DSP Savings Direct Plan Dividend Half Yearly+0.02%

3Groww
8.36%
1 Year Return
Debt
Money Market
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

DSP Savings Direct Plan Dividend Half Yearly

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.23%
NAV12.02 (11 Dec 2019)
Fund Started01 Jan 2013
Fund Size1,508 Cr

Returns

1Y
3Y*
5Y*
Since inception*
DSP Savings Direct Plan Dividend Half Yearly
8.4%
7.2%
7.3%
7.9%
Category Average
7.9%
7.1%
7.6%
-
Rank within category
7
NA
NA
-
*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 8.4% annual returns

    Comparison

    Data not available
    Pros
    1. Risk-adjusted returns are higher compared to the category
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. 1Y Returns are higher than the benchmark
    5. Exit load is zero
    Cons
    1. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Bank Of BarodaFinancialCD7.4%
    HDFC Bank Ltd.FinancialCD6.7%
    Export-Import Bank Of IndiaFinancialCD5.5%
    National Bank For Agriculture & Rural DevelopmentFinancialCP4.8%
    Small Industries Devp. Bank of India Ltd.FinancialCD4.8%
    Hero FinCorp Ltd.FinancialCP4.8%
    Housing Development Finance Corpn. Ltd.FinancialCP4.4%
    Indian BankFinancialCD3.7%
    Axis Bank Ltd.FinancialCD3.7%
    Indusind Bank Ltd.FinancialCD3.7%
    See All

    Fund Managers

    addKedar Karnik
    Education
    Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
    Experience
    Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..
    Funds Managed
    addRahul Vekaria
    Education
    Mr. Vakaria is CA and pursuing CFA Level II.
    Experience
    Prior to joining DSP Mutual Fund he has worked with Axis mutual Fund as a Fund Manager.
    Funds Managed

    Other Details

    DSP Savings Direct Plan Dividend Half Yearly is a Debt Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Kedar Karnik, Rahul Vekaria is the Current Fund Manager of DSP Savings Direct Plan Dividend Half Yearly.The fund currently has an Asset Under Management(AUM) of ₹1,508 Cr and the Latest NAV as of 11 Dec 2019 is ₹12.02.

    The DSP Savings Direct Plan Dividend Half Yearly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The primary objective of the Scheme is to generate income through investment in a portfolio comprising of Treasury Bills and other Central Government Securities with a residual maturity less than or equal to 1 year.

    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)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

    Compare Funds

    DSP Savings Direct Plan Dividend Half Yearly
    VS
    search

    About DSP BlackRock Mutual Fund

    Address
    Mafatlal Centre, 10th Floor, Nariman Point Mumbai 400021
    Phone
    022 66578000
    Launch Date
    15 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,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
    Similar Funds
    Data not available
    ⓒ 2019 Billionbrains Garage Ventures Private Limited