DSP Equity Savings Fund
Plan type

	CAGR since inception

Scheme Type:

Scheme Risk:
Moderately High Risk
Age:
9 years 6 days since Mar 28, 2016
AUM:
Rs. 2,475.66 crores as of Feb 28, 2025
Horizon:
5 Years+
Benchmark:
Nifty Equity Savings Index
Benchmark Risk:
Moderate Risk
Goal:
Capital Growth & Income

Scheme features

Performance

Cumulative returns

Returns from of Rs. invested

Show:

Annualized Returns

Absolute Returns

This scheme		Nifty Equit…	CRISIL 10 Y…	Gold	PPF
NA	vs	NA	NA	NA	NA
NA	vs	NA	NA	NA	NA

Scheme disclaimers »

Returns calculator

	This scheme	Nifty Equit… ^#	CRISIL 10 Y… ^#	Gold	PPF
# Returns do not reflect any income distribution cum capital withdrawal (IDCW) distribution

Scheme disclaimers »

Returns summary

Scheme disclaimers »

Rolling returns

	1 Year	3 Years	5 Years	10 Years
# Rolling returns have been calculated based on returns from regular plan growth option.

Scheme disclaimers »

Fund Managers

Abhishek Singh

Total work experience of 18 years. Managing this fund since May 2021. Equity and Overseas portion See all funds managed by Abhishek Singh »
See his investing philosophy »
Kaivalya Nadkarni

Total work experience of 6 years. Managing this fund since October 2024. Equity portion See all funds managed by Kaivalya Nadkarni »
Shantanu Godambe

Total work experience of 17 years. Managing this fund since August 2024. See all funds managed by Shantanu Godambe »

Investment Objective

The investment objective of the Scheme is to generate income through investments in fixed income securities and using arbitrage and other derivative Strategies. The Scheme also intends to generate long-term capital appreciation by investing a po ...more

Scheme Description

Minimum investment in equity & equity related instruments - 65% of total assets and minimum investment in debt - 10% of total assets

Scheme Documents

KIM & Application

Historical Returns

In SEBI format

Comparative performance of DSP Equity Savings Fund as of
	DSP Equity Savings …	Nifty Equit… ^{^}	CRISIL 10 Y… ^#
Date of allotment: Mar 28, 2016. Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan. Since inception returns have been calculated from the date of allotment till June 28, 2013 See all funds managed by Abhishek Singh » See all funds managed by Kaivalya Nadkarni » See all funds managed by Shantanu Godambe » Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments ^ Fund Benchmark # Additional Benchmark

Scheme disclaimers »

Portfolio as of Feb 28, 2025

Equity

Market capitalization

No data to display

Sector allocation

No data to display

Top 5 stocks by holding
Name	% of Net Assets
HDFC BANK LIMITED	3.49%
ICICI BANK LIMITED	2.9%
KOTAK MAHINDRA BANK LIMITED	1.92%
CIPLA LIMITED	1.73%
AXIS BANK LIMITED	1.71%
See detailed equity holdings »

Debt & debt instruments

Credit rating profile

No data to display

Instrument break-up

No data to display

Top 5 instruments by holding
Name	% of Net Assets
8.51% GOI FRB 2033	5.8%
TREPS / REVERSE REPO INVESTMENTS	2.79%
7.38% GOI 2027	2.71%
7.11% MAHARASHTRA SDL 2038	2.44%
7.09% GOI 2054	1.41%
See detailed debt holdings »

Prescribed Asset Allocation

65% - 75% Equity & Equity related instr…
10% - 35% Debt and money market instrum…

See complete asset allocation »

Current Asset Allocation as of Feb 28, 2025

Equity & equity related securities see breakup 70.43% (70.43}%)

Debt Instruments see breakup 27.85% (27.85}%)

Indicators

Yield to Maturity
7.08 %
Modified Duration
3.76 Years
Portfolio Macaulay Duration
3.91 Years
Average Maturity
7.40 Years

Abhishek Singh

Abhishek has a total work experience of over 14 years.He joined DSP Investment Managers in January 2021 as Assistant Vice President in the Equity Team Abhishek has worked with Kotak Mahindra Group and Edelweiss in the past.He is an Electrical Engineer (IIT, Kanpur) and has a Post Graduate Diploma in Management from IIM, Lucknow.

