How to Invest in DSP Bond Direct IDCW Monthly?

You can easily invest in DSP Bond Direct IDCW Monthly 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 Bond Direct IDCW Monthly 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 Bond Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does DSP Bond Direct IDCW Monthly provide?

The DSP Bond Direct IDCW Monthly has been there from 01 Jan 2013 and the average annual returns provided by this fund is 6.73% since its inception.

How much expense ratio is charged by DSP Bond Direct IDCW Monthly?

The term Expense Ratio used for DSP Bond Direct IDCW Monthly 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 Bond Direct IDCW Monthly is 0.40% as of 06 Dec 2023...

What is the AUM of DSP Bond Direct IDCW Monthly?

The AUM, short for Assets Under Management of DSP Bond Direct IDCW Monthly is ₹347.56Cr as of 06 Dec 2023.

How to Redeem DSP Bond Direct IDCW Monthly?

If you want to sell your DSP Bond Direct IDCW Monthly 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 Bond Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of DSP Bond Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of DSP Bond Direct IDCW Monthly?

The NAV of DSP Bond Direct IDCW Monthly is ₹11.13 as of 05 Dec 2023.

What is the PE and PB ratio of DSP Bond Direct IDCW Monthly?

The PE ratio ratio of DSP Bond Direct IDCW Monthly 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).

