Fundalysisby DARKHORSESTOCKS

Scheme

DSP Aggressive Hybrid Fund

Holds 46 companies worth ₹8,291 Cr in Sept 2026.

  • Fund house

    DSPThe fund house that runs this scheme.

  • AUM

    ₹11,312 CrDSP Aggressive Hybrid Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.8% on Aug 2026, ₹11,759 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 8.2% of this scheme's NAV.

  • Fund manager

    Abhishek SinghRuns it since 1 Mar 2024, as the fund house dates it. With Shantanu Godambe (fund manager), Aniket Pande (fund manager).

Overview(6 Oct 2026)

Fund managers3

  1. Abhishek SinghFund manager, equity · Mar 2024 · 17y · PGDM B.Tech
  2. Shantanu GodambeFund manager, debt · Aug 2024 · 17y · CFA B.Com
  3. Aniket PandeFund manager, equity · Sept 2026 · 12y · PGDM

    Key facts

    Benchmark
    CRISIL Hybrid 35+65 - Aggressive Index
    Risk
    Very High
    Expense
    Regular 1.83% · Direct 0.78%
    Exit load
    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
    Started
    27 May 1999
    Minimum
    ₹100

    Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

    What changed(59 changes)

    Oct 2026

    2 changes
    1. Exit load
      6 Oct1%~ - Holding period from the date of allotment < 12 months, Nil - Holding period from the date of allotment >= 12 months (as a % of Applicable NAV) ~If the units redeemed or switched out are upto 10% of the units (the limit) purchased or switched → 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
    2. Expense ratio
      1 OctRegular 1.84% → 1.83%Direct 0.79% → 0.78%

    Sept 2026

    1 change
    1. Aniket Pande joined
      4 Septas fund manager (equity)

    Aug 2026

    1 change
    1. Expense ratio
      12 AugRegular 1.83% → 1.84%Direct 0.78% → 0.79%

    Source.Its filings at NSE, since Aug 2024.

    Fund managers over time(Mar 2024 – now)

    1. Abhishek Singh
    2. Shantanu Godambe
    3. Aniket Pande
    MainCoSlice20252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    57 changesRegularDirectΔ pt
    1 Oct 20261.83%0.78%0.01
    12 Aug 20261.84%0.79%0.01
    28 Jul 20261.83%0.78%0
    1 Jul 20261.82%0.78%0.11
    18 Jun 20261.71%0.67%0.05
    17 Jun 20261.76%0.72%0.02
    15 Jun 20261.74%0.70%0.24
    12 Jun 20261.97%0.94%0.21
    10 Jun 20262.19%1.15%0.15
    4 Jun 20262.34%1.30%0.52
    1 Jun 20261.84%0.78%0.11
    28 May 20261.95%0.89%0.20
    26 May 20261.75%0.69%0.10
    25 May 20261.85%0.79%0.07
    24 May 20261.92%0.86%0.01
    20 May 20261.91%0.85%0.29
    19 May 20262.20%1.14%0.19
    18 May 20262.01%0.95%0.26
    17 May 20261.75%0.69%0.01
    13 May 20261.76%0.70%0.08
    7 May 20261.84%0.78%0.25
    6 May 20262.10%1.03%0.38
    5 May 20261.71%0.65%0.18
    3 May 20261.89%0.83%0.12
    29 Apr 20262.01%0.95%0.31
    28 Apr 20261.71%0.64%0.08
    27 Apr 20261.78%0.72%0.02
    26 Apr 20261.80%0.74%0.02
    23 Apr 20261.82%0.76%0.23
    20 Apr 20262.06%0.99%0.12
    15 Apr 20261.93%0.87%0.19
    14 Apr 20261.74%0.68%0.01
    13 Apr 20261.75%0.69%0.01
    9 Apr 20261.76%0.70%0.04
    16 Mar 20261.72%0.66%0.03
    15 Mar 20261.73%0.69%0.01
    1 Feb 20261.72%0.68%0.02
    15 Jan 20261.71%0.66%0.01
    31 Dec 20251.70%0.65%0.01
    30 Dec 20251.71%0.66%0.01
    28 Nov 20251.71%0.65%0.02
    15 Oct 20251.70%0.63%0.01
    11 Sept 20251.71%0.64%0.01
    8 Aug 20251.72%0.65%0.02
    24 Jul 20251.70%0.63%0.02
    30 Jun 20251.72%0.65%0.02
    11 Jun 20251.72%0.67%0.01
    30 May 20251.71%0.66%0.01
    23 Apr 20251.72%0.67%0.01
    17 Apr 20251.73%0.68%0.02
    4 Mar 20251.75%0.70%0.01
    14 Jan 20251.76%0.71%0.01
    10 Jan 20251.76%0.72%0.01
    16 Dec 20241.75%0.71%0.02
    26 Sept 20241.75%0.73%0.06
    27 Aug 20241.74%0.67%0.01
    21 Aug 20241.75%0.68%–
    Direct plan, 1 Oct 2026
    0.78%
    Regular plan 1.83% · Exit load 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
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(6 Oct 2026)

    Objective

    The primary investment objective of the Scheme is to seek to generate long term capital appreciation and current income from a portfolio constituted predominantly of equity and equity related securities as well as fixed income securities (debt and money market securities). There is no assurance that the investment objective of the scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended hybrid scheme investing predominantly in equity and equity related instruments
    Benchmark
    CRISIL Hybrid 35+65 - Aggressive Index

    Asset allocation it may hold% of NAV

    1. 1. Equity and equity related Instruments
      Allowed65–80%Holds73.3%
    2. 2. Debt instruments
      Allowed20–35%Holds26.7%
    3. 3. InvITs / ETCDs / Units of Mutual Fund (including Gold ETF & Silver ETF)
      Allowed0–15%

    Holds in Sept 2026.73.3% equity · 26.7% debt and cash

    How to invest(6 Oct 2026)

    Buying

    To start
    ₹100, then in multiples of ₹1
    To add
    ₹100, then in multiples of ₹1
    Systematic
    SIP Daily, Weekly, Monthly, Quarterly, Half-Yearly and Yearly SWP Weekly, Monthly, Quarterly, Half-Yearly and Yearly STP Daily, Weekly, Monthly, Quarterly, Half-Yearly and Yearly *Weekly Monday to Friday
    Dates
    Any date
    Minimum
    ₹100, then in multiples of ₹1
    Instalments
    SIP - 12, SWP & STP - 6

    Selling and switching

    To redeem
    ₹0.01 or 0.001 units
    Switch minimum
    ₹100 or 0.001 units
    Switch multiples
    ₹0.01 or 0.001 units

    Scheme details(6 Oct 2026)

    What it is

    Category
    Balanced Hybrid Fund/Aggressive Hybrid Fund
    Offer
    3 May 1999 to 14 May 1999
    Started
    27 May 1999
    Reopened
    31 May 1999
    Plans
    Regular Plan & Direct Plan Growth Income Distribution cum Capital Withdrawal option (IDCW) - Payout of Income Distribution cum Capital Withdrawal (IDCW) - Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) Default Option - Growth Option in case Growth Option or Income Distribution cum Capital Withdrawal (IDCW) Option is not indicated. - Payout sub-option in case Payout of IDCW Option or Reinvestment of IDCW Option is not indicated
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    Yes
    Custodian
    HSBC
    Auditor
    S.R. Batliboi & Co LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    DSPM/O/H/BHF/99/04/0004