All Funds managed by Abhishek Singh
Sr. No.	Scheme Name	Managing since	Period
Sr. No.	Scheme Name	Managing since	1 Year		3 Years		5 Years
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Kaivalya Nadkarni

Kaivalya joined DSP in September 2024. She has over 6 years of work experience across Fund Management, Equity Dealing and Fund Accounting. Prior to joining DSP she has worked with ICICI Prudential AMC. Kaivalya is a Chartered Accountant from the Institute of Chartered Accountants of India. She has also cleared the Company Secretary Professional Level from the Institute of Company Secretaries of India and CFA Level III Examination from the CFA Institute.

All Funds managed by Kaivalya Nadkarni
Sr. No.	Scheme Name	Managing since	Period
Sr. No.	Scheme Name	Managing since	1 Year		3 Years		5 Years
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Shantanu Godambe

Shantanu has a total work experience of Over 16 years. He joined DSP Asset Managers in March 2023 as Vice President in Fixed Income Team. Shantanu has also worked with Yes Bank Ltd as a Rates Trader. He has cleared CFA from CFA Institute, MS (Finance) from ICFAI University and B.Com from Mumbai University.

All Funds managed by Shantanu Godambe
Sr. No.	Scheme Name	Managing since	Period
Sr. No.	Scheme Name	Managing since	1 Year		3 Years		5 Years
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Equity holdings for DSP Equity Savings Fund

Equity - Directional
34.3%

Banks
10.02%

Name	% of Net Assets
HDFC BANK LIMITED	3.49%
ICICI BANK LIMITED	2.9%
KOTAK MAHINDRA BANK LIMITED	1.92%
AXIS BANK LIMITED	1.71%

Pharmaceuticals & Biotechnology
2.82%

Name	% of Net Assets
CIPLA LIMITED	1.73%
SUVEN PHARMACEUTICALS LIMITED	0.67%
ALEMBIC PHARMACEUTICALS LIMITED	0.29%
IPCA LABORATORIES LIMITED	0.13%

Automobiles
2.51%

Name	% of Net Assets
MAHINDRA & MAHINDRA LIMITED	1.65%
HERO MOTOCORP LIMITED	0.86%

Insurance
2.05%

Name	% of Net Assets
SBI LIFE INSURANCE COMPANY LIMITED	1.59%
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED	0.46%

Finance
1.99%

Name	% of Net Assets
BAJAJ FINANCE LIMITED	1.11%
POWER FINANCE CORPORATION LIMITED	0.47%
SBI CARDS AND PAYMENT SERVICES LIMITED	0.41%

