Fincash » DSP BlackRock Focus Fund Vs SBI Focused Equity Fund
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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 (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 (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.
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.
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 Basics NAV 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 ₹37.891 ↑ 0.17 (0.45 %) ₹1,975 on 31 Jul 23 10 Jun 10 ☆☆☆ Equity Focused 27 Moderately High 2.15 0.85 -0.89 1.62 Not Available 0-12 Months (1%),12 Months and above(NIL) SBI Focused Equity Fund
Growth
Fund Details ₹255.322 ↑ 0.88 (0.35 %) ₹29,921 on 31 Jul 23 11 Oct 04 ☆☆ Equity Focused 32 Moderately High 1.65 0.87 -0.33 1.18 Not Available 0-1 Years (1%),1 Years and above(NIL)
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 Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch DSP BlackRock Focus Fund
Growth
Fund Details 2.2% 11.7% 16% 13.9% 17.4% 9.5% 10.6% SBI Focused Equity Fund
Growth
Fund Details -0.7% 8.9% 15.8% 9.7% 19.8% 12.9% 18.6%
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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 Performance 2022 2021 2020 2019 2018 DSP BlackRock Focus Fund
Growth
Fund Details -4.5% 22.3% 9% 18% -5.6% SBI Focused Equity Fund
Growth
Fund Details -8.5% 43% 14.5% 16.1% -3.8%
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 Details Min SIP Investment Min Investment Fund Manager DSP BlackRock Focus Fund
Growth
Fund Details ₹500 ₹1,000 Vinit Sambre - 3.25 Yr. SBI Focused Equity Fund
Growth
Fund Details ₹500 ₹5,000 R. Srinivasan - 14.34 Yr.
DSP BlackRock Focus Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,232 31 Aug 20 ₹9,581 31 Aug 21 ₹14,504 31 Aug 22 ₹14,112 31 Aug 23 ₹15,968 SBI Focused Equity Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Aug 18 ₹10,000 31 Aug 19 ₹9,573 31 Aug 20 ₹10,560 31 Aug 21 ₹16,392 31 Aug 22 ₹16,417 31 Aug 23 ₹18,266
DSP BlackRock Focus Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 4.08% Equity 95.92% Equity Sector Allocation
Sector Value Financial Services 35.9% Health Care 11.34% Basic Materials 11.08% Consumer Cyclical 10.97% Technology 10.23% Industrials 6.95% Consumer Defensive 4.02% Real Estate 3.27% Utility 2.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bajaj Finance Ltd (Financial Services)
Equity, Since 31 May 22 | 5000347% ₹137 Cr 190,845 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK5% ₹108 Cr 1,129,618 Infosys Ltd (Technology)
Equity, Since 31 Oct 19 | INFY5% ₹91 Cr 632,888
↓ -69,203 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 23 | HDFCBANK5% ₹90 Cr 571,005 Emami Ltd (Consumer Defensive)
Equity, Since 31 Jan 20 | 5311624% ₹80 Cr 1,515,715 Ipca Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 21 | 5244944% ₹78 Cr 890,473 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 31 Aug 21 | CHOLAFIN4% ₹75 Cr 666,811 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | TATAMOTORS4% ₹74 Cr 1,239,019 Cipla Ltd (Healthcare)
Equity, Since 30 Jun 20 | 5000874% ₹74 Cr 589,734
↓ -79,629 Alkem Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 22 | ALKEM4% ₹72 Cr 198,150 SBI Focused Equity Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 8.7% Equity 91.3% Equity Sector Allocation
Sector Value Financial Services 40.63% Communication Services 16.19% Consumer Defensive 10.18% Consumer Cyclical 8.66% Health Care 7.17% Basic Materials 4.26% Industrials 2.13% Utility 2.09% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 13 | HDFCBANK9% ₹2,550 Cr 16,228,000 Alphabet Inc Class A (Communication Services)
Equity, Since 30 Sep 18 | GOOGL8% ₹2,252 Cr 2,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 21 | ICICIBANK7% ₹2,205 Cr 23,000,000 Muthoot Finance Ltd (Financial Services)
Equity, Since 29 Feb 20 | 5333987% ₹1,928 Cr 15,300,000 Procter & Gamble Hygiene and Health Care Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 30 Jun 13 | PGHH6% ₹1,664 Cr 1,043,079 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 18 | BHARTIARTL6% ₹1,627 Cr 19,000,000 State Bank of India (Financial Services)
Equity, Since 30 Sep 21 | SBIN5% ₹1,516 Cr 27,000,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 28 Feb 18 | 5000345% ₹1,504 Cr 2,100,000 Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 12 | DIVISLAB5% ₹1,471 Cr 4,095,143 Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Jul 16 | SOLARINDS4% ₹1,113 Cr 2,300,000
↓ -400,000
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.
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