DSP Equity & Bond Fund Direct Growth

Fund Overview

Fund Size

₹10,323 Cr

Expense Ratio

0.68%

ISIN

INF740K01NY4

Minimum SIP

₹100

Exit Load

1.00%

Inception Date

01 Jan 2013

About this fund

DSP Equity & Bond Fund Direct Growth is a Aggressive Allocation mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 11 years, 8 months and 11 days, having been launched on 01-Jan-13.
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹388.45, Assets Under Management (AUM) of 10322.86 Crores, and an expense ratio of 0.68%.

DSP Equity & Bond Fund Direct Growth has given a CAGR return of 15.37% since inception.
The fund's asset allocation comprises around 70.41% in equities, 26.41% in debts, and 3.17% in cash & cash equivalents.
You can start investing in DSP Equity & Bond Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+29.94%

+30.33% (Cat Avg.)

3 Years

+14.71%

+15.65% (Cat Avg.)

5 Years

+19.52%

+19.16% (Cat Avg.)

10 Years

+14.92%

+13.26% (Cat Avg.)

Since Inception

+15.37%

— (Cat Avg.)

Portfolio Summaryas of 31st August 2024

Equity	₹7,268.77 Cr	70.41%
Debt	₹2,726.74 Cr	26.41%
Others	₹327.35 Cr	3.17%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹699.05 Cr	6.77%
Bajaj Finance Ltd	Equity	₹496.17 Cr	4.81%
7.09% Govt Stock 2054	Bond - Gov't/Treasury	₹481.5 Cr	4.66%
ICICI Bank Ltd	Equity	₹468.21 Cr	4.54%
7.34% Govt Stock 2064	Bond - Gov't/Treasury	₹266.78 Cr	2.58%
Axis Bank Ltd	Equity	₹265.2 Cr	2.57%
Mahindra & Mahindra Ltd	Equity	₹256.31 Cr	2.48%
SBI Life Insurance Company Limited	Equity	₹228.98 Cr	2.22%
ITC Ltd	Equity	₹228.61 Cr	2.21%
Power Finance Corp Ltd	Equity	₹225.88 Cr	2.19%
Samvardhana Motherson International Ltd	Equity	₹208.85 Cr	2.02%
Suven Pharmaceuticals Ltd	Equity	₹192.73 Cr	1.87%
Emami Ltd	Equity	₹192.7 Cr	1.87%
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹189.87 Cr	1.84%
Indus Towers Ltd Ordinary Shares	Equity	₹185.56 Cr	1.80%
Infosys Ltd	Equity	₹172.21 Cr	1.67%
Ganesha Ecosphere Ltd	Equity	₹168.47 Cr	1.63%
Kotak Mahindra Bank Ltd	Equity	₹165.39 Cr	1.60%
Hindustan Unilever Ltd	Equity	₹164.35 Cr	1.59%
Cipla Ltd	Equity	₹163.81 Cr	1.59%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹153.45 Cr	1.49%
Avenue Supermarts Ltd	Equity	₹146.15 Cr	1.42%
Apar Industries Ltd	Equity	₹145.2 Cr	1.41%
Gujarat Fluorochemicals Ltd Ordinary Shares	Equity	₹144.75 Cr	1.40%
Century Plyboards (India) Ltd	Equity	₹144.21 Cr	1.40%
Radico Khaitan Ltd	Equity	₹134.73 Cr	1.31%
REC Ltd	Equity	₹129.16 Cr	1.25%
Tech Mahindra Ltd	Equity	₹126.96 Cr	1.23%
UNO Minda Ltd	Equity	₹123.35 Cr	1.19%
AU Small Finance Bank Ltd	Equity	₹120.5 Cr	1.17%
HCL Technologies Ltd	Equity	₹112.33 Cr	1.09%
APL Apollo Tubes Ltd	Equity	₹111.23 Cr	1.08%
7.25 Sgs MH 2044	Bond - Gov't/Treasury	₹105.18 Cr	1.02%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹104.9 Cr	1.02%
AIA Engineering Ltd	Equity	₹103.53 Cr	1.00%
Tata Motors Ltd	Equity	₹101.95 Cr	0.99%
National Bank for Financing Infrastructure & Development	Bond - Gov't Agency Debt	₹100.43 Cr	0.97%
Prudent Corporate Advisory Services Ltd	Equity	₹97.92 Cr	0.95%
Polycab India Ltd	Equity	₹93.18 Cr	0.90%
Ipca Laboratories Ltd	Equity	₹92.72 Cr	0.90%
Coforge Ltd	Equity	₹92.15 Cr	0.89%
Rainbow Childrens Medicare Ltd	Equity	₹91.45 Cr	0.89%
Alkem Laboratories Ltd	Equity	₹89.18 Cr	0.86%
SBI Cards and Payment Services Ltd Ordinary Shares	Equity	₹85.07 Cr	0.82%
PI Industries Ltd	Equity	₹83.35 Cr	0.81%
7.3% Govt Stock 2053	Bond - Gov't/Treasury	₹78.86 Cr	0.76%
JK Lakshmi Cement Ltd	Equity	₹75.48 Cr	0.73%
Bajaj Finserv Ltd	Equity	₹68.47 Cr	0.66%
HDFC Bank Limited	Bond - Corporate Bond	₹66.99 Cr	0.65%
ICICI Lombard General Insurance Co Ltd	Equity	₹56.89 Cr	0.55%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹53.62 Cr	0.52%
