EquitySectoral/ ThematicDirectIDCWVery High

DSP Quant Fund

Q: What is the NAV of DSP Quant Fund?

As of 05 Oct 2026, the NAV of DSP Quant Fund is ₹16.22 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has DSP Quant Fund delivered?

DSP Quant Fund has returned -12.69% over 1 year, -1.47% per year over 3 years, -1.72% per year over 5 years and +6.80% 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 Quant Fund?

DSP Quant Fund charges an expense ratio of 1.01% 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 Quant Fund?

DSP Quant Fund's largest holdings are HDFC Bank Limited (7.5%), Federal Bank Limited (3.3%), Hindalco Industries Limited (3.1%), Larsen & Toubro Limited (3.0%) and Bajaj Auto Limited (3.0%). Holdings are disclosed monthly and change over time.

Q: How risky is DSP Quant Fund?

DSP Quant Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.3% and its worst peak-to-trough fall in our sample was -32.7%. 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 -0.52 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Quant Fund's -0.52 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of DSP Quant Fund?

DSP Quant Fund is benchmarked against the BSE 200 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages DSP Quant Fund?

DSP Quant Fund is managed by Aparna Karnik at DSP.

Q: How is DSP Quant Fund taxed?

DSP Quant 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 Sectoral & Thematic Mutual Funds

NAV

₹16.22

+0.50% 1D

as of 05 Oct 2026

This is the Direct plan of DSP Quant Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

Compare SIP calculator

This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+5.99% 3Y CAGR)

Performance

-13.54%absolute

52-week rangePrev NAV ₹16.14

Latest ₹16.22

Low ₹15.5615th percentile of its 52-week rangeHigh ₹19.90

Scorecard

Not rated

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. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.

Performance—

Not enough Sectoral/ Thematic peers to rank yet

Risk—

Volatility 15.3% (no category average yet)

Cost—

1.0% expense (no category average yet)

ConsistencyHigh

94% 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

Consistent — positive in 94% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.01%

Category —

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

20.94

Category —

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

-0.52

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

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

None

Exit Load

None

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

BSE 200 TRI

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.

11 Jun 2019

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

Definitions

Absolute return over the last 1 month (not annualized)

-4.73%

Absolute return over the last 3 months (not annualized)

-4.73%

Absolute return over the last 6 months (not annualized)

+2.55%

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

-17.84%

Annualized returns (≥1Y — CAGR)

Definitions

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

-12.69%

3-year annualized return (CAGR)

-1.47%

5-year annualized return (CAGR)

-1.72%

10-year annualized return (CAGR)

—

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.

+6.80%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

15.25%

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

-0.52

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

-0.64

Largest peak-to-trough decline over full history

-32.66%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-10.37%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.98

How much of the fund's movement Nifty 500 TRI explains

77.2%

Excess return per unit of beta (market risk)

-8.18

Active return over the benchmark per unit of tracking error

-1.33

Annualized std dev of fund-minus-benchmark returns

8.38%

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

63.1%

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

109.0%

Computed vs the Nifty 500 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 (Sectoral/ Thematic)

Period	Fund	Category avg.	Diff
1M abs	-4.73%	—	—
3M abs	-4.73%	—	—
6M abs	+2.55%	—	—
1Y CAGR	-12.69%	—	—
3Y CAGR	-1.47%	—	—
5Y CAGR	-1.72%	—	—

Category average across peers in Sectoral/ Thematic, 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.

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

₹5.58L

Absolute

-7.08%

XIRR

-2.98%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into DSP Quant 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 500 TRI	Diff
2026part	-17.84%	-7.18%	-10.66%
2025	-0.18%	+7.94%	-8.12%
2024	+5.37%	+16.43%	-11.06%
2023	+14.74%	+27.43%	-12.69%
2022	-6.84%	+4.34%	-11.18%
2021	+27.64%	+31.59%	-3.95%
2020	+26.73%	+18.33%	+8.40%
2019part	+8.30%	—	—

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

1,804

Expense ratio

1.01%

AUM

₹779.19Cr

Portfolio turnover

58%

Exit load

Nil

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

P/E ratio

20.9

P/B ratio

5.3

Avg market cap

₹2,49,311Cr

P/E & P/B are portfolio-weighted harmonic means across 35 of 40 equity holdings (89% 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 · Sectoral/ Thematic

