DSP Quant Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 22-11-2024
₹ 22.08
1D
Inception Returns
15.3%
/yr
About DSP Quant Fund Direct Growth
DSP Quant Fund Direct Growth is an equity fund. This fund was started on 10 June, 2019. The fund is managed by Anil Ghelani, Diipesh Shah. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Quant Fund Direct Growth has ₹1070 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
DSP Quant Fund Direct Growth has given a CAGR return of 15.27% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.73%, 6.94% and 15.23% respectively.
Holdings
DSP Quant Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Defensive, Health, Basic Materials, Industrial, Consumer Cyclical. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, Bajaj Finance Ltd, Bajaj Finserv Ltd
Taxation
As it is a equity - other 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 Quant Fund Direct Growth
The investment objective of the Scheme is to deliver superior returns as compared to the underlying benchmark over the medium to long term through investing in equity and equity related securities. The portfolio of stocks will be selected, weighed and rebalanced based on a quant model theme.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Quant Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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813 people have invested ₹ 35L in DSP Quant Fund Direct Growth in the last three months
INDmoney Rank for DSP Quant Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
DSP Quant Fund Direct Growth Overview
| Expense ratio | 0.55% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹1070 Cr |
| Inception Date | 10 June, 2019 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 55.48% |
| 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 (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
77%
Mid cap
22.5%
Sector Allocation
Financial Services
38.6%
Tech
14%
Consumer Defensive
11.7%
Health
10.6%
Basic Materials
10.1%
Industrial
7.6%
Consumer Cyclical
7.2%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.96% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund underperformed Nifty 500 by 0.44% in Oct'24
- AUM of the fund stands at 1.1K Cr as of Oct'24
- AUM decreased by 55.1 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Mphasis Ltd's allocation increased from 1.13% to 1.75%
Godrej Consumer Products Ltd's allocation increased from 1.12% to 1.71%
Cummins India Ltd's allocation increased from 1.16% to 1.7%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.1 % to 6.94 %
ICICI Bank Ltd's allocation decreased from 6.25 % to 5.74 %
Kotak Mahindra Bank Ltd's allocation decreased from 4.24 % to 3.53 %
Large Cap allocation has gone down from 83.4% to 77%
Mid Cap allocation has gone up from 16.6% to 22.5%
Cash allocation has gone up from 0.1% to 0.6%
Top 3 Sectors in October were Financial Services, Tech & Consumer Cyclical
Oct'24
Financial Services
39%
Tech
14%
Consumer Defensive
12%
Sep'24
Financial Services
40%
Tech
13%
Consumer Cyclical
11%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Federal Bank Ltd | 6.9% |
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Anil Ghelani
Fund Manager of DSP Quant Fund Direct Growth, since 10 June 2019
Top funds managed
Diipesh Shah
Fund Manager of DSP Quant Fund Direct Growth, since 1 November 2020
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
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.55% which is lower than the category average expense ratio of 1.14%.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 32.59% return, outperforming this fund by 17.36% per annum.
Over the last 3 months, this fund has experienced a 6.3% drop in AUM moving from 1.14K Cr to 1.06K Cr.
In the last 1 year, HDFC Defence Fund Direct Growth has given 54.09% return, outperforming this fund by 35.36%.
In the last 3 years, SBI PSU Direct Growth has given 34.11% return, outperforming this fund by 27.17% per annum.
Over the last 1 year, this fund has decreased expense ratio by 1.8% moving from 0.56 to 0.55.
DSP Quant 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 15.27% since inception which is less than its category average return of 16.31%
Fund Allocations
This fund has an allocation of 99.44% in Equity, 0% in Debt and 0.56% in Cash related instruments
AUM size ₹1070 Cr
This fund has AUM of ₹1070 Cr which is less than its category average of ₹ 2245 Cr
Expense Ratio 0.55%
This fund has an expense ratio of 0.55% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions for DSP Quant Fund Direct Growth
The current NAV of DSP Quant Fund Direct Growth is ₹22.08 as on 22-Nov-2024.
Existing (Absolute + CAGR) as on 22-Nov-2024.
DSP Quant Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.6% | -5.6% |
6 Month Returns | 7.33% | 7.33% |
1 Year Returns | 18.73% | 18.73% |
3 Years Returns | 22.29% | 6.94% |
5 Years Returns | 103.17% | 15.23% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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0.55% as on October 2024
₹1070 Cr as on October 2024
HDFC Bank Ltd(6.94%), ICICI Bank Ltd(5.74%), Kotak Mahindra Bank Ltd(3.53%), Bajaj Finance Ltd(3.38%), Bajaj Finserv Ltd(3.35%) as on October 2024
Financial Services(38.43%), Tech(13.93%), Consumer Defensive(11.68%) as on October 2024
The alpha ratio for the DSP Quant Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Quant Fund Direct Growth | -4.41 | -5.12 | -1.5 |
As on October 2024
The alpha for DSP Quant Fund Direct Growth is calculated against S&P BSE 200 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 Quant Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Quant Fund Direct Growth | 0.96 | 0.96 | 0.9 |
As on October 2024
The Beta for DSP Quant Fund Direct Growth is calculated with S&P BSE 200 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 Quant Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Quant Fund Direct Growth | 1.34 | 0.24 | 0.63 |
As on October 2024
The sharpe ratio for DSP Quant Fund Direct Growth is calculated with S&P BSE 200 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 Quant Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Quant Fund Direct Growth | 14.09 | 14.17 | 17.87 |
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 0.38 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Anil Ghelani, Diipesh Shah are the fund managers of DSP Quant Fund Direct Growth
The Exit load of DSP Quant Fund Direct Growth is 0%