Diversified Fmcg
1.68%

Name	% of Net Assets
ITC LIMITED	1.68%

Realty
1.54%

Name	% of Net Assets
BROOKFIELD INDIA REAL ESTATE	1.54%

Power
1.51%

Name	% of Net Assets
NTPC LIMITED	1.51%

Transport Infrastructure
1.48%

Name	% of Net Assets
INDUS INFRA TRUST	1.48%

Gas
1.44%

Name	% of Net Assets
GAIL (INDIA) LIMITED	0.77%
PETRONET LNG LIMITED	0.67%

Auto Components
1.18%

Name	% of Net Assets
SAMVARDHANA MOTHERSON INTERNATIONAL LIMITED	1.18%

Oil
0.87%

Name	% of Net Assets
OIL & NATURAL GAS CORPORATION LIMITED	0.87%

It - Software
0.74%

Name	% of Net Assets
HCL TECHNOLOGIES LIMITED	0.39%
INFOSYS LIMITED	0.35%

Consumer Durables
0.74%

Name	% of Net Assets
INDIGO PAINTS LIMITED	0.42%
LA OPALA RG LIMITED	0.32%

It - Services
0.73%

Name	% of Net Assets
CYIENT LIMITED	0.73%

Telecom - Services
0.67%

Name	% of Net Assets
INDUS TOWERS LIMITED	0.67%

Chemicals & Petrochemicals
0.53%

Name	% of Net Assets
JUBILANT INGREVIA LIMITED	0.53%

Diversified
0.41%

Name	% of Net Assets
GODREJ INDUSTRIES LIMITED	0.41%

Commercial Services & Supplies
0.33%

Name	% of Net Assets
TEAMLEASE SERVICES LIMITED	0.33%

Leisure Services
0.05%

Name	% of Net Assets
ITC HOTELS LIMITED	0.05%

Arbitrage (Cash Long)
36.13%

Name		% of Net Assets
AARTI INDUSTRIES LIMITED	Chemicals & Petrochemicals	*
ULTRATECH CEMENT LIMITED MAR25	Stock Futures	*
ULTRATECH CEMENT LIMITED	Cement & Cement Products	*
SBI LIFE INSURANCE COMPANY LIMITED	Insurance	*
AARTI INDUSTRIES LIMITED MAR25	Stock Futures	*
SBI LIFE INSURANCE COMPANY LIMITED MAR25	Stock Futures	*
TATA STEEL LIMITED	Ferrous Metals	0.01%
DABUR INDIA LIMITED	Personal Products	0.01%
ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED	Transport Infrastructure	0.01%
PIRAMAL ENTERPRISES LIMITED	Finance	0.01%
MUTHOOT FINANCE LIMITED	Finance	0.01%
BHARAT PETROLEUM CORPORATION LIMITED	Petroleum Products	0.01%
PIDILITE INDUSTRIES LIMITED	Chemicals & Petrochemicals	0.01%
TATA COMMUNICATIONS LIMITED	Telecom - Services	0.01%
JSW STEEL LIMITED	Ferrous Metals	0.02%
STEEL AUTHORITY OF INDIA LIMITED	Ferrous Metals	0.02%
INFO EDGE (INDIA) LIMITED	Retailing	0.03%
COFORGE LIMITED	It - Software	0.03%
OIL & NATURAL GAS CORPORATION LIMITED	Oil	0.03%
ADITYA BIRLA CAPITAL LIMITED	Finance	0.04%
TVS MOTOR COMPANY LIMITED	Automobiles	0.04%
CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED	Consumer Durables	0.04%
ACC LIMITED	Cement & Cement Products	0.04%
ZYDUS LIFESCIENCES LIMITED	Pharmaceuticals & Biotechnology	0.04%
ESCORTS KUBOTA LIMITED	Agricultural, Commercial & Construction Vehicles	0.05%
POLYCAB INDIA LIMITED	Industrial Products	0.05%
PETRONET LNG LIMITED	Gas	0.06%
AUROBINDO PHARMA LIMITED	Pharmaceuticals & Biotechnology	0.06%
HINDUSTAN PETROLEUM CORPORATION LIMITED	Petroleum Products	0.07%
HINDUSTAN UNILEVER LIMITED	Diversified Fmcg	0.08%
MULTI COMMODITY EXCHANGE OF INDIA LIMITED	Capital Markets	0.09%
SHRIRAM FINANCE LIMITED	Finance	0.09%
HDFC ASSET MANAGEMENT COMPANY LIMITED	Capital Markets	0.09%
LIC HOUSING FINANCE LIMITED	Finance	0.1%
ADITYA BIRLA FASHION AND RETAIL LIMITED	Retailing	0.11%
APOLLO HOSPITALS ENTERPRISE LIMITED	Healthcare Services	0.12%
INDIAN RAILWAY CATERING AND TOURISM CORPORATION LIMITED	Leisure Services	0.12%
SIEMENS LIMITED	Electrical Equipment	0.13%
THE FEDERAL BANK LIMITED	Banks	0.13%
BHARAT ELECTRONICS LIMITED	Aerospace & Defense	0.13%
HINDUSTAN COPPER LIMITED	Non - Ferrous Metals	0.14%
PI INDUSTRIES LIMITED	Fertilizers & Agrochemicals	0.14%
UNITED SPIRITS LIMITED	Beverages	0.16%
DLF LIMITED	Realty	0.17%
POWER GRID CORPORATION OF INDIA LIMITED	Power	0.2%
BIOCON LIMITED	Pharmaceuticals & Biotechnology	0.21%
GMR AIRPORTS LIMITED	Transport Infrastructure	0.23%
MARUTI SUZUKI INDIA LIMITED	Automobiles	0.24%
DIXON TECHNOLOGIES (INDIA) LIMITED	Consumer Durables	0.25%
CIPLA LIMITED	Pharmaceuticals & Biotechnology	0.27%
THE INDIAN HOTELS COMPANY LIMITED	Leisure Services	0.27%
NMDC LIMITED	Minerals & Mining	0.28%
MAHINDRA & MAHINDRA LIMITED	Automobiles	0.29%
PUNJAB NATIONAL BANK	Banks	0.36%
TATA POWER COMPANY LIMITED	Power	0.37%
HERO MOTOCORP LIMITED	Automobiles	0.38%
SUN PHARMACEUTICAL INDUSTRIES LIMITED	Pharmaceuticals & Biotechnology	0.39%
HDFC LIFE INSURANCE COMPANY LIMITED	Insurance	0.41%
AMBUJA CEMENTS LIMITED	Cement & Cement Products	0.42%
CANARA BANK	Banks	0.44%
NTPC LIMITED	Power	0.45%
EICHER MOTORS LIMITED	Automobiles	0.48%
TITAN COMPANY LIMITED	Consumer Durables	0.49%
HINDALCO INDUSTRIES LIMITED	Non - Ferrous Metals	0.57%
HINDUSTAN AERONAUTICS LIMITED	Aerospace & Defense	0.62%
BANK OF BARODA	Banks	0.62%
JINDAL STEEL & POWER LIMITED	Ferrous Metals	0.64%
INDUSIND BANK LIMITED	Banks	0.65%
KOTAK MAHINDRA BANK LIMITED	Banks	0.67%
INFOSYS LIMITED	It - Software	0.7%
BANDHAN BANK LIMITED	Banks	0.77%
LARSEN & TOUBRO LIMITED	Construction	0.92%
BHARTI AIRTEL LIMITED	Telecom - Services	0.93%
BAJAJ FINANCE LIMITED	Finance	0.96%
AXIS BANK LIMITED	Banks	0.96%
TATA CONSULTANCY SERVICES LIMITED	It - Software	1.08%
VEDANTA LIMITED	Diversified Metals	1.22%
INDUS TOWERS LIMITED	Telecom - Services	1.3%
VODAFONE IDEA LIMITED	Telecom - Services	1.62%
STATE BANK OF INDIA	Banks	1.75%
TATA MOTORS LIMITED	Automobiles	1.79%
ADANI ENTERPRISES LIMITED	Metals & Minerals Trading	2.83%
HDFC BANK LIMITED	Banks	3.17%
RELIANCE INDUSTRIES LIMITED	Petroleum Products	3.43%

