DSP Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 06-09-2024
₹ 115.76
1D
Inception Returns
17.2%
/yr
About the Fund
DSP Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Atul Bhole. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Flexi Cap Fund Direct Growth has ₹11879 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
DSP Flexi Cap Fund Direct Growth has given a CAGR return of 17.25% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.60%, 17.18% and 23.82% respectively.
Holdings
DSP Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Consumer Defensive, Health, Energy, Communication, Utilities. Its top holdings are Bajaj Finance Ltd, ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Axis Bank Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of DSP Flexi Cap Fund Direct Growth
The primary investment objective of the Scheme is to seek to generate long term capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of issuers domiciled in India. This shall be the fundamental attribute of the Scheme. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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6870 people have invested ₹ 2Cr in DSP Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
10
/19
48% Performance
26% Risk Management
66% Cost
10 out of 19 among flexi cap
Beats FD returns for both 3Y & 5Y
Highly volatile within category
Poor track record of Recovering losses quickly
Fund Overview
| Expense ratio | 0.67% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹11879 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 28.98% |
| 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 |
Trailing Returns
as on (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
52.3%
Mid cap
27.5%
Small cap
18.4%
Sector Allocation
Financial Services
34.1%
Consumer Cyclical
13%
Industrial
11.7%
Tech
10.5%
Basic Materials
9.3%
Consumer Defensive
7.1%
Health
7.1%
Energy
3.2%
Communication
2.6%
Utilities
1.5%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 4.89% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 1.36% in Jul'24
- AUM of the fund stands at 11.4K Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top Stocks bought last month
Coforge Ltd's allocation increased from 1.35% to 2.24%
Infosys Ltd's allocation increased from 3.77% to 4.31%
Cholamandalam Investment and Finance Co Ltd's allocation increased from 2.19% to 2.58%
Top Stocks sold last month
Bajaj Finance Ltd's allocation decreased from 6.1 % to 5.59 %
ICICI Bank Ltd's allocation decreased from 5.59 % to 5.43 %
HDFC Bank Ltd's allocation decreased from 5.32 % to 4.42 %
Cash allocation has gone up from 1.4% to 1.8%
Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial
Jul'24
Financial Services
34%
Consumer Cyclical
13%
Industrial
12%
Jun'24
Financial Services
34%
Consumer Cyclical
13%
Industrial
13%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Bajaj Finance Ltd | 5.59% | 0% | |
 ICICI Bank Ltd | 5.43% | 0% | |
 HDFC Bank Ltd | 4.42% | -9.7% | |
 Infosys Ltd | 4.31% | 0% | |
 Axis Bank Ltd | 3.93% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Alkem Laboratories Ltd | 17.9% |
 Oil India Ltd | 14.6% |
 Bajaj Finance Ltd | 10.8% |
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Atul Bhole
Fund Manager of DSP Flexi Cap Fund Direct Growth, since 1 June 2016
Top funds managed
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com
Mutual Fund Insights
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 37.8% return, outperforming this fund by 13.98% per annum.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 29.61% return, outperforming this fund by 12.44% per annum.
This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.67% which is lower than the category average expense ratio of 1.15%.
In the last 1 year, NJ Flexi Cap Fund Direct Growth has given 60% return, outperforming this fund by 21.4%.
Over the last 3 months, this fund has decreased expense ratio by 10.7% moving from 0.75 to 0.67.
Over the last 6 months, this fund has experienced a 17.8% growth in AUM moving from 10.08K Cr to 11.87K Cr.
DSP Flexi Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.25% since inception which is less than its category average return of 21.82%
Fund Allocations
This fund has an allocation of 98.22% in Equity, 0% in Debt and 1.78% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 8680 Cr
Expense Ratio 0.67%
This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions
The current NAV of DSP Flexi Cap Fund Direct Growth is ₹115.76 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
DSP Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.76% | 7.76% |
6 Month Returns | 25.08% | 25.08% |
1 Year Returns | 38.6% | 38.6% |
3 Years Returns | 60.88% | 17.18% |
5 Years Returns | 191.05% | 23.82% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.67% as on August 2024
₹11879 Cr as on August 2024
Bajaj Finance Ltd(5.59%), ICICI Bank Ltd(5.43%), HDFC Bank Ltd(4.42%), Infosys Ltd(4.31%), Axis Bank Ltd(3.93%) as on August 2024
Financial Services(33.48%), Consumer Cyclical(12.73%), Industrial(11.52%) as on August 2024
The alpha ratio for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Flexi Cap Fund Direct Growth | -2.05 | -0.94 | 1.4 |
As on August 2024
The alpha for DSP Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Flexi Cap Fund Direct Growth | 1.06 | 0.99 | 0.96 |
As on August 2024
The Beta for DSP Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Flexi Cap Fund Direct Growth | 2.31 | 0.83 | 0.95 |
As on August 2024
The sharpe ratio for DSP Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the DSP Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Flexi Cap Fund Direct Growth | 12.41 | 13.9 | 19.02 |
As on August 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.59 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Atul Bhole is the fund manager of DSP Flexi Cap Fund Direct Growth
The Exit load of DSP Flexi Cap Fund Direct Growth is 1%