How to Invest in DSP FMP Series 221 40M Direct Growth?

You can easily invest in DSP FMP Series 221 40M Direct Growth 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 FMP Series 221 40M Direct Growth 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 FMP Series 221 40M Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does DSP FMP Series 221 40M Direct Growth provide?

The DSP FMP Series 221 40M Direct Growth has been there from 27 Feb 2018 and the average annual returns provided by this fund is 4.86% since its inception.

How much expense ratio is charged by DSP FMP Series 221 40M Direct Growth?

The term Expense Ratio used for DSP FMP Series 221 40M Direct Growth 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 FMP Series 221 40M Direct Growth is 0.20% as of 25 Sep 2023...

What is the AUM of DSP FMP Series 221 40M Direct Growth?

The AUM, short for Assets Under Management of DSP FMP Series 221 40M Direct Growth is ₹294.67Cr as of 25 Sep 2023.

How to Redeem DSP FMP Series 221 40M Direct Growth?

If you want to sell your DSP FMP Series 221 40M Direct Growth 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 FMP Series 221 40M Direct Growth?

You can select either SIP or Lumpsum investment of DSP FMP Series 221 40M Direct Growth based on your investment objective and risk tolerance.

What is the NAV of DSP FMP Series 221 40M Direct Growth?

The NAV of DSP FMP Series 221 40M Direct Growth is ₹12.64 as of 27 May 2021.

What is the PE and PB ratio of DSP FMP Series 221 40M Direct Growth?

The PE ratio ratio of DSP FMP Series 221 40M Direct Growth 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 FMP Series 221 40M Direct Growth - NAV, Mutual Fund Performance & Portfolio

DSP FMP Series 221 40M Direct Growth
Debt
FMP
Low to Moderate Risk
7.95%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
All
 NAV: 27 May 2021₹12.64
Min. SIP amountNot Supported
RatingNA
Fund size₹294.67Cr
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 FMP
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA4.9%8.0%7.5%
Category averageNA7.3%5.4%NA
Rank with in categoryNA42644NA
Understand terms
Holdings (6)NameSectorInstrumentAssets
Kotak Mahindra Prime Ltd.
FinancialBonds/NCD10.2%
Export-Import Bank Of India
FinancialBonds10.1%
Axis Finance Ltd.
FinancialBonds/NCD10.1%
Bajaj Housing Finance Ltd.
FinancialBonds/NCD10.0%
REC Ltd.
FinancialDebenture7.3%
Power Grid Corporation of India Ltd.
EnergyDebenture0.4%
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
30 Sep 2020 - Present
0.20%
31 Mar 2020 - 30 Sep 2020
0.20%
31 Mar 2019 - 31 Mar 2020
0.21%
30 Sep 2018 - 31 Mar 2019
0.20%
31 Mar 2018 - 30 Sep 2018
0.21%
Expense ratio, exit load and taxExpense ratio: 0.20%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 managementLaukik Bagwe
Feb 2018 - Present
View details
Education
Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience
Prior to joining DSP Mutual Fund he has worked with Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
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Fund house & investment objective
DSP Mutual Fund
Rank (total assets)#10 in India
Total AUM₹1,31,376.58Cr
Date of Incorporation16 Dec 1996
 DSP FMP Series 221 40M Direct Growth is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Laukik Bagwe, Pankaj Sharma is the Current Fund Manager of DSP FMP Series 221 40M Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,31,377 Cr and the Latest NAV as of 27 May 2021 is ₹12.64.
The DSP FMP Series 221 40M Direct Growth is rated Low to Moderate risk.
;
Investment ObjectiveThe scheme seeks to generate returns and capital appreciation by investing in a portfolio of Debt and Money Market Securities.
;
Fund benchmarkCRISIL Composite Bond 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
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 FMP Series 221 40M Direct Growth
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	6M	1Y	3Y	All
Fund returns	NA	4.9%	8.0%	7.5%
Category average	NA	7.3%	5.4%	NA
Rank with in category	NA	426	44	NA

Name	Sector	Instrument	Assets
Kotak Mahindra Prime Ltd.	Financial	Bonds/NCD	10.2%
Export-Import Bank Of India	Financial	Bonds	10.1%
Axis Finance Ltd.	Financial	Bonds/NCD	10.1%
Bajaj Housing Finance Ltd.	Financial	Bonds/NCD	10.0%
REC Ltd.	Financial	Debenture	7.3%
Power Grid Corporation of India Ltd.	Energy	Debenture	0.4%

Rank (total assets)	#10 in India
Total AUM	₹1,31,376.58Cr

Date of Incorporation	16 Dec 1996

Fund benchmark	CRISIL Composite Bond Index

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Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	NA
Fund size	₹294.67Cr

DSP FMP Series 221 40M Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (6)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.20%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Laukik BagweFeb 2018 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Laukik Bagwe
Feb 2018 - Present
View details