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Fincash » DSP BlackRock Focus Fund Vs SBI Focused Equity Fund

DSP BlackRock Focus Fund Vs SBI Focused Equity Fund

Updated on January 24, 2020 , 74 views

DSP BlackRock Focus Fund Vs SBI Focused Equity Fund, both the schemes are a part of the focused Equity Funds. Though these schemes belong to the same category, nevertheless; there are a number of differences between them. focused fund are known for their systematic approach in selecting stocks. These funds aim for higher returns by Investing in limited stocks. These funds invests in a limited number of stocks. These funds focus on large-cap, mid, small or multi cap stocks. So, let us understand the differences between DSP BlackRock Focus Fund and SBI Focused Equity Fund for a better investment decision.

DSP BlackRock Focus Fund (Erstwhile DSP BlackRock Focus 25 Fund)

DSP BlackRock Focus Fund (earlier known as DSP BlackRock Focus 25 Fund) is a part of DSP BlackRock Mutual Fund that was launched on June 10, 2010. The objective of DSP BlackRock Focus Fund is to attain long-term capital growth from a portfolio of equity and equity-related instruments of a maximum of 30 companies.

As on March 31, 2018, the top five holdings that were a part of DSP BlackRock Focus Fund’s portfolio were HDFC Bank Limited, Maruti Suzuki India Limited, Larsen & Toubro Limited, Reliance Industries Limited, and IndusInd Bank Limited.

Based on the Asset Allocation of the scheme, it invests around 65-100% of its fund money in equity instruments while the remaining in fixed income instruments. DSP BlackRock Focus Fund uses S&PP BSE 200 TRI as its benchmark index to construct its portfolio.

SBI Focused Equity Fund (Erstwhile SBI Emerging Businesses)

SBI Focused Equity Fund (earlier known as SBI Emerging Businesses) was launched in the year October 11, 2004. The aim of the scheme is to provide long-term capital appreciation by investing in a concentrated portfolio of equity and related securities of up to 30 companies. SBI Focused Equity Fund follows a bottom-up approach to stock-picking and invests in companies across market capitalization and sectors.

Some of the top holdings of the scheme as on 31/05/2018 are CCIL- Clearing Corporation of India Ltd (CBLO), HDFC Bank Ltd, Procter & Gamble Hygiene and Health Care Ltd, etc.

DSP BlackRock Focus Fund Vs SBI Focused Equity Fund

Both DSP BlackRock Focus Fund and SBI Focused Equity Fund differ on account of various parameters such as performance, NAV, AUM, and so on. These differences exist though both the schemes are a part of the same category. So, let’s understand the differences between these schemes with the help of four sections, namely, basics section, performance section, yearly performance section, and other details section.

Basics Section

Fincash Rating, scheme category, AUM, expense ratio and current NAV are some of the parameters that form part of this basics section. To begin with the scheme category, it can be said that both the schemes belong to the same category of focused-equity fund.

With respect to Fincash Rating, it can be said that DSP Blackrock's scheme is rated as 3-Star and SBI's scheme is rates as 2-Star.

The summary comparison of the basics section is tabulated as follows.

Parameters
BasicsNAV
Net Assets (Cr)
Launch Date
Rating
Category
Sub Cat.
Category Rank
Risk
Expense Ratio
Sharpe Ratio
Information Ratio
Alpha Ratio
Benchmark
Exit Load
DSP BlackRock Focus Fund
Growth
Fund Details
₹26.133 ↑ 0.16   (0.63 %)
₹2,051 on 31 Dec 19
10 Jun 10
Equity
Focused
27
Moderately High
2.17
0.97
-0.32
5.37
Not Available
0-12 Months (1%),12 Months and above(NIL)
SBI Focused Equity Fund
Growth
Fund Details
₹159.094 ↑ 1.08   (0.68 %)
₹6,924 on 31 Dec 19
11 Oct 04
Equity
Focused
32
Moderately High
2.41
0.9
0.5
6.28
Not Available
0-1 Years (1%),1 Years and above(NIL)

Performance Section

It is the second section in the comparison that analyses the difference in the Compounded Annual Growth Rate or CAGR returns between the scheme. These CAGR returns are compared at different time intervals such 3 Month Return, 3 Year Return, 5 Year Return, and Return since Inception. The comparison of performance section shows that in almost all the instances, SBI Focused Equity Fund has performed better as compared to DSP BlackRock Focus Fund. The table given below shows the summary comparison of the performance section.

Parameters
Performance1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Since launch
DSP BlackRock Focus Fund
Growth
Fund Details
1.5%
6.6%
17.2%
22.8%
11.3%
8.4%
10.5%
SBI Focused Equity Fund
Growth
Fund Details
3.9%
8.3%
13.9%
23%
17.4%
11.5%
19.7%

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Yearly Performance Section

The comparison of absolute returns generated by both the schemes for a particular year is done in the yearly performance section. With respect to absolute returns section, it can be said that for most years DSP BlackRock Focus Fund leads the race. The performance of the yearly performance section is as follows.

