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DSP Banking & PSU Debt Fund

DSP Banking & PSU Debt Fund

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Benchmark: NIFTY Banking & PSU Debt Index info icon

23.79K people have invested in this fund

View performance details

Return:

This fund

18.00%

NIFTY Banking & PSU Debt Index

14.30%

CRISIL 10 Year Gilt Index

14.15%

Invested

Earning

This fund

18.00%

NIFTY Banking & PSU Debt Index

14.30%

CRISIL 10 Year Gilt Index

14.15%

team 23.79K people have invested in this fund as of

This is a Debt Income, Banking and PSU fund with NIFTY Banking & PSU Debt Index as its benchmark. The risk level for this fund is categorized as Low to Moderate Risk.

Total AUM

2,515.08 crores as of Sep 30, 2022

Age of Fund

9 years 21 days since Sep 14, 2013

Expense Ratio

0.57% as of Oct 04, 2022

Exit Load

Nil  

Ideal holding period

3 Years+

Rolling Returns

Bars show distribution of returns in given range for selected time period

View performance details

Things to know before you invest

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  1. This DSP Banking & PSU Debt securities of banks & public sector companies.
  2. It invests 100% in AAA rated corporate bonds & sovereign (government) bonds with a 1-4 year duration.
  1. Earn potentially stable & consistent investment income.
  2. High quality portfolio.
  3. A credible alternative to a single 3-year bank FD with better potential post tax returns.
  4. One can also think of this fund as a combination of 'FDs'.
  1. Consider this fund if you
    • Are a relatively new debt market investor.
    • Are willing & able to remain invested for at least 3 years.
    • Don't want to take a high level of credit or interest rate risk
  1. Banking & PSU Debt Fund carries Moderate Risk.
  2. Even though this is a debt scheme, losses may be possible under rare circumstances.

Fund managers:

Vikram Chopra

Vikram Chopra

Managing this fund since July 2016.
Managing this fund since July 2016.

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Laukik Bagwe

Laukik Bagwe

Managing this fund since July 2021.
Managing this fund since July 2021.

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Portfolio

Prescribed asset allocation: 80% - 100% Money market and debt securities issued by banks and public sector undertakings, public financial institutions and Municipal Bonds , 0% - 20% Government securities, Other debt and money market securities including instruments/securities issued by Non-bank financial companies (NBFCs)

Current Allocation as of Sep 30, 2022

Top holdings

No Data to display

Top Sectors

No Data to display

Top holdings

7.38% GOI 2027

14.24%

5.74% GOI 2026

10.58%

Hindustan Petroleum Corporation Limited**

6.01%

HDFC Bank Limited

5.89%

Indian Railway Finance Corporation Limited**

4.56%

Cash & cash equivalents

0.24%

Credit rating profile

CRISIL AAA

43.00%

SOV

27.70%

CRISIL A1+

12.60%

IND A1+

9.70%

ICRA AAA

3.20%

Instrument break-up

Bonds & NCDs

49.00%

Government Securities (Central/State)

27.80%

Money market instruments

22.40%

TREPS

0.80%


Indicators

Yield to Maturity

6.62 %

Modified Duration

1.61 Years

Portfolio Macaulay Duration

1.69 Years

Average Maturity

1.99 Years

Compare Performance

Performance highlights over last

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Cumulative returns on

Annual returns

Current value

Min CAGR:
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vs Benchmark

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  • Historical Returns (As per SEBI format)with investment of10,000

This fund NIFTY Banking & PSU Debt Index ^ CRISIL 10 Year Gilt In #
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

NIFTY Banking & PSU De

CRISIL 10 Year Gilt In

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Sep 14, 2013.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Standard Benchmark

Fund Details

Fund Details

Investment Objective

The investment objective of the Scheme is to seek 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.
There is no assurance that the investment objective of the Scheme will be realized.

Fund Type

Debt – Income
Banking and PSU Fund

An open ended debt scheme predominantly investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
A relatively high interest rate risk and relatively low credit risk.

Riskometer

Level of Risk in the fund

View details
Investors understand that their
principal will be at Low to Moderate Risk

Potential Risk Class Matrix : A-III

A-III is the potential risk class matrix of DSP Banking & PSU Debt Fund based on interest rate & credit risk.

Minimum Investment

Rs.  500 Lumpsum
Rs.  500 SIP– 12 instalments
Rs.  500 Minimum Additional Purchase

team 23.79K peoplehave invested in this fund as of