DSP Bond Direct Dividend Monthly+0.02%

2
9.92%
1 Year Return
Debt
Medium Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

DSP Bond Direct Dividend Monthly

RiskModerate
Min SIP AmountNot Supported
Expense Ratio0.40%
NAV11.19 (05 Aug 2020)
Fund Started31 Dec 2012
Fund Size251 Cr

Returns

1Y
3Y*
5Y*
Since inception*
DSP Bond Direct Dividend Monthly
9.9%
5.6%
7.4%
7.8%
Category Average
5.4%
5.2%
6.7%
-
Rank within category
6
10
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
    0
    with 9.9% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.4%
    2. 1Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    4. Exit load is zero
    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

    Top Holdings

    NameSectorInstrument% Assets
    State Bank of IndiaFinancialNCD9.5%
    National Thermal Power Corp. Ltd.EnergyNCD9.4%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture9.4%
    Housing Development Finance Corpn. Ltd.FinancialDebenture8.1%
    ICICI Bank Ltd.FinancialCD7.8%
    Axis Bank Ltd.FinancialCD7.8%
    Reliance Industries Ltd.EnergyCP7.8%
    Small Industries Devp. Bank of India Ltd.FinancialCP7.7%
    National Highways Authority of India Ltd.ServicesNCD6.7%
    Bank Of BarodaFinancialNCD6.4%
    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

    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 ₹251 Cr and the Latest NAV as of 05 Aug 2020 is ₹11.19.

    The DSP Bond Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 500.

    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)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About DSP Mutual Fund

    Address
    Mafatlal Centre, 10th Floor, Nariman Point Mumbai 400021
    Phone
    022 66578000
    Launch Date
    16 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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