Mahindra & Mahindra Financial Services Ltd	Bond - Corporate Bond	₹53.61 Cr	0.52%
Atul Ltd	Equity	₹53.6 Cr	0.52%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹52.75 Cr	0.51%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹52.3 Cr	0.51%
Hdb Financial Services Limited	Bond - Corporate Bond	₹52.26 Cr	0.51%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹52.05 Cr	0.50%
HDFC Bank Limited	Bond - Corporate Bond	₹51.15 Cr	0.50%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹50.82 Cr	0.49%
Net Receivables/Payables	Cash	₹-50.8 Cr	0.49%
HDFC Bank Limited	Bond - Corporate Bond	₹50.69 Cr	0.49%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹50.68 Cr	0.49%
Hdb Financial Services Limited	Bond - Corporate Bond	₹50.24 Cr	0.49%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹50.24 Cr	0.49%
Canara Bank	Bond - Gov't Agency Debt	₹49.99 Cr	0.48%
07.10 MH Sdl 2036	Bond - Gov't/Treasury	₹49.82 Cr	0.48%
Bharat Electronics Ltd	Equity	₹49.72 Cr	0.48%
Union Bank Of India	Cash - CD/Time Deposit	₹48.63 Cr	0.47%
7.38% Govt Stock 2027	Bond - Gov't/Treasury	₹45.33 Cr	0.44%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹44.43 Cr	0.43%
Balkrishna Industries Ltd	Equity	₹43.54 Cr	0.42%
7.59% Govt Stock 2026	Bond - Gov't/Treasury	₹40.85 Cr	0.40%
JK Cement Ltd	Equity	₹36.68 Cr	0.36%
Godrej Industries Ltd	Equity	₹28.35 Cr	0.27%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹27.77 Cr	0.27%
Bharti Telecom Limited	Bond - Corporate Bond	₹26.87 Cr	0.26%
Titan Company Limited	Bond - Corporate Bond	₹26.62 Cr	0.26%
Bharti Telecom Limited	Bond - Corporate Bond	₹26.59 Cr	0.26%
Bharti Telecom Limited	Bond - Corporate Bond	₹26.56 Cr	0.26%
Bajaj Finance Limited	Bond - Corporate Bond	₹26.08 Cr	0.25%
Power Finance Corporation Limited	Bond - Corporate Bond	₹26.01 Cr	0.25%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.98 Cr	0.25%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹25.9 Cr	0.25%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹25.82 Cr	0.25%
Cholamandalam Investment And Fin. Co. Ltd	Bond - Corporate Bond	₹25.54 Cr	0.25%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.5 Cr	0.25%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹25.5 Cr	0.25%
National Bank For Financing Infrastructure And Development	Bond - Corporate Bond	₹25.49 Cr	0.25%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹25.47 Cr	0.25%
Kotak Mahindra Prime Limited	Bond - Corporate Bond	₹25.46 Cr	0.25%
Muthoot Finance Limited	Bond - Corporate Bond	₹25.44 Cr	0.25%
Bajaj Finance Limited	Bond - Corporate Bond	₹25.42 Cr	0.25%
Bajaj Finance Limited	Bond - Corporate Bond	₹25.42 Cr	0.25%
State Bank of India	Bond - Corporate Bond	₹25.39 Cr	0.25%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.19 Cr	0.24%
Muthoot Finance Limited	Bond - Corporate Bond	₹25.01 Cr	0.24%
Muthoot Finance Limited	Bond - Corporate Bond	₹25.01 Cr	0.24%
Panatone Finvest Limited	Cash - Commercial Paper	₹24.28 Cr	0.24%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹15.05 Cr	0.15%
Power Finance Corporation Limited	Bond - Corporate Bond	₹10.82 Cr	0.10%
6.76% Govt Stock 2061	Bond - Gov't/Treasury	₹4.83 Cr	0.05%
Alembic Pharmaceuticals Ltd	Equity	₹4.49 Cr	0.04%
5.63% Govt Stock 2026	Bond - Gov't/Treasury	₹4.02 Cr	0.04%
06.18 GJ Sdl 2026	Bond - Gov't/Treasury	₹1.77 Cr	0.02%
8.6% Govt Stock 2028	Bond - Gov't/Treasury	₹1.62 Cr	0.02%
7.27% Govt Stock 2026	Bond - Gov't/Treasury	₹1.04 Cr	0.01%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹3,106.89 Cr	30.10%
Consumer Cyclical	₹902.47 Cr	8.74%
Consumer Defensive	₹866.53 Cr	8.39%
Basic Materials	₹649.31 Cr	6.29%
Healthcare	₹634.37 Cr	6.15%
Technology	₹503.65 Cr	4.88%
Industrials	₹419.97 Cr	4.07%
Communication Services	₹185.56 Cr	1.80%

