This is the Regular plan of DSP Value 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.
Performance
Scorecard
★★★★★5/5 vs 21 of 23 Value 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 Value Fund (same plan and option). 21 of the 23 Value Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +14.46% · ranks 4 of 21 Value Funds
Volatility 11.1% vs 14.5% category avg
2.4% expense vs 2.4% category avg
100% 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
- 1-year return (+2.62%) beats the Value Fund average (-1.48%)
- 3-year return (+14.46%) beats the Value Fund average (+10.79%)
- 5-year return (+11.39%) beats the Value Fund average (+10.38%)
- Stronger risk-adjusted returns — Sharpe 0.72 vs 0.28 Value Fund average
- Less volatile than its Value Fund peers (11.1% vs 14.5%)
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Value Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.28% | -4.65% | +0.37% |
| 3M abs | -3.62% | -4.39% | +0.77% |
| 6M abs | +4.30% | +6.77% | -2.47% |
| 1Y CAGR | +2.62% | -1.48% | +4.10% |
| 3Y CAGR | +14.46% | +10.79% | +3.67% |
| 5Y CAGR | +11.39% | +10.38% | +1.01% |
Category average across peers in Value Fund (up to 23 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 23 peers in Value Fund
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into DSP Value 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 | -1.64% | -7.18% | +5.54% | |
| 2025 | +11.51% | +7.94% | +3.57% | |
| 2024 | +20.87% | +16.43% | +4.44% | |
| 2023 | +29.91% | +27.43% | +2.48% | |
| 2022 | -2.53% | +4.34% | -6.87% | |
| 2021 | +30.97% | +31.59% | -0.62% | |
| 2020part | +3.02% | — | — |
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.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Fund manager change — now managed by Abhishek Singh, Kaivalya Nadkarni; Abhishek Singh Kaivalya Nadkarni stepped away25 Sep 2026
Taxation
Taxed as equityThis 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.
Flat, on the whole gain
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Equity80.45%
- Cash & Equivalents11.33%
- Other3.96%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹1,772Cr in April - June 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.
Fund Managers
ASAbhishek SinghManaging since 16 May 2026
B-Tech, IIT Kanpur PGDM, IIM Lucknow
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
KNKaivalya NadkarniManaging since 01 Oct 2024
Charted Accountant (CA), B.Com.
Over 6 years of experience as detailed under: From Sept 2024 to Present - Equity Dealing - DSP Asset Managers Private Limited From Sept 2018 to August 2024 - Equity Dealing, Fund Management & Fund Accounting - ICICI Prudential AMC
- DSP Arbitrage fund
- DSP Dynamic Asset Allocation Fund
- DSP Equity Savings Fund
- DSP Global Clean Energy Overseas Equity Omni FoF - Direct Plan - Growth
- DSP Global Innovation Overseas Equity Omni FoF - Direct Plan - Growth
- DSP Income Plus Arbitrage Omni FoF - Direct Plan - Growth
- DSP US Specific Debt Passive FoF - Direct Plan - Growth
- DSP US Specific Equity Omni FoF - Direct Plan - Growth
- DSP World Gold Mining Overseas Equity Omni FoF - Direct Plan - Growth
- DSP World Mining Overseas Equity Omni FoF - Direct Plan - Growth
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
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.
Should you invest in Nifty 50 equal weight index mutual funds now? This 12-month ratio can help you decide
Livemint · 3d ago
Mutual fund portfolio: How conservative, moderate and aggressive investors can allocate in current scenario
Livemint · 4d ago
Navigator Report September 2026 by DSP Mutual Fund
Investment Guru India · 5d ago
Abhik Sanyal on DSP Mutual Fund’s new playbook for purpose-led storytelling
Adgully.com · 6d ago
DSP Medium Term Fund - Direct Plan
CNBC TV18 · 7d ago
Invested in a top-performing mutual fund? Why strong returns may not translate into similar gains for you
Livemint · 8d ago
Indian markets may consolidate for 6 months amid macro risks: DSP Mutual Fund’s Vinit Sambre
CNBC TV18 · 10d ago
₹10,000 monthly SIP for 3 years: This multi-asset fund has delivered over 14% annualised return
CNBC TV18 · 12d ago
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 Value funds
Value funds look for stocks trading below what the manager thinks they're worth. The style can lag for long stretches and then catch up quickly, so it rewards patience.
Frequently asked questions
What is the NAV of DSP Value Fund?
As of 01 Oct 2026, the NAV of DSP Value Fund is ₹22.67 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has DSP Value Fund delivered?
DSP Value Fund has returned +2.62% over 1 year, +14.46% per year over 3 years, +11.39% per year over 5 years and +15.13% 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 Value Fund?
DSP Value Fund charges an expense ratio of 2.41% 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 Value Fund?
DSP Value Fund's largest holdings are HDFC Bank Limited (8.0%), ICICI Bank Limited (7.9%), Mahindra & Mahindra Limited (3.4%), Bharti Airtel Limited (2.6%) and Reliance Industries Limited (2.3%). Holdings are disclosed monthly and change over time.
How risky is DSP Value Fund?
DSP Value Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.1% and its worst peak-to-trough fall in our sample was -16.8%. 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 0.72 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Value Fund's 0.72 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of DSP Value Fund?
DSP Value Fund is benchmarked against the Nifty 500 TRI. Its alpha and beta on this page are measured against that index.
Who manages DSP Value Fund?
DSP Value Fund is managed by Abhishek Singh and Kaivalya Nadkarni at DSP.
How is DSP Value Fund taxed?
DSP Value 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.