Hybrid
Direct
Aggressive Allocation
NAV as on 04-09-2024
₹ 387.17
Inception Returns
15.4%
/yr
DSP Equity & Bond Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Atul Bhole, Kedar Karnik. This fund gives you the benefit of diversification.
DSP Equity & Bond Fund Direct Growth has given a CAGR return of 15.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 31.41%, 14.66% and 19.83% respectively.
DSP Equity & Bond Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Corporate, Consumer Defensive, Consumer Cyclical, Cash Equivalent, Basic Materials, Health, Tech, Industrial, Communication.
As it is a aggressive allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The primary investment objective of the Scheme is to seek to generate long term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities). There is no assurance that the investment objective of the Scheme will be realized.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Equity & Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.68% |
Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
AUM | ₹10094 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 49.91% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (04-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Government, Financial Services & Corporate
DSP Equity & Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.59% | 3.59% |
6 Month Returns | 19.52% | 19.52% |
1 Year Returns | 31.41% | 31.41% |
3 Years Returns | 50.75% | 14.66% |
5 Years Returns | 147.09% | 19.83% |
AAA | 93.68 |
AA | 6.32 |