Fund Details
DSP Bond Direct Dividend Monthly
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.40% |
| NAV | ₹11.01 (26 Feb 2021) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹412 Cr |
Returns
Comparison
1. Lower expense ratio - 0.4%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
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 | 9.1% |
| Axis Bank Ltd. | Financial | CD | 8.5% |
| Reliance Industries Ltd. | Energy | CP | 8.5% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 7.9% |
| Power Finance Corpn. Ltd. | Financial | NCD | 6.7% |
| National Highways Authority of India Ltd. | Services | NCD | 6.6% |
| State Bank of India | Financial | NCD | 5.7% |
| National Thermal Power Corp. Ltd. | Energy | NCD | 5.6% |
| Bank Of Baroda | Financial | NCD | 5.1% |
| Export-Import Bank Of India | Financial | Bonds | 4.8% |
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 ₹412 Cr and the Latest NAV as of 26 Feb 2021 is ₹11.01.
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.
