DSP Equity Opportunities mutual fund review: What makes this scheme a worthy bet (2024)

FAQs

Is it good to invest in DSP mutual fund? ›

Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 18.03% & 15.25%. The DSP Top 100 Equity Fund comes under the Equity category of DSP Mutual Funds. Minimum Investment Amount: Lump sum minimum amount for DSP Top 100 Equity Fund is ₹100 and for SIP, it is ₹100.

1. Current NAV: The Current Net Asset Value of the DSP Equity Opportunities Fund as of Apr 24, 2024 is Rs 523.27 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 43.74% (1yr), 21.22% (3yr), 18.29% (5yr) and 17.9% (since launch).

Compare the performance of the fund over the last three, five, and 10 years. Though past performance does not ensure future performance, it can still be an indicator of the quality of the fund manager. Consistency is key. Additionally, check to see if that performance has outpaced the S&P 500.

Pros. Equity mutual funds are not concentrated in a single stock position, enabling investors to reduce concentration risk. Mutual funds are managed by professionals, who conduct investment research and take many of the potentially difficult and numerous daily decisions out of an investor's hands.

What is a DSP? Digital Signal Processors (DSP) take real-world signals like voice, audio, video, temperature, pressure, or position that have been digitized and then mathematically manipulate them. A DSP is designed for performing mathematical functions like "add", "subtract", "multiply" and "divide" very quickly.

What are opportunity funds? It is a diversified equity mutual fund whose fund manager is on a constant lookout for investment opportunities.

To choose a mutual fund, define your investment objectives (e.g., retirement, education, wealth creation), choose a fund category (equity, debt, hybrid) based on your risk appetite, and evaluate historical returns, expense ratios, and fund managers.

When should you not invest in mutual funds? ›

However, mutual funds are considered a bad investment when investors consider certain negative factors to be important, such as high expense ratios charged by the fund, various hidden front-end, and back-end load charges, lack of control over investment decisions, and diluted returns.

All investments carry some degree of risk and can lose value if the overall market declines or, in the case of individual stocks, the company folds. Still, mutual funds are generally considered safer than stocks because they are inherently diversified, which helps mitigate the risk and volatility in your portfolio.

The statistic states that over the past 10 years, the average return of growth and income mutual funds has been approximately 10.24%. This means that, on average, investors who have invested in these types of funds have seen a return of around 10.24% on their investment over this time period.

Many people consider total return the most accurate measure of performance. To compare the total returns of two or more funds, you use percent return, which is a fund's total return divided by your initial investment.

Simply stated, alpha is often considered to represent the value that a portfolio manager adds or subtracts from a fund portfolio's return. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%. Correspondingly, an alpha of -1.0 would indicate an underperformance of 1%.

As the regular fund has a higher expense ratio due to the commission and brokerage involved, the NAV of the regular schemes is generally lower than the direct plans since there is no commission or brokerage in direct plans. Returns: Direct plans offer higher returns due to a lower expense ratio than regular funds.

The fund currently has an Asset Under Management(AUM) of ₹1,38,965 Cr and the Latest NAV as of 26 Apr 2024 is ₹11.67. The DSP Multi Asset Allocation Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 100.

Earlier, DSP Mutual Fund was a joint venture of DSP Group and Blackrock Investment Firm. But in 2018, BlackRock Inc. sold its 40% stake, making DSP Mutual Fund a wholly owned subsidiary of DSP group. The Equity Mutual Funds under DSP AMC are best for investors who are willing to invest for a longer period of time.