DSP Aggressive Hybrid Fund
Aggressive HybridVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹340.76-0.87%1 day
- Return since launch
- 13.8%
- 52-week range
- ₹323.59 — ₹365.68
- AUM
- ₹11,759 Cr
DSP Aggressive Hybrid Fund is a Aggressive Hybrid hybrid fund from DSP Mutual Fund with ₹11,759 Cr under management, launched in 1999. Over three years it has returned 2.3% a year, against 10.1% for its category. The expense ratio is 1.84% and the SEBI riskometer reading is Very High.
Performance
DSP Aggressive Hybrid Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -3.3% against +1.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -5.4% | −7.3 pts | 1.9% | 0.1% |
| 2Y | -2.2% | −4.7 pts | 2.5% | 1.7% |
| 3Y | 2.3% | −7.8 pts | 10.1% | 4.1% |
| 5Y | 7.6% | −1.2 pts | 8.8% | 8.0% |
| 7Y | 10.0% | −1.6 pts | 11.6% | 10.1% |
| 10Y | 10.6% | −0.3 pts | 10.9% | 10.0% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.6% | +0.1 pts | -2.8% | -2.7% |
| 3M | -2.5% | −2.4 pts | -0.1% | -0.2% |
| 6M | 3.6% | −4.5 pts | 8.1% | 7.3% |
| 1Y | -3.3% | −5.2 pts | 1.9% | 1.1% |
| 2Y | -2.4% | −2.0 pts | -0.3% | -0.9% |
| 3Y | 8.5% | −1.6 pts | 10.1% | 9.1% |
| 5Y | 7.3% | −1.5 pts | 8.8% | 7.8% |
| 7Y | 11.5% | −1.3 pts | 12.8% | 10.9% |
| 10Y | 10.4% | −0.4 pts | 10.9% | 9.5% |
Since launch (3 May 1999): 13.8%
Calendar-year returns
Category average17.0%
24.2%
-2.7%
25.3%
17.5%
6.8%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.8% | 0.0 pts | 6.8% |
| 2024 | 17.5% | −0.9 pts | 18.4% |
| 2023 | 25.3% | +2.3 pts | 23.0% |
| 2022 | -2.7% | −6.4 pts | 3.7% |
| 2021 | 24.2% | −3.6 pts | 27.9% |
| 2020 | 17.0% | +1.2 pts | 15.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.84%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.46%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.35%
- Exit load
- Exit load of 1% if redeemed within 12 months
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Hybrid 35+65 Aggressive Index
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 1.11 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.38 | 0.68 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.53 | 0.90 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 11.06 | 12.92 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
DSP Aggressive Hybrid Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity70.9%
- Debt25.0%
- Other4.1%
Market cap split
- Large74.1%
- Mid14.8%
- Small11.1%
- P/E
- 18.85
- P/B
- 2.75
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 7.86% | ₹924 Cr | +8.43% | +8.93% | +7.17% |
| ICICI Bank Ltd. | Financial | 7.86% | ₹924 Cr | +5.94% | +5.27% | +4.79% |
| Mahindra & Mahindra Ltd. | Automobile | 3.78% | ₹444 Cr | +3.58% | +2.78% | +3.72% |
| Axis Bank Ltd. | Financial | 3.77% | ₹443 Cr | +3.81% | +3.68% | +3.04% |
| ITC Ltd. | Consumer Staples | 3.59% | ₹422 Cr | +4.12% | +3.60% | +2.60% |
| Cipla Ltd. | Healthcare | 3.17% | ₹372 Cr | +4.18% | +2.61% | +3.02% |
| Kotak Mahindra Bank Ltd. | Financial | 3.12% | ₹367 Cr | +3.90% | +3.27% | +2.99% |
| Others | Others | 3.00% | ₹355 Cr | +0.12% | +0.16% | -0.30% |
| NTPC Ltd. | Energy | 2.81% | ₹331 Cr | +1.09% | +2.23% | +2.76% |
| SBI Life Insurance Company Ltd. | Insurance | 2.62% | ₹308 Cr | +2.55% | +2.74% | +3.68% |
| DSP Short Term Fund Direct Plan-Growth | Unclassified | 2.32% | ₹273 Cr | +2.32% | +2.23% | +2.29% |
| State Bank of India | Financial | 2.18% | ₹257 Cr | +1.89% | +3.90% | +5.64% |
