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DSP Equity Savings Fund Direct Growth
HybridEquity SavingsModerately High risk
Direct
NAV (12-Sep-25)
₹24.570.18%1D
Returns (Since Inception)
9.97%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹3,501 Cr
Expense Ratio
0.35%
ISIN
INF740KA1504
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
28 Mar 2016
About this fund
DSP Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 9 years, 5 months and 18 days, having been launched on 28-Mar-16.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹24.57, Assets Under Management (AUM) of 3500.84 Crores, and an expense ratio of 0.35%.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹24.57, Assets Under Management (AUM) of 3500.84 Crores, and an expense ratio of 0.35%.
- DSP Equity Savings Fund Direct Growth has given a CAGR return of 9.97% since inception.
- The fund's asset allocation comprises around 30.49% in equities, 22.72% in debts, and 46.79% in cash & cash equivalents.
- You can start investing in DSP Equity Savings 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
+5.31%
+4.25% (Cat Avg.)
3 Years
+10.70%
+9.74% (Cat Avg.)
5 Years
+12.18%
+10.92% (Cat Avg.)
Since Inception
+9.97%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2025
| Equity | ₹1,067.38 Cr | 30.49% |
| Debt | ₹795.33 Cr | 22.72% |
| Others | ₹1,638.06 Cr | 46.79% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹1,350.87 Cr | 37.62% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹245.08 Cr | 6.83% |
| 7.81% Govt Stock 2033 | Bond - Gov't/Treasury | ₹235.83 Cr | 6.57% |
| HDFC Bank Ltd | Equity | ₹213.62 Cr | 5.95% |
| Axis Bank Ltd | Equity | ₹138.87 Cr | 3.87% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-112.14 Cr | 3.12% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-101.24 Cr | 2.82% |
| Reliance Industries Ltd | Equity | ₹100.7 Cr | 2.80% |
| Kotak Mahindra Bank Ltd | Equity | ₹96.72 Cr | 2.69% |
| State Bank of India | Equity | ₹96.26 Cr | 2.68% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-91.91 Cr | 2.56% |
| Mahindra & Mahindra Ltd | Equity | ₹91.74 Cr | 2.55% |
| Tata Consultancy Services Ltd | Equity | ₹91.45 Cr | 2.55% |
| ICICI Bank Ltd | Equity | ₹87.36 Cr | 2.43% |
| Infosys Ltd | Equity | ₹87.29 Cr | 2.43% |
| ITC Ltd | Equity | ₹82.08 Cr | 2.29% |
| Future on Axis Bank Ltd | Equity - Future | ₹-77.92 Cr | 2.17% |
| Cipla Ltd | Equity | ₹77.87 Cr | 2.17% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-75.57 Cr | 2.10% |
| Adani Enterprises Ltd | Equity | ₹75.09 Cr | 2.09% |
| Future on Tata Motors Ltd | Equity - Future | ₹-68.86 Cr | 1.92% |
| NTPC Ltd | Equity | ₹68.75 Cr | 1.91% |
| Tata Motors Ltd | Equity | ₹68.45 Cr | 1.91% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹67.62 Cr | 1.88% |
| Future on State Bank of India | Equity - Future | ₹-61.37 Cr | 1.71% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹58.68 Cr | 1.63% |
| SBI Life Insurance Co Ltd | Equity | ₹57.41 Cr | 1.60% |
| 8.17% Govt Stock 2044 | Bond - Gov't/Treasury | ₹56.82 Cr | 1.58% |
| Bajaj Finance Ltd | Equity | ₹56.8 Cr | 1.58% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-52.87 Cr | 1.47% |
| Bharti Airtel Ltd | Equity | ₹52.57 Cr | 1.46% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹52.43 Cr | 1.46% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹52.38 Cr | 1.46% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹50.42 Cr | 1.40% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-47.66 Cr | 1.33% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹47.49 Cr | 1.32% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-40.86 Cr | 1.14% |
