DSP Top 100 Equity Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 12-11-2024
₹ 484.67
1D
Inception Returns
13.2%
/yr
About DSP Top 100 Equity Fund Direct Growth
DSP Top 100 Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Jay Kothari. The fund could potentially beat inflation in the long-run.
Key Parameters
- DSP Top 100 Equity Fund Direct Growth has ₹4470 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 1.1.
Returns
DSP Top 100 Equity Fund Direct Growth has given a CAGR return of 13.22% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 34.77%, 14.97% and 16.27% respectively.
Holdings
DSP Top 100 Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Consumer Defensive, Utilities, Basic Materials, Energy, Communication, Industrial. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, ITC Ltd, Bajaj Finance Ltd, Mahindra & Mahindra Ltd
Taxation
As it is a large-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 Top 100 Equity Fund Direct Growth
The primary investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of large cap companies. From time to time, the fund manager will also seek participation in other equity and equity related securities to achieve optimal portfolio construction. 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 Top 100 Equity Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
3069 people have invested ₹ 1.7Cr in DSP Top 100 Equity Fund Direct Growth in the last three months
INDmoney Rank for DSP Top 100 Equity Fund Direct Growth
Powered by IND quant engine
14
/19
48% Performance
42% Risk Management
14% Cost
14 out of 19 among large-cap
Beats FD returns for both 3Y & 5Y
Poor track record of Recovering losses quickly
DSP Top 100 Equity Fund Direct Growth Overview
| Expense ratio | 1.08% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹4470 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 41.74% |
| 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 (12-Nov-24)
Fund Distribution
as on (30-Sep-24)
Large cap
80.2%
Small cap
6.6%
Mid cap
4.2%
Sector Allocation
Financial Services
47.8%
Consumer Cyclical
15.3%
Health
11.5%
Tech
8.2%
Consumer Defensive
6.6%
Utilities
3.9%
Basic Materials
2.9%
Energy
2.1%
Communication
1.3%
Industrial
0.4%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.61% whereas the fund’s underlying benchmark Nifty 100 returns stands at 2.11% as on Sep'24
- This fund outperformed Nifty 100 by 0.50% in Sep'24
- AUM of the fund stands at 4.6K Cr as of Sep'24
- AUM increased by 156.8 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Mahindra & Mahindra Ltd's allocation increased from 4.61% to 5.13%
ICICI Bank Ltd's allocation increased from 8.63% to 9.13%
NTPC Ltd's allocation increased from 3.14% to 3.5%
Top Stocks sold last month
ITC Ltd's allocation decreased from 5.95 % to 5.93 %
State Bank of India's allocation decreased from 4.34 % to 4.05 %
Cipla Ltd's allocation decreased from 3.33 % to 3.21 %
Mid Cap allocation has gone down from 7.7% to 4.5%
Large Cap allocation has gone up from 77.5% to 79.3%
Small Cap allocation has gone up from 6.4% to 6.6%
Cash allocation has gone up from 8.3% to 9.5%
Top 3 Sectors in September were Financial Services, Consumer Cyclical & Health
Sep'24
Financial Services
48%
Consumer Cyclical
15%
Health
12%
Aug'24
Financial Services
46%
Consumer Cyclical
15%
Health
12%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 9.57% | 5.8% | |
 HDFC Bank Ltd | 9.5% | 0% | |
 ITC Ltd | 5.78% | 0% | |
 Bajaj Finance Ltd | 5.29% | 0% | |
 Mahindra & Mahindra Ltd | 5.27% | 4.5% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 5.3% |
 Suven Pharmaceuticals Ltd | 3.7% |
 ICICI Bank Ltd | 3.1% |
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Jay Kothari
Fund Manager of DSP Top 100 Equity Fund Direct Growth, since 14 August 2018
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, Invesco India largecap Fund Direct Plan Growth has given 35.68% return, outperforming this fund by 0.91%.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.81% return, outperforming this fund by 4.54% per annum.
Over the last 1 month, this fund has experienced a 3.1% drop in AUM moving from 4.61K Cr to 4.47K Cr.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 18.96% return, outperforming this fund by 4% per annum.
Over the last 15 months, this fund has decreased expense ratio by 14.3% moving from 1.26 to 1.08.
DSP Top 100 Equity 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 13.22% since inception which is less than its category average return of 13.4%
Fund Allocations
This fund has an allocation of 91.18% in Equity, 0% in Debt and 8.82% in Cash related instruments
AUM size ₹4470 Cr
This fund has AUM of ₹4470 Cr which is less than its category average of ₹ 7187 Cr
Expense Ratio 1.08%
This fund has an expense ratio of 1.08% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions for DSP Top 100 Equity Fund Direct Growth
The current NAV of DSP Top 100 Equity Fund Direct Growth is ₹484.67 as on 12-Nov-2024.
Existing (Absolute + CAGR) as on 12-Nov-2024.
DSP Top 100 Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.55% | -3.55% |
6 Month Returns | 13.58% | 13.58% |
1 Year Returns | 34.77% | 34.77% |
3 Years Returns | 51.95% | 14.97% |
5 Years Returns | 112.47% | 16.27% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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1.08% as on October 2024
₹4470 Cr as on October 2024
ICICI Bank Ltd(9.57%), HDFC Bank Ltd(9.5%), ITC Ltd(5.78%), Bajaj Finance Ltd(5.29%), Mahindra & Mahindra Ltd(5.27%) as on October 2024
Financial Services(44.91%), Consumer Cyclical(13.51%), Health(10.1%) as on October 2024
The alpha ratio for the DSP Top 100 Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
DSP Top 100 Equity Fund Direct Growth | 9.49 | 2.77 | -0.77 |
As on October 2024
The alpha for DSP Top 100 Equity Fund Direct Growth is calculated against S&P BSE 100 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 Top 100 Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
DSP Top 100 Equity Fund Direct Growth | 0.85 | 0.94 | 0.99 |
As on October 2024
The Beta for DSP Top 100 Equity Fund Direct Growth is calculated with S&P BSE 100 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 Top 100 Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
DSP Top 100 Equity Fund Direct Growth | 2.36 | 0.8 | 0.64 |
As on October 2024
The sharpe ratio for DSP Top 100 Equity Fund Direct Growth is calculated with S&P BSE 100 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 Top 100 Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
DSP Top 100 Equity Fund Direct Growth | 12.02 | 13.19 | 19.2 |
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 1.44 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.61 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Jay Kothari is the fund manager of DSP Top 100 Equity Fund Direct Growth
The Exit load of DSP Top 100 Equity Fund Direct Growth is 1%