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

: ₹ 269.508 0.2%
(as on 05th June, 2023)

Crisil Rank

Below average performance among peers

Fund Size

: ₹ 7388.61 Cr

(3.96% of Investment in Category)

Expense Ratio

: 0.76%

(0.96% Category average)

Risk-O-Meter

Very High

Aggressive Hybrid Fund :Aggressive Hybrid Fund : The fund has 74.7% investment in domestic equities of which 32.2% is in Large Cap stocks, 13.04% is in Mid Cap stocks, 11.82% in Small Cap stocks.The fund has 25.02% investment in Debt, of which 12.6% in Government securities, 12.42% is in Low Risk securities.

1M
3M
6M
1Y
2Y
5Y
ALL

This Scheme

VS

Nifty 50

2.79%

6.06%

1.12%

12.25%

8.27%

11.93%

17.97%
NA
3.32%

6%

1.71%

14.14%

10.04%

11.98%

12.89%

NA
Gold

Compare with

Date : -
NAV : -
Nifty 50 : -

1M
3M
6M
9M
1Y
2Y
3Y
5Y
ALL

Date : -
Investment : -
Value on selected date : -

Returns Calculator
SIP Calculator
VIP (Value Avg)

Amount

₹

Investment Date
Sell Date

Investment Value

-
Sell Value

-
Profit/Loss

-
Annualised Returns

-

Date : -
Investment : -
Value on selected date : -

Returns (NAV as on 05th June, 2023)

Period Invested for	₹10000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	29-May-23	10073.30	0.73%	-	0.81%	14/35
1 Month	05-May-23	10383.90	3.84%	-	2.98%	11/35
3 Month	03-Mar-23	10662.40	6.62%	-	6.60%	10/35
6 Month	05-Dec-22	10394.00	3.94%	-	1.45%	4/35
YTD	30-Dec-22	10629.30	6.29%	-	3.76%	3/35
1 Year	03-Jun-22	11544.70	15.45%	15.36%	13.36%	11/35
2 Year	04-Jun-21	11575.90	15.76%	7.58%	10.20%	28/35
3 Year	05-Jun-20	16884.60	68.85%	19.08%	21.86%	22/33
5 Year	05-Jun-18	18000.20	80.00%	12.47%	11.63%	12/28
10 Year	05-Jun-13	38944.60	289.45%	14.55%	14.15%	6/19
Since Inception	01-Jan-13	36940.70	269.41%	13.35%	12.86%	14/34

Returns Calculator Detailed Returns Analysis

SIP Returns (NAV as on 05th June, 2023)

Period Invested for	₹1000 SIP Started on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	03-Jun-22	12000	12957.16	7.98 %	15.09 %
2 Year	04-Jun-21	24000	25978.2	8.24 %	7.82 %
3 Year	05-Jun-20	36000	43040.94	19.56 %	11.96 %
5 Year	05-Jun-18	60000	84215.67	40.36 %	13.53 %
10 Year	05-Jun-13	120000	239714.7	99.76 %	13.26 %

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 30th Apr,2023)

Portfolio Turnover Ratio : 44.00% | Category average turnover ratio is 140.34%

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 : 74.70% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 74.70%

No of Stocks : 53 (Category Avg - 49.42) | Large Cap Investments : 32.2%| Mid Cap Investments : 13.04% | Small Cap Investments : 11.82% | Other : 17.64%

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	5084.2	6.88%	0.13%	7.69% (Oct 2022)	4.96% (May 2022)	30.13 L	0.00
Bajaj Finance Ltd.	Non banking financial company (nbfc)	4327.7	5.86%	0.47%	5.86% (Apr 2023)	3.06% (Jun 2022)	6.89 L	0.00
ICICI Bank Ltd.	Private sector bank	3955.3	5.35%	0.09%	6.89% (May 2022)	5.01% (Feb 2023)	43.10 L	0.00
Axis Bank Ltd.	Private sector bank	2205.3	2.98%	-0.08%	3.18% (Dec 2022)	2.13% (Aug 2022)	25.64 L	0.00
Avenue Supermarts Ltd.	Diversified retail	2074.7	2.81%	0.01%	3.19% (Dec 2022)	2.63% (Jun 2022)	5.91 L	0.00
Maruti Suzuki India Ltd.	Passenger cars & utility vehicles	1794.3	2.43%	-0.22%	2.78% (Jan 2023)	2.09% (May 2022)	2.09 L	-0.21 L
Infosys Ltd.	Computers - software & consulting	1534.9	2.08%	-0.35%	3.69% (Jun 2022)	2.08% (Apr 2023)	12.25 L	0.00
Motherson Sumi Systems Ltd.	Auto components & equipments	1339.9	1.81%	0.61%	1.81% (Apr 2023)	0.69% (Oct 2022)	1.83 Cr	53.98 L
Bharat Electronics Ltd.	Aerospace & defense	1317.4	1.78%	0.05%	1.78% (Apr 2023)	0.77% (May 2022)	1.28 Cr	0.00
Apar Industries Ltd.	Other electrical equipment	1292.5	1.75%	0.15%	1.75% (Apr 2023)	0% (May 2022)	4.60 L	0.00

