DSP Equity Savings Fund vs Kotak Equity Savings Fund
DSP Equity Savings Fund and Kotak Equity Savings Fund are both Equity Savings funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +9.06% vs +10.11%, 5-year CAGR +8.01% vs +9.58%, volatility 3.99% vs 6.29%, maximum drawdown −18.89% vs −16.48%. Their portfolios overlap by -18.4% (38 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| DSP Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Fund house | DSP Mutual Fund | Kotak Mahindra Mutual Fund |
| Compared as | Equity Savings | Equity Savings |
| NAV | ₹25.6450 | ₹30.7172 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 30 Mar 2016 | 17 Oct 2014 |
| Track record | 10.6 yrs | 12.1 yrs |
| Fund size (AUM) | ₹2,066 Cr | ₹7,122 Cr |
| Securities held | 83 | 166 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| DSP Equity Savings | Kotak Equity Savings | |
|---|---|---|
| 1 month | +2.65% | +1.29% |
| 3 months | +1.26% | −0.39% |
| 6 months | +2.59% | +2.02% |
| 1 year | +3.55% | +3.69% |
| 3 years (CAGR) | +9.06% | +10.11% |
| 5 years (CAGR) | +8.01% | +9.58% |
| 7 years (CAGR) | +9.37% | +10.45% |
| 10 years (CAGR) | +8.83% | +9.97% |
| Since launch (CAGR) | +9.24% | +9.74% |
| SIP return (XIRR, 5 years) ⓘ | +7.97% | +9.20% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| DSP Equity Savings | Kotak Equity Savings | |
|---|---|---|
| 2026 (year to date) | +2.28% | +2.02% |
| 2025 | +7.13% | +9.12% |
| 2024 | +13.04% | +12.97% |
| 2023 | +13.17% | +16.89% |
| 2022 | +5.42% | +7.90% |
| 2021 | +14.50% | +12.17% |
Risk
| DSP Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Volatility (annualised) ⓘ | 3.99% | 6.29% |
| Downside volatility ⓘ | 2.43% | 4.47% |
| Sharpe ratio ⓘ | 0.64 | 0.57 |
| Sortino ratio ⓘ | 1.06 | 0.81 |
| Maximum drawdown ⓘ | −18.89% | −16.48% |
| Recovery from that fall | 7 months | 4 months |
| Current fall from peak | 0.00% | −0.53% |
| Rolling 1-year return: worst | −12.25% | −9.62% |
| Rolling 1-year return: median | +8.96% | +8.97% |
| Rolling 1-year return: best | +37.41% | +34.20% |
| Share of 1-year periods with a loss | 6.37% | 1.76% |
Against each fund's benchmark
| DSP Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Beta ⓘ | 0.24 | 0.41 |
| Alpha (Jensen's, annualised) ⓘ | +0.90% | +1.67% |
| R² ⓘ | 80.23 | 89.01 |
| Upside capture | 41.61% | 58.96% |
| Downside capture | 13.24% | 33.10% |
| Tracking error | 11.38% | 9.04% |
| Information ratio | -0.02 | 0.11 |
| Treynor ratio | 7.35 | 7.29 |
Portfolio
Asset mix
| DSP Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Equity | 49.33% | -14.94% |
| Debt | 25.46% | 15.45% |
| REITs / InvITs | 0.82% | 3.23% |
| Cash & equivalents | -28.37% | 2.66% |
| Mutual Fund Units | 0.00% | 12.04% |
Market-cap split (share of fund assets)
| DSP Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Large Cap | 37.35% | -24.16% |
| Mid Cap | 6.11% | 5.01% |
| Small Cap | 5.87% | 3.53% |
| Unclassified | 0.00% | 0.68% |
Concentration
| DSP Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Top 10 holdings | 22.46% | 21.56% |
| Effective number of stocks ⓘ | 92.7 | 67.1 |
| Securities held | 83 | 166 |
Portfolio overlap: -18.4%
