DSP Banking & PSU Debt Fund Direct Growth
NAV as on 09-05-2025
₹ 24.78
Inception Returns
8.1%
/yr
Historical NAV & Returns
Absolute
▲
▼
243 people have invested ₹ 49.1L in DSP Banking & PSU Debt Fund Direct Growth in the last three months
About DSP Banking & PSU Debt Fund Direct Growth
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
- 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.
- The fund has an expense ratio 0.3.
Returns
DSP Banking & PSU Debt Fund Direct Growth has given a CAGR return of 8.10% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.76%, 7.71% and 6.59% 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, 8.17% Govt Stock 2044, 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.
DSP Banking & PSU Debt Fund Direct Growth Overview
| Expense ratio | 0.32% |
Benchmark | Nifty Banking & PSU Debt Idx A-II TR INR |
| AUM | ₹3666 Cr |
| Inception Date | 14 September, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 507.94% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (09-May-25)
Fund Distribution
as on (31-Dec-69)
AAA
100%
Sector Allocation
Government
48.9%
Corporate
48.9%
Cash Equivalent
2.2%
All changes are between Oct'69 and Dec'69
- 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
Top Stocks bought last month
Power Grid Corporation Of India Limited's allocation increased from 0.6% to 1.85%
National Bank For Financing Infrastructure And Development's allocation increased from 0.9% to 1.81%
National Housing Bank's allocation increased from 1.01% to 1.83%
Top Stocks sold last month
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 4.39 %
Rec Limited's allocation decreased from 5.26 % to 3.68 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 3.63 %
Cash allocation has gone down from 13.1% to 10.2%
Debt allocation has gone up from 86.6% to 89.5%
Top 2 Sectors in March were Corporate, Government
Mar'25
Government
49%
Corporate
49%
Feb'25
Corporate
50%
Government
47%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.3% Govt Stock 2053 | 8.55% | 0% | |
8.17% Govt Stock 2044 | 5.03% | 76.5% | |
7.34% Govt Stock 2064 | 4.66% | 50% | |
Small Industries Development Bank Of India | 3.72% | 0% | |
Power Grid Corporation Of India Limited | 3.18% | 0% | |
National Bank for Agriculture and Rural Development | 3.1% | 0% | |
Indian Railway Finance Corporation Limited | 3.08% | 0% | |
State Bank Of India | 3.05% | 0% | |
GAil (India) Limited | 2.93% | 0% | |
India (Republic of) 6.9% | 2.84% | 0% | |
Bajaj Finance Ltd. | 2.84% | 0% | |
HDFC Bank Limited | 2.68% | 0% | |
Rec Limited | 2.34% | 0% | |
National Bank For Financing Infrastructure And Development | 2.3% | 50% | |
Rec Limited 7.34% | 2.22% | 100% | |
National Bank For Agriculture And Rural Development | 2.19% | 0% | |
Rural Electrification Corporation Limited | 2.17% | 0% | |
Power Finance Corporation Limited | 2.16% | 0% | |
National Housing Bank | 1.56% | 0% | |
State Bank Of India | 1.55% | 0% | |
Ntpc Limited | 1.53% | 0% | |
HDFC Bank Limited | 1.53% | 0% | |
Power Finance Corporation Ltd. | 1.52% | 0% | |
National Housing Bank | 1.51% | 0% | |
Power Grid Corporation Of India Limited | 1.48% | 0% | |
Power Finance Corporation Ltd. | 1.47% | 0% | |
7.12% State Government Of Maharashtra 2043 | 1.47% | 0% | |
Power Grid Corporation Of India Limited | 1.46% | 0% | |
Bajaj Finance Limited | 1.46% | 0% | |
Power Finance Corporation Limited | 1.46% | 0% | |
Indian Railway Finance Corp Ltd. | 1.45% | 0% | |
Small Industries Development Bank Of India | 1.44% | 0% | |
National Bank For Agriculture And Rural Development | 1.44% | 0% | |
Indian Railway Finance Corporation Ltd. | 1.43% | 0% | |
Canara Bank | 1.38% | 0% | |
Bank Of Baroda | 1.38% | 0% | |
Small Industries Development Bank Of India | 1.04% | 0% | |
National Bank For Financing Infrastructure And Development | 0.77% | 0% | |
