Name: DSP Bond Direct IDCW Monthly
Brand: DSP Mutual Fund
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DSP Bond Direct IDCW Monthly
Debt
Medium Duration
Moderate Risk
5.68%
1Y return
+0.10% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 21 Sep 2021₹11.19
Min. SIP amountNA
Rating3star
Fund size₹433.49 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Medium Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.7%6.2%6.0%7.4%
Category average6.2%5.4%6.5%NA
Rank with in category1599NA
Understand termsinfo
Holdings (18)NameSectorInstrumentAssets
GOI
SovereignGOI Sec9.8%
Axis Bank Ltd.
FinancialCD7.9%
Small Industries Devp. Bank of India Ltd.
FinancialCP7.9%
National Highways Authority of India Ltd.
ServicesNCD6.5%
Power Finance Corporation Ltd.
FinancialNCD6.1%
LIC Housing Finance Ltd.
FinancialNCD6.1%
Bajaj Finance Ltd.
FinancialBonds/NCD6.0%
REC Ltd.
FinancialDebenture6.0%
GOI
SovereignGOI Sec5.9%
National Bank For Agriculture & Rural Development
FinancialDebenture5.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Debt Medium Duration
thumb_up_altPros
Lower expense ratio - 0.41%
3Y Returns are higher than the category average returns
Exit load is zero
thumb_down_altCons
Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
1Y Returns are lower than the category average returns
5Y Returns are lower than the category average returns
Understand termsExpense ratioA 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.
TaxA 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 loadA 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 dutyA 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
0.41%
31 Jul 2021 - 31 Aug 2021
0.37%
30 Jun 2021 - 31 Jul 2021
0.38%
31 May 2021 - 30 Jun 2021
0.38%
30 Apr 2021 - 31 May 2021
0.38%
31 Mar 2021 - 30 Apr 2021
0.37%
28 Feb 2021 - 31 Mar 2021
0.40%
31 Jan 2021 - 28 Feb 2021
0.40%
31 Dec 2020 - 31 Jan 2021
0.40%
30 Nov 2020 - 31 Dec 2020
0.39%
31 Oct 2020 - 30 Nov 2020
0.39%
30 Sep 2020 - 31 Oct 2020
0.39%
31 Aug 2020 - 30 Sep 2020
0.38%
31 Jul 2020 - 31 Aug 2020
0.40%
30 Jun 2020 - 31 Jul 2020
0.40%
31 May 2020 - 30 Jun 2020
0.40%
30 Apr 2020 - 31 May 2020
0.40%
31 Mar 2020 - 30 Apr 2020
0.40%
29 Feb 2020 - 31 Mar 2020
0.40%
31 Jan 2020 - 29 Feb 2020
0.33%
31 Dec 2019 - 31 Jan 2020
0.33%
30 Nov 2019 - 31 Dec 2019
0.33%
31 Oct 2019 - 30 Nov 2019
0.33%
30 Sep 2019 - 31 Oct 2019
0.33%
31 Aug 2019 - 30 Sep 2019
0.33%
31 Jul 2019 - 31 Aug 2019
0.33%
30 Jun 2019 - 31 Jul 2019
0.33%
31 May 2019 - 30 Jun 2019
0.33%
30 Apr 2019 - 31 May 2019
0.33%
31 Mar 2019 - 30 Apr 2019
0.32%
28 Feb 2019 - 31 Mar 2019
0.33%
31 Jan 2019 - 28 Feb 2019
0.33%
31 Dec 2018 - 31 Jan 2019
0.33%
30 Nov 2018 - 31 Dec 2018
0.33%
31 Oct 2018 - 30 Nov 2018
0.33%
30 Sep 2018 - 31 Oct 2018
0.40%
31 Aug 2018 - 30 Sep 2018
0.40%
31 Jul 2018 - 31 Aug 2018
0.40%
30 Jun 2018 - 31 Jul 2018
0.40%
31 May 2018 - 30 Jun 2018
0.40%
30 Apr 2018 - 31 May 2018
0.40%
31 Mar 2018 - 30 Apr 2018
0.41%
28 Feb 2018 - 31 Mar 2018
0.40%
31 Jan 2018 - 28 Feb 2018
0.40%
31 Dec 2017 - 31 Jan 2018
0.40%
30 Nov 2017 - 31 Dec 2017
0.40%
31 Oct 2017 - 30 Nov 2017
0.40%
Expense ratio, exit load and taxExpense ratio: 0.41%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA
Fund managementVivekanand Ramakrishnan
Jul 2021 - Present
View details
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Education
Mr. Ramakrishnan is a B.Tech from IIT Madras, MS and PHD from University of Southern California.