Risk & Performance Ratios

Fund Managers

Abhishek Singh

Since March 2024

Shantanu Godambe

Since August 2024

Additional Scheme Detailsas of 31st August 2024

ISIN

INF740K01NY4

Expense Ratio

0.68%

Exit Load

1.00%

Fund Size

₹10,323 Cr

Age

01 Jan 2013

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Hybrid 35+65 - Agg TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Aggressive Allocation Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Mahindra Manulife Aggressive Hybrid Fund Regular Growth Very High Risk	2.1%	1.0%	₹1432.17 Cr	32.5%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth Very High Risk	0.4%	1.0%	₹1432.17 Cr	34.7%
Bandhan Hybrid Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹759.92 Cr	28.6%
Bandhan Hybrid Equity Fund Regular Growth Very High Risk	2.4%	1.0%	₹759.92 Cr	26.9%
Tata Hybrid Equity Fund Regular Growth Very High Risk	1.9%	1.0%	₹4267.59 Cr	24.7%
UTI Hybrid Equity Fund Regular Growth Very High Risk	1.9%	1.0%	₹6063.77 Cr	32.1%
Nippon India Equity Hybrid Fund Regular Growth Very High Risk	2.0%	1.0%	₹3893.74 Cr	27.6%
SBI Equity Hybrid Fund Regular Growth Very High Risk	1.4%	1.0%	₹73405.39 Cr	23.6%
Canara Robeco Equity Hybrid Fund Regular Growth Very High Risk	1.7%	1.0%	₹11094.47 Cr	26.4%
Quant Absolute Fund Regular Growth Very High Risk	2.0%	1.0%	₹2300.31 Cr	30.5%