Small Industries Development Bank Of India | 0.75% | 0% | |
Power Finance Corporation Ltd. | 0.75% | 0% | |
Small Industries Development Bank Of India | 0.75% | 0% | |
Power Finance Corporation Limited | 0.75% | 0% | |
7.09% Govt Stock 2054 | 0.74% | 0% | |
7.26% Ntpc Limited | 0.73% | 0% | |
7.32% Rec Limited | 0.73% | 0% | |
National Bank For Agriculture And Rural Development | 0.73% | 0% | |
National Bank For Agriculture And Rural Development | 0.72% | 0% | |
National Bank for Financing Infrastructure & Development | 0.72% | 0% | |
Rural Electrification Corporation Limited | 0.71% | 0% | |
Indian Railway Finance Corporation Limited | 0.71% | 0% | |
Axis Bank Limited | 0.7% | 0% | |
Union Bank Of India | 0.68% | 0% | |
Punjab National Bank | 0.68% | 0% | |
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 0.67% | 0% | |
SBI Funds Management Pvt Ltd/Fund Parent | 0.23% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
DSP Banking & PSU Debt Fund | 9.76% | 7.71% | 6.59% | 8.1% |
 Edelweiss Banking and PSU Debt Fund Direct Growth | 9.7% | 8.24% | 6.83% | 8.3% |
 ITI Banking & PSU Fund Gr Direct Growth | 8.87% | 7.48% | - | 6.37% |
 Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 9.42% | 7.68% | 6.88% | 8.52% |
 ICICI Prudential Banking and PSU Debt Fund Direct Growth | 9.14% | 7.97% | 7.18% | 8.25% |
 Axis Banking & PSU Debt Fund Direct Growth | 9.04% | 7.23% | 6.53% | 7.9% |
 UTI Banking & PSU Fund Direct Growth | 8.78% | 7.58% | 7.42% | 7.28% |
 Bandhan Banking & PSU Debt Fund Direct Growth | 9.01% | 7.37% | 6.67% | 7.86% |
 HSBC Banking & PSU Debt fund Direct Growth | 8.77% | 7.44% | 6.12% | 7.58% |
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Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
The Ruby, 25th Floor,29, Senapati Bapat Marg,Dadar (West), Mumbai – 400028
Phone
91-22-66578000
Website
service@dspblackrock.com
Mutual Fund Insights
In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.42% return, outperforming this fund by 0.83% per annum.
Over the last 1 year, this fund has decreased expense ratio by 3.0% moving from 0.33 to 0.32.
In the last 1 year, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.32% which is lower than the category average expense ratio of 0.56%.
In the last 3 years, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.97% return, outperforming this fund by 0.26% per annum.
Over the last 3 months, this fund has experienced a 23.1% growth in AUM moving from 2.97K Cr to 3.66K Cr.
DSP Banking & PSU Debt Fund Direct Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.1% since inception which is more than its category average return of 6.23%
AUM size ₹3666 Cr
This fund has AUM of ₹3666 Cr which is less than its category average of ₹ 4168 Cr
Expense Ratio 0.32%
This fund has an expense ratio of 0.32% which is less than its category average expense ratio of 0.51%
More funds from DSP
5Y CAGR
▲ 12.26
5Y CAGR
▲ 7.01
5Y CAGR
▲ 6.75
5Y CAGR
▲ 5.43
Frequently Asked Questions for DSP Banking & PSU Debt Fund Direct Growth
The current NAV of DSP Banking & PSU Debt Fund Direct Growth is ₹24.78 as on 09-May-2025.
Existing (Absolute + CAGR) as on 09-May-2025.
DSP Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 4.58% | 4.58% |
1 Year Returns | 9.76% | 9.76% |
3 Years Returns | 24.96% | 7.71% |
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.
0.32% as on April 2025
₹3666 Cr as on April 2025
7.3% Govt Stock 2053(8.55%), 8.17% Govt Stock 2044(5.03%), 7.34% Govt Stock 2064(4.66%), Small Industries Development Bank Of India(3.72%), Power Grid Corporation Of India Limited(3.18%) as on April 2025
Corporate(50.88%), Government(48.09%), Cash Equivalent(1.04%) as on April 2025
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.
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.
AAA | 100 |
The Exit load of DSP Banking & PSU Debt Fund Direct Growth is 0%