Stocks : 55 (Category Avg - 48.91) | Large Cap Investments : 31.9%| Mid Cap Investments : 13.16% | Small Cap Investments : 12.16% | Other : 16.49%

Top 10 Stocks in Portfolio

How to read this table?

Stock Invested in	Sector	Value(Mn)	% of Total Holdings	1M Change	1Y Highest Holding	1Y Lowest Holding	Quantity	1M Change in Qty
HDFC Bank Ltd.	Private sector bank	4819.1	6.55%	-0.02%	7.69% (Oct 2022)	4.83% (Apr 2022)	30.13 L	0.00
Bajaj Finance Ltd.	Non banking financial company (nbfc)	4211.9	5.72%	0.30%	5.72% (Feb 2023)	3.06% (Jun 2022)	6.89 L	12.40 k
ICICI Bank Ltd.	Private sector bank	3684.6	5.01%	-0.25%	6.89% (May 2022)	5.01% (Feb 2023)	43.10 L	-3.39 L
Axis Bank Ltd.	Private sector bank	2164.6	2.94%	-0.10%	3.18% (Dec 2022)	2.13% (Aug 2022)	25.64 L	0.00
Avenue Supermarts Ltd.	Diversified retail	2018.6	2.74%	-0.08%	3.19% (Dec 2022)	2.63% (Jun 2022)	5.91 L	0.00
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	1982	2.69%	-0.09%	2.78% (Jan 2023)	1.75% (Mar 2022)	2.30 L	0.00
Infosys Ltd.	Computers - software & consulting	1822.6	2.48%	-0.08%	3.7% (Mar 2022)	2.48% (Feb 2023)	12.25 L	0.00
Gujarat Gas Ltd.	Gas transmission/marketing	1231.5	1.67%	0.30%	1.73% (May 2022)	1.31% (Jul 2022)	24.39 L	2.30 L
Bharat Electronics Ltd.	Aerospace & defense	1206.4	1.64%	-0.01%	1.65% (Jan 2023)	0% (Mar 2022)	1.28 Cr	0.00
APL Apollo Tubes Ltd.	Iron & steel products	1162	1.58%	-0.03%	1.74% (Nov 2022)	1.47% (Mar 2022)	9.77 L	-0.59 L

- indicates change in weight in the portfolio. # indicates a new entry.

Detailed Portfolio Analysis

No of Debt Holding 39 (Category Avg - 25.33) | Modified Duration 1.93 Years (Category Avg - 2.14)| Yield to Maturity 7.64% (Category Avg - 7.57%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	12.12%	10.67%
CD	2.94%	1.46%
T-Bills	0.00%	1.11%
CP	0.00%	0.72%
NCD & Bonds	10.11%	11.61%
PTC	0.00%	0.03%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	12.12%	11.79%
Low Risk	13.05%	10.92%
Moderate Risk	0.00%	0.00%
High Risk	0.00%	0.00%
Very High Risk	0.00%	0.00%
Others	0.00%	0.00%

Detailed Portfolio Analysis

Name	Type of Instrument	Weight (%)
TREPS	TREPS	1.33%
Net Receivables	Net Receivables	-0.21%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 28th February, 2023)

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

15.72vs13.6

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

14.41vs1.35

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.34vs0.4

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

Better risk adjusted returns

38.65vs1.38

Category Avg

Alternative Funds (Category Peers)

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Sundaram Aggressive Hybrid Fund - Direct Plan - Growth (Adjusted NAV)	NA	2981.43	-3.25	-6.00	13.54	18.46	26.51
JM Equity Hybrid Fund - (Direct) - Growth	3	11.57	-2.23	-2.77	3.05	8.55	27.67
Quant Absolute Fund - Direct Plan - Growth	5	1013.42	-2.24	-8.39	-7.08	7.33	37.50
HDFC Hybrid Equity Fund - Direct Plan - Growth (Adjusted NAV)	2	18729.59	-2.40	-2.86	0.93	7.00	24.14
HDFC Hybrid Equity Fund - Direct Plan - Growth	4	18729.59	-2.40	-2.86	0.93	7.00	24.14
ICICI Prudential Equity & Debt Fund - Direct Plan - Growth	5	21232.91	-2.08	-2.17	1.92	6.43	29.97
Tata Hybrid Equity Fund - Direct Plan - Growth	3	3166.03	-3.36	-4.96	-1.03	5.76	21.68
Edelweiss Aggressive Hybrid Fund - Direct Plan - Growth	5	469.51	-3.07	-3.20	0.81	5.40	23.42
Motilal Oswal Equity Hybrid Fund - Direct Plan - Growth	3	385.36	-2.60	-4.43	-2.10	4.94	16.71
UTI Hybrid Equity Fund - Direct Plan - Growth	4	4286.95	-2.92	-3.25	-0.54	4.83	25.06

Detailed Comparison

More Funds from DSP Mutual Fund

Out of 50 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 4 is/are ranked 4 * , 9 is/are ranked 3 * , 5 is/are ranked 2 * , 4 is/are ranked 1 * , and 26 schemes are not ranked. See more about AMC

Scheme Name	Crisil Rank	Asset Size (Cr)	1M	3M	6M	1Y	3Y
DSP Liquidity Fund - Direct Plan - Growth	4	13582.50	0.51	1.63	3.19	5.55	4.25
DSP Midcap Fund - Direct Plan - Growth	1	13213.27	-3.71	-6.57	-7.59	-4.13	20.06
DSP Tax Saver Fund - Direct Plan - Growth	3	10129.21	-3.33	-5.62	-2.49	1.44	27.25
DSP Small Cap Fund - Direct Plan - Growth	2	8953.55	-2.16	-4.25	-4.58	1.24	35.50
DSP Flexi Cap Fund - Direct Plan - Growth	3	7725.75	-4.71	-4.82	-4.44	-0.62	20.98
DSP Equity & Bond Fund - Direct Plan - Growth	2	7358.60	-3.32	-3.34	-2.55	0.24	17.41
DSP Equity Opportunities Fund - Direct Plan - Growth	3	7110.57	-3.64	-5.61	-2.84	3.69	24.77
DSP Savings Fund - Direct Plan - Growth	1	3903.24	0.54	1.71	3.21	4.89	4.89
DSP Dynamic Asset Allocation Fund - Direct Plan - Growth	NA	3770.77	-2.60	-2.07	-2.48	1.27	11.34
DSP Low Duration Fund - Direct Plan - Growth	5	3340.95	0.52	1.63	3.05	5.02	5.22