51.3% of Equity and equity related securities

* - Less than 0.01%

Debt holdings for DSP Equity Savings Fund

Government Securities (Central/State)18.9%

Name	Rating	% of Net Assets
8.51% GOI FRB 2033	SOV	5.8%
7.38% GOI 2027	SOV	2.71%
7.11% MAHARASHTRA SDL 2038	SOV	2.44%
7.09% GOI 2054	SOV	1.41%
7.34% GOI 2064	SOV	1.27%
7.44% TELANGANA SDL 2046	SOV	1.04%
5.74% GOI 2026	SOV	1.01%
7.37% GOI 2028	SOV	0.85%
7.02% GOI 2031	SOV	0.83%
8.17% GOI 2044	SOV	0.7%
7.10% GOI 2034	SOV	0.42%
7.10% GOI 2029	SOV	0.21%
7.18% GOI 2033	SOV	0.21%

67.9% of Debt instruments

Bonds & NCDs4.21%

Name	Rating	% of Net Assets
HDFC BANK LIMITED	CRISIL AAA	1.07%
HDB FINANCIAL SERVICES LIMITED	CRISIL AAA	1.06%
POWER FINANCE CORPORATION LIMITED	CRISIL AAA	1.05%
BHARTI TELECOM LIMITED	CRISIL AA+	1.03%