| Infosys Ltd. | Technology | 2.12% | ₹250 Cr | +2.22% | +2.88% | +2.50% |
| GOI | Sovereign | 1.98% | ₹233 Cr | +2.74% | +3.14% | +2.02% |
| Alkem Laboratories Ltd. | Healthcare | 1.82% | ₹214 Cr | +1.35% | +0.82% | +0.82% |
| Maruti Suzuki India Ltd. | Automobile | 1.81% | ₹212 Cr | +1.54% | +0.53% | — |
| Indus Towers Ltd. | Communication | 1.54% | ₹181 Cr | +1.13% | +1.12% | +1.23% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.46% | ₹172 Cr | +2.64% | +2.98% | — |
| Emami Ltd. | Consumer Staples | 1.45% | ₹170 Cr | +1.62% | +1.81% | +1.25% |
| Hero Motocorp Ltd. | Automobile | 1.44% | ₹170 Cr | — | — | — |
| HDFC Life Insurance Co Ltd. | Insurance | 1.43% | ₹168 Cr | +1.60% | +1.47% | — |
| Petronet LNG Ltd. | Energy | 1.28% | ₹150 Cr | +1.17% | +1.69% | +0.85% |
| Bharti Airtel Ltd. | Communication | 1.21% | ₹143 Cr | +1.25% | — | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 1.15% | ₹135 Cr | — | — | — |
| Prudent Corporate Advisory Services Ltd. | Financial | 1.10% | ₹129 Cr | +0.83% | +0.69% | +0.31% |
| company:20881 | Unclassified | 1.06% | ₹125 Cr | — | — | — |
| Coromandel International Ltd. | Chemicals | 1.05% | ₹123 Cr | +0.66% | — | — |
| Syngene International Ltd. | Healthcare | 1.05% | ₹124 Cr | +1.18% | +0.89% | +0.87% |
| company:5798 | Technology | 1.01% | ₹119 Cr | — | — | — |
| company:20045 | Construction | 1.00% | ₹117 Cr | — | — | — |
| Asian Paints Ltd. | Materials | 0.96% | ₹113 Cr | +0.99% | — | — |
| Rainbow Children's Medicare Ltd. | Healthcare | 0.93% | ₹109 Cr | +1.21% | +1.00% | +1.33% |
| Cohance Lifesciences Ltd. | Healthcare | 0.91% | ₹107 Cr | +1.05% | +0.73% | +1.08% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 0.90% | ₹106 Cr | +1.06% | +1.04% | +0.79% |
| APL Apollo Tubes Ltd. | Metals & Mining | 0.86% | ₹101 Cr | +0.72% | +0.85% | +0.65% |
| Canara HSBC Life Insurance Company Ltd. | Insurance | 0.86% | ₹101 Cr | +0.77% | +0.77% | — |
| company:9813 | Financial | 0.84% | ₹98.42 Cr | — | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 0.63% | ₹73.85 Cr | +0.28% | — | — |
| UNO Minda Ltd. | Automobile | 0.59% | ₹69.67 Cr | +0.52% | +0.54% | +0.84% |
| company:12042 | Construction | 0.58% | ₹67.71 Cr | — | — | — |
| Alembic Pharmaceuticals Ltd. | Healthcare | 0.57% | ₹66.75 Cr | +0.52% | +0.48% | +0.67% |
| Century Plyboards (India) Ltd. | Materials | 0.56% | ₹65.90 Cr | +0.58% | +0.75% | +0.80% |
| company:5765 | Insurance | 0.55% | ₹64.10 Cr | — | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 0.46% | ₹54.08 Cr | +0.46% | +0.44% | +0.23% |
| Indian Oil Corporation Ltd. | Energy | 0.45% | ₹52.47 Cr | +0.30% | — | — |
| Power Finance Corporation Ltd. | Financial | 0.45% | ₹53.02 Cr | +1.06% | +2.86% | +2.76% |
| Cyient Ltd. | Technology | 0.44% | ₹51.64 Cr | +0.65% | +0.63% | +0.82% |
| Bajaj Housing Finance Ltd. | Financial | 0.43% | ₹50.75 Cr | +0.47% | +0.45% | — |
| Canara Bank | Financial | 0.43% | ₹50.18 Cr | +0.47% | +0.45% | +0.45% |
| Mindspace Business Parks REIT | Construction | 0.42% | ₹49.86 Cr | +0.43% | +0.42% | — |
| PI Industries Ltd. | Chemicals | 0.37% | ₹43.94 Cr | +0.45% | +0.48% | +0.60% |
| Uttar Pradesh State | Others | 0.35% | ₹41.13 Cr | +0.65% | +0.21% | — |
| Ipca Laboratories Ltd. | Healthcare | 0.33% | ₹38.52 Cr | +0.94% | +1.19% | +1.13% |
| Telangana State | Financial | 0.32% | ₹38.16 Cr | +0.13% | +0.13% | +0.74% |
| Maharashtra State | Others | 0.29% | ₹33.75 Cr | +0.30% | +0.29% | +0.31% |
