DSP Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 19-11-2024
₹ 109.85
▲0.5%
1D
Inception Returns
16.4%
/yr
About DSP Flexi Cap Fund Direct Growth
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 ₹11789 Cr worth of assets under management (AUM) as on Oct 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 16.42% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.34%, 14.45% and 19.99% respectively.
Holdings
DSP Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Energy, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, Bajaj Finance Ltd, HDFC Bank Ltd, Axis Bank Ltd, Infosys 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
▲
▼
7465 people have invested ₹ 2Cr in DSP Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank for DSP Flexi Cap Fund Direct Growth
Powered by IND quant engine
10
/20
46% Performance
35% Risk Management
70% Cost
10 out of 20 among flexi cap
Beats FD returns for both 3Y & 5Y
Highly volatile within category
DSP Flexi Cap Fund Direct Growth Overview
| Expense ratio | 0.72% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹11789 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 (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
47.9%
Mid cap
27.3%
Small cap
20.9%
Sector Allocation
Financial Services
35.4%
Basic Materials
11.1%
Consumer Cyclical
11.1%
Industrial
10.6%
Tech
10%
Health
8.7%
Consumer Defensive
7.1%
Energy
2.5%
Communication
2%
Utilities
1.3%
Real Estate
0.1%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -4.95% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.56% in Oct'24
- AUM of the fund stands at 11.8K Cr as of Oct'24
- AUM decreased by 627 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Prudent Corporate Advisory Services Ltd's allocation increased from 2.19% to 2.76%
Kirloskar Oil Engines Ltd's allocation increased from 0.89% to 1.39%
Indigo Paints Ltd Ordinary Shares's allocation increased from 0.38% to 0.83%
Top Stocks sold last month
Bajaj Finance Ltd's allocation decreased from 6.06 % to 5.7 %
Axis Bank Ltd's allocation decreased from 3.98 % to 3.94 %
Infosys Ltd's allocation decreased from 3.36 % to 3.32 %
Large Cap allocation has gone down from 51.3% to 47.9%
Small Cap allocation has gone up from 18.2% to 20.9%
Mid Cap allocation has gone down from 27.7% to 27.3%
Cash allocation has gone up from 2.9% to 4%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Industrial
Oct'24
Financial Services
35%
Basic Materials
11%
Consumer Cyclical
11%
Sep'24
Financial Services
35%
Consumer Cyclical
12%
Industrial
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 5.82% | 0% | |
 Bajaj Finance Ltd | 5.7% | 0% | |
 HDFC Bank Ltd | 4.78% | 0% | |
 Axis Bank Ltd | 3.94% | 0% | |
 Infosys Ltd | 3.32% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Prudent Corporate Advisory Services Ltd | 11.6% |
 Radico Khaitan Ltd | 2.8% |
 Suven Pharmaceuticals Ltd | 0.2% |
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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 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 46.25% return, outperforming this fund by 16.91%.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 25.08% return, outperforming this fund by 10.63% per annum.
This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 0.72% which is lower than the category average expense ratio of 1.16%.
Over the last 1 month, this fund has experienced a 5.0% drop in AUM moving from 12.41K Cr to 11.78K Cr.
Over the last 1 month, this fund has increased expense ratio by 7.5% moving from 0.67 to 0.72.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 32.32% return, outperforming this fund by 12.33% per annum.
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 16.42% since inception which is less than its category average return of 18.73%
Fund Allocations
This fund has an allocation of 96.04% in Equity, 0% in Debt and 3.96% in Cash related instruments
AUM size ₹11789 Cr
This fund has AUM of ₹11789 Cr which is more than its category average of ₹ 8754 Cr
Expense Ratio 0.72%
This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for DSP Flexi Cap Fund Direct Growth
The current NAV of DSP Flexi Cap Fund Direct Growth is ₹109.85 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
DSP Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.63% | -5.63% |
6 Month Returns | 10.56% | 10.56% |
1 Year Returns | 29.34% | 29.34% |
3 Years Returns | 49.91% | 14.45% |
5 Years Returns | 148.73% | 19.99% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.72% as on October 2024
₹11789 Cr as on October 2024
ICICI Bank Ltd(5.82%), Bajaj Finance Ltd(5.7%), HDFC Bank Ltd(4.78%), Axis Bank Ltd(3.94%), Infosys Ltd(3.32%) as on October 2024
Financial Services(34%), Basic Materials(10.7%), Consumer Cyclical(10.68%) as on October 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 | 3.69 | 0.42 | 1.28 |
As on October 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 | 0.94 | 0.98 | 0.96 |
As on October 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 | 2.07 | 0.69 | 0.81 |
As on October 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 | 13.34 | 14.39 | 19.11 |
As on October 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 1.26 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.04 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
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%