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DSP Aggressive Hybrid Fund

Q: What is the NAV of DSP Aggressive Hybrid Fund?

As of 05 Oct 2026, the NAV of DSP Aggressive Hybrid Fund is ₹335.85 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has DSP Aggressive Hybrid Fund delivered?

DSP Aggressive Hybrid Fund has returned -5.86% over 1 year, +7.99% per year over 3 years, +6.97% per year over 5 years and +11.70% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund charges an expense ratio of 1.84% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund's largest holdings are HDFC Bank Limited (7.9%), ICICI Bank Limited (7.9%), 6.90% GOI 15042065 (4.1%), Mahindra & Mahindra Limited (3.8%) and Axis Bank Limited (3.8%). Holdings are disclosed monthly and change over time.

Q: How risky is DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 9.8% and its worst peak-to-trough fall in our sample was -44.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.15 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Aggressive Hybrid Fund's 0.15 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund is benchmarked against the CRISIL Hybrid 35+65 - Aggressive Index. Its alpha and beta on this page are measured against that index.

Q: Who manages DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund is managed by Abhishek Singh, Shantanu Godambe and Aniket Pande at DSP.

Q: How is DSP Aggressive Hybrid Fund taxed?

DSP Aggressive Hybrid Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

DSP Mutual Fund · Best Aggressive Hybrid Mutual Funds

NAV

₹335.85

+0.26% 1D

as of 05 Oct 2026

This is the Regular plan of DSP Aggressive Hybrid Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-6.27%absolute

52-week rangePrev NAV ₹334.97

Latest ₹335.85

Low ₹323.5929th percentile of its 52-week rangeHigh ₹365.68

Scorecard

★★★★☆4/5 vs 29 Aggressive Hybrid Fund peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Aggressive Hybrid Fund (same plan and option).

PerformanceBelow avg

3Y CAGR +7.99% · ranks 20 of 28 Aggressive Hybrid Funds

RiskLow

Volatility 9.8% vs 10.9% category avg

CostLow

1.8% expense vs 2.2% category avg

ConsistencyHigh

98% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Aggressive Hybrid Fund peers (9.8% vs 10.9%)
Low expense ratio (1.84%) vs the Aggressive Hybrid Fund average of 2.24%
Consistent — positive in 98% of rolling 3-year windows

Concerns

Trails the Aggressive Hybrid Fund average on 3M/6M/1Y — 1Y by 4.52pp
3-year return (+7.99%) trails the Aggressive Hybrid Fund average (+9.21%)
5-year return (+6.97%) trails the Aggressive Hybrid Fund average (+8.15%)
Ranks #26 of 28 on 1-year return in its Aggressive Hybrid Fund cohort
Weaker risk-adjusted returns — Sharpe 0.15 below the Aggressive Hybrid Fund average of 0.23

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.84%

Category 2.24%▼0.40%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

16.85

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.15

Category 0.23▼0.08

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Holding period from the date of allotment: < 12 months - 1%~ >= 12 months – Nil (as a % of Applicable NAV) ~If the units redeemed or switched out are upto 10% of the units (the limit) purchased or switched

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

CRISIL Hybrid 35+65 - Aggressive Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Apr 2006

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.08%

Absolute return over the last 3 months (not annualized)

-4.97%

Absolute return over the last 6 months (not annualized)

+2.95%

Absolute return since 1 Jan of this year (not annualized)

-7.87%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-5.86%

3-year annualized return (CAGR)

+7.99%

5-year annualized return (CAGR)

+6.97%

10-year annualized return (CAGR)

+10.06%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+11.70%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

9.77%

Excess return per unit of total volatility (rf = 6.5%)

0.15

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.21

Largest peak-to-trough decline over full history

-44.02%

Benchmark ratios (vs Nifty 50 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 50 TRI

1.39%

Sensitivity to Nifty 50 TRI moves; 1 = moves with the index

0.76

How much of the fund's movement Nifty 50 TRI explains

90.9%

Excess return per unit of beta (market risk)

1.79

Active return over the benchmark per unit of tracking error

0.35

Annualized std dev of fund-minus-benchmark returns

4.77%

Fund's share of benchmark gains in up months (100 = matches index)

84.1%

Fund's share of benchmark losses in down months (lower is better)

