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Unrated

DSP A.C.E.Fund (Analyst's Conviction Equalized) Series 1 - Direct Plan


Equity: Multi Cap

1 Lakh

Investment Grown to
₹ 1.02 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a multi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes multi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other multi-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.85 1.64 0.39 -2.55 5.22 17.94 2.01 -- -- -- --
S&P BSE 500 TRI -4.24 1.90 0.20 -3.06 9.78 34.41 0.79 -- -- -- --
Equity: Multi Cap -2.92 1.82 0.08 -3.83 7.40 26.26 0.49 -- -- -- --
Rank within category 8 25 8 9 22 29 16 -- -- -- --
Number of funds in category 36 36 36 36 36 36 36 11 3 0 0

As on 28-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP A.C.E.Fund (Analyst's Conviction Equalized) Series 1 - Direct Plan
Unrated
Dec-17 2.01 -- -- 0.66 622
Axis Equity Advantage Fund Series 1 - Direct Plan
Unrated
May-17 -1.38 -- -- -- 1,054
Axis Capital Builder Fund Series 4 (1582 Days) - Direct Plan
Unrated
Dec-18 -2.65 -- -- -- 921
UTI Focussed Equity Fund Series V (1102 Days) - Direct Plan
Unrated
Dec-17 7.45 -- -- -- 624
ICICI Prudential Value Fund - Series 16 - Direct Plan
Unrated
Aug-17 -11.85 0.69 -- -- 586

Best & Worst Performance

Best (Period) Worst (Period)
Week 15.78 (25-Mar-2020 - 01-Apr-2020) -11.18 (18-Mar-2020 - 25-Mar-2020)
Month 16.45 (25-Mar-2020 - 24-Apr-2020) -22.69 (24-Feb-2020 - 25-Mar-2020)
Quarter 21.57 (25-Mar-2020 - 24-Jun-2020) -21.81 (24-Dec-2019 - 25-Mar-2020)
Year 21.03 (13-Feb-2019 - 13-Feb-2020) -16.53 (26-Mar-2019 - 25-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 6.34 21.82 0.05 0.06 -- --
Equity: Multi Cap* 4.74 18.53 -0.01 -0.02 0.77 -1.32
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 46
Top 10 Stocks (%) 43.18
Top 5 Stocks (%) 24.68
Top 3 Sectors (%) 55.98
Portfolio P/B Ratio 3.03
Portfolio P/E Ratio 26.93

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,07,405 82,732
Giant (%) 49.34 45.15
Large (%) 28.34 20.36
Mid (%) 18.75 23.74
Small (%) 3.57 12.65
Tiny (%) -- 1.17

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Industries Energy 35.27 6.65 0.00 6.59
equal Bajaj Finance Financial 39.96 6.24 2.37 5.37
equal HDFC Bank Financial 20.35 6.13 2.58 4.36
equal SBI Life Insurance Company Financial 56.42 5.84 0.00 4.19
equal Cholamandalam Invest. & Fin. Financial 17.43 4.17 0.00 4.17
equal ICICI Bank Financial 24.61 6.31 2.37 3.99
equal Axis Bank Financial 79.46 5.99 0.00 3.97
equal Kotak Mahindra Bank Financial 29.73 4.62 0.00 3.88
equal BPCL Energy 24.07 5.27 2.34 3.73
equal Bharti Airtel Communication -- 3.48 0.63 2.93
equal HCL Technologies Technology 19.27 2.99 2.01 2.90
equal Infosys Technology 25.25 3.03 0.00 2.87
equal Manappuram Finance Financial 8.47 3.08 0.00 2.83
equal Britannia Inds. FMCG 52.96 3.29 0.00 2.68
equal NTPC Energy 15.03 3.15 0.00 2.57
equal Tech Mahindra Technology 18.62 2.79 1.86 2.47
equal Dabur India FMCG 62.45 3.36 0.00 2.24
equal Hindustan Unilever FMCG 70.81 3.77 0.00 2.13
equal Ipca Laboratories Healthcare 28.55 3.01 1.21 2.08
equal Dr. Reddy's Lab Healthcare 43.85 2.62 0.00 1.96
equal Colgate-Palmolive FMCG 46.34 2.18 0.00 1.85
up Eicher Motors Automobile 45.15 1.72 0.00 1.53
equal Coromandel International Chemicals 18.79 1.61 0.00 1.53
equal Maruti Suzuki India Automobile 50.24 2.35 1.13 1.42
equal Crompton Greaves Consumer Electricals Cons Durable 36.35 2.06 0.00 1.32

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2020

Fund Manager

— M Suryanarayanan since 17-Nov-2017

Education: M Suryanarayanan is a graduate from IIM Ahemdabad and a CFA holder also a second level candiadate of CAIA.

Experience: He has been working with DSP mutual fund from last 4 years, before joining DSPBR he worked with Anand Rathi Securities for 3 Years.

Funds Managed:


1.64%

Change from previous, NAV as on 28-Sep-2020

Growth: ₹ 11.0270

Dividend: ₹ 11.0270


Investment Strategy

The scheme seeks to generate capital appreciation by investing predominantly in portfolio of equity and equity-related securities.

Tenure (Days) 1110
Maturity date 04-Jan-2021

Basic Details

Fund House: DSP Mutual Fund
Launch Date: 07-Dec-2017
Return Since Launch: 3.54%
Benchmark: NIFTY 500 TRI
Riskometer: Moderately High
Type: Closed-end

Contact Information

AMC: DSP Investment Managers Pvt. Ltd.

Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069

Phone: 022-66178000

Fax: 022-56578181

Website: https://www.dspim.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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