Experience
Prior to joining DSP Investment Managers. He has worked with ICICI Prudential Mutual Fund, Standard Chartered Bank, Vikram Ispat as Marketing Executive and with CRISIL as manager-rating.
Also manages these schemes
DSP Bond Retail IDCW Quarterly
DSP Bond Retail Growth
DSP Bond Retail IDCW Monthly
DSP Credit Risk Fund Growth
DSP Credit Risk Fund IDCW Weekly
DSP Credit Risk Fund IDCW
DSP Credit Risk Fund IDCW Daily
DSP Credit Risk Fund IDCW Monthly
DSP Bond Direct IDCW Monthly
DSP Bond Direct IDCW
DSP Bond Direct Growth
DSP Credit Risk Direct Plan Growth
DSP Credit Risk Direct Plan IDCW
DSP Credit Risk Direct Plan IDCW Monthly
DSP Credit Risk Direct Plan IDCW Quarterly
DSP Credit Risk Direct Plan IDCW Weekly
DSP Credit Risk Direct Plan IDCW Daily
DSP Corporate Bond Fund Regular Growth
DSP Corporate Bond Fund Regular IDCW Monthly
DSP Corporate Bond Fund Direct Growth
DSP Corporate Bond Fund Direct IDCW
DSP Corporate Bond Fund Direct IDCW Quarterly
DSP Corporate Bond Fund Direct IDCW Monthly
Pankaj Sharma
Jul 2016 - Present
View details
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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.
Also manages these schemes
DSP Bond Retail IDCW Quarterly
DSP Bond Retail Growth
DSP Bond Retail IDCW Monthly
DSP Credit Risk Fund Growth
DSP Credit Risk Fund IDCW Weekly
DSP Credit Risk Fund IDCW
DSP Credit Risk Fund IDCW Daily
DSP Credit Risk Fund IDCW Monthly
DSP Bond Direct IDCW Monthly
DSP Bond Direct IDCW
DSP Bond Direct Growth
DSP Credit Risk Direct Plan Growth
DSP Credit Risk Direct Plan IDCW
DSP Credit Risk Direct Plan IDCW Monthly
DSP Credit Risk Direct Plan IDCW Quarterly
DSP Credit Risk Direct Plan IDCW Weekly
DSP Credit Risk Direct Plan IDCW Daily
DSP Dual Advantage Fund Series 39 36 Months Regular Growth
DSP Dual Advantage Fund Series 39 36 Months Regular IDCW
DSP Dual Advantage Fund Series 39 36 Months Direct Growth
DSP Fixed Maturity Plan Series 192 36 Months Regular Growth
DSP Dual Advantage Fund Series 44 39 Months Regular Growth
DSP Dual Advantage Fund Series 44 39 Months Regular IDCW
DSP Dual Advantage Fund Series 45 38 Months Regular Growth
DSP Dual Advantage Fund Series 46 36 Months Regular Growth
DSP FMP Series 210 36M Direct IDCW Quarterly
DSP FMP Series 210 36M Regular Growth
DSP FMP Series 217 40M Direct Growth
DSP FMP Series 217 40M Direct IDCW Quarterly
DSP FMP Series 217 40M Regular Growth
DSP FMP Series 218 40M Regular Growth
DSP FMP Series 218 40M Direct IDCW Quarterly
DSP FMP Series 218 40M Direct Growth
DSP FMP Series 219 40M Regular Growth
DSP FMP Series 219 40M Regular IDCW
DSP FMP Series 220 40M Direct Growth
DSP FMP Series 221 40M Direct Growth
DSP FMP Series 223 39M Regular Growth
DSP FMP Series 223 39M Direct Growth
DSP FMP Series 227 39M Regular Growth
DSP FMP Series 227 39M Direct Growth
DSP FMP Series 233 36M Regular Growth
DSP FMP Series 236 36M Direct Growth
DSP FMP Series 237 36M Direct Growth
DSP FMP Series 238 36M Regular Growth
DSP FMP Series 239 36M Regular Growth
DSP FMP Series 239 36M Direct Growth
DSP FMP Series 241 36M Regular Growth
DSP FMP Series 241 36M Direct Growth
DSP FMP Series 242 3M Regular IDCW Quarterly
DSP FMP Series 243 36M Direct Growth
Saurabh Bhatia
Feb 2018 - Present
