DSP 10Y G Sec Fund Direct Growth

DSP 10Y G Sec Fund Direct Growth

Debt

Direct

10 Yr Government Bond

NAV as on 04-10-2024

₹ 20.93

-0.3%

1D

Inception Returns

7.6%

/yr

About the Fund

DSP 10Y G Sec Fund Direct Growth is a debt fund. This fund was started on 26 September, 2014. The fund is managed by Laukik Bagwe. This fund is suitable to keep your money safe.

Key Parameters

  1. DSP 10Y G Sec Fund Direct Growth has ₹55 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 10Y G Sec Fund Direct Growth has given a CAGR return of 7.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.61%, 5.15% and 5.85% respectively.

Holdings

DSP 10Y G Sec Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034

Taxation

As it is a 10 yr government bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of DSP 10Y G Sec Fund Direct Growth

The investment objective of the Scheme is to seek to generate returns commensurate with risk from a portfolio of Government Securities such that the Macaulay duration of the portfolio is similar to the 10 Year benchmark government security.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP 10Y G Sec Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
24 people have invested ₹ 27.6K in DSP 10Y G Sec Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.31%
Benchmark
ICICI Securities Libex TR INR
AUM₹55 Cr
Inception Date26 September, 2014
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
222.08%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (04-Oct-24)

Period
DSP 10Y G Sec Fund Direct Growth
10 yr Government Bond Index
1M
0.7%
0.5%
3M
2.8%
2.6%
6M
5%
4.7%
1Y
9.6%
9.4%
3Y
5.1%
5.2%
5Y
5.8%
5.7%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Aug'24

Jul'24

Jun'24

Government
98.9%
Cash Equivalent
1.1%
All changes are between Oct'69 and Dec'69
Parameters
Aug'24
Jul'24
Jun'24
AUM
₹ 54.4 Cr
₹ 52.9 Cr
₹ 52.8 Cr
  • AUM of the fund stands at 54.4 Cr as of Aug'24
  • AUM increased by 1.5 Cr between Aug'24 and Jul'24
Cash allocation has gone up from 1.1% to 1.1%
Cash allocation has gone up from 1.1% to 1.1%
Debt allocation has gone down from 98.9% to 98.9%
Debt allocation has gone down from 98.9% to 98.9%

Top Sector in August was Government

Aug'24
Government
99%
Jul'24
Government
99%
  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
98.58%
1%
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Laukik Bagwe
Laukik Bagwe
Fund Manager of DSP 10Y G Sec Fund Direct Growth, since 1 August 2021
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com

Mutual Fund Insights

Insights icon
In the last 3 years, SBI Magnum Constant Maturity Fund Direct Growth has given 5.84% return, outperforming this fund by 0.69% per annum.
Insights icon
In the last 5 years, ICICI Prudential Constant Maturity Gilt Direct Growth has given 6.88% return, outperforming this fund by 1.03% per annum.
Insights icon
In the last 1 year, Bandhan Government Securities Fund - Constant Maturity Direct - Growth has given 10.52% return, outperforming this fund by 0.9%.

DSP 10Y G Sec Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.65% since inception which is more than its category average return of 6.67%
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 579 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.39%

Frequently Asked Questions

The current NAV of DSP 10Y G Sec Fund Direct Growth is ₹20.93 as on 04-Oct-2024.
Existing (Absolute + CAGR) as on 04-Oct-2024.
DSP 10Y G Sec Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.74%
0.74%
6 Month Returns
4.98%
4.98%
1 Year Returns
9.61%
9.61%
3 Years Returns
16.26%
5.15%
5 Years Returns
32.87%
5.85%
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.
0.31% as on September 2024
₹55 Cr as on September 2024
Yield to Maturity is 6.98 as on September 2024. 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.
Modified Duration is 6.65 as on September 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Laukik Bagwe is the fund manager of DSP 10Y G Sec Fund Direct Growth
The Exit load of DSP 10Y G Sec Fund Direct Growth is 0%