Fund Details
DSP Bond Direct Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.39% |
| NAV | ₹11.20 (27 Nov 2020) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹368 Cr |
Returns
as per Historical Returns
Comparison
1. Lower expense ratio - 0.4%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 9.8% |
| ICICI Bank Ltd. | Financial | CD | 9.4% |
| Axis Bank Ltd. | Financial | CD | 9.4% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 8.7% |
| Reliance Industries Ltd. | Energy | CP | 8.1% |
| Power Finance Corpn. Ltd. | Financial | NCD | 7.4% |
| National Highways Authority of India Ltd. | Services | NCD | 7.4% |
| State Bank of India | Financial | NCD | 6.6% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 6.2% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 5.3% |
Fund Managers
DSP Bond Direct Dividend Monthly Details
DSP Bond Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 31 Dec 2012. Pankaj Sharma, Saurabh Bhatia is the Current Fund Manager of DSP Bond Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹368 Cr and the Latest NAV as of 27 Nov 2020 is ₹11.20.
The DSP Bond Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 500.
Investment Objective
The fund aims at reasonable and attractive return consistent with prudent risk from a portfolio of high quality debt instruments. The secondary objective is to generate capital appreciation.
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.