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

Detailed Portfolio Analysis

No of Debt Holding 41 (Category Avg - 25.73) | Modified Duration 2.22 Years (Category Avg - 2.34)| Yield to Maturity 7.32% (Category Avg - 7.45%)

Type of Holdings

Security Type	% Weight	Category Average
GOI	12.60%	9.70%
CD	0.33%	1.08%
T-Bills	0.00%	0.94%
CP	0.34%	0.94%
NCD & Bonds	11.75%	12.16%
PTC	0.00%	0.03%

Investment / Portfolio Grades

Security Type	% Weight	Category Average
Government Backed	12.60%	10.65%
Low Risk	12.42%	11.32%
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	0.50%
Net Receivables	Net Receivables	-0.22%

Detailed Portfolio Analysis

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st May, 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

11.36vs10.5

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

1.06vs1.03

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.

Better risk adjusted returns

1.06vs0.98

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. 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 beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.11vs0.14

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.

Poor risk adjusted returns

-0.41vs1.02

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	3073.48	3.27	5.11	-0.47	31.70	26.56
JM Equity Hybrid Fund - (Direct) - Growth	3	13.08	4.70	4.96	3.43	20.29	29.13
Edelweiss Aggressive Hybrid Fund - Direct Plan - Growth	4	538.90	3.43	6.27	4.02	17.60	23.70
HDFC Hybrid Equity Fund - Direct Plan - Growth (Adjusted NAV)	2	19438.80	2.62	6.08	3.70	17.56	24.26
HDFC Hybrid Equity Fund - Direct Plan - Growth	4	19438.80	2.62	6.08	3.70	17.56	24.26
Mahindra Manulife Aggressive Hybrid Fund - Direct Plan - Growth	4	651.06	4.29	6.81	2.57	16.29	24.33
Nippon India Equity Hybrid Fund - Direct Plan - Growth	3	2820.72	3.21	6.73	2.78	16.24	23.10
UTI Hybrid Equity Fund - Direct Plan - Growth	3	4440.97	3.43	6.65	3.44	16.15	23.95
PGIM India Hybrid Equity Fund - Direct Plan - Growth	3	222.01	4.02	6.37	4.15	15.81	18.95
Tata Hybrid Equity Fund - Direct Plan - Growth	3	3249.31	3.02	5.50	1.41	15.62	21.62

Detailed Comparison

More Funds from DSP Mutual Fund

Out of 50 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 3 is/are ranked 4 * , 7 is/are ranked 3 * , 10 is/are ranked 2 * , 2 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 Midcap Fund - Direct Plan - Growth	1	13441.17	5.01	7.51	1.25	12.96	21.22
DSP Tax Saver Fund - Direct Plan - Growth	3	10512.55	4.56	6.10	1.05	15.44	26.95
DSP Small Cap Fund - Direct Plan - Growth	2	9408.99	7.30	10.54	6.43	19.46	39.88
DSP Liquidity Fund - Direct Plan - Growth	4	9375.19	0.60	1.82	3.46	6.34	4.39
DSP Flexi Cap Fund - Direct Plan - Growth	3	7847.24	4.91	7.79	3.99	18.16	23.72
DSP Equity & Bond Fund - Direct Plan - Growth	2	7388.61	3.84	6.62	3.94	15.36	19.08
DSP Equity Opportunities Fund - Direct Plan - Growth	3	7326.03	4.60	6.34	1.44	18.03	25.50
DSP Savings Fund - Direct Plan - Growth	2	4114.81	0.69	2.21	3.85	6.71	4.71
DSP Dynamic Asset Allocation Fund - Direct Plan - Growth	NA	3567.88	2.89	5.09	3.83	10.69	11.12
DSP Low Duration Fund - Direct Plan - Growth	5	3124.97	0.66	2.27	3.77	6.57	5.02