|
DSP Equity & Bond Fund An open ended hybrid scheme investing predominantly in equity and equity related instruments |
|
|
- Aggressive Hybrid scheme investing predominantly in equity and equity related instruments.
- Portfolio is a combination of well diversified market cap and sector agnostic equity portfolio and high quality fixed income portfolio.
Atul Bhole (Equity portion)
Total work experience of 12 years.
Managing this Scheme since
June 2016.
Vikram Chopra (Debt portion)
Total work experience of 17 years.
Managing this Scheme since
July 2016.
May 27, 1999
CRISIL Hybrid 35+65-Aggressive Index
| Regular Plan | |
| Growth: | ₹ 165.973 |
| Direct Plan | |
| Growth: | ₹ 176.565 |
₹ 6,465 Cr
₹ 6,627 Cr
1.42
| Standard Deviation : | 10.92% |
| Beta : | 1.17 |
| R-Squared : | 81.24% |
| Sharpe Ratio : | 0.37 |
| Regular Plan : | 1.92% |
| Direct Plan : | 1.11% |
3.57 years
2.76 years
6.70%
Aggressive Hybrid
20 Yr 9 Mn
| AUM as on 28 February 2020 (₹ in Cr) | 6,465 |
Holding Period : < 12 months: 1%~
Holding Period :>= 12 months: Nil
~If the units redeemed or switched
out are upto 10% of the units (the
limit) purchased or switched: Nil.
| Name of Instrument | % to Net Assets | |
| EQUITY & EQUITY RELATED | ||
| Listed / awaiting listing on the stock exchanges | ||
| Banks | 16.24% | |
| ✔ ICICI Bank Limited | 5.77% | |
| ✔ HDFC Bank Limited | 5.34% | |
| ✔ Kotak Mahindra Bank Limited | 3.03% | |
| Axis Bank Limited | 2.11% | |
| Finance | 12.77% | |
| ✔ Bajaj Finance Limited | 7.34% | |
| ICICI Lombard General Insurance Company Limited | 1.12% | |
| Bajaj Finserv Limited | 1.11% | |
| ICICI Prudential Life Insurance Company Limited | 1.09% | |
| HDFC Life Insurance Company Limited | 1.02% | |
| Equitas Holdings Limited | 0.64% | |
| Satin Creditcare Network Limited | 0.44% | |
| Consumer Non Durables | 7.13% | |
| ✔ Hindustan Unilever Limited | 2.68% | |
| Asian Paints Limited | 2.35% | |
| Kansai Nerolac Paints Limited | 1.24% | |
| Emami Limited | 0.87% | |
| Pharmaceuticals | 6.13% | |
| ✔ Alkem Laboratories Limited | 2.60% | |
| IPCA Laboratories Limited | 1.34% | |
| Divi's Laboratories Limited | 1.34% | |
| Dr. Reddy's Laboratories Limited | 0.86% | |
| Cement | 4.93% | |
| ✔ UltraTech Cement Limited | 2.60% | |
| Shree Cement Limited | 1.59% | |
| The Ramco Cements Limited | 0.74% | |
| Consumer Durables | 4.69% | |
| Titan Company Limited | 0.99% | |
| Voltas Limited | 0.88% | |
| Crompton Greaves Consumer Electricals Limited | 0.81% | |
| Havells India Limited | 0.80% | |
| Relaxo Footwears Limited | 0.64% | |
| V-Guard Industries Limited | 0.58% | |
| Retailing | 3.80% | |
| ✔ Avenue Supermarts Limited | 2.61% | |
| V-Mart Retail Limited | 1.18% | |
| Construction | 3.54% | |
| Godrej Properties Limited | 1.75% | |
| Ahluwalia Contracts (India) Limited | 1.01% | |
| KNR Constructions Limited | 0.78% | |
| Software | 3.13% | |
| Tata Consultancy Services Limited | 1.73% | |
| Infosys Limited | 0.76% | |
| Larsen & Toubro Infotech Limited | 0.64% | |
| Auto Ancillaries | 1.89% | |
| Balkrishna Industries Limited | 0.77% | |
| Minda Industries Limited | 0.74% | |
| Motherson Sumi Systems Limited | 0.37% | |
| Chemicals | 1.82% | |
| Aarti Industries Limited | 0.80% | |
| Solar Industries India Limited | 0.59% | |
| Atul Limited | 0.43% | |
| Telecom - Services | 1.51% | |
| Bharti Airtel Limited | 1.51% | |
| Industrial Products | 1.41% | |
| SKF India Limited | 0.91% | |
| KEI Industries Limited | 0.50% | |
| Petroleum Products | 1.20% | |
| Bharat Petroleum Corporation Limited | 1.20% | |
| Fertilisers | 1.04% | |
| Coromandel International Limited | 1.04% | |
| Industrial Capital Goods | 0.72% | |
| Siemens Limited | 0.72% | |
| Auto | 0.58% | |
| Maruti Suzuki India Limited | 0.58% | |
| Textiles - Synthetic | 0.46% | |
| Ganesha Ecosphere Limited | 0.46% | |
| Total | 73.00% | |
| Unlisted | ||
| Software | * | |
| SIP Technologies & Export Limited** | * | |
| Total | * | |
| Name of Instrument | Rating | "% to Net Assets" |
| DEBT INSTRUMENTS | ||
| BOND & NCD's | ||
| Listed / awaiting listing on the stock exchanges | ||
| ✔ REC Limited | CRISIL AAA | 2.90% |
| ✔ HDFC Bank Limited | IND AA+ | 2.53% |
| National Bank for Agriculture and Rural Development | CRISIL AAA | 2.04% |
| Bank of Baroda | IND AA+ | 1.15% |
| Housing Development Finance Corporation Limited | CRISIL AAA | 0.99% |
| Bharat Petroleum Corporation Limited | CRISIL AAA | 0.87% |