| Brookfield India Real Estate Trust | Equity - REIT | ₹40.72 Cr | 1.13% |
| Future on ITC Hotels Ltd | Equity - Future | ₹-39.08 Cr | 1.09% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-38.25 Cr | 1.07% |
| Larsen & Toubro Ltd | Equity | ₹38.06 Cr | 1.06% |
| Indus Infra Trust Unit | Equity | ₹36.07 Cr | 1.00% |
| Cash Margin | Cash | ₹35.32 Cr | 0.98% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-34.81 Cr | 0.97% |
| Vodafone Idea Ltd | Equity | ₹34.65 Cr | 0.97% |
| Samvardhana Motherson International Ltd | Equity | ₹34.21 Cr | 0.95% |
| Indus Towers Limited Sep25 | Equity - Future | ₹-33.86 Cr | 0.94% |
| Future on Vedanta Ltd | Equity - Future | ₹-33.54 Cr | 0.93% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-33.46 Cr | 0.93% |
| Vedanta Ltd | Equity | ₹33.33 Cr | 0.93% |
| Oil & Natural Gas Corp Ltd | Equity | ₹30.61 Cr | 0.85% |
| Future on Canara Bank | Equity - Future | ₹-30.6 Cr | 0.85% |
| Canara Bank | Equity | ₹30.49 Cr | 0.85% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹26.63 Cr | 0.74% |
| National Housing Bank | Bond - Corporate Bond | ₹26.32 Cr | 0.73% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-26.11 Cr | 0.73% |
| Hindalco Industries Ltd | Equity | ₹26.02 Cr | 0.72% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.99 Cr | 0.72% |
| GAIL (India) Ltd | Equity | ₹25.85 Cr | 0.72% |
| Infosys Limited Sep25 | Equity - Future | ₹-25.8 Cr | 0.72% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹25.47 Cr | 0.71% |
| 5.74% Govt Stock 2026 | Bond - Gov't/Treasury | ₹25.44 Cr | 0.71% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹25.43 Cr | 0.71% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.39 Cr | 0.71% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹25.31 Cr | 0.70% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹24.96 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.22 Cr | 0.67% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹23.78 Cr | 0.66% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-21.96 Cr | 0.61% |
| Bandhan Bank Ltd | Equity | ₹21.9 Cr | 0.61% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-21.83 Cr | 0.61% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹21.71 Cr | 0.60% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹21.24 Cr | 0.59% |
| Future on Bank of Baroda | Equity - Future | ₹-20.77 Cr | 0.58% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹20.77 Cr | 0.58% |
| Bank of Baroda | Equity | ₹20.7 Cr | 0.58% |
| Cohance Lifesciences Ltd | Equity | ₹20.65 Cr | 0.58% |
| Future on Cipla Ltd | Equity - Future | ₹-20.4 Cr | 0.57% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-19.96 Cr | 0.56% |
| Ipca Laboratories Ltd | Equity | ₹19.9 Cr | 0.55% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-19.19 Cr | 0.53% |
| Eicher Motors Ltd | Equity | ₹19.12 Cr | 0.53% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹18.43 Cr | 0.51% |
| Future on NTPC Ltd | Equity - Future | ₹-18.2 Cr | 0.51% |
| Titan Company Limited Sep25 | Equity - Future | ₹-18.19 Cr | 0.51% |
| Titan Co Ltd | Equity | ₹18.1 Cr | 0.50% |
| Petronet LNG Ltd | Equity | ₹17.17 Cr | 0.48% |
| Cyient Ltd | Equity | ₹16.62 Cr | 0.46% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-16.03 Cr | 0.45% |
| Ambuja Cements Ltd | Equity | ₹15.97 Cr | 0.44% |
| Indigo Paints Ltd Ordinary Shares | Equity | ₹15.68 Cr | 0.44% |
| Jubilant Ingrevia Ltd Ordinary Shares | Equity | ₹15.56 Cr | 0.43% |
| Syngene International Ltd | Equity | ₹15.39 Cr | 0.43% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-13.56 Cr | 0.38% |
