1M
6M
1Y
3Y
5Y
All
| NAV: 28 Sep 2021 | ₹10.15 |
| Min. SIP amount | NA |
| Rating | 3star |
| Fund size | ₹3,311.73 Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Debt Banking and PSU
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 5.3% | 9.0% | 7.7% | 8.8% |
| Category average | 4.4% | 8.4% | 7.7% | NA |
| Rank with in category | 15 | 10 | 12 | NA |
Understand termsinfo
Holdings (53)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
NTPC Ltd. | Energy | Debenture | 6.7% |
National Housing Bank | Financial | Debenture | 5.7% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 5.1% |
Hindustan Petroleum Corporation Ltd. | Energy | Debenture | 5.1% |
GOI | Sovereign | GOI Sec | 4.2% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 3.1% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 3.0% |
Indian Oil Corporation Ltd. | Energy | Debenture | 2.9% |
Power Finance Corporation Ltd. | Financial | Debenture | 2.9% |
REC Ltd. | Financial | Debenture | 2.8% |
See All
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2021 - Present
0.32%
31 Jul 2021 - 31 Aug 2021
0.32%
30 Jun 2021 - 31 Jul 2021
0.32%
31 May 2021 - 30 Jun 2021
0.32%
30 Apr 2021 - 31 May 2021
0.32%
31 Mar 2021 - 30 Apr 2021
0.33%
28 Feb 2021 - 31 Mar 2021
0.32%
31 Jan 2021 - 28 Feb 2021
0.32%
31 Dec 2020 - 31 Jan 2021
0.32%
30 Nov 2020 - 31 Dec 2020
0.32%
31 Oct 2020 - 30 Nov 2020
0.32%
30 Sep 2020 - 31 Oct 2020
0.30%
31 Aug 2020 - 30 Sep 2020
0.30%
31 Jul 2020 - 31 Aug 2020
0.30%
30 Jun 2020 - 31 Jul 2020
0.30%
31 May 2020 - 30 Jun 2020
0.29%
30 Apr 2020 - 31 May 2020
0.29%
31 Mar 2020 - 30 Apr 2020
0.25%
29 Feb 2020 - 31 Mar 2020
0.25%
31 Jan 2020 - 29 Feb 2020
0.25%
31 Dec 2019 - 31 Jan 2020
0.25%
30 Nov 2019 - 31 Dec 2019
0.25%
31 Oct 2019 - 30 Nov 2019
0.25%
30 Sep 2019 - 31 Oct 2019
0.24%
31 Aug 2019 - 30 Sep 2019
0.24%
31 Jul 2019 - 31 Aug 2019
0.24%
30 Jun 2019 - 31 Jul 2019
0.30%
31 May 2019 - 30 Jun 2019
0.29%
30 Apr 2019 - 31 May 2019
0.29%
31 Mar 2019 - 30 Apr 2019
0.30%
28 Feb 2019 - 31 Mar 2019
0.29%
31 Jan 2019 - 28 Feb 2019
0.09%
31 Dec 2018 - 31 Jan 2019
0.09%
30 Nov 2018 - 31 Dec 2018
0.09%
31 Oct 2018 - 30 Nov 2018
0.08%
30 Sep 2018 - 31 Oct 2018
0.24%
31 Aug 2018 - 30 Sep 2018
0.24%
31 Jul 2018 - 31 Aug 2018
0.24%
30 Jun 2018 - 31 Jul 2018
0.24%
31 May 2018 - 30 Jun 2018
0.24%
30 Apr 2018 - 31 May 2018
0.24%
31 Mar 2018 - 30 Apr 2018
0.24%
28 Feb 2018 - 31 Mar 2018
0.24%
31 Jan 2018 - 28 Feb 2018
0.24%
31 Dec 2017 - 31 Jan 2018
0.24%
30 Nov 2017 - 31 Dec 2017
0.24%
31 Oct 2017 - 30 Nov 2017
0.24%
Expense ratio, exit load and tax
Expense ratio: 0.32%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Understand termsinfo
Check past data
Minimum investment amounts
| Min. for 1st investment | NA |
| Min. for 2nd investment onwards | NA |
| Min. for SIP | NA |
Fund management
Vikram Chopra
Jul 2016 - Present
View details
Education
Mr. Chopra is B.Com (H) and MBA from Institute of Management.
Experience
Prior to joining DSP Mutual Fund he has worked with L&T Mutual Fund, IDBI Bank Ltd. and Axis Bank Ltd.
Also manages these schemes
Laukik Bagwe
Jul 2021 - Present
View details
Education
Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience
Prior to joining DSP Mutual Fund he has worked with Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
Also manages these schemes
Saurabh Bhatia
Feb 2018 - Present
View details
Education
Mr. Bhatia holds Post Graduation Diploma in Business Management, Finance.
Experience
Prior to joining DSP Mutual Fund, had worked with ICICI Bank, HSBC Global Asset Management.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #10 in India |
|---|---|
| Total AUM | 97,309.07 Cr |
| Date of Incorporation | 16 Dec 1996 |
|---|
DSP Banking & PSU Debt Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on
DSP Banking & PSU Debt Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Vikram Chopra, Saurabh Bhatia is the Current Fund Manager of DSP Banking & PSU Debt Fund Direct IDCW Daily fund. The fund currently has an Asset Under Management(AUM) of ₹97,309 Cr and the Latest NAV as of 28 Sep 2021 is ₹10.15.
The DSP Banking & PSU Debt Fund Direct IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 500.
...Read more
Investment Objective
The Scheme seeks to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities th
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.
...Read more
| Fund benchmark | NIFTY Banking and PSU Debt TRI |
|---|
Fund house contact details
Address
Mafatlal Centre, 10th Floor, Nariman Point Mumbai 400021
Phone
022 66578000
Launch Date
16 Dec 1996
E-mail
[email protected]Website
NA
DSP Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
www.camsonline.comCompare funds
DSP Banking & PSU Debt Fund Direct IDCW Daily
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