Overview
DSP Banking & PSU Debt Fund Direct Growth
DSP Mutual Fund
The Scheme seeks to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings.
Investments in DSP Banking & PSU Debt Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 24.7601
Fund Size (AUM)
₹3408.7 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
14-Sep-2013
Expense Ratio
0.33%
Exit Load
Nil
Benchmark
Nifty Banking & PSU Debt Index A-II
Standard Deviation
1.43
History
Performance & Ratios
1-Year SIP Return
6.94%
3-Year SIP Return
7.42%
5-Year SIP Return
6.46%
Mean Return
7.26%
Alpha
5.96
Beta
2.58
Sharpe Ratio
0.42
Sortino Ratio
0.7
Information Ratio
2.25
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 10.28% | 7.48% | 6.77% | 8.99% |
| Category Average | 9.28% | 6.98% | 6.39% | N/A |
| Rank Within Category | 3 | 8 | 8 | N/A |
Holdings (53)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 8.78% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 3.83% |
| Power Grid Corporation Of India Ltd. | Energy | Debenture | 3.26% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 3.19% |
| GOI | Sovereign | GOI Sec | 3.18% |
| Indian Railway Finance Corporation Ltd. | Financial | Debenture | 3.17% |
| State Bank of India | Financial | Debenture | 3.13% |
| GAIL (India) Ltd. | Energy | Debenture | 3.01% |
| GOI | Sovereign | CGL | 2.93% |
| HDFC Bank Ltd. | Financial | CD | 2.76% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| ICICI Prudential Banking & PSU Debt Direct Growth | 10368.32 | 9.58 | 7.84 | 0.39 | N/A |
| HDFC Banking and PSU Debt Fund Direct Growth | 5995.94 | 9.85 | 7.46 | 0.39 | N/A |
| Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 8588.22 | 9.85 | 7.42 | 0.39 | N/A |
| Bandhan Banking & PSU Debt Fund Direct Growth | 13396.58 | 9.3 | 7.11 | 0.33 | N/A |
| Axis Banking & PSU Debt Direct Plan Growth | 12961.49 | 9.27 | 7.08 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
DSP Mutual Fund
DSP BlackRock Mutual Fund started their mutual fund on 16/12/1996 and its managing total assets of ₹78,763 Cr. Its ranked at 9 as per total assets at end of 30th Sep 2017. DSP Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
DSP group is a financial firm with a legacy of 152 years. It has a been in the asset management avenue for over 20 years now and the group is headed by Mr.Hemendra Kothari.
DSP Investment Managers Pvt. Ltd. is the Asset management Company and DSP Trustee Pvt. Ltd, acts as the trustee of the AMC. The company believes that by using adequate investment strategies, it is relatively easy to be successful in the financial market. It provides a wide range of mutual fund scheme ranging from equity, debt, tax and hybrid. The AMC has always managed to keep the returns consistent and they have a brilliant investor base as well.
The AMC believes in taking measured risks, which ultimately results in understanding the market conditions better and makes the best use of the investment opportunity. With a robust variety of products and consistent performance, DSP mutual fund has made a name for itself in the mutual fund industry.
Launch Date
1996-12-16T00:00:00.794Z
Total AUM
₹ 182266.77 Cr
Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway, Andheri East Mumbai 400069
Phone
1800-208-4499 / 1800-200-4499
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
DSP Banking & PSU Debt Fund Direct Growth
DSP Mutual Fund
You May Be Interested In
HDFC Overnight Fund Direct Growth
Overnight
ICICI Prudential Credit Risk Fund Direct Plan Growth
Credit Risk
DSP Strategic Bond Direct Plan Growth
Dynamic Bond
Aditya Birla Sun Life Government Securities Fund Direct Plan Growth
Gilt
ICICI Prudential Floating Interest Fund Direct Plan Growth
Floater
JM Overnight Fund Direct Growth
Overnight
LIC MF Ultra Short Duration Fund Direct Growth
Ultra Short Duration
Aditya Birla Sun Life Savings Direct Growth
Ultra Short Duration
UTI Banking & PSU Fund Direct Growth
Banking and PSU
HDFC Overnight Fund Direct Growth
Overnight
Explore More Mutual Funds
Equity Mutual Funds - Top Equity Fund Picks
Explore top equity mutual funds to diversify your portfolio. Filter by NAV, fund size, and more to find the best equity funds.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for DSP Banking & PSU Debt Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of DSP Banking & PSU Debt Fund Direct Growth?
The top stocks held by DSP Banking & PSU Debt Fund Direct Growth include GOI, Small Industries Devp. Bank of India Ltd., Power Grid Corporation Of India Ltd..
Which industries does DSP Banking & PSU Debt Fund Direct Growth invest in?
DSP Banking & PSU Debt Fund Direct Growth primarily invests in the following industries: Sovereign, Financial, Energy.
Who are the fund managers of DSP Banking & PSU Debt Fund Direct Growth?
The fund managers of DSP Banking & PSU Debt Fund Direct Growth are Sandeep Yadav and Shantanu Godambe.
How many years has the fund manager been managing DSP Banking & PSU Debt Fund Direct Growth?
Sandeep Yadav:
Calculating...
Shantanu Godambe:
Calculating...
What is the minimum investment for DSP Banking & PSU Debt Fund Direct Growth?
The minimum investment for DSP Banking & PSU Debt Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for DSP Banking & PSU Debt Fund Direct Growth?
Calculating...
What are the average 3-year returns for DSP Banking & PSU Debt Fund Direct Growth?
Calculating...
What is the expense ratio of DSP Banking & PSU Debt Fund Direct Growth, and how does it compare to its category?
The expense ratio of DSP Banking & PSU Debt Fund Direct Growth is 0.33%. The average expense ratio for similar funds in the Debt is Calculating....