| Tata Power Co Ltd | Equity | ₹13.51 Cr | 0.38% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-12.81 Cr | 0.36% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-12.78 Cr | 0.36% |
| Bharat Electronics Ltd | Equity | ₹12.74 Cr | 0.35% |
| HDFC Life Insurance Co Ltd | Equity | ₹12.74 Cr | 0.35% |
| Nmdc Limited Sep25 | Equity - Future | ₹-12.71 Cr | 0.35% |
| NMDC Ltd | Equity | ₹12.63 Cr | 0.35% |
| Power Finance Corp Ltd | Equity | ₹12 Cr | 0.33% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹10.54 Cr | 0.29% |
| Future on Punjab National Bank | Equity - Future | ₹-10.4 Cr | 0.29% |
| Punjab National Bank | Equity | ₹10.33 Cr | 0.29% |
| Emcure Pharmaceuticals Ltd | Equity | ₹9.69 Cr | 0.27% |
| Alembic Pharmaceuticals Ltd | Equity | ₹9.59 Cr | 0.27% |
| La Opala RG Ltd | Equity | ₹9.58 Cr | 0.27% |
| HCL Technologies Ltd | Equity | ₹8.84 Cr | 0.25% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-8.19 Cr | 0.23% |
| Hindustan Unilever Ltd | Equity | ₹8.14 Cr | 0.23% |
| TeamLease Services Ltd | Equity | ₹7.48 Cr | 0.21% |
| Net Receivables/Payables | Cash | ₹7.12 Cr | 0.20% |
| Future on GMR Airports Ltd | Equity - Future | ₹-7.11 Cr | 0.20% |
| GMR Airports Ltd | Equity | ₹7.08 Cr | 0.20% |
| Power Grid Corporation of India Ltd. | Bond - Gov't Agency Debt | ₹-6.37 Cr | 0.18% |
| Power Grid Corp Of India Ltd | Equity | ₹6.33 Cr | 0.18% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-6 Cr | 0.17% |
| TVS Motor Co Ltd | Equity | ₹5.96 Cr | 0.17% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹5.26 Cr | 0.15% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹5.17 Cr | 0.14% |
| Future on Biocon Ltd | Equity - Future | ₹-5.07 Cr | 0.14% |
| Biocon Ltd | Equity | ₹5.05 Cr | 0.14% |
| Future on DLF Ltd | Equity - Future | ₹-4.85 Cr | 0.14% |
| DLF Ltd | Equity | ₹4.82 Cr | 0.13% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-4.43 Cr | 0.12% |
| The Federal Bank Ltd | Equity | ₹4.41 Cr | 0.12% |
| Future on PI Industries Ltd | Equity - Future | ₹-4.3 Cr | 0.12% |
| PI Industries Ltd | Equity | ₹4.27 Cr | 0.12% |
| Future on United Spirits Ltd | Equity - Future | ₹-4.11 Cr | 0.11% |
| United Spirits Ltd | Equity | ₹4.09 Cr | 0.11% |
| Nifty 25000 Put Sep25 | Equity Index - Option (Put) | ₹3.79 Cr | 0.11% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-3.73 Cr | 0.10% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹3.71 Cr | 0.10% |
| Future on Multi Commodity Exchange of India Ltd | Equity - Future | ₹-3.35 Cr | 0.09% |
| Multi Commodity Exchange of India Ltd | Equity | ₹3.33 Cr | 0.09% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-3.14 Cr | 0.09% |
| Hindustan Petroleum Corp Ltd | Equity | ₹3.12 Cr | 0.09% |
| Nifty 24000 Put Sep25 | Equity Index - Option (Put) | ₹3 Cr | 0.08% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-2.98 Cr | 0.08% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹2.97 Cr | 0.08% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-2.79 Cr | 0.08% |
| LIC Housing Finance Ltd | Equity | ₹2.78 Cr | 0.08% |
| Future on Muthoot Finance Ltd | Equity - Future | ₹-2.77 Cr | 0.08% |
| Muthoot Finance Ltd | Equity | ₹2.76 Cr | 0.08% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-2.12 Cr | 0.06% |
| Shriram Finance Ltd | Equity | ₹2.11 Cr | 0.06% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-1.91 Cr | 0.05% |
| Aditya Birla Capital Ltd | Equity | ₹1.89 Cr | 0.05% |
| Future on Polycab India Ltd | Equity - Future | ₹-1.87 Cr | 0.05% |
| Polycab India Ltd | Equity | ₹1.86 Cr | 0.05% |
| Future on Tata Steel Ltd | Equity - Future | ₹-1.62 Cr | 0.05% |
| Tata Steel Ltd | Equity | ₹1.61 Cr | 0.04% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-1.48 Cr | 0.04% |