Compare all


DSP Quant FundThis fund DSP · Direct · IDCW	—	-12.69%	-1.47%	-1.72%	—	1.01%	₹779.19Cr
Nippon India Taiwan Equity Fund Nippon India · Direct · IDCW	—	+128.11%	+63.78%	—	—	1.06%	₹1,110Cr
HDFC Defence Fund HDFC · Direct · IDCW	—	+20.18%	+36.05%	—	—	0.89%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Direct · IDCW	—	+25.57%	+29.81%	—	—	1.03%	₹2,282Cr
Nippon India Japan Equity Fund Nippon India · Direct · IDCW	—	+30.50%	+24.42%	+12.14%	—	1.37%	₹330.20Cr
HDFC Transportation and Logistics Fund HDFC · Direct · IDCW	—	+4.44%	+23.42%	—	—	1.09%	₹1,685Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap63.3%
Mid cap36.7%
Small cap0.0%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity97.67%
Cash & Equivalents2.29%
Debt0.04%

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

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
UTI Quant Fund UTI · Sectoral/ Thematic	40.2%	★★☆☆☆	1.09%	—
UTI Multi Asset Allocation Fund UTI · Multi Asset Allocation	39.0% of 65% equity	★★☆☆☆	0.89%	+14.62%
NJ Balanced Advantage Fund NJ · Dynamic Asset Allocation or Balanced Advantage	38.5%	★★☆☆☆	1.14%	+7.73%
360 One Quant Fund 360 One · Sectoral/ Thematic	37.2%	★★★☆☆	1.09%	+13.93%
Bajaj Finserv Balanced Advantage Fund Bajaj Finserv · Dynamic Asset Allocation or Balanced Advantage	35.9%	★★★☆☆	1.00%	—
UTI Nifty 200 Quality 30 Index Fund UTI · Index Funds	35.4%	★★☆☆☆	0.66%	—
Bandhan Nifty 200 Quality 30 Index Fund Bandhan · Index Funds	35.4%	★★☆☆☆	0.49%	—
ICICI Prudential Nifty200 Quality 30 Index Fund ICICI Prudential · Index Funds	35.4%	★★☆☆☆	0.48%	—

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.

-32.7%19 Feb 2020 → 23 Mar 2020
Fell over 33 days, back to the old high on 16 Sep 2020 — 6 months under water after the low.
-29.4%26 Sep 2024 → 30 Mar 2026
Still below that high — 1.5 years down, and no recovery yet.
-22.3%17 Jan 2022 → 17 Jun 2022
Fell over 5 months, back to the old high on 08 Dec 2023 — 18 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

₹779.19Cr

April - June 2026

-6%

since January - March 2026

+₹49.36Cr

est. net flow, last quarter

Down +6% from its peak of ₹831.93Cr 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

AKAparna KarnikStart date not disclosed

Role

Head - Quantitative Investments and Analytics Fund Manager

Education

B.Com, M.M.S. (Mumbai University)

Experience

Over 21 years of experience as under: From April 2023 to present: DSPAM- Senior Vice President, Head - Quantitative Investments and Analytics. From May 2022 to March 2023: DSPIM- Senior Vice President, Head - Quantitative Investments and Analytics From May 2010 to April 2022: DSPIM – Senior Vice President and Head – Risk & Quantitative Analysis From April 2007 to May 2010: CRISIL Ltd, Senior Manager, Corporate & Infrastructure Ratings From August 2004 to March 2007: CRISIL Ltd, Manager, Structured Finance Ratings

Funds managed (3)

All schemes Aparna Karnik runs →

Fund manager, benchmark and dealing terms from 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

Aparna Karnik

Top holdings

HDFC Bank Limited Federal Bank Limited Hindalco Industries Limited Larsen & Toubro Limited Bajaj Auto Limited HCL Technologies Limited Infosys Limited Shriram Finance Limited Torrent Pharmaceuticals Limited Zydus Lifesciences Limited Hero MotoCorp Limited Bosch 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.

Run SIP calculator Add to compare

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 Sectoral & Thematic funds

Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.

Frequently asked questions

What is the NAV of DSP Quant Fund?

As of 05 Oct 2026, the NAV of DSP Quant Fund is ₹16.22 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has DSP Quant Fund delivered?

DSP Quant Fund has returned -12.69% over 1 year, -1.47% per year over 3 years, -1.72% per year over 5 years and +6.80% 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 Quant Fund?

DSP Quant Fund charges an expense ratio of 1.01% 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 Quant Fund?

DSP Quant Fund's largest holdings are HDFC Bank Limited (7.5%), Federal Bank Limited (3.3%), Hindalco Industries Limited (3.1%), Larsen & Toubro Limited (3.0%) and Bajaj Auto Limited (3.0%). Holdings are disclosed monthly and change over time.

How risky is DSP Quant Fund?

DSP Quant Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 15.3% and its worst peak-to-trough fall in our sample was -32.7%. 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 -0.52 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Quant Fund's -0.52 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of DSP Quant Fund?

DSP Quant Fund is benchmarked against the BSE 200 TRI. Its alpha and beta on this page are measured against that index.

Who manages DSP Quant Fund?

DSP Quant Fund is managed by Aparna Karnik at DSP.

How is DSP Quant Fund taxed?

DSP Quant 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.