View details
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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
DSP Bond Retail IDCW Quarterly
DSP Bond Retail Growth
DSP Bond Retail IDCW Monthly
DSP Government Securities Fund Growth
DSP Government Securities Fund IDCW Half Yearly
DSP Government Securities Fund IDCW Monthly
DSP Short Term Fund IDCW Weekly
DSP Short Term Fund Growth
DSP Short Term Fund IDCW Quarterly
DSP Short Term Fund IDCW Monthly
DSP Credit Risk Fund Growth
DSP Credit Risk Fund IDCW Weekly
DSP Credit Risk Fund IDCW
DSP Credit Risk Fund IDCW Daily
DSP Strategic Bond Fund Regular IDCW Monthly
DSP Strategic Bond Fund Regular IDCW Quarterly
DSP Strategic Bond Fund Regular Growth
DSP Strategic Bond Fund Regular IDCW Weekly
DSP Credit Risk Fund IDCW Monthly
DSP Bond Direct IDCW Monthly
DSP Bond Direct IDCW
DSP Bond Direct Growth
DSP Credit Risk Direct Plan Growth
DSP Credit Risk Direct Plan IDCW
DSP Credit Risk Direct Plan IDCW Monthly
DSP Credit Risk Direct Plan IDCW Quarterly
DSP Credit Risk Direct Plan IDCW Weekly
DSP Credit Risk Direct Plan IDCW Daily
DSP Government Securities Direct Plan Growth
DSP Government Securities Direct Plan IDCW Monthly
DSP Government Securities Direct Plan IDCW Half Yearly
DSP Short Term Direct Plan IDCW Quarterly
DSP Short Term Direct Plan IDCW Weekly
DSP Short Term Direct Plan IDCW Monthly
DSP Short Term Direct Plan Growth
DSP Strategic Bond Direct Plan IDCW Monthly
DSP Strategic Bond Direct Plan IDCW Weekly
DSP Strategic Bond Direct Plan IDCW Quarterly
DSP Strategic Bond Direct Plan Growth
DSP Strategic Bond Direct Plan IDCW Daily
DSP Banking & PSU Debt Fund Regular Growth
DSP Banking & PSU Debt Fund Regular IDCW Daily
DSP Banking & PSU Debt Fund Regular IDCW
DSP Banking & PSU Debt Fund Direct Growth
DSP Banking & PSU Debt Fund Direct IDCW Monthly
DSP Banking & PSU Debt Fund Direct IDCW Quarterly
DSP Banking & PSU Debt Fund Direct IDCW
DSP Banking & PSU Debt Fund Regular IDCW Weekly
DSP Banking & PSU Debt Fund Regular IDCW Monthly
DSP Banking & PSU Debt Fund Regular IDCW Quarterly
DSP Banking & PSU Debt Fund Direct IDCW Daily
DSP Banking & PSU Debt Fund Direct IDCW Weekly
DSP Dynamic Asset Allocation Fund Direct IDCW Monthly
DSP Dynamic Asset Allocation Fund Regular IDCW Monthly
DSP Dynamic Asset Allocation Fund Direct Growth
DSP Dynamic Asset Allocation Fund Regular Growth
DSP Equity Savings Fund Regular Growth
DSP Equity Savings Fund Regular IDCW
DSP Equity Savings Fund Regular IDCW Monthly
DSP Equity Savings Fund Regular IDCW Quarterly
DSP Equity Savings Fund Direct Growth
DSP Equity Savings Fund Direct IDCW
DSP Equity Savings Fund Direct IDCW Monthly
DSP Equity Savings Fund Direct IDCW Quarterly
DSP Corporate Bond Fund Regular Growth
DSP Corporate Bond Fund Regular IDCW Monthly
DSP Corporate Bond Fund Direct Growth
DSP Corporate Bond Fund Direct IDCW
DSP Corporate Bond Fund Direct IDCW Quarterly
DSP Corporate Bond Fund Direct IDCW Monthly
DSP Floater Fund Regular Growth
DSP Floater Fund Direct Growth
Karan Mundra
May 2021 - Present
View details
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Education
Mr. Mundra is a B. COM. and Charted Accountant (CA)
Experience
He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.