DSP Bond Direct IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

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DSP Bond Direct IDCW Monthly
Debt
Medium Duration
Moderate Risk
4.67%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 05 Dec 2023₹11.13
Min. SIP amountNot Supported
Rating2
Fund size₹347.56Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
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 returns6.7%4.7%5.3%6.9%
Category average6.0%5.1%5.4%NA
Rank with in category9119NA
Understand terms
Holdings (15)NameSectorInstrumentAssets
GOI
SovereignGOI Sec8.6%
Reliance Industries Ltd.
EnergyNCD8.0%
Hindustan Petroleum Corporation Ltd.
EnergyBonds/NCD7.6%
REC Ltd.
FinancialNCD7.6%
Karnataka State
OthersSDL7.5%
Larsen & Toubro Ltd.
ConstructionBonds/NCD7.5%
Indian Railway Finance Corporation Ltd.
FinancialBonds/NCD7.3%
Jamnagar Utilities and Power Pvt. Ltd.
Capital GoodsDebenture7.3%
Bajaj Housing Finance Ltd.
FinancialBonds/NCD7.3%
LIC Housing Finance Ltd.
FinancialBonds/NCD7.3%
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 cons
Category: Debt Medium Duration
Pros
Cons
Exit load is zero
3Y, 5Y and 10Y annualised returns lower than category average
Lower expense ratio: 0.4%
Low rating: 2
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
1Y annualised returns higher than category average by 0.66%
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
01 Dec 2023 - Present
0.40%
30 Nov 2023 - 01 Dec 2023
0.40%
29 Nov 2023 - 30 Nov 2023
0.40%
28 Nov 2023 - 29 Nov 2023
0.40%
24 Nov 2023 - 28 Nov 2023
0.40%
23 Nov 2023 - 24 Nov 2023
0.40%
22 Nov 2023 - 23 Nov 2023
0.40%
21 Nov 2023 - 22 Nov 2023
0.40%
20 Nov 2023 - 21 Nov 2023
0.40%
17 Nov 2023 - 20 Nov 2023
0.40%
16 Nov 2023 - 17 Nov 2023
0.40%
15 Nov 2023 - 16 Nov 2023
0.40%
13 Nov 2023 - 15 Nov 2023
0.40%
10 Nov 2023 - 13 Nov 2023
0.40%
09 Nov 2023 - 10 Nov 2023
0.40%
08 Nov 2023 - 09 Nov 2023
0.40%
07 Nov 2023 - 08 Nov 2023
0.40%
06 Nov 2023 - 07 Nov 2023
0.40%
03 Nov 2023 - 06 Nov 2023
0.40%
02 Nov 2023 - 03 Nov 2023
0.40%
01 Nov 2023 - 02 Nov 2023
0.40%
31 Oct 2023 - 01 Nov 2023
0.40%
30 Oct 2023 - 31 Oct 2023
0.40%
27 Oct 2023 - 30 Oct 2023
0.40%
26 Oct 2023 - 27 Oct 2023
0.40%
25 Oct 2023 - 26 Oct 2023
0.40%
23 Oct 2023 - 25 Oct 2023
0.40%
20 Oct 2023 - 23 Oct 2023
0.40%
19 Oct 2023 - 20 Oct 2023
0.40%
18 Oct 2023 - 19 Oct 2023
0.40%
17 Oct 2023 - 18 Oct 2023
0.40%
16 Oct 2023 - 17 Oct 2023
0.40%
13 Oct 2023 - 16 Oct 2023
0.40%
12 Oct 2023 - 13 Oct 2023
0.40%
11 Oct 2023 - 12 Oct 2023
0.40%
10 Oct 2023 - 11 Oct 2023
0.40%
09 Oct 2023 - 10 Oct 2023
0.40%
06 Oct 2023 - 09 Oct 2023
0.40%
05 Oct 2023 - 06 Oct 2023
0.40%
04 Oct 2023 - 05 Oct 2023
0.40%
03 Oct 2023 - 04 Oct 2023
0.40%
30 Sep 2023 - 03 Oct 2023
0.40%
29 Sep 2023 - 30 Sep 2023
0.40%
27 Sep 2023 - 29 Sep 2023
0.40%
26 Sep 2023 - 27 Sep 2023
0.40%
25 Sep 2023 - 26 Sep 2023
0.40%
22 Sep 2023 - 25 Sep 2023
0.40%
21 Sep 2023 - 22 Sep 2023
0.40%
20 Sep 2023 - 21 Sep 2023
0.40%
18 Sep 2023 - 20 Sep 2023
0.40%
15 Sep 2023 - 18 Sep 2023
0.40%
14 Sep 2023 - 15 Sep 2023
0.40%
13 Sep 2023 - 14 Sep 2023
0.40%
12 Sep 2023 - 13 Sep 2023
0.40%
11 Sep 2023 - 12 Sep 2023
0.40%
08 Sep 2023 - 11 Sep 2023
0.40%
07 Sep 2023 - 08 Sep 2023
0.40%
06 Sep 2023 - 07 Sep 2023
0.40%
05 Sep 2023 - 06 Sep 2023
0.40%
04 Sep 2023 - 05 Sep 2023
0.40%
01 Sep 2023 - 04 Sep 2023
0.40%
31 Aug 2023 - 01 Sep 2023
0.40%
31 Jul 2023 - 31 Aug 2023
0.39%
30 Jun 2023 - 31 Jul 2023
0.39%
31 May 2023 - 30 Jun 2023
0.39%
30 Apr 2023 - 31 May 2023
0.39%
31 Mar 2023 - 30 Apr 2023
0.39%
28 Feb 2023 - 31 Mar 2023
0.39%
31 Jan 2023 - 28 Feb 2023
0.39%
31 Dec 2022 - 31 Jan 2023
