DSP Equity Savings Fund

Q: What are the returns of this mutual fund scheme?

The DSP Equity Savings Fund is a 9 yrs 10 m old fund and has delivered average annual returns of 8.33% since inception. DSP Equity Savings Fund Returns 1-Year 3-Year 5-Year Since Inception 5.62% 9.86% 8.59% 8.33%

Q: How much does this mutual fund charge as expense ratio?

The DSP Equity Savings Fund has an expense ratio of 1.5% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹22.118-0.19% 1 day change	8.33% p.a.	App exclusive #NA View Ranked Funds	₹3,905 Cr

Historical NAV & returns

NAV: ₹22.118 as on Feb 02, 2026

This fund Category average

DSP Equity Savings Fund overview

AUM (Fund size)	₹3,905 Cr
Exit load	0%
Lock-in Period	Nil
Age	9 yrs 10 m since Mar 08, 2016
Benchmark	NIFTY Equity Savings TRI
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.5% as on Feb 02, 2026
Plan type	Regular
Risk	Moderate
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

DSP Equity Savings Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-0.9%	-1.17%
3 Months	0.16%	-0.56%
6 Months	1.35%	1.52%
1 Year	5.62%	5.89%
2 Years	8.46%	6.4%
3 Years	9.86%	8.78%
4 Years	7.87%	7.06%
5 Years	8.59%	7.46%
7 Years	9.12%	7.9%

Asset allocationas on Dec 31, 2025

Large Cap 24.92%

Mid Cap 3.04%

Small Cap 2.34%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.7%

Axis Bank Ltd.4.66%

ITC Ltd.3.15%

State Bank of India3.15%

Top sectors

Financial 24.29%

Energy 8.32%

Healthcare 5.8100000000000005%

Technology 5.48%

Cash 41.68%

SOV 13.5%

AAA 9.5%

Cash & Call Money 1.39%

Top Debt Holdings

GOI 5.92%

Bharti Telecom Ltd. 2.12%

Power Finance Corporation Ltd. 1.37%

Bajaj Finance Ltd. 1.32%

Allocation by Instruments

Cash Margin 41.68%

GOI Securities 7.58%

GOI Securities Floating Rate Bond 5.92%

Debenture 4.12%

Other Holdings

Brookfield India Real Estate Trust REIT 1.69%

Others 1.5%

Indus Infra Trust 0.67%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Equity Savings Fund	-0.9%	1.35%	5.62%	9.86%	8.59%	N.A.
Kotak Equity Savings Fund	-2.82%	2.25%	6.3%	10.64%	9.78%	9.42%
Edelweiss Equity Savings Fund	-1.26%	2.49%	7.48%	10.96%	9.05%	9.26%
UTI Equity Savings Fund	-1.04%	3.88%	7.36%	10.58%	9.7%	6.56%
ICICI Prudential Equity Savings Fund	-0.69%	2.52%	6.93%	8.46%	7.93%	8.71%
Tata Equity Savings Fund	-1.14%	1.71%	5.98%	9.74%	8.0%	7.91%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Equity Savings Fund	3.64	0.47	0.95	2.01
Kotak Equity Savings Fund	5.2	0.69	0.86	1.04
Edelweiss Equity Savings Fund	3.47	0.44	1.34	1.86
UTI Equity Savings Fund	4.04	0.55	1.09	1.56
ICICI Prudential Equity Savings Fund	2.39	0.29	0.89	1.33
Tata Equity Savings Fund	3.38	0.45	1.02	1.76

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Equity Savings Fund	N.A.	3,905 Cr	9 yrs 10 m	1.5%
Kotak Equity Savings Fund	N.A.	9,651 Cr	11 yrs 4 m	1.75%
Edelweiss Equity Savings Fund	N.A.	1,195 Cr	11 yrs 4 m	1.58%
UTI Equity Savings Fund	N.A.	810 Cr	7 yrs 5 m	1.67%
ICICI Prudential Equity Savings Fund	N.A.	18,060 Cr	11 yrs 2 m	0.98%
Tata Equity Savings Fund	N.A.	278 Cr	28 yrs 10 m	1.14%

View all Equity Savings funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.28 vs. 3.25 Underperformed at beating benchmark
Sharpe	0.95 vs. 3.24 Poor risk-adjusted returns
Beta	0.47 vs. 0.77 Less sensitive to market ups & downs
Standard deviation	3.64 vs. 3.72 More stable returns

Compare DSP Equity Savings Fund in detail with

About this fund

About DSP Equity Savings Fund

DSP Equity Savings Fund is a Equity Savings mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 9 yrs 10 m, having been launched on 08/03/2016. DSP Equity Savings Fund has ₹3,905 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Equity Savings Fund as of 02/02/2026 is ₹22.12. The fund has an expense ratio of 1.5%, which is higher than what most other Equity Savings funds charge. Currently, the fund has a 30.30% allocation to equity and 24.27% to Debt.

