DSP Banking & PSU Debt Fund Direct Growth

DSP Banking & PSU Debt Fund Direct Growth

Debt

DSP Mutual Fund

Banking & Psu

Get the latest NAV of DSP Banking & PSU Debt Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹24.88

▲0.4%1D

NAV as on 13 May 2025

8.13%/per year

Since Inception

Absolute Gain%

▲▼

238 people have invested ₹ 46.1L in DSP Banking & PSU Debt Fund Direct Growth in the last three months

Fund Performance

as on (13-May-25)

Period
This Fund
Banking and PSU Index
1 Month
0.97%
0.83%
3 Months
3.5%
2.94%
6 Months
4.97%
4.52%
1 Year
10.09%
8.76%
3 Years
7.84%
7.25%
5 Years
6.67%
6.3%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
DSP Banking & PSU Debt Fund
11/12
3,666Cr
0.32%
10.09%
7.84%
8.13%
Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth
3/12
8,826Cr
0.39%
9.72%
7.78%
8.54%
ICICI Prudential Banking and PSU Debt Fund Direct Growth
4/12
10,415Cr
0.39%
9.33%
8.02%
8.27%
Axis Banking & PSU Debt Fund Direct Growth
5/12
13,313Cr
0.35%
9.27%
7.34%
7.92%
See all

DSP Banking & PSU Debt Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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DSP Banking & PSU Debt Fund Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Debt & Cash 99.8%

AAA
100%
Cash allocation has gone down from 13.1% to 10.2%
Cash allocation has gone down from 13.1% to 10.2%
Debt allocation has gone up from 86.6% to 89.5%
Debt allocation has gone up from 86.6% to 89.5%

DSP Banking & PSU Debt Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Debt & Cash 99.8%

Government
50.4%
Corporate
48.8%
Cash Equivalent
0.8%

Top 2 Sectors in March were Corporate, Government

Mar'25

Government

49%

Corporate

49%

Feb'25

Corporate

50%

Government

47%

DSP Banking & PSU Debt Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.32%
Benchmark
Nifty Banking & PSU Debt Idx A-II TR INR
AUM₹3666 Cr
Inception Date14 September, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
507.94%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

About DSP Banking & PSU Debt Fund

DSP Banking & PSU Debt Fund Direct Growth is a debt fund. This fund was started on 14 September, 2013. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. DSP Banking & PSU Debt Fund Direct Growth has ₹3666 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

DSP Banking & PSU Debt Fund Direct Growth has given a CAGR return of 8.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.09%, 7.84% and 6.67% respectively.

Holdings

DSP Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 8.3% Govt Stock 2042, 7.34% Govt Stock 2064, Small Industries Development Bank Of India, Power Grid Corporation Of India Limited

Taxation

As it is a banking & psu mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of DSP Banking & PSU Debt Fund Direct Growth

The investment objective of the Scheme is to seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Banking & PSU Debt Fund Direct Growth has no lock in period.

Learn more about DSP Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 3.4K Cr
₹ 3.2K Cr
₹ 3K Cr
  • AUM of the fund stands at 3.4K Cr as of Mar'25
  • AUM increased by 197.3 Cr between Mar'25 and Feb'25

Frequently Asked Questions for DSP Banking & PSU Debt Fund Direct Growth

What is the current NAV of DSP Banking & PSU Debt Fund Direct Growth?

The current NAV of DSP Banking & PSU Debt Fund Direct Growth is ₹24.88 as on 13-May-2025.

What are the average returns of DSP Banking & PSU Debt Fund Direct Growth?

Existing (Absolute + CAGR) as on 13-May-2025.
DSP Banking & PSU Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.97%
0.97%
6 Month Returns
4.97%
4.97%
1 Year Returns
10.09%
10.09%
3 Years Returns
25.42%
7.84%

How do I invest in DSP Banking & PSU Debt Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of DSP Banking & PSU Debt Fund Direct Growth?

0.32% as on April 2025

What is net assets under management (AUM) of DSP Banking & PSU Debt Fund Direct Growth?

₹3666 Cr as on April 2025

What are the top 5 holdings of DSP Banking & PSU Debt Fund Direct Growth?

7.3% Govt Stock 2053(5.21%), 8.3% Govt Stock 2042(4.91%), 7.34% Govt Stock 2064(4.39%), Small Industries Development Bank Of India(3.6%), Power Grid Corporation Of India Limited(3.07%) as on April 2025

What are the top 3 sectors that this DSP Banking & PSU Debt Fund Direct Growth has invested in?

Corporate(49.68%), Government(44.75%), Cash Equivalent(5.56%) as on April 2025

What is the yield to maturity ratio of DSP Banking & PSU Debt Fund Direct Growth?

Yield to Maturity is 7.16 as on April 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.

What is the modified duration of DSP Banking & PSU Debt Fund Direct Growth?

Modified Duration is 5.42 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of DSP Banking & PSU Debt Fund Direct Growth?

AAA
100

What is the exit load of DSP Banking & PSU Debt Fund Direct Growth?

The Exit load of DSP Banking & PSU Debt Fund Direct Growth is 0%