| Aurobindo Pharma Ltd | Equity | ₹1.47 Cr | 0.04% |
| Future on Petronet LNG Ltd | Equity - Future | ₹-1.42 Cr | 0.04% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-1.24 Cr | 0.03% |
| Zydus Lifesciences Ltd | Equity | ₹1.24 Cr | 0.03% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-1.1 Cr | 0.03% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-0.95 Cr | 0.03% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹0.95 Cr | 0.03% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-0.82 Cr | 0.02% |
| Info Edge (India) Ltd | Equity | ₹0.81 Cr | 0.02% |
| Future on Coforge Ltd | Equity - Future | ₹-0.78 Cr | 0.02% |
| Coforge Ltd | Equity | ₹0.78 Cr | 0.02% |
| Steel Authority Of India Ltd | Equity | ₹0.67 Cr | 0.02% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-0.66 Cr | 0.02% |
| Future on JSW Steel Ltd | Equity - Future | ₹-0.42 Cr | 0.01% |
| JSW Steel Ltd | Equity | ₹0.42 Cr | 0.01% |
| Nifty 23000 Put Oct25 | Equity Index - Option (Put) | ₹0.4 Cr | 0.01% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-0.25 Cr | 0.01% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹0.25 Cr | 0.01% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-0.15 Cr | 0.00% |
| Pidilite Industries Ltd | Equity | ₹0.15 Cr | 0.00% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-0.13 Cr | 0.00% |
| UltraTech Cement Ltd | Equity | ₹0.13 Cr | 0.00% |
| Tvs Motor Company Limited | Preferred Stock | ₹0.07 Cr | 0.00% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-0.07 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
26.57%
Mid Cap Stocks
0.76%
Small Cap Stocks
3.35%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹926.96 Cr | 25.82% |
| Consumer Cyclical | ₹248.11 Cr | 6.91% |
| Energy | ₹226.68 Cr | 6.31% |
| Healthcare | ₹212.05 Cr | 5.91% |
| Technology | ₹188.35 Cr | 5.25% |
| Communication Services | ₹140.42 Cr | 3.91% |
| Basic Materials | ₹126.43 Cr | 3.52% |
| Utilities | ₹114.44 Cr | 3.19% |
| Industrials | ₹108.77 Cr | 3.03% |
| Consumer Defensive | ₹94.31 Cr | 2.63% |
| Real Estate | ₹4.82 Cr | 0.13% |
Risk & Performance Ratios
Standard Deviation
This fund
3.81%
Cat. avg.
4.51%
Lower the better
Sharpe Ratio
This fund
0.95
Cat. avg.
0.62
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.03
Higher the better
Fund Managers
AS
Abhishek Singh
Since May 2021
SG
Shantanu Godambe
Since August 2024
KN
Kaivalya Nadkarni
Since October 2024
Additional Scheme Detailsas of 31st July 2025
ISIN INF740KA1504 | Expense Ratio 0.35% | Exit Load No Charges | Fund Size ₹3,501 Cr | Age 9 years 5 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark NIFTY Equity Savings 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:
Dividend Taxation:
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 Equity Savings Funds
About the AMC
DSP Mutual Fund
Total AUM
₹2,06,643 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of DSP Equity Savings Fund Direct Growth?
The NAV of DSP Equity Savings Fund Direct Growth, as of 12-Sep-2025, is ₹24.57.
What are the returns of DSP Equity Savings Fund Direct Growth?
The fund has generated 5.31% over the last 1 year and 10.70% 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 Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 30.49% in equities, 22.72% in bonds, and 46.79% in cash and cash equivalents.
Who manages the DSP Equity Savings Fund Direct Growth?
The fund managers responsible for DSP Equity Savings Fund Direct Growth are:-
- Abhishek Singh
- Shantanu Godambe
- Kaivalya Nadkarni
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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.