DSP Equity Savings Fund returns of last 1-year are 5.52%. Since launch, it has delivered 8.39% average annual returns. The fund has doubled the money invested in it every 6 yrs.
DSP Equity Savings Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund's equity portion is primarily invested in Financial, Energy, Healthcare, Technology, Communication sectors. It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in GOI, HDFC Bank Ltd., Axis Bank Ltd., ITC Ltd., State Bank of India.

...

Fund AUM	3,905 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Abhishek Singh

Mr. Singh is a B-Tech, IIT Kanpur PGDM, IIM Lucknow 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.

Shantanu Godambe

Mr. Godambehas done B.Com, MS (Finance) and CFA Prior to joining DSP Mutual Fund, he has worked with Yes Bank, Prebon Yamane and ICAP India Private Limited

Kaivalya Nadkarni

Ms. Nadkarni has done B.Com, CA, CS and CFA Prior to joining ICICI Prudential Mutual Fund, she has worked with RSN & Company and G.M.Kapadia & Co

Investment objective

The Scheme seeks 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 portion of the Scheme's assets in equity and equity related instruments.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,24,669 Cr as on Dec 31, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
DSP Aggressive Hybrid Fund	N.A.	12,162 Cr	4.75%	12.02%
DSP Multi Asset Allocation Fund	N.A.	6,440 Cr	26.71%	N.A.
DSP Dynamic Asset Allocation Fund	N.A.	3,709 Cr	8.1%	8.8%
DSP Regular Savings Fund	N.A.	184 Cr	6.75%	8.01%
DSP Arbitrage Fund	N.A.	7,002 Cr	6.07%	5.72%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of DSP Equity Savings Fund?

The current Net Asset Value (NAV) of the DSP Equity Savings Fund plan is approximately ₹22.118 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The DSP Equity Savings Fund is a 9 yrs 10 m old fund and has delivered average annual returns of 8.33% since inception.

DSP Equity Savings Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.62%	9.86%	8.59%	8.33%

How much does this mutual fund charge as expense ratio?

The DSP Equity Savings Fund has an expense ratio of 1.5%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The DSP Equity Savings Fund currently has assets under management (AUM) or fund size valued at approximately 3,905 Cr as on Dec 31, 2025.

What are the top stock holdings of DSP Equity Savings Fund?

The DSP Equity Savings Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.7%
Axis Bank Ltd.	4.66%
ITC Ltd.	3.15%
State Bank of India	3.15%
Reliance Industries Ltd.	3.09%
ICICI Bank Ltd.	2.9%
Mahindra & Mahindra Ltd.	2.87%
Tata Consultancy Services Ltd.	2.6%
Infosys Ltd.	2.18%
Bajaj Finance Ltd.	2.07%

What are the top sectors DSP Equity Savings Fund has invested in?

The DSP Equity Savings Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	24.29%
Energy	8.32%
Healthcare	5.8100000000000005%
Technology	5.48%
Communication	5.29%
Automobile	4.9%
Consumer Staples	3.27%
Metals & Mining	2.86%
Insurance	2.62%
Services	2.5%

To whom does DSP Equity Savings Fund lend to?

The top 3 debt holdings of DSP Equity Savings Fund are as follows

Holding Name	Percentage of Portfolio
GOI	5.92%
Bharti Telecom Ltd.	2.12%
Power Finance Corporation Ltd.	1.37%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The DSP Equity Savings Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash	41.68%
SOV	13.5%
AAA	9.5%

What is risk level of DSP Equity Savings Fund?

This is a Equity Savings fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in DSP Equity Savings Fund?

Redeeming your investments in the DSP Equity Savings Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Equity Savings

#NA

Chance: This fund has generated a 7.37% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.