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DSP Banking & PSU Debt Fund Direct IDCW

Debt
Banking and PSU
Low to Moderate Risk
6.80%
3Y annualised
-0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jun 2022₹10.15
Min. SIP amount₹500
Rating3
Fund size₹2,566.76Cr

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.8%6.8%6.8%8.2%
Category average4.4%8.4%7.7%NA
Rank with in category141111NA
Understand terms

Holdings (35)

NameSectorInstrumentAssets
Bank Of Baroda
FinancialCD7.6%
Indian Bank
FinancialCD5.7%
National Housing BankFinancialDebenture5.3%
NTPC Ltd.EnergyDebenture4.8%
National Bank For Agriculture & Rural Development
FinancialDebenture3.8%
REC Ltd.FinancialDebenture3.8%
GOI
SovereignGOI Sec3.8%
HDFC Bank Ltd.
FinancialCD3.7%
Axis Bank Ltd.
FinancialCD3.7%
Axis Bank Ltd.
FinancialCD3.6%
See All

Pros and cons

Category: Debt Banking and PSU

Pros

Cons

Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 0.32%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

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 terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

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

Fund house & investment objective

Fund house contact details

Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway,Andheri East Mumbai 400069
Phone
022-66178000
Launch Date
16 Dec 1996
E-mail
NA
Website
NA
Amc Image
DSP Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in DSP Banking & PSU Debt Fund Direct IDCW?

You can easily invest in DSP Banking & PSU Debt Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for DSP Banking & PSU Debt Fund Direct IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in DSP Banking & PSU Debt Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does DSP Banking & PSU Debt Fund Direct IDCW provide?

The DSP Banking & PSU Debt Fund Direct IDCW has been there from 14 Sep 2013 and the average annual returns provided by this fund is 2.79% since its inception.

How much expense ratio is charged by DSP Banking & PSU Debt Fund Direct IDCW?

The term Expense Ratio used for DSP Banking & PSU Debt Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of DSP Banking & PSU Debt Fund Direct IDCW is 0.32% as of 29 Jun 2022...

What is the AUM of DSP Banking & PSU Debt Fund Direct IDCW?

The AUM, short for Assets Under Management of DSP Banking & PSU Debt Fund Direct IDCW is ₹2,566.76Cr as of 29 Jun 2022.

How to Redeem DSP Banking & PSU Debt Fund Direct IDCW?

If you want to sell your DSP Banking & PSU Debt Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of DSP Banking & PSU Debt Fund Direct IDCW?

You can select either SIP or Lumpsum investment of DSP Banking & PSU Debt Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of DSP Banking & PSU Debt Fund Direct IDCW?

The NAV of DSP Banking & PSU Debt Fund Direct IDCW is ₹10.15 as of 28 Jun 2022.

What is the PE and PB ratio of DSP Banking & PSU Debt Fund Direct IDCW?

The PE ratio ratio of DSP Banking & PSU Debt Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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