68.5%

Computed vs the Nifty 50 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Aggressive Hybrid Fund)

Period	Fund	Category avg.	Diff
1M abs	-3.08%	-3.69%	+0.61%
3M abs	-4.97%	-2.84%	-2.13%
6M abs	+2.95%	+6.18%	-3.23%
1Y CAGR	-5.86%	-1.34%	-4.52%
3Y CAGR	+7.99%	+9.21%	-1.22%
5Y CAGR	+6.97%	+8.15%	-1.18%

Category average across peers in Aggressive Hybrid Fund (up to 28 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 28 peers in Aggressive Hybrid Fund

1Y return

-5.86%

Beats 7.4% · rank #26

3Y return

+7.99%

Beats 29.6% · rank #20

5Y return

+6.97%

Beats 29.2% · rank #18

Sharpe

0.15

Beats 29.6% · rank #20

Sortino

0.21

Beats 29.6% · rank #20

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.07L

Absolute

+17.82%

XIRR

+6.70%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into DSP Aggressive Hybrid Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 50 TRI	Diff
2026part	-7.87%	-12.85%	+4.98%
2025	+6.76%	+11.97%	-5.21%
2024	+17.66%	+10.16%	+7.50%
2023	+25.33%	+21.69%	+3.64%
2022	-2.72%	+5.68%	-8.40%
2021	+24.22%	+25.49%	-1.27%
2020	+17.03%	+16.57%	+0.46%
2019	+14.18%	+13.43%	+0.75%
2018	-5.13%	+4.40%	-9.53%
2017	+27.61%	+30.12%	-2.51%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

5,051

Expense ratio

1.84%

AUM

₹11,588Cr

Portfolio turnover

134%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

16.9

P/B ratio

3.3

Avg market cap

₹4,15,046Cr

P/E & P/B are portfolio-weighted harmonic means across 40 of 44 equity holdings (67% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Aggressive Hybrid Fund

Compare all


DSP Aggressive Hybrid FundThis fund DSP · Regular · Growth	★★★★☆	-5.86%	+7.99%	+6.97%	—	1.84%	₹11,588Cr
Bank of India Aggressive Hybrid Fund Bank of India · Regular · Growth	★★★★☆	+11.30%	+14.88%	+12.95%	—	2.25%	—
Bandhan Aggressive Hybrid Fund Bandhan · Regular · Growth	★★★☆☆	+3.34%	+12.16%	+9.48%	—	2.24%	₹1,976Cr
ICICI Prudential Aggressive Hybrid Fund ICICI Prudential · Regular · Growth	★★★★★	-2.40%	+11.77%	+12.36%	—	1.61%	—
HSBC Aggressive Hybrid Fund HSBC · Regular · Growth	★★★★☆	+2.99%	+11.67%	—	—	1.98%	₹5,460Cr
Quant Aggressive Hybrid Fund quant · Regular · Growth	★★★☆☆	+4.68%	+11.65%	+10.48%	—	2.71%	₹2,054Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 99% of the equity sleeve priced.

Large cap71.9%
Mid cap17.0%
Small cap11.1%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity71.88%
Debt21.74%
Other3.38%
Cash & Equivalents3.00%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
DSP Conservative Hybrid Fund DSP · Conservative Hybrid Fund	78.2% of 21% equity	★★★☆☆	0.64%	+8.50%
DSP Large Cap Fund DSP · Large Cap Fund	65.2%	★★★★☆	1.21%	+10.00%
DSP Value Fund DSP · Value Fund	64.9% of 80% equity	★★★★★	1.55%	+15.37%
DSP Equity Savings Fund DSP · Equity Savings	62.7% of 71% equity	★★★☆☆	1.11%	+8.25%
DSP Flexi Cap Fund DSP · Flexi Cap Fund	57.7%	★★★☆☆	0.88%	+9.76%
DSP ELSS Tax Saver Fund DSP · ELSS	56.7%	★★★★★	0.92%	+11.96%
DSP Large & Mid Cap Fund DSP · Large & Mid Cap Fund	55.0%	★★★★☆	0.79%	+12.20%
ICICI Prudential Value Fund ICICI Prudential · Value Fund	51.8%	★★★★☆	1.08%	+10.76%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-44.0%04 Jan 2008 → 09 Mar 2009
Fell over 14 months, back to the old high on 04 Jan 2010 — 10 months under water after the low.
-28.9%19 Feb 2020 → 23 Mar 2020
Fell over 33 days, back to the old high on 09 Nov 2020 — 8 months under water after the low.
-23.1%10 May 2006 → 14 Jun 2006
Fell over 35 days, back to the old high on 27 Oct 2006 — 4 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹11,588Cr