Also manages these schemes
DSP Bond Retail IDCW Quarterly
DSP Bond Retail Growth
DSP Bond Retail IDCW Monthly
DSP Savings Fund Growth
DSP Savings Fund IDCW Half Yearly
DSP Savings Fund IDCW Monthly
DSP Liquidity Regular Plan Growth
DSP Liquidity Regular Plan IDCW Weekly
DSP Liquidity Regular Plan IDCW Daily
DSP Ultra Short Fund Regular Plan Growth
DSP Ultra Short Fund Regular Plan IDCW Weekly
DSP Ultra Short Fund Regular Plan IDCW Daily
DSP Ultra Short Fund Regular Plan IDCW Monthly
DSP Ultra Short Fund Regular Plan IDCW
DSP Bond Direct IDCW Monthly
DSP Bond Direct IDCW
DSP Bond Direct Growth
DSP Savings Direct Plan Growth
DSP Savings Direct Plan IDCW Monthly
DSP Savings Direct Plan IDCW Half Yearly
DSP Liquidity Direct IDCW Weekly
DSP Liquidity Direct IDCW Daily
DSP Liquidity Direct Growth
DSP Ultra Short Fund Direct Plan IDCW Daily
DSP Ultra Short Fund Direct Plan IDCW Monthly
DSP Ultra Short Fund Direct Plan Growth
DSP Ultra Short Fund Direct Plan IDCW
DSP Ultra Short Fund Direct Plan IDCW Weekly
DSP Savings Fund IDCW Daily
DSP Savings Direct Plan IDCW Daily
DSP Savings Unclaimed Redemption Upto 3 years
DSP Savings Unclaimed Redemption Above 3 Yrs
DSP Savings Unclaimed IDCW Upto 3 years
DSP Savings Unclaimed IDCW Above 3 Yrs
DSP Corporate Bond Fund Regular Growth
DSP Corporate Bond Fund Regular IDCW Monthly
DSP Corporate Bond Fund Direct Growth
DSP Corporate Bond Fund Direct IDCW
DSP Corporate Bond Fund Direct IDCW Quarterly
DSP Corporate Bond Fund Direct IDCW Monthly
Fund house & investment objective
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DSP Mutual Fund
Rank (total assets)#10 in India
Total AUM97,309.07 Cr
Date of Incorporation16 Dec 1996
DSP Bond Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Pan
DSP Bond Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Pankaj Sharma, Saurabh Bhatia is the Current Fund Manager of DSP Bond Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹97,309 Cr and the Latest NAV as of 21 Sep 2021 is ₹11.19.
The DSP Bond Direct IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to 500. ...Read more
Investment Objective
The fund aims at reasonable and attractive return consistent with prudent risk from a portfolio of high quality debt instruments. The secondary object
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.
...Read more
Fund benchmarkCRISIL Medium Term Debt Index
descriptionScheme Information Document(SID)
Fund house contact details
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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.com
Compare funds
DSP Bond Direct IDCW Monthly
VS
Add mutual fund to compare
	1Y	3Y	5Y	All
Fund returns	5.7%	6.2%	6.0%	7.4%
Category average	6.2%	5.4%	6.5%	NA
Rank with in category	15	9	9	NA
Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	9.8%
Axis Bank Ltd.	Financial	CD	7.9%
Small Industries Devp. Bank of India Ltd.	Financial	CP	7.9%
National Highways Authority of India Ltd.	Services	NCD	6.5%
Power Finance Corporation Ltd.	Financial	NCD	6.1%
LIC Housing Finance Ltd.	Financial	NCD	6.1%
Bajaj Finance Ltd.	Financial	Bonds/NCD	6.0%
REC Ltd.	Financial	Debenture	6.0%
GOI	Sovereign	GOI Sec	5.9%
National Bank For Agriculture & Rural Development	Financial	Debenture	5.9%
Rating	3
Fund size	₹433.49 Cr