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DSP Equity Savings Fund

Equity Savings · DSP Asset Managers Private Limited

In plain words

Among the 127 funds in its category, this one has grown money faster than most. ₹1 lakh invested 5 years ago would be about ₹1.4 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹12.1 lakh and grown it to about ₹18.9 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹81,110. Expect meaningful ups and downs on the way.

New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.
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DSP Equity Savings Fund is a Equity Savings fund from DSP Asset Managers Private Limited. It has a track record of about 10.5 years. As of the latest data it carries an RS rating of 43/99 (its recent momentum versus category peers) and a King Score of 73/100 (a long-term quality composite). The current NAV is ₹25.02 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 73/100 · Current momentum (RS): 43/99 · 5-year CAGR: 7.25% · Worst-ever fall: -18.89%
43RS rating
73King Score
7.96%3Y CAGR
7.25%5Y CAGR
-18.89%Max drawdown
0.4Sharpe 3Y
n/aExpense
3471AUM ₹Cr

Growth of ₹100 - last 5 years

2021-092026-08
What ₹100 invested 5 years ago would be worth today, from actual NAV history.

DSP Equity Savings Fund returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-1.05%-0.96%
3 months-0.22%1.25%
6 months0.76%3.61%
1 year1.82%4.25%
3 years (CAGR)7.96%8.38%
5 years (CAGR)7.25%7.71%
10 years (CAGR)8.58%7.93%

The last 10 years return of DSP Equity Savings Fund works out to 8.58% a year (CAGR) - ₹1 lakh invested 10 years ago would be about ₹2.3 lakh today. The last 5 years return is 7.25% a year (₹1 lakh → ₹1.4 lakh), and the last 3 years return is 7.96% - behind its category's 8.38% average by 0.4 points. Its trailing one-year return is 1.82%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearDSP Equity Savings FunBenchmark
2018+0.1%-3.4%
2019+8.9%+7.7%
2020+9.4%+16.7%
2021+14.5%+30.2%
2022+5.4%+3.0%
2023+13.2%+25.8%
2024+13.0%+15.2%
2025+6.9%+6.7%
2026+0.0%-5.8%

DSP Equity Savings Fund beat its benchmark in 5 of the last 9 calendar years. Consistency against the benchmark matters more than any single great year.

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in DSP Equity Savings Fund would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹400,7665.26%
5 years₹610,000₹735,1677.39%
10 years₹1,210,000₹1,894,2828.67%

Over 10 years, ₹1,210,000 invested in monthly instalments would have grown to about ₹1,894,282 - an XIRR of 8.67%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-18.89%-14.76%
Worst drawdown (3Y)-2.7%-4.54%
Volatility (1Y)4.5%5.26%
Sharpe (3Y)0.40.41
Sortino (3Y)0.780.66
Beta (3Y)0.230.29
Alpha (3Y)1.26%1.32%
Up capture31.1%36.36%
Down capture15.8%21.89%
Bull-market return13.3%14.34%
Bear-market return-7.6%-7.83%

Timing matters more than people admit: the best possible 1-year stretch in DSP Equity Savings Fund (starting 2020-03-23) gained 37.4%, while the worst (starting 2019-03-22) lost 12.2%. The worst peak-to-bottom fall DSP Equity Savings Fund has ever put investors through is -18.89% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -7.6% annualised, versus 13.3% in rising markets. It has captured roughly 31.1% of its benchmark's up-moves and 15.8% of its down-moves.

How DSP Equity Savings Fund behaves when markets fall

When the market is falling (the Nifty below its 200-day average), DSP Equity Savings Fund has historically returned about -7.6% annualised, versus roughly 13.3% when the market is rising. Its deepest fall on record is -18.89%. Right now it sits about 1.41% below its all-time high (last hit 2026-07-07). The real question isn't the average year - it's whether you could hold on through the worst one.

How DSP Equity Savings Fund ranks in its category

Percentile versus its ~127 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
84th
Drawdown resilience
35th
Consistency
75th
Risk-adjusted (Sharpe)
87th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR10.02%
3Y windows positive100.0%
Worst 3Y window0.12%
3Y windows beating Nifty 50011.5%
Median 5Y rolling CAGR9.7%
Median 10Y rolling CAGR9.29%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, DSP Equity Savings Fund returned a median of 10.02% a year, and 100.0% of those windows were positive.

What DSP Equity Savings Fund holds

Its latest monthly portfolio disclosure. This is what your money actually owns.

Top holdings

HDFC Bank Limited · Finance
4.7%
Axis Bank Limited · Financials
3.1%
Reliance Industries Limited · Energy
3.1%
ICICI Bank Limited · Financials
3.0%
HDFC Bank Limited · Finance
2.7%
Cipla Limited · Health Care
2.2%
Vodafone Idea Limited · Communication Services
2.2%
ITC Limited · Consumer Staples
2.1%
Kotak Mahindra Bank Limited · Finance
2.0%
Bharti Airtel Limited · Communication Services
1.9%

Sector allocation

Financials
14.5%
Finance
10.4%
Communication Services
6.7%
Consumer Discretionary
6.3%
Health Care
5.8%
Energy
4.8%
Consumer Staples
3.2%
Materials
3.2%

The top 10 holdings make up 27.1% of the portfolio, across 81 stocks. A higher concentration means the fund's fortunes ride on fewer names.

Portfolio overlap with similar funds

DSP Equity Savings Fund shares HSBC Equity Savings Fund (25%), Edelweiss Equity Savings Fund (1%), Edelweiss Equity Savings Fund (1%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.

Cost & fund basics

DetailValue
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹100
Fund size (AUM)₹3,471 Cr
Age10.5 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How DSP Equity Savings Fund compares to peers

FundRSKing3Y CAGR
Edelweiss Equity Savings Fund959011.1%
Edelweiss Equity Savings Fund969011.1%
HSBC Equity Savings Fund948912.7%
Baroda BNP Paribas Equity Savings Fund86859.0%
Sundaram Equity Savings Fund (Formerly Known as Principal Equity Savings Fund)60858.6%
Kotak Equity Savings Fund87829.9%
Compare side by side. Chart DSP Equity Savings Fund against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
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Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

DSP Equity Savings Fund review: the bottom line

On the data, its strengths are a strong long-term quality score (73/100). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is DSP Equity Savings Fund a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, DSP Equity Savings Fund scores 73/100 on our King Score and RS 43/99 within its category, has compounded 7.96% a year over three years, and its worst drawdown was -18.89%. Compare those against your needs and the peer table above.

What is the NAV of DSP Equity Savings Fund today?

The latest NAV is ₹25.02 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the last 10 years return of DSP Equity Savings Fund?

Over the last 10 years DSP Equity Savings Fund has returned about 8.58% a year (CAGR). In rupees: ₹1 lakh invested 10 years ago would be roughly ₹2.3 lakh today, before tax. See the year-by-year table above for how uneven the ride was.

Is DSP Equity Savings Fund safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -18.89% - ₹1 lakh briefly becoming about ₹81,110. As a equity fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is DSP Equity Savings Fund good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 10 years grew ₹12.1 lakh into about ₹18.9 lakh (XIRR 8.67%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of DSP Equity Savings Fund?

A ₹10,000/month SIP over 10 years would have grown to about ₹1,894,282 (an XIRR of 8.67%) on ₹1,210,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does DSP Equity Savings Fund rank among similar funds?

On 3-year returns it sits around the 84th percentile of its category, and its consistency ranks 75th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is DSP Equity Savings Fund tax-efficient / what about capital gains?

As a equity fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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