DSP Banking & PSU Debt Fund Direct Dividend Monthly-0.09%

2Groww
10.75%
1 Year Return
Debt
Banking & PSU
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

DSP Banking & PSU Debt Fund Direct Dividend Monthly

RiskModerate
Min SIP Amount₹500
Expense Ratio0.25%
NAV10.13 (06 Dec 2019)
Fund Started14 Sep 2013
Fund Size2,014 Cr

Returns

1Y
3Y*
5Y*
Since inception*
DSP Banking & PSU Debt Fund Direct Dividend Monthly
10.8%
7.2%
8.5%
9.1%
Category Average
10.4%
7.4%
8.1%
-
Rank within category
12
11
6
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 10.8% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    5. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    National Thermal Power Corp. Ltd.EnergyNCD6.4%
    Hindustan Petroleum Corpn. Ltd.EnergyDebenture6.3%
    Indian Railway Finance Corpn. Ltd.FinancialBonds/NCD4.3%
    Bharat Petroleum Corpn. Ltd.EnergyDebenture4.2%
    National Highways Authority of India Ltd.ServicesNCD4.1%
    Reliance Industries Ltd.EnergyDebenture4.0%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture3.8%
    Housing Development Finance Corpn. Ltd.FinancialDebenture3.8%
    Power Grid Corporation of India Ltd.EnergyBonds/NCD3.6%
    Power Finance Corpn. Ltd.FinancialNCD3.6%
    See All

    Fund Managers

    addVikram Chopra
    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.
    Funds Managed
    addSaurabh Bhatia
    Education
    Mr. Bhatia holds Post Graduation Diploma in Business Management, Finance.
    Experience
    Prior to joining DSPBR Mutual Fund, had worked with ICICI Bank, HSBC Global Asset Management.
    Funds Managed

    Other Details

    DSP Banking & PSU Debt Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 14 Sep 2013. Vikram Chopra, Saurabh Bhatia is the Current Fund Manager of DSP Banking & PSU Debt Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹2,014 Cr and the Latest NAV as of 06 Dec 2019 is ₹10.13.

    The DSP Banking & PSU Debt Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    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.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About DSP BlackRock Mutual Fund

    Address
    Mafatlal Centre, 10th Floor, Nariman Point Mumbai 400021
    Phone
    022 66578000
    Launch Date
    15 Dec 1996
    DSP Mutual Fund
    Asset Management Company
    Custodian
    Citibank NA
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
    Invest Now
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