7.3 lakh people have invested in this fund
7.3 lakh people have invested
in this fund as of
Total AUM
₹16,084.62 crores as of Jul 31, 2024
Age of Fund
14 years 1 month since Aug 01, 2010
Expense Ratio
1.7% as of Aug 30, 2024
Exit Load
1% upto 12 Months
Ideal holding period
10 Years+
Holdings
as of Jul 31, 2024Techno Electric & Engineering Company Limited
3.36%
Suprajit Engineering Limited
3.06%
Jubilant Ingrevia Limited
2.99%
Dodla Dairy Limited
2.63%
eClerx Services Limited
2.55%
Welspun Corp Limited
2.55%
Voltamp Transformers Limited
2.51%
Small Cap
96.80%
Mid Cap
3.40%
Consumer Durables
Industrial Products
Auto Components
Chemicals & Petrochemicals
Pharmaceuticals & Biotechnology
Rolling Returns
Vinit Sambre
Resham Jain
Prescribed asset allocation:
65% - 100% Equity & equity related instruments of small cap companies
, 0% - 35% Other equity & equity related instruments which are in the top 250 stocks by market capitalization
, 0% - 35% *Debt and Money Market Securities
, 0% - 10% Units of REITs & InvITs
*Debt Instruments may include securitised debts up to 10% of the net assets of the Scheme.
Top holdings
Techno Electric & Engineering Company Limited
3.36%
Suprajit Engineering Limited
3.06%
Jubilant Ingrevia Limited
2.99%
Dodla Dairy Limited
2.63%
eClerx Services Limited
2.55%
Allocation by Market Cap
Small Cap
96.80%
Mid Cap
3.40%
Top Sectors
Consumer Durables
Industrial Products
Auto Components
Chemicals & Petrochemicals
Pharmaceuticals & Biotechnology
Top holdings
No Data to display
Top holdings
TREPS / Reverse Repo Investments
6.47%
Cash & cash equivalents
-0.10%
Instrument break-up
TREPS
100.00%
Portfolio turnover ratio
0.27 last 12 months
Standard Deviation
16.24 %
Sharpe Ratio
1.07
Beta
0.87
R-Squared
92.04 %
Performance highlights over last
for
investment
Cumulative returns on
Annual returns
Current value
Historical Returnsas of with investment of₹10,000
This fund | BSE 250 Small Cap TRI ^ | NIFTY 50 TRI # | ||||
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CAGR | Current Value | CAGR | Current Value | CAGR | Current Value |
Income distribution Cum Capital Withdrawal (IDCW) Distributed
Record Date | IDCW per unit | NAV Before | NAV After |
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Funds | Annual returns | Current Value | Absolute Growth |
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Date of allotment: Aug 01, 2010.
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 30, 2021
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments
Rolling returns have been calculated based on returns from regular plan growth option.
^ Fund Benchmark # Additional Benchmark
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 small 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
An open ended equity scheme predominantly investing in small cap stocks
Level of Risk in the fund
Rs. 100 Lumpsum
Rs. 100
SIP– 12 instalments
Rs. 100 Minimum Additional Purchase
A small cap fund is a mutual fund that invests in stocks of companies that are ranked 251 and onwards by market capitalisation in India. A small-cap fund can potentially drive relatively higher returns for your portfolio if invested long-term, provided you have the appetite to tide over the possible short-term volatility. It can help to diversify your portfolio by complementing other equity and debt mutual fund investments.
A key characteristic of a small-cap mutual fund is its volatility or sensitivity to market conditions. Over short or medium terms, small-cap funds may carry this risk of fluctuation in returns. Having said that, in the long run, they might have the potential of helping you achieve your long-term life goals like retirement or your child's higher education.
If you have a high-risk appetite, it is only then recommended to invest a portion of your portfolio in small-cap funds Of course, you will need to be patient with the market's ups and downs and hold on to your investment for the long term.A small-cap fund can help you diversify the risk and returns of a portfolio. While they're more likely to be volatile in the short term than mid-caps or large caps, they may likely see potentially higher returns in certain market conditions when held for the long term.