DSP Equity Savings Fund Direct Growth
HybridEquity SavingsModerately High risk
Direct
NAV (12-Sep-25)
₹24.570.18%1D
Returns (Since Inception)
9.97%
Rated ★4.3+ on
Fund Overview
Fund Size
₹3,501 Cr
Expense Ratio
0.35%
ISIN
INF740KA1504
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
28 Mar 2016
Risk Level
Your principal amount will be at Moderately High risk
About this fund
DSP Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 9 years, 5 months and 18 days, having been launched on 28-Mar-16.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹24.57, Assets Under Management (AUM) of 3500.84 Crores, and an expense ratio of 0.35%.
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹24.57, Assets Under Management (AUM) of 3500.84 Crores, and an expense ratio of 0.35%.
- DSP Equity Savings Fund Direct Growth has given a CAGR return of 9.97% since inception.
- The fund's asset allocation comprises around 30.49% in equities, 22.72% in debts, and 46.79% in cash & cash equivalents.
- You can start investing in DSP Equity Savings 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
+5.31%
+4.25% (Cat Avg.)
3 Years
+10.70%
+9.74% (Cat Avg.)
5 Years
+12.18%
+10.92% (Cat Avg.)
Since Inception
+9.97%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2025
| Equity | ₹1,067.38 Cr | 30.49% |
| Debt | ₹795.33 Cr | 22.72% |
| Others | ₹1,638.06 Cr | 46.79% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹1,350.87 Cr | 37.62% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹245.08 Cr | 6.83% |
| 7.81% Govt Stock 2033 | Bond - Gov't/Treasury | ₹235.83 Cr | 6.57% |
| HDFC Bank Ltd | Equity | ₹213.62 Cr | 5.95% |
| Axis Bank Ltd | Equity | ₹138.87 Cr | 3.87% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-112.14 Cr | 3.12% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-101.24 Cr | 2.82% |
| Reliance Industries Ltd | Equity | ₹100.7 Cr | 2.80% |
| Kotak Mahindra Bank Ltd | Equity | ₹96.72 Cr | 2.69% |
| State Bank of India | Equity | ₹96.26 Cr | 2.68% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-91.91 Cr | 2.56% |
| Mahindra & Mahindra Ltd | Equity | ₹91.74 Cr | 2.55% |
| Tata Consultancy Services Ltd | Equity | ₹91.45 Cr | 2.55% |
| ICICI Bank Ltd | Equity | ₹87.36 Cr | 2.43% |
| Infosys Ltd | Equity | ₹87.29 Cr | 2.43% |
| ITC Ltd | Equity | ₹82.08 Cr | 2.29% |
| Future on Axis Bank Ltd | Equity - Future | ₹-77.92 Cr | 2.17% |
| Cipla Ltd | Equity | ₹77.87 Cr | 2.17% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-75.57 Cr | 2.10% |
| Adani Enterprises Ltd | Equity | ₹75.09 Cr | 2.09% |
| Future on Tata Motors Ltd | Equity - Future | ₹-68.86 Cr | 1.92% |
| NTPC Ltd | Equity | ₹68.75 Cr | 1.91% |
| Tata Motors Ltd | Equity | ₹68.45 Cr | 1.91% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹67.62 Cr | 1.88% |
| Future on State Bank of India | Equity - Future | ₹-61.37 Cr | 1.71% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹58.68 Cr | 1.63% |
| SBI Life Insurance Co Ltd | Equity | ₹57.41 Cr | 1.60% |
| 8.17% Govt Stock 2044 | Bond - Gov't/Treasury | ₹56.82 Cr | 1.58% |
| Bajaj Finance Ltd | Equity | ₹56.8 Cr | 1.58% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-52.87 Cr | 1.47% |
| Bharti Airtel Ltd | Equity | ₹52.57 Cr | 1.46% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹52.43 Cr | 1.46% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹52.38 Cr | 1.46% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹50.42 Cr | 1.40% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-47.66 Cr | 1.33% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹47.49 Cr | 1.32% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-40.86 Cr | 1.14% |
| Brookfield India Real Estate Trust | Equity - REIT | ₹40.72 Cr | 1.13% |
