DSP Bond Direct Dividend+0.06%

2Groww
3.37%
1 Year Return
Debt
Medium Duration
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

DSP Bond Direct Dividend

RiskModerate
Min SIP Amount₹500
Expense Ratio0.33%
NAV10.84 (18 Oct 2019)
Fund Started31 Dec 2012
Fund Size243 Cr

Returns

1Y
3Y*
5Y*
Since inception*
DSP Bond Direct Dividend
3.4%
4.6%
7.4%
7.3%
Category Average
5.5%
6.0%
7.5%
-
Rank within category
13
13
10
-
*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
    30
    with 3.4% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec17.3%
    GOISovereignGOI Sec13.2%
    GOISovereignCGL10.9%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture9.2%
    National Thermal Power Corp. Ltd.EnergyNCD8.2%
    HDFC Bank Ltd.FinancialBonds7.3%
    State Bank of IndiaFinancialBonds7.0%
    REC Ltd.FinancialBonds6.9%
    KKR India Financial Services Pvt Ltd.FinancialDebenture5.1%
    East-North Interconnection Company Ltd.EngineeringDebenture4.0%
    See All

    Fund Managers

    addPankaj Sharma
    Education
    Mr. Sharma holds a Bachelor of Engineering degree in Computer Engineering and obtained his Post Graduate Diploma in Management (PGDM) from XLRI, Jamshedpur in 1993.
    Experience
    Mr. Sharma has more than 15 years of experience in the Banking and Finance sectors. Between June 2002 and May 2003, he was Head of Pre-Sales and Product Evangelist (Treasury Product) at Infosys Technologies. Prior to that, from April 1993 to April 2002, he served as Vice President (Risk Management) at Citibank, with assignments covering India, Singapore and the United States and joined DSP Investment Managers Pvt. Ltd. (previously called DSP Merrill Lynch Fund Managers) in June 2003 and is currently the head of Fixed Income.
    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 Bond Direct Dividend is a Debt Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Pankaj Sharma, Saurabh Bhatia is the Current Fund Manager of DSP Bond Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹243 Cr and the Latest NAV as of 18 Oct 2019 is ₹10.84.

    The DSP Bond Direct Dividend is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Exit load of 0.25% if redeemed within 6 months.

    Investment Objective

    Aims to generate attracitve returns consistent with prudent risk from a diversified portfolio substantially constituted of high quality debt securities.

    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
    Exit load of 0.25% if redeemed within 6 months
    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,
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