Parameters
Yearly Performance2019
2018
2017
2016
2015
DSP BlackRock Focus Fund
Growth
Fund Details
18%
-5.6%
29.2%
6.1%
2%
SBI Focused Equity Fund
Growth
Fund Details
16.1%
-3.8%
44.7%
2.2%
4.3%

Other Details Section

It is the last section in the comparison that includes comparable elements such as minimum SIP investment and minimum lump sum investment, and others. With respect to the minimum SIP, the amount for both the scheme is the same, i.e., INR 500. In case of a minimum lump sum, they differ in both the schemes. For DSP BlackRock Focus Fund it is INR 1,000 and for SBI Focused Equity Fund it is INR 5,000.

The table given below summarizes the comparison of the other details section.

Mr. Harrish Zaveri and Mr. Jay Kothari both jointly manage DSP BlackRock Focus Fund.

The fund is currently managed by R Srinivasan.

Parameters
Other DetailsMin SIP Investment
Min Investment
Fund Manager
DSP BlackRock Focus Fund
Growth
Fund Details
₹500
₹1,000
Gopal Agrawal - 1.08 Yr.
SBI Focused Equity Fund
Growth
Fund Details
₹500
₹5,000
R. Srinivasan - 10.51 Yr.

Growth of 10k Investments over the years

Growth of 10,000 investment over the years.
DSP BlackRock Focus Fund
Growth
Fund Details
DateValue
31 Dec 14₹10,000
31 Dec 15₹10,198
31 Dec 16₹10,825
31 Dec 17₹13,988
31 Dec 18₹13,210
31 Dec 19₹15,592
Growth of 10,000 investment over the years.
SBI Focused Equity Fund
Growth
Fund Details
DateValue
31 Dec 14₹10,000
31 Dec 15₹10,433
31 Dec 16₹10,665
31 Dec 17₹15,435
31 Dec 18₹14,847
31 Dec 19₹17,231

Detailed Portfolio Comparison

Asset Allocation
DSP BlackRock Focus Fund
Growth
Fund Details
Asset ClassValue
Cash1.54%
Equity98.46%
Equity Sector Allocation
SectorValue
Financial Services46.71%
Basic Materials13.51%
Industrials8.44%
Technology8.24%
Energy7.46%
Consumer Cyclical5.97%
Consumer Defensive3.74%
Health Care3.58%
Utility0.8%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK
11%₹217 Cr4,230,390
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 14 | HDFCBANK
10%₹212 Cr1,661,848
↓ -471,530
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
7%₹141 Cr345,564
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 17 | RELIANCE
6%₹129 Cr829,463
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 17 | LT
5%₹111 Cr835,005
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 19 | 532215
4%₹91 Cr1,230,735
↑ 970,850
Coromandel International Ltd (Basic Materials)
Equity, Since 31 Jan 17 | 506395
4%₹83 Cr1,752,923
Whirlpool of India Ltd (Technology)
Equity, Since 31 Oct 16 | 500238
4%₹81 Cr380,260
↓ -13,061
ITC Ltd (Consumer Defensive)
Equity, Since 31 May 16 | ITC
4%₹76 Cr3,085,132
Shree Cement Ltd (Basic Materials)
Equity, Since 31 Dec 13 | 500387
3%₹71 Cr33,746
Asset Allocation
SBI Focused Equity Fund
Growth
Fund Details
Asset ClassValue
Cash8.63%
Equity91.37%
Equity Sector Allocation
SectorValue
Financial Services38.3%
Consumer Defensive12.41%
Communication Services10%
Industrials9.07%
Consumer Cyclical7.16%
Utility5.29%
Health Care5.1%
Basic Materials4%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 13 | HDFCBANK
9%₹599 Cr4,700,000
Treps
CBLO/Reverse Repo | -
8%₹513 Cr
State Bank of India (Financial Services)
Equity, Since 28 Feb 18 | SBIN
8%₹513 Cr15,002,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 28 Feb 18 | 500034
7%₹461 Cr1,130,722
↑ 400,000
Procter & Gamble Hygiene and Health Care Ltd (Consumer Defensive)
Equity, Since 30 Jun 13 | PGHH
6%₹422 Cr370,000
↑ 10,015
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 18 | BHARTIARTL
6%₹398 Cr9,000,000
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jul 19 | 532215
5%₹347 Cr4,700,000
↓ -1,200,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 12 | DIVISLAB
5%₹333 Cr1,862,602
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jul 15 | KOTAKBANK
5%₹307 Cr1,900,000
ICICI Lombard General Insurance Co Ltd (Financial Services)
Equity, Since 30 Sep 19 | 540716
4%₹273 Cr2,000,000

Therefore, it can be said on the above-mentioned pointers that, there exist numerous differences between both the schemes. As a result, individuals should be careful while choosing any of the schemes for investment. They should have a complete understanding of the scheme and check whether it suits their investment objectives. If required, people can also consult a financial advisor for an opinion. This will help individuals to attain their objectives on time and in a hassle-free manner.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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