| Future on ITC Hotels Ltd | Equity - Future | ₹-39.08 Cr | 1.09% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-38.25 Cr | 1.07% |
| Larsen & Toubro Ltd | Equity | ₹38.06 Cr | 1.06% |
| Indus Infra Trust Unit | Equity | ₹36.07 Cr | 1.00% |
| Cash Margin | Cash | ₹35.32 Cr | 0.98% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-34.81 Cr | 0.97% |
| Vodafone Idea Ltd | Equity | ₹34.65 Cr | 0.97% |
| Samvardhana Motherson International Ltd | Equity | ₹34.21 Cr | 0.95% |
| Indus Towers Limited Sep25 | Equity - Future | ₹-33.86 Cr | 0.94% |
| Future on Vedanta Ltd | Equity - Future | ₹-33.54 Cr | 0.93% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-33.46 Cr | 0.93% |
| Vedanta Ltd | Equity | ₹33.33 Cr | 0.93% |
| Oil & Natural Gas Corp Ltd | Equity | ₹30.61 Cr | 0.85% |
| Future on Canara Bank | Equity - Future | ₹-30.6 Cr | 0.85% |
| Canara Bank | Equity | ₹30.49 Cr | 0.85% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹26.63 Cr | 0.74% |
| National Housing Bank | Bond - Corporate Bond | ₹26.32 Cr | 0.73% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-26.11 Cr | 0.73% |
| Hindalco Industries Ltd | Equity | ₹26.02 Cr | 0.72% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.99 Cr | 0.72% |
| GAIL (India) Ltd | Equity | ₹25.85 Cr | 0.72% |
| Infosys Limited Sep25 | Equity - Future | ₹-25.8 Cr | 0.72% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹25.47 Cr | 0.71% |
| 5.74% Govt Stock 2026 | Bond - Gov't/Treasury | ₹25.44 Cr | 0.71% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹25.43 Cr | 0.71% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.39 Cr | 0.71% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹25.31 Cr | 0.70% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹24.96 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.22 Cr | 0.67% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹23.78 Cr | 0.66% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-21.96 Cr | 0.61% |
| Bandhan Bank Ltd | Equity | ₹21.9 Cr | 0.61% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-21.83 Cr | 0.61% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹21.71 Cr | 0.60% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹21.24 Cr | 0.59% |
| Future on Bank of Baroda | Equity - Future | ₹-20.77 Cr | 0.58% |
| 7.02% Govt Stock 2031 | Bond - Gov't/Treasury | ₹20.77 Cr | 0.58% |
| Bank of Baroda | Equity | ₹20.7 Cr | 0.58% |
| Cohance Lifesciences Ltd | Equity | ₹20.65 Cr | 0.58% |
| Future on Cipla Ltd | Equity - Future | ₹-20.4 Cr | 0.57% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-19.96 Cr | 0.56% |
| Ipca Laboratories Ltd | Equity | ₹19.9 Cr | 0.55% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-19.19 Cr | 0.53% |
| Eicher Motors Ltd | Equity | ₹19.12 Cr | 0.53% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹18.43 Cr | 0.51% |
| Future on NTPC Ltd | Equity - Future | ₹-18.2 Cr | 0.51% |
| Titan Company Limited Sep25 | Equity - Future | ₹-18.19 Cr | 0.51% |
| Titan Co Ltd | Equity | ₹18.1 Cr | 0.50% |
| Petronet LNG Ltd | Equity | ₹17.17 Cr | 0.48% |
| Cyient Ltd | Equity | ₹16.62 Cr | 0.46% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-16.03 Cr | 0.45% |
| Ambuja Cements Ltd | Equity | ₹15.97 Cr | 0.44% |
| Indigo Paints Ltd Ordinary Shares | Equity | ₹15.68 Cr | 0.44% |
| Jubilant Ingrevia Ltd Ordinary Shares | Equity | ₹15.56 Cr | 0.43% |
| Syngene International Ltd | Equity | ₹15.39 Cr | 0.43% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-13.56 Cr | 0.38% |
| Tata Power Co Ltd | Equity | ₹13.51 Cr | 0.38% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-12.81 Cr | 0.36% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-12.78 Cr | 0.36% |