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹1,79,723 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹1404.03 Cr	-
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹103.15 Cr	-
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	0.0%	₹818.96 Cr	-
DSP Gold ETF Fund of Fund Direct Growth High Risk	0.6%	0.0%	₹31.69 Cr	-
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹1924.83 Cr	-
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹48.29 Cr	8.3%
DSP FMP Series 267 - 1246 Days Direct Growth Low to Moderate Risk	-	0.0%	₹649.14 Cr	8.1%
DSP FMP Series 261 37 Month Direct Growth Moderate Risk	-	-	-	-
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth Low to Moderate Risk	-	0.0%	-	8.1%
DSP FMP Series 268 - 1281 Days Direct Growth Low to Moderate Risk	-	-	-	8.1%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2533.14 Cr	8.6%
DSP Dynamic Asset Allocation Fund Direct Growth Moderate Risk	0.7%	1.0%	₹3237.18 Cr	20.8%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2131.74 Cr	6.8%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹630.65 Cr	25.8%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹777.91 Cr	60.0%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹2934.17 Cr	57.1%
DSP Global Allocation Fund Direct Growth Very High Risk	1.4%	0.0%	₹57.68 Cr	15.6%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4811.12 Cr	7.5%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹923.93 Cr	38.5%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2273.22 Cr	8.6%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹371.65 Cr	8.1%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12139.36 Cr	36.1%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1080.98 Cr	11.1%
DSP Equity & Bond Fund Direct Growth Very High Risk	0.7%	1.0%	₹10322.86 Cr	29.9%
DSP Focus Fund Direct Growth Very High Risk	0.9%	1.0%	₹2667.24 Cr	40.0%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	1.0%	₹191.12 Cr	16.7%
DSP India TIGER Fund Direct Growth Very High Risk	0.9%	1.0%	₹5500.38 Cr	55.9%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹18699.20 Cr	7.4%
DSP Regular Saving Fund Direct Growth Moderately High risk	0.5%	0.0%	₹178.41 Cr	15.7%
DSP Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹16571.97 Cr	37.6%
DSP Ultra Short Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2845.84 Cr	7.7%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3219.46 Cr	8.0%
DSP Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹20068.84 Cr	40.1%
DSP Natural Resource & New Energy Fund Direct Growth Very High Risk	1.0%	0.0%	₹1318.19 Cr	42.3%
DSP Equity Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹14246.48 Cr	45.1%
DSP Strategic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1502.67 Cr	10.6%
DSP Savings Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4511.94 Cr	7.5%
DSP Tax Saver Fund Direct Growth Very High Risk	0.7%	0.0%	₹17488.27 Cr	44.2%
DSP World Agriculture Direct Growth Very High Risk	1.5%	0.0%	₹12.18 Cr	1.8%
DSP Top 100 Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹4456.73 Cr	37.3%
DSP US Flexible Equity Fund Direct Growth Very High Risk	1.5%	0.0%	₹908.58 Cr	17.1%
DSP World Energy Direct Growth Very High Risk	1.5%	0.0%	₹139.15 Cr	4.2%
DSP World Gold Fund of Fund Direct Growth Very High Risk	1.6%	0.0%	₹954.58 Cr	30.0%
DSP World Mining Direct Growth Very High Risk	1.5%	0.0%	₹134.32 Cr	-0.4%
DSP Equity Savings Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1735.40 Cr	17.3%
DSP Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5945.37 Cr	8.2%
DSP Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹2588.91 Cr	7.7%
DSP 10Y G-Sec Fund Direct Growth Moderate Risk	0.3%	0.0%	₹54.40 Cr	9.4%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹91.01 Cr	8.5%

Risk Level

Your principal amount will be at Very High Risk

Still got questions?
We're here to help.

What is the current NAV of DSP Equity & Bond Fund Direct Growth?

The NAV of DSP Equity & Bond Fund Direct Growth, as of 11-Sep-2024, is ₹388.45.

What are the returns of DSP Equity & Bond Fund Direct Growth?

The fund has generated 29.94% over the last 1 year and 14.71% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of DSP Equity & Bond Fund Direct Growth?

The fund's allocation of assets is distributed as 70.41% in equities, 26.41% in bonds, and 3.17% in cash and cash equivalents.

Who manages the DSP Equity & Bond Fund Direct Growth?

The fund managers responsible for DSP Equity & Bond Fund Direct Growth are:-

Abhishek Singh
Shantanu Godambe

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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