| Tata Motors Ltd. | Automobile | 0.29% | ₹34.05 Cr | +0.44% | +0.57% | — |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.28% | ₹32.72 Cr | +0.31% | — | — |
| Bharti Telecom Ltd. | Communication | 0.23% | ₹26.90 Cr | +0.88% | +0.40% | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.23% | ₹27.36 Cr | +0.23% | +0.22% | +0.25% |
| Madhya Pradesh State | Others | 0.21% | ₹25.04 Cr | +0.22% | +0.42% | — |
| Muthoot Finance Ltd. | Financial | 0.21% | ₹25.24 Cr | +0.23% | +0.22% | +0.22% |
| REC Ltd. | Financial | 0.21% | ₹25.20 Cr | +0.21% | +0.44% | +0.23% |
| company:442 | Financial | 0.21% | ₹24.34 Cr | +0.85% | +0.20% | — |
| Indian Bank | Financial | 0.20% | ₹23.65 Cr | — | — | — |
| SIP Technologies & Exports Ltd. | Technology | 0.00% | ₹0.00 Cr | 0.00% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.21% | -1.18% | -1.39% |
| company:20881 | 0.00% | 1.06% | +1.06% |
| company:5798 | 0.00% | 1.01% | +1.01% |
| company:20045 | 0.00% | 1.00% | +1.00% |
| company:9813 | 0.00% | 0.84% | +0.84% |
| Kotak Mahindra Bank Ltd. | 3.84% | 3.12% | -0.72% |
| Bharti Telecom Ltd. | 0.87% | 0.23% | -0.64% |
| Gujarat State | 0.63% | 0.00% | -0.63% |
| company:12042 | 0.00% | 0.58% | +0.58% |
| Uttar Pradesh State | 0.91% | 0.35% | -0.56% |
| company:5765 | 0.00% | 0.55% | +0.55% |
| Oil And Natural Gas Corporation Ltd. | 0.78% | 1.15% | +0.37% |
| HDFC Bank Ltd. | 8.21% | 7.86% | -0.35% |
| ITC Ltd. | 3.91% | 3.59% | -0.32% |
| State Bank of India | 1.25% | 1.55% | +0.30% |
| Power Finance Corporation Ltd. | 0.51% | 0.23% | -0.28% |
| Axis Bank Ltd. | 3.53% | 3.77% | +0.24% |
| Indus Towers Ltd. | 1.32% | 1.54% | +0.22% |
| company:442 | 0.00% | 0.21% | +0.21% |
| Tata Motors Ltd. | 0.49% | 0.29% | -0.20% |
| ICICI Bank Ltd. | 7.67% | 7.86% | +0.19% |
| Telangana State | 0.13% | 0.32% | +0.19% |
| SBI Life Insurance Company Ltd. | 2.80% | 2.62% | -0.18% |
| APL Apollo Tubes Ltd. | 0.69% | 0.86% | +0.17% |
| Haryana State | 0.17% | 0.00% | -0.17% |
| Alkem Laboratories Ltd. | 1.67% | 1.82% | +0.15% |
| NTPC Ltd. | 2.95% | 2.81% | -0.14% |
| Ipca Laboratories Ltd. | 0.47% | 0.33% | -0.14% |
| Prudent Corporate Advisory Services Ltd. | 0.97% | 1.10% | +0.13% |
| Cyient Ltd. | 0.31% | 0.44% | +0.13% |
| Emami Ltd. | 1.57% | 1.45% | -0.12% |
| Bharti Airtel Ltd. | 1.31% | 1.21% | -0.10% |
| Cipla Ltd. | 3.27% | 3.17% | -0.10% |
| Petronet LNG Ltd. | 1.18% | 1.28% | +0.10% |
| Mahindra & Mahindra Ltd. | 3.87% | 3.78% | -0.09% |
| Cohance Lifesciences Ltd. | 1.00% | 0.91% | -0.09% |
| Coromandel International Ltd. | 1.13% | 1.05% | -0.08% |
| Maharashtra State | 0.22% | 0.29% | +0.07% |
| Maruti Suzuki India Ltd. | 1.88% | 1.81% | -0.07% |
| PI Industries Ltd. | 0.43% | 0.37% | -0.06% |
| Canara HSBC Life Insurance Company Ltd. | 0.80% | 0.86% | +0.06% |
| Rainbow Children's Medicare Ltd. | 0.99% | 0.93% | -0.06% |
| Syngene International Ltd. | 1.00% | 1.05% | +0.05% |
| UNO Minda Ltd. | 0.54% | 0.59% | +0.05% |
| Infosys Ltd. | 2.09% | 2.12% | +0.03% |
| GOI | 1.34% | 1.37% | +0.03% |
| Hero Motocorp Ltd. | 1.41% | 1.44% | +0.03% |
| ICICI Lombard General Insurance Company Ltd. | 0.93% | 0.90% | -0.03% |
| Alembic Pharmaceuticals Ltd. | 0.54% | 0.57% | +0.03% |
| Century Plyboards (India) Ltd. | 0.59% | 0.56% | -0.03% |
| Asian Paints Ltd. | 0.98% | 0.96% | -0.02% |
| Bharat Petroleum Corporation Ltd. | 0.61% | 0.63% | +0.02% |
| Canara Bank | 0.45% | 0.43% | -0.02% |