| Bharat Electronics Ltd | Equity | ₹12.74 Cr | 0.35% |
| HDFC Life Insurance Co Ltd | Equity | ₹12.74 Cr | 0.35% |
| Nmdc Limited Sep25 | Equity - Future | ₹-12.71 Cr | 0.35% |
| NMDC Ltd | Equity | ₹12.63 Cr | 0.35% |
| Power Finance Corp Ltd | Equity | ₹12 Cr | 0.33% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹10.54 Cr | 0.29% |
| Future on Punjab National Bank | Equity - Future | ₹-10.4 Cr | 0.29% |
| Punjab National Bank | Equity | ₹10.33 Cr | 0.29% |
| Emcure Pharmaceuticals Ltd | Equity | ₹9.69 Cr | 0.27% |
| Alembic Pharmaceuticals Ltd | Equity | ₹9.59 Cr | 0.27% |
| La Opala RG Ltd | Equity | ₹9.58 Cr | 0.27% |
| HCL Technologies Ltd | Equity | ₹8.84 Cr | 0.25% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-8.19 Cr | 0.23% |
| Hindustan Unilever Ltd | Equity | ₹8.14 Cr | 0.23% |
| TeamLease Services Ltd | Equity | ₹7.48 Cr | 0.21% |
| Net Receivables/Payables | Cash | ₹7.12 Cr | 0.20% |
| Future on GMR Airports Ltd | Equity - Future | ₹-7.11 Cr | 0.20% |
| GMR Airports Ltd | Equity | ₹7.08 Cr | 0.20% |
| Power Grid Corporation of India Ltd. | Bond - Gov't Agency Debt | ₹-6.37 Cr | 0.18% |
| Power Grid Corp Of India Ltd | Equity | ₹6.33 Cr | 0.18% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-6 Cr | 0.17% |
| TVS Motor Co Ltd | Equity | ₹5.96 Cr | 0.17% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹5.26 Cr | 0.15% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹5.17 Cr | 0.14% |
| Future on Biocon Ltd | Equity - Future | ₹-5.07 Cr | 0.14% |
| Biocon Ltd | Equity | ₹5.05 Cr | 0.14% |
| Future on DLF Ltd | Equity - Future | ₹-4.85 Cr | 0.14% |
| DLF Ltd | Equity | ₹4.82 Cr | 0.13% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-4.43 Cr | 0.12% |
| The Federal Bank Ltd | Equity | ₹4.41 Cr | 0.12% |
| Future on PI Industries Ltd | Equity - Future | ₹-4.3 Cr | 0.12% |
| PI Industries Ltd | Equity | ₹4.27 Cr | 0.12% |
| Future on United Spirits Ltd | Equity - Future | ₹-4.11 Cr | 0.11% |
| United Spirits Ltd | Equity | ₹4.09 Cr | 0.11% |
| Nifty 25000 Put Sep25 | Equity Index - Option (Put) | ₹3.79 Cr | 0.11% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-3.73 Cr | 0.10% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹3.71 Cr | 0.10% |
| Future on Multi Commodity Exchange of India Ltd | Equity - Future | ₹-3.35 Cr | 0.09% |
| Multi Commodity Exchange of India Ltd | Equity | ₹3.33 Cr | 0.09% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-3.14 Cr | 0.09% |
| Hindustan Petroleum Corp Ltd | Equity | ₹3.12 Cr | 0.09% |
| Nifty 24000 Put Sep25 | Equity Index - Option (Put) | ₹3 Cr | 0.08% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-2.98 Cr | 0.08% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹2.97 Cr | 0.08% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-2.79 Cr | 0.08% |
| LIC Housing Finance Ltd | Equity | ₹2.78 Cr | 0.08% |
| Future on Muthoot Finance Ltd | Equity - Future | ₹-2.77 Cr | 0.08% |
| Muthoot Finance Ltd | Equity | ₹2.76 Cr | 0.08% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-2.12 Cr | 0.06% |
| Shriram Finance Ltd | Equity | ₹2.11 Cr | 0.06% |
| Future on Aditya Birla Capital Ltd | Equity - Future | ₹-1.91 Cr | 0.05% |
| Aditya Birla Capital Ltd | Equity | ₹1.89 Cr | 0.05% |
| Future on Polycab India Ltd | Equity - Future | ₹-1.87 Cr | 0.05% |
| Polycab India Ltd | Equity | ₹1.86 Cr | 0.05% |
| Future on Tata Steel Ltd | Equity - Future | ₹-1.62 Cr | 0.05% |
| Tata Steel Ltd | Equity | ₹1.61 Cr | 0.04% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-1.48 Cr | 0.04% |
| Aurobindo Pharma Ltd | Equity | ₹1.47 Cr | 0.04% |
| Future on Petronet LNG Ltd | Equity - Future | ₹-1.42 Cr | 0.04% |
| Future on Zydus Lifesciences Ltd | Equity - Future | ₹-1.24 Cr | 0.03% |