0.39%
31 Dec 2022 - 31 Dec 2022
0.39%
30 Nov 2022 - 31 Dec 2022
0.39%
30 Nov 2022 - 30 Nov 2022
0.39%
30 Nov 2022 - 30 Nov 2022
0.39%
31 Oct 2022 - 30 Nov 2022
0.40%
31 Oct 2022 - 31 Oct 2022
0.40%
31 Oct 2022 - 31 Oct 2022
0.40%
31 Oct 2022 - 31 Oct 2022
0.40%
30 Sep 2022 - 31 Oct 2022
0.40%
30 Sep 2022 - 30 Sep 2022
0.40%
30 Sep 2022 - 30 Sep 2022
0.40%
31 Aug 2022 - 30 Sep 2022
0.40%
31 Aug 2022 - 31 Aug 2022
0.40%
31 Jul 2022 - 31 Aug 2022
0.40%
31 Jul 2022 - 31 Jul 2022
0.40%
30 Jun 2022 - 31 Jul 2022
0.40%
30 Jun 2022 - 30 Jun 2022
0.40%
31 May 2022 - 30 Jun 2022
0.40%
31 May 2022 - 31 May 2022
0.40%
30 Apr 2022 - 31 May 2022
0.40%
30 Apr 2022 - 30 Apr 2022
0.40%
31 Mar 2022 - 30 Apr 2022
0.40%
31 Mar 2022 - 31 Mar 2022
0.40%
28 Feb 2022 - 31 Mar 2022
0.40%
28 Feb 2022 - 28 Feb 2022
0.40%
31 Jan 2022 - 28 Feb 2022
0.41%
31 Dec 2021 - 31 Jan 2022
0.41%
30 Nov 2021 - 31 Dec 2021
0.41%
31 Oct 2021 - 30 Nov 2021
0.41%
30 Sep 2021 - 31 Oct 2021
0.41%
31 Aug 2021 - 30 Sep 2021
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: 0.40%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementVivekanand Ramakrishnan
Jul 2021 - Present
View details
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 Direct Growth
DSP Credit Risk Direct Plan Growth
DSP Corporate Bond Fund Direct Growth
Karan Mundhra
May 2021 - Present
View details
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 Direct Growth
DSP Savings Direct Plan Growth
DSP Liquidity Direct Growth
DSP Ultra Short Fund Direct Plan Growth
DSP Banking & PSU Debt Fund Direct Growth
DSP Low Duration Fund Direct Growth
DSP Corporate Bond Fund Direct Growth
Fund house & investment objective
DSP Mutual Fund
Rank (total assets)#10 in India
Total AUM₹1,29,575.42Cr
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. 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 ₹1,29,575 Cr and the Latest NAV as of 05 Dec 2023 is ₹11.13.
The DSP Bond Direct IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to ₹100.
;
Investment ObjectiveThe 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.
;
Fund benchmarkCRISIL Medium Duration Debt B-III Index
Scheme Information Document(SID)
Fund house contact details
Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway,Andheri East Mumbai 400069
Phone
1800-208-4499 / 1800-200-4499
Launch Date
16 Dec 1996
E-mail
NA
Website
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	6.7%	4.7%	5.3%	6.9%
Category average	6.0%	5.1%	5.4%	NA
Rank with in category	9	11	9	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	8.6%
Reliance Industries Ltd.	Energy	NCD	8.0%
Hindustan Petroleum Corporation Ltd.	Energy	Bonds/NCD	7.6%
REC Ltd.	Financial	NCD	7.6%
Karnataka State	Others	SDL	7.5%
Larsen & Toubro Ltd.	Construction	Bonds/NCD	7.5%
Indian Railway Finance Corporation Ltd.	Financial	Bonds/NCD	7.3%
Jamnagar Utilities and Power Pvt. Ltd.	Capital Goods	Debenture	7.3%
Bajaj Housing Finance Ltd.	Financial	Bonds/NCD	7.3%
LIC Housing Finance Ltd.	Financial	Bonds/NCD	7.3%

Rank (total assets)	#10 in India
Total AUM	₹1,29,575.42Cr

Date of Incorporation	16 Dec 1996

Fund benchmark	CRISIL Medium Duration Debt B-III Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	2
Fund size	₹347.56Cr

DSP Bond Direct IDCW Monthly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (15)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.40%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Vivekanand RamakrishnanJul 2021 - PresentView details

Karan MundhraMay 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Vivekanand Ramakrishnan
Jul 2021 - Present
View details

Karan Mundhra
May 2021 - Present
View details