15.1% of Debt instruments

TREPS2.79%

Name	Rating	% of Net Assets
TREPS / REVERSE REPO INVESTMENTS	--	2.79%

10% of Debt instruments

Money market instruments1.95%

Name	Rating	% of Net Assets
AXIS BANK LIMITED	CRISIL A1+	0.98%
BANK OF BARODA	IND A1+	0.97%

7% of Debt instruments

For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in income distribution cum capital withdrawal (IDCW) plans of schemes are calculated after assuming that the net income distribution cum capital withdrawal (IDCW) payouts post statutory taxes & levies, are re-invested back in the scheme.
Income distribution cum capital withdrawals (IDCW) declared from benchmark's constituents isn't taken into account when comparing with investment in fund's income distribution cum capital withdrawal (IDCW) plans.
Performance is always compared against the latest benchmark of the fund irrespective of the date of change of fund's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
Investment in gold has a strong global market demand and gold is highly liquid asset.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.
The comparison with PPF (and other traditional saving instruments/assets) has been given for the purpose of the general information only. Investments in mutual funds should not be construed as a promise, guarantee on or a forecast of any minimum returns. Unlike traditional saving instruments there is no capital protection guarantee or assurance of any return in mutual fund investment. Traditional savings instruments are comparatively low risk products and are generally backed by the Government. Investment in mutual funds carries high risk as compared to the traditional saving instruments and any investment decision needs to be taken only after consulting the Tax Consultant or Mutual Fund Distributor.
Past performance may or may not sustain in future and should not be used as a basis for comparison with other investments. There is no assurance of any returns/capital protection/capital guarantee to the investors in any scheme of DSP Mutual Fund.
Pursuant to payments of Income Distribution cum Capital Withdrawal, the NAV of the IDCW option(s) of Schemes would fall to the extent of payout, and statutory levy, if any.
The sector(s)/stock(s)/issuer(s) mentioned in this document do not constitute any recommendation of the same and the Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s).
The investment approach / framework/ strategy / portfolio / other data mentioned herein are dated and currently followed by the scheme and the same may change in future depending on market conditions and other factors.
The SIP returns are calculated by XIRR approach assuming investment of Rs. 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and ?nal value and a series of cash in?ows and out?ows with the correct allowance for the time impact of the transactions. Load is not taken into consideration for computation of performance.

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Performance

Historical Returns

Portfolio as of Feb 28, 2025

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DSP Equity Savings Fund presentation

Abhishek Singh

Kaivalya Nadkarni

Shantanu Godambe

Asset Allocation for DSP Equity Savings Fund

Equity holdings for DSP Equity Savings Fund

Equity - Directional 34.3%

Banks 10.02%

Pharmaceuticals & Biotechnology 2.82%

Automobiles 2.51%

Insurance 2.05%

Finance 1.99%

Diversified Fmcg 1.68%

Realty 1.54%

Power 1.51%

Transport Infrastructure 1.48%

Gas 1.44%

Auto Components 1.18%

Oil 0.87%

It - Software 0.74%

Consumer Durables 0.74%

It - Services 0.73%

Telecom - Services 0.67%

Chemicals & Petrochemicals 0.53%

Diversified 0.41%

Commercial Services & Supplies 0.33%

Leisure Services 0.05%

Arbitrage (Cash Long) 36.13%

Debt holdings for DSP Equity Savings Fund

Government Securities (Central/State)18.9%

Bonds & NCDs4.21%

TREPS2.79%

Money market instruments1.95%

DSP Equity Savings Fund presentation

Equity - Directional
34.3%

Banks
10.02%

Pharmaceuticals & Biotechnology
2.82%

Automobiles
2.51%

Insurance
2.05%

Finance
1.99%

Diversified Fmcg
1.68%

Realty
1.54%

Power
1.51%

Transport Infrastructure
1.48%

Gas
1.44%

Auto Components
1.18%

Oil
0.87%

It - Software
0.74%

Consumer Durables
0.74%

It - Services
0.73%

Telecom - Services
0.67%

Chemicals & Petrochemicals
0.53%

Diversified
0.41%

Commercial Services & Supplies
0.33%

Leisure Services
0.05%

Arbitrage (Cash Long)
36.13%