| Zydus Lifesciences Ltd | Equity | ₹1.24 Cr | 0.03% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-1.1 Cr | 0.03% |
| Future on Crompton Greaves Consumer Electricals Ltd | Equity - Future | ₹-0.95 Cr | 0.03% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹0.95 Cr | 0.03% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-0.82 Cr | 0.02% |
| Info Edge (India) Ltd | Equity | ₹0.81 Cr | 0.02% |
| Future on Coforge Ltd | Equity - Future | ₹-0.78 Cr | 0.02% |
| Coforge Ltd | Equity | ₹0.78 Cr | 0.02% |
| Steel Authority Of India Ltd | Equity | ₹0.67 Cr | 0.02% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-0.66 Cr | 0.02% |
| Future on JSW Steel Ltd | Equity - Future | ₹-0.42 Cr | 0.01% |
| JSW Steel Ltd | Equity | ₹0.42 Cr | 0.01% |
| Nifty 23000 Put Oct25 | Equity Index - Option (Put) | ₹0.4 Cr | 0.01% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-0.25 Cr | 0.01% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹0.25 Cr | 0.01% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-0.15 Cr | 0.00% |
| Pidilite Industries Ltd | Equity | ₹0.15 Cr | 0.00% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-0.13 Cr | 0.00% |
| UltraTech Cement Ltd | Equity | ₹0.13 Cr | 0.00% |
| Tvs Motor Company Limited | Preferred Stock | ₹0.07 Cr | 0.00% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-0.07 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
26.57%
Mid Cap Stocks
0.76%
Small Cap Stocks
3.35%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹926.96 Cr | 25.82% |
| Consumer Cyclical | ₹248.11 Cr | 6.91% |
| Energy | ₹226.68 Cr | 6.31% |
| Healthcare | ₹212.05 Cr | 5.91% |
| Technology | ₹188.35 Cr | 5.25% |
| Communication Services | ₹140.42 Cr | 3.91% |
| Basic Materials | ₹126.43 Cr | 3.52% |
| Utilities | ₹114.44 Cr | 3.19% |
| Industrials | ₹108.77 Cr | 3.03% |
| Consumer Defensive | ₹94.31 Cr | 2.63% |
| Real Estate | ₹4.82 Cr | 0.13% |
Risk & Performance Ratios
Standard Deviation
This fund
3.81%
Cat. avg.
4.51%
Lower the better
Sharpe Ratio
This fund
0.95
Cat. avg.
0.62
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.03
Higher the better
Fund Managers
AS
Abhishek Singh
Since May 2021
SG
Shantanu Godambe
Since August 2024
KN
Kaivalya Nadkarni
Since October 2024
Additional Scheme Detailsas of 31st July 2025
ISIN INF740KA1504 | Expense Ratio 0.35% | Exit Load No Charges | Fund Size ₹3,501 Cr | Age 9 years 5 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark NIFTY Equity Savings 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:
Dividend Taxation:
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 Equity Savings Funds
About the AMC
DSP Mutual Fund
Total AUM
₹2,06,643 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
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Still got questions?
We're here to help.
What is the current NAV of DSP Equity Savings Fund Direct Growth?
The NAV of DSP Equity Savings Fund Direct Growth, as of 12-Sep-2025, is ₹24.57.
What are the returns of DSP Equity Savings Fund Direct Growth?
The fund has generated 5.31% over the last 1 year and 10.70% 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 Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 30.49% in equities, 22.72% in bonds, and 46.79% in cash and cash equivalents.
Who manages the DSP Equity Savings Fund Direct Growth?
The fund managers responsible for DSP Equity Savings Fund Direct Growth are:-
- Abhishek Singh
- Shantanu Godambe
- Kaivalya Nadkarni
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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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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