| Bank of Baroda | CARE AA | 0.80% |
| State Bank of India | CRISIL AA+ | 0.74% |
| State Bank of India | CRISIL AAA | 0.72% |
| Hindustan Petroleum Corporation Limited | CRISIL AAA | 0.49% |
| Reliance Industries Limited | CRISIL AAA | 0.43% |
| NHPC Limited | ICRA AAA | 0.40% |
| REC Limited | IND AAA | 0.39% |
| Axis Bank Limited | CRISIL AA+ | 0.27% |
| Hindustan Petroleum Corporation Limited | IND AAA | 0.26% |
| Indian Railway Finance Corporation Limited | CRISIL AAA | 0.26% |
| National Highways Authority of India | CRISIL AAA | 0.25% |
| Power Grid Corporation of India Limited | CRISIL AAA | 0.23% |
| Dewan Housing Finance Corporation Limited@ | CARE D | 0.15% |
| NTPC Limited | CRISIL AAA | 0.14% |
| LIC Housing Finance Limited | CRISIL AAA | 0.09% |
| Indian Railway Finance Corporation Limited | CARE AAA | 0.08% |
| East-North Interconnection Company Limited | CRISIL AAA | 0.08% |
| Power Finance Corporation Limited | CRISIL AAA | 0.02% |
| Total | 16.28% | |
| Unlisted | ||
| KKR India Financial Services Private Limited | CRISIL AA | 0.89% |
| SBI Cards & Payment Services Private Limited | CRISIL AAA | 0.24% |
| Total | 1.13% | |
| Government Securities (Central/State) | ||
| 7.17% GOI 08012028 | SOV | 1.95% |
| 7.59% GOI 11012026 | SOV | 1.74% |
| 7.27% GOI 08042026 | SOV | 1.27% |
| 7.32% GOI 28012024 | SOV | 1.14% |
| 6.45% GOI 07102029 | SOV | 0.48% |
| 7.37% GOI 16042023 | SOV | 0.33% |
| 6.79% GOI 26122029 | SOV | 0.07% |
| Total | 6.98% | |
| MONEY MARKET INSTRUMENTS | ||
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 2.13% | |
| Total | 2.13% | |
| Cash & Cash Equivalent | ||
| Net Receivables/Payables | 0.48% | |
| Total | 0.48% | |
| GRAND TOTAL | 100.00% |
✔Top Ten Holdings
*Less than 0.01%
** Non Traded / Thinly Traded and illiquid securities in accordance with SEBI Regulations
DSP Equity & Bond Fund erstwhile known as DSP Balanced Fund
@@Computed on the invested amount for debt portfolio
Notes: 1. @security is below investment grade or default
2. Pursuant to SEBI circular SEBI/HO/IMD/DF4/CIR/P/2019/102 dated September 24, 2019 read with circular no.
SEBI/HO/IMD/DF4/CIR/P/2019/41 dated March 22, 2019. Below are the details of the securities in case of which
issuer has defaulted beyond its maturity date
| Security | ISIN | value of the security considered under net receivables (i.e. value recognized in NAV in absolute terms and as % to NAV) (Rs.in lakhs) | total amount (including principal and interest) that is due to the scheme on that investment (Rs.in lakhs) | |
| 0% IL&FS Transportation Networks Limited Ncd Series A 23032019 | INE975G08140 | 0.00 | 0.00% | 5,965.03 |
| Growth of Rs. 1 L invested at inception: | 16.73 L |
| SIP Returns(In %) | ||||
| 10 yr | 5 yr | 3 yr | SI* | |
| *SI - Since inception | 11.68 | 9.55 | 8.43 | 14.99 |
| Outperformed Benchmark TRI (calendar year) | CRISIL Hybrid 35+65 -
Aggressive Index 82% |
| 10 yr | 5 yr | 3 yr | 1 yr | |
| Minimum | 9.7 | 4.2 | -11.9 | -39.9 |
| Maximum | 23.5 | 42.5 | 51.0 | 89.3 |
| Average | 16.2 | 17.3 | 16.7 | 16.4 |
| % times negative returns | -- | -- | 7.0 | 22.9 |
| % of times returns are in excess of 7% | 100.0 | 96.9 | 81.7 | 61.8 |
Mid Cap: 101st -250th company in terms of full market capitalization
Small Cap: 251st company onwards in terms of full market capitalization.
| Positions Increased |
| Stock |
| Chemicals |
| Solar Industries India Limited |
| Cement |
| UltraTech Cement Limited |
| Fertilisers |
| Coromandel International Limited |
| Positions Decreased |
| Stock |
| Consumer Durables |
| Relaxo Footwears Limited |
| Auto Ancillaries |
| Motherson Sumi Systems Limited |
Rebalances below 0.05 % are not considered.
The primary investment objective
of the Scheme, seeking to generate
long term capital appreciation and
current income from a portfolio
constituted of equity and equity
related securities as well as fixed
income securities (debt and money
market securities).
There is no assurance that the
investment objective of the
Scheme will be realized.
This Open Ended aggressive hybrid scheme is suitable for investors who are seeking*
• Capital growth and income over a long-term investment horizon
• Investment primarily in equity/equity-related securities, with balance exposure in money market
and debt Securities
* Investors should consult their financial advisors if in doubt whether the product is suitable for them.