DSP Value Fund
NAV
₹25.02
as of 20 Aug 2026
DSP Value Fund is an open-ended Value Fund scheme from DSP Mutual Fund managing ₹2,143 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹25.02 as of 20 Aug 2026. The expense ratio is 1.73% a year. Managed by Aparna Karnik. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 1.73% / yr
- as of 30 Jun 2026
- Fund size
- ₹2,143 crore
- as of 31 Jul 2026
- Exit load
- 1%
- SIP available
- Yes
- Launched
- 10 Dec 2020
- ISIN
- INF740KA1PP3
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY 500 Index
DSP Value Fund
₹193
+93% on ₹100 over 5.0 yrs
Value Fund average
₹203
+103% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 2.71% | 4.78% | -2.07 |
| 6 months | 3.66% | 1.65% | +2.01 |
| 1 year | 12.45% | 3.57% | +8.88 |
| 3 years (CAGR) | 18.04% | 15.28% | +2.76 |
| 5 years (CAGR) | 14.11% | 15.24% | -1.13 |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -4.1%
- Median
- 13.7%
- Best
- 43.4%
49 windows over the last 60 months, stepped monthly; 92% ended positive. Worst window began 1 Oct 2021. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 15.9%
- Median
- 18.8%
- Best
- 23.1%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Apr 2022. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.98
- Sharpe ratio (5Y)
- 0.74
- Sortino ratio (3Y)
- 1.68 vs category 0.75
- Standard deviation (3Y)
- 10.96%
- Beta (3Y)
- 0.64
- Alpha (3Y)
- 6.75%
- Deepest fall (5Y)
- -12.70%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-10.2%
Right now
-0.9% below peak
Ahead of its benchmark in 61% of months (window: 3y, monthly) — benchmark: NIFTY 500 Index, name shown only.
Where the money actually is
Equity
84.3%
Cash
15.7%
Other
0.0%
Whole-portfolio split, as of 31 Jul 2026. Equity here is the NET position: this fund holds shares and sells futures against them, so the two largely cancel. The holdings below are gross, before that offset.
What it owns
69 positions · top 10 = 34.6%
Market-cap mix
Large 54.6%Mid 8.9%Small 2.7%Other 33.8%
as of 31 Jul 2026
Holdings by sector
Financial Services(3 in top 10)30.2%
- HDFC Bank Ltd8.72%
- ICICI Bank Ltd8.11%
- SBI Life Insurance Co Ltd2.46%
Consumer Cyclical(1 in top 10)12.1%
- Mahindra & Mahindra Ltd3.65%
- Technology6.2%
Energy(1 in top 10)6.0%
- Reliance Industries Ltd2.40%
- Healthcare5.3%
Communication Services(1 in top 10)5.1%
- Bharti Airtel Ltd2.88%
- Industrials3.7%
- Utilities3.6%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 109.7% vs category 50.1% a year.
Other top holdings
- Treps / Reverse Repo Investmentsmatures 3 Aug 202611.83%
- Nifty Aug26matures 25 Aug 20264.45%
- Net Receivables/Payables3.11%
- Future on Reliance Industries Ltdderivativematures 25 Aug 20262.40%
Rows marked derivative are futures positions held against the shares listed beside them. A stock and its future largely cancel, so do not add the two together. Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 20.7 vs category 21.3
- P/B
- 2.8 vs category 2.8
- Dividend yield
- 1.6% vs category 1.4%
- Net margin
- 20.6% vs category 17.1%
- Earnings growth
- 12.5%
- Avg market cap
- ₹4.73 lakh crore
Money in, money out
- Net flow, 12 months
- +₹920 cr
- Net flow, 3 months
- +₹359 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of DSP Value Fund?
- ₹25.02 per unit as of 20 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of DSP Value Fund?
- 1.73% a year for the Direct plan, as of 30 Jun 2026.
- How large is DSP Value Fund?
- ₹2,143 crore under management as of 31 Jul 2026, in the Value Fund category.
- How risky is DSP Value Fund?
- Its SEBI Riskometer reading is "Very High Risk". Style bets: out-of-favour companies, steady payers, concentrated conviction.
- What are the 5-year returns of DSP Value Fund?
- 14.11% a year over the last 5 years (Direct plan, CAGR), against a Value Fund average of 15.24%. Past returns do not predict future returns.
- What is the worst 3-year return of DSP Value Fund?
- 15.9% a year — the weakest of 25 overlapping 3-year holding periods, beginning 1 Apr 2022. The median was 18.8% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages DSP Value Fund?
- Aparna Karnik, managing this fund for 4 years.
Where this fund sits
Its shelf, all funds
Vl · Value, dividend & focused →
Style bets: out-of-favour companies, steady payers, concentrated conviction.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Value Fund funds
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.