MF Gyan
otherModerate risk10 years oldAccelerating recently (last 6m ≈ 15% p.a.)

DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth

A specialised fund. Check the scheme details for what it invests in. From DSP Mutual Fund. It's been running since 20 May 2016.

Latest price per unit
₹13.8958
▲ 0.05% today
As of 1 Jul 2019 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.09 L
▲ ₹8.9k gain · 8.9% / year
Invested 3 years ago
₹1.32 L
▲ ₹32.4k gain · 9.8% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.06 L
Gain / loss+₹25.6k
XIRR (annualised)9.36%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.08 L
Projected gain*+₹28.5k
*at this fund's historical rate of 9.36% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Income

Same plan
1-year return
8.91%median 4.49% (+4.43%)
Rank #108 of 501Beats 75% of peers
3-year return
9.81%median 6.00% (+3.81%)
Rank #47 of 501Beats 78% of peers
Bumpiness (3Y)
9.59%median 5.00% (+4.59%)
Rank #322 of 501Less risky than 35% of peers
Worst-ever drop
-12.40%median -6.85% (-5.56%)
Rank #169 of 501Less risky than 66% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 4 years were positive.

+5%
2016
+20%
2017
+4%
2018
+7%
2019
Best year
2017 · 19.76%
Worst year
2018 · 3.78%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
9.6%

The value swings roughly 10% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-12.40%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth against other other funds.

Technical details (for the pros)
CAGR — 1 year8.91%
CAGR — 3 years9.81%
CAGR — 5 years—
CAGR — since launch11.13%
Volatility — 1 year (annualised)11.56%
Volatility — 3 years (annualised)9.59%
Max drawdown — 1 year-12.40%
Max drawdown — 3 years-12.40%
Sharpe ratio — 1 year (rf=6%)0.30
Sharpe ratio — 3 years (rf=6%)0.39

Fund info

Fund house
DSP Mutual Fund
Category
Income
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
139329
First price on record
20 May 2016 · 756 daily prices

About DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth

DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth is a Income offered by DSP Mutual Fund under the Direct plan with the Growth option. It has approximately 10 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth is ₹13.8958 (as of 1 Jul 2019). Historically, it has delivered 8.96% over the last year, 9.81% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 9.6% annualised volatility — a "moderate" level of bumpiness; its deepest peak-to-trough fall on record was 12.4%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth?+

The latest NAV of DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth is ₹13.8958 as of 1 Jul 2019, up 0.05% from the previous day. NAV is updated once a business day after the market close.

What are the returns of DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth?+

DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth has delivered 1-year return 8.96%, 3-year CAGR 9.81%, since-inception CAGR 11.13%. Returns are historical and don't predict future performance — markets move in cycles.

What category does DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth belong to?+

DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth?+

Based on its 3-year annualised volatility of 9.6%, DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth sits in the "moderate" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth a direct plan?+

DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth?+

DSP Dual Advantage Fund - Series 45 - 38M - Direct - Growth has NAV history available from 20 May 2016 — approximately 10 years of track record and 756 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.