March 18, 2024
mayank
DSP Regular Savings Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 57.1810
Quarterly NAV IDCW: Rs 13.6542
Monthly NAV IDCW: Rs 13.6461
Suitable For Which Investors?
“Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The scheme seeks to generate attractive return, consistent with prudent risk, from a portfolio comprising substantially of quality debt securities. It also aims to generate capital appreciation by investing up to 10 per cent its corpus in equity of 100 largest corporates by market capitalization, listed in India.
Fund Manager:
1) Abhishek Singh
Education: Mr. Singh is a B-Tech, IIT Kanpur PGDM, IIM Lucknow
Experience: Prior to joining DSP Mutual Fund he has worked with EdelCap Securities Limited, Systematic Trading Division. Kotak Securities Limited, Proprietary Trading and Structured Products Division. Kotak Mahindra Investments Limited, Structured Products Division.
2) Kedar Karnik
Education: Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Experience: Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 02-Jan-13 |
| Return Since Launch | 8.47% |
| Benchmark | CRISIL Hybrid 85+15 Conservative Index |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 172 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.60% |
| (As on 29-Feb-2024) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | — |
Trailing Returns (%) of DSP Regular Savings Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Regular Savings Dir | 1.50 | -0.21 | 0.48 | 1.83 | 5.86 | 14.64 | 8.72 | 9.00 | 7.48 | 8.88 |
| VR MIP TRI | 2.23 | 0.30 | 1.09 | 3.60 | 6.83 | 17.25 | 9.25 | 9.56 | 9.24 | 9.47 |
| Hybrid: Conservative Hybrid | 2.05 | -0.09 | 0.34 | 2.60 | 5.79 | 15.10 | 9.26 | 8.90 | 8.39 | 9.82 |
| Rank within category | 23 | 28 | 11 | 24 | 13 | 18 | 17 | 14 | 19 | 17 |
| Number of funds in category | 31 | 31 | 31 | 31 | 31 | 31 | 30 | 27 | 25 | 22 |
Peer Comparison of DSP Regular Savings Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| DSP Regular Savings Dir | 3 star | 14.64 | 8.72 | 9.00 | 0.60 | 172 | 8.47 | — | 11Y 2M | 668.00 |
| SBI Conservative Hybrid Dir | 5 star | 15.37 | 10.68 | 10.83 | 0.62 | 9,538 | 10.02 | 1.00 (365) | 11Y 2M | — |
| ICICI Pru Regular Savings Dir | 4 star | 15.46 | 9.91 | 10.19 | 0.91 | 3,397 | 10.72 | 1.00 (365) | 11Y 2M | 21.00 |
| HDFC Hybrid Debt Dir | 4 star | 18.03 | 11.51 | 10.72 | 1.26 | 3,093 | 10.11 | 1.00 (365) | 11Y 2M | — |
| Kotak Debt Hybrid Dir | 5 star | 18.37 | 12.04 | 12.54 | 0.50 | 2,302 | 11.05 | 1.00 (180) | 11Y 2M | 24.23 |
Portfolio Analysis of DSP Regular Savings Fund
| Number of Stocks | 27 |
| Number of Bonds | 17 |
| Average Maturity (yrs) | 2.98 |
| Top 10 Holdings | 59.05% |
| Portfolio P/B Ratio | 3.33 |
| Portfolio P/E Ratio | 24.08 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,75,519 | 2,23,158 |
| Giant (%) | 62.55 | 61.20 |
| Large (%) | 15.72 | 15.57 |
| Mid (%) | 13.70 | 18.46 |
| Small (%) | 8.02 | 10.69 |
| Tiny (%) | — | 1.68 |
| Fund | Category | |
| Number of Securities | 44 | 56 |
| Macaulay Duration (yrs) | 2.49 | 4.31 |
| Average Maturity (yrs) | 2.98 | 6.91 |
| Yield to Maturity (%) | 7.48 | 7.54 |
| Avg Credit Rating | AAA | — |
How to Invest in DSP Regular Savings Fund?
Chanakya’s Mutual Fund Guidance For DSP Regular Savings Fund
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
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https://sahifund.com/category/nfos/
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-regular-savings-fund/