April - June 2026

-2%

since January - March 2026

+₹264.39Cr

est. net flow, last quarter

At or near its largest, ₹11,769Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

DSP Mutual Fund is run by DSP Asset Managers, part of the DSP Group, a Mumbai financial firm whose broking lineage runs back to 1860. The house operated as a joint venture with BlackRock — and Merrill Lynch before it — until the DSP family bought out the foreign stake in 2018.

Launched

15 Dec 1996

Total AUM

₹2,29,802Cr+2.0% QoQ

Avg AUM · April - June 2026

Website

dspim.com

Fund Managers

ASAbhishek SinghManaging since 01 Mar 2024

Education

B-Tech, IIT Kanpur PGDM, IIM Lucknow

Experience

Over 18 years of experience as under: From April 1, 2023 onwards- Fund manager- DSP Asset Managers Private Limited From May 1, 2021 to March 31, 2023- Fund manager- DSP Investment Managers Private Limited From Jan 2021 to April 30, 2021 - DSP Investment Managers Private Limited – Investments – Equities From April 2018 to December 2020- EdelCap Securities Limited, Systematic Trading Division. From October 2015 – February 2018 – Kotak Securities Limited, Proprietary Trading and Structured Products Division. From April 2010 to October 2015 – Kotak Mahindra Investments Limited, Structured Products Division

Funds managed (2)

All schemes Abhishek Singh runs →

SGShantanu GodambeManaging since 01 Aug 2024

Education

CFA, MS(Finance), B.Com

Experience

Over 17 years of experience From March 2023 Onwards: Vice President (Investments - Fixed Income) - DSP Asset Managers Private Limited From January 2016-February 2023: Group Executive Vice President – Financial Markets - Plus SDL – April 2033 Index Yes Bank Ltd From November 2008-January 2016: Head – SLR Desk - Prebon Yamane India Ltd

Funds managed (14)

All schemes Shantanu Godambe runs →

APAniket PandeManaging since 01 Sep 2026

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Abhishek Singh Shantanu Godambe

Top holdings

HDFC Bank Limited ICICI Bank Limited Mahindra & Mahindra Limited Axis Bank Limited ITC Limited Cipla Limited Kotak Mahindra Bank Limited NTPC Limited SBI Life Insurance Co Limited Infosys Limited Alkem Laboratories Limited Maruti Suzuki India Limited

DSP in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Aggressive Hybrid funds

Aggressive hybrid funds hold roughly 65–80% equity and the rest in debt. The bond sleeve cushions falls, making them a gentler entry into equities than a pure equity fund.

Frequently asked questions

What is the NAV of DSP Aggressive Hybrid Fund?

As of 05 Oct 2026, the NAV of DSP Aggressive Hybrid Fund is ₹335.85 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has DSP Aggressive Hybrid Fund delivered?

DSP Aggressive Hybrid Fund has returned -5.86% over 1 year, +7.99% per year over 3 years, +6.97% per year over 5 years and +11.70% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund charges an expense ratio of 1.84% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund's largest holdings are HDFC Bank Limited (7.9%), ICICI Bank Limited (7.9%), 6.90% GOI 15042065 (4.1%), Mahindra & Mahindra Limited (3.8%) and Axis Bank Limited (3.8%). Holdings are disclosed monthly and change over time.

How risky is DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 9.8% and its worst peak-to-trough fall in our sample was -44.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.15 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Aggressive Hybrid Fund's 0.15 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund is benchmarked against the CRISIL Hybrid 35+65 - Aggressive Index. Its alpha and beta on this page are measured against that index.

Who manages DSP Aggressive Hybrid Fund?

DSP Aggressive Hybrid Fund is managed by Abhishek Singh, Shantanu Godambe and Aniket Pande at DSP.

How is DSP Aggressive Hybrid Fund taxed?

DSP Aggressive Hybrid Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.