38 companies are held by both funds; by weight, -18.4% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | DSP Equity Savings | Kotak Equity Savings |
|---|---|---|
| Hero MotoCorp Limited | 0.97% | 2.23% |
| Knowledge Realty Trust | 0.82% | 0.81% |
| HDFC Bank Limited | 1.58% | 0.47% |
| Government Securities | 1.65% | 0.41% |
| Brookfield India Real Estate Trust | 0.31% | 0.59% |
| LIC Housing Finance Limited | 0.08% | 0.96% |
| HDFC Life Insurance Company Limited | 1.37% | 0.00% |
| Alkem Laboratories Limited | 1.20% | 0.00% |
| GMR Airports Limited | 0.25% | 0.00% |
| Oil & Natural Gas Corporation Limited | 0.11% | 0.00% |
| Power Grid Corporation of India Limited | 0.19% | -0.01% |
| Tata Power Company Limited | 0.44% | -0.02% |
| TVS Motor Company Ltd. | 0.24% | -0.10% |
| Bank of Baroda | 0.99% | -0.11% |
| Cipla Limited | 0.14% | -0.15% |
Top 10 holdings
DSP Equity Savings
- Reliance Industries Limited3.10%
- Government Securities2.87%
- ICICI Bank Limited2.34%
- Vodafone Idea Limited2.28%
- HDFC Bank Limited2.23%
- 7.38% Government of India (20/06/2027)2.17%
- Bharti Airtel Limited2.04%
- Hindalco Industries Limited1.86%
- Kotak Mahindra Bank Limited1.79%
- Larsen & Toubro Limited1.78%
Kotak Equity Savings
- Kotak Liquid Direct Growth7.59%
- Radico Khaitan Limited2.37%
- Hero MotoCorp Limited2.23%
- Cube Highways Trust1.79%
- IndusInd Bank Limited1.42%
- Poonawalla Fincorp Limited1.39%
- Emmvee Photovoltaic Power Limited1.38%
- Indus Infra Trust1.33%
- NLC India Limited1.10%
- LIC Housing Finance Limited0.96%
Sector exposure
| DSP Equity Savings | Kotak Equity Savings | |
|---|---|---|
| Banks | 11.25% | -4.38% |
| CRISIL AAA | 10.97% | 5.55% |
| Sovereign | 10.27% | 0.41% |
| Mutual Fund | 0.00% | 8.77% |
| Telecom - Services | 4.98% | -6.85% |
| Insurance | 4.65% | -0.20% |
| Pharmaceuticals & Biotechnology | 4.27% | -1.05% |
| Petroleum Products | 3.73% | -1.45% |
| Automobiles | 3.34% | 1.03% |
| Consumer Durables | 3.14% | -0.08% |
| CRISIL A1+ | 0.79% | 2.77% |
| Finance | 0.08% | 2.23% |
| Beverages | 0.14% | 2.19% |
| Realty | 1.30% | 1.99% |
Questions people ask
What is the difference between DSP Equity Savings and Kotak Equity Savings returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +3.55% vs +3.69%; 3-year CAGR +9.06% vs +10.11%; 5-year CAGR +8.01% vs +9.58%; 10-year CAGR +8.83% vs +9.97%. Past returns do not indicate future returns.
How do DSP Equity Savings and Kotak Equity Savings compare on risk?
Volatility (36 monthly returns, annualised) 3.99% vs 6.29%; Sharpe ratio 0.64 vs 0.57; Sortino ratio 1.06 vs 0.81; maximum drawdown −18.89% vs −16.48%; beta 0.24 vs 0.41.
How much do DSP Equity Savings and Kotak Equity Savings overlap?
By weight, -18.4% of the two portfolios is invested in the same companies; 38 stocks are held by both, the largest shared positions being Hero MotoCorp Limited, Knowledge Realty Trust, HDFC Bank Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of DSP Equity Savings and Kotak Equity Savings?
DSP Equity Savings: large cap 37.4%, mid cap 6.1%, small cap 5.9%. Kotak Equity Savings: large cap -24.2%, mid cap 5.0%, small cap 3.5% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Kotak Equity Savings vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.