| DSP Short Term Fund Direct Plan-Growth | 2.30% | 2.32% | +0.02% |
| Torrent Pharmaceuticals Ltd. | 1.31% | 1.33% | +0.02% |
| Bajaj Housing Finance Ltd. | 0.42% | 0.43% | +0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 0.45% | 0.46% | +0.01% |
| Indian Oil Corporation Ltd. | 0.44% | 0.45% | +0.01% |
| Madhya Pradesh State | 0.22% | 0.21% | -0.01% |
| Hindustan Petroleum Corporation Ltd. | 0.29% | 0.28% | -0.01% |
| HDFC Life Insurance Co Ltd. | 1.43% | 1.43% | 0.00% |
| Indian Bank | 0.20% | 0.20% | 0.00% |
| Indian Railway Finance Corporation Ltd. | 0.23% | 0.23% | 0.00% |
| Mindspace Business Parks REIT | 0.42% | 0.42% | 0.00% |
| Muthoot Finance Ltd. | 0.21% | 0.21% | 0.00% |
| REC Ltd. | 0.21% | 0.21% | 0.00% |
| SIP Technologies & Exports Ltd. | 0.00% | 0.00% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹14,483 Cr | 1.91% | 5.9% | 8.1% | 12.2% |
 ICICI Prudential Aggressive Hybrid Fund | ₹52,454 Cr | 1.60% | -1.8% | 5.8% | 11.7% |
| ICICI Prudential Aggressive Hybrid Active FoF | ₹9,431 Cr | 1.50% | -1.3% | 5.5% | 11.1% |
 HSBC Aggressive Hybrid Fund | ₹5,870 Cr | 1.96% | 8.9% | 8.5% | 11.3% |
 Bandhan Aggressive Hybrid Fund | ₹2,610 Cr | 2.25% | 5.5% | 9.0% | 11.4% |
 Bank of India Aggressive Hybrid Fund | ₹2,051 Cr | 2.25% | 18.3% | 11.6% | 15.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long-term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed income securities (debt and money market securities).
Fund managers
- Abhishek SinghMr. Singh is a B-Tech, IIT Kanpur PGDM, IIM LucknowPrior to joining DSP Mutual Fund he has worked with EdelCap Securities Limited, Systematic Trading Division. Kotak Securities Limited, Proprietary Trading and Structured Products Division. Kotak Mahindra Investments Limited, Structured Products Division.
- Aniket PandePGDM Finance from ITM Business SchoolPrior to joining the DSP AMC, he was associated with ICICI Securities, Prabhudas Lilladher Private Limited, IDFC Securities and Elara Capital.
- Shantanu GodambeMr. Godambehas done B.Com, MS (Finance) and CFAPrior to joining DSP Mutual Fund, he has worked with Yes Bank, Prebon Yamane and ICAP India Private Limited
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.03% absolute | ₹60,000 | ₹61,218 | 2.03% | |
| 1 year−4.30% annualised | ₹1,20,000 | ₹1,17,241 | −2.30% | |
| 3 years8.56% annualised | ₹3,60,000 | ₹4,11,713 | 14.36% | |
| 5 years7.26% annualised | ₹6,00,000 | ₹7,25,128 | 20.85% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of DSP Aggressive Hybrid Fund?
The NAV of DSP Aggressive Hybrid Fund is ₹340.76 as on 24 Sep 2026.
What is the expense ratio of DSP Aggressive Hybrid Fund?
The expense ratio of DSP Aggressive Hybrid Fund is 1.84% per year.
What is the minimum SIP amount for DSP Aggressive Hybrid Fund?
You can start a SIP in DSP Aggressive Hybrid Fund with ₹3,000 a month.
What returns has DSP Aggressive Hybrid Fund given?
DSP Aggressive Hybrid Fund has returned -6.1% over 1 year, 2.3% over 3 years and 7.6% over 5 years (annualised).
Is there a lock-in or exit load on DSP Aggressive Hybrid Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 12 months.
How risky is DSP Aggressive Hybrid Fund?
DSP Aggressive Hybrid Fund is rated Very High on the SEBI riskometer and belongs to the Aggressive Hybrid category.
Which fund house manages DSP Aggressive Hybrid Fund?
DSP Aggressive Hybrid Fund is managed by DSP Mutual Fund, which runs 60 schemes with ₹2,33,296 Cr under management.