A small cap fund lets you capture a company's growth journey from it being relatively lesser known in the market until it enters the top 250 stocks in the index basis market capitalisation.
Small cap funds can potentially enhance your portfolio returns compared to large cap funds, which are proven to provide moderate returns (subjected to market conditions). This is because large-cap funds are invested in companies that are meant to be more stable in nature as they are already established. With small-cap companies, on the other hand, the returns have more wriggle room given the higher growth potential.
Anyone can invest in a small-cap mutual fund provided they are looking for long-term capital growth and appreciation in their investment's value and has the risk appetite for it.
Over the short or medium term, small-cap funds may experience market volatility. The funds invested into small-cap funds should be treated as money required for a goal over 10 years.
Finally, investors who have low-risk appetites may not enjoy the experience of market volatility that accompanies a small-cap fund on its path to potential growth. Alternatively, investors like this can take a holistic look at their portfolio value and/or invest only a small part of it in small-cap mutual funds . We advise due diligence before making a decision to invest in small-cap funds.It is recommended to invest in DSP Small Cap Fund with a SIP or systematic investment plan and for a longer period of time. Small-cap funds can be sensitive to market conditions over short-term periods. However, they have the potential to give higher returns along with higher risk as well over the long term. The benefit of a SIP is that it helps in averaging your cost of purchase across the market's ups and downs over time, i.e. rupee cost averaging.
Having said that, if you have the expertise to be able to time the market, a lump sum investment can be considered as well. While you can invest in DSP Small Cap Fund with a lump sum, it is important to remember the long-term mindset required to harvest a small-cap fund's returns.The thumb rule, and not just for small-cap fund/DSP Small Cap Fund , is that your returns from your mutual fund are not taxed if you continue to hold on to them.
Short-Term Capital Gains (STCG) are gains made from selling your small-cap fund/DSP Small Cap Fund units before 12 months from the date of purchase.
Whereas, Long Term Capital Gains (LTCG) are gains made from selling your small-cap fund/DSP Small Cap Fund units after 12 months from the date of purchase.
Here's how they are taxed:Applicable tax as per the Income Tax Act, 1961 | |
---|---|
Short-term gain (< 12 months) | Long-term gain (>12 months) |
15% | No tax till Rs 1,00,000.10% above 1,00,000 |
Historic small-cap fund investment returns are typically higher when evaluated over long-term periods. If you invest for the long term, typically around 7-10 years, the possibility of your small-cap fund/DSP Small Cap Fund giving you relatively higher returns compared to a large or mid-cap fund can be potentially higher. However, the long-term mindset is critical as stocks in this asset category are volatile and sensitive to market conditions over the short term.
A premature or medium-term withdrawal of funds can have an investor miss the period of potential growth that is possible in a small-cap fund . While past returns are not indicative of a small-cap fund's/DSP Small Cap Fund's future performance and returns, one can see that returns over longer terms may potentially hover above the anchor of 15% (however, it's not guaranteed and is subjected to fluctuation due to market conditions at any point of time). A SIP and a long-term mindset can be catalysts for an investment to give you such a return.Any small-cap fund is likely to fluctuate across market conditions. DSP Small Cap Fund, too, can be volatile when considered over a short period, like 5 years or less. However, if held for the long term, the fund may have the potential to outperform subjected to market conditions.
For a better understanding of a fund's performance across market conditions, you can look at the standard deviation of the fund, which is a measure of the volatility of a mutual fund scheme. Having said the above, as per the risk-o-meter, small-cap funds do fall under the " very high risk " category. Hence, we recommend that you take into account your risk appetite before investing.
For Scheme type, product labelling, Riskometer and other details and disclaimers of DSP Small Cap Fund , kindly scroll above.
7.3 lakh peoplehave invested in this fund as of