DSP Savings Fund Dividend Monthly+0.08%

3
7.60%
1 Year Return
Debt
Money Market
3.0star
6M
1Y
3Y
5Y
All

Fund Details

DSP Savings Fund Dividend Monthly

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.43%
NAV10.75 (03 Jul 2020)
Fund Started16 Feb 2004
Fund Size1,586 Cr

Returns

1Y
3Y*
5Y*
Since inception*
DSP Savings Fund Dividend Monthly
7.6%
7.3%
7.0%
6.9%
Category Average
7.3%
7.1%
7.4%
-
Rank within category
9
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 7.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk-adjusted returns are higher compared to the category
    3. Lower expense ratio
    4. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark
    2. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Bank Of BarodaFinancialCD8.6%
    Housing Development Finance Corpn. Ltd.FinancialCP7.6%
    Reliance Industries Ltd.EnergyCP7.5%
    Axis Bank Ltd.FinancialCD6.1%
    Union Bank of IndiaFinancialCD6.1%
    Export-Import Bank Of IndiaFinancialCD6.1%
    Tata Capital Housing Finance Ltd.FinancialCP6.1%
    Axis Finance Ltd.FinancialCP6.1%
    ICICI Bank Ltd.FinancialCD4.6%
    National Bank For Agriculture & Rural DevelopmentFinancialCD4.6%
    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

    DSP Savings Fund Dividend Monthly Details

    DSP Savings Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was made available to investors on 16 Feb 2004. Kedar Karnik, Rahul Vekaria is the Current Fund Manager of DSP Savings Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,586 Cr and the Latest NAV as of 03 Jul 2020 is ₹10.75.

    The DSP Savings Fund Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is set to 500.

    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)

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

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    About DSP BlackRock 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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