DSP Banking & PSU Debt Fund Direct Growth
DSP Banking & PSU Debt Fund Direct Growth

DSP Banking & PSU Debt Fund Direct Growth

Compare
Debt
Direct
Banking & Psu

NAV: ₹ 20.7 as on 21-03-2023

Fund Performance
zero opening, trading, fund transfer fee
47 people have invested ₹ 23.4L in mutual fund in the last three months

Fund Insights

Insights icon

In the last 1 year, UTI Banking & PSU Debt Fund Direct Plan Growth has given 11.02% return, outperforming DSP Banking & PSU Debt Fund Direct Growth by 7.03%

Insights icon

In the last 3 years, UTI Banking & PSU Debt Fund Direct Plan Growth has given 7.94% return, outperforming DSP Banking & PSU Debt Fund Direct Growth by 1.54% per annum

Insights icon

In the last 5 years, Edelweiss Banking and PSU Debt Fund Direct Plan Growth has given 7.92% return, outperforming DSP Banking & PSU Debt Fund Direct Growth by 0.98% per annum

Insights icon

Over the last 1 month, DSP Banking & PSU Debt Fund Direct Growth has increased expense ratio by 3.1% moving from 0.32 to 0.33

Insights icon

DSP Banking & PSU Debt Fund Direct Growth has one of the lowest expense ratio in the category (banking & psu). Its expense ratio is 0.33% which is lower than the category average expense ratio of 0.55%

DSP Banking & PSU Debt Fund Direct Growth Performance as on (21-Mar-23)

Return
1M
3M
6M
1Y
3Y
5Y
DSP Banking & PSU Debt Fund Direct Growth
0.6%
1.4%
2.9%
4%
6.4%
6.9%
Banking and PSU Index
0.6%
1.2%
2.6%
3.6%
5.9%
5.9%

About the 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 Laukik Bagwe, Vikram Chopra. This fund is suitable to keep your money safe.

Key parameters

1) DSP Banking & PSU Debt Fund Direct Growth has a NAV of 20.7495 as on 21-03-2023.

2) DSP Banking & PSU Debt Fund Direct Growth has 2416 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.

3) The fund has an expense ratio 0.33 %.

DSP Banking & PSU Debt Fund Direct Growth Overview

Expense ratio
Expense ratio
0.33%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹2416 Cr
Inception Date
Inception Date
14 September, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
342.1%

Fund Distribution as on (28-Feb-23)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Feb'23

Jan'23

Dec'22

Government

56.5%

Corporate

35.4%

Cash Equivalent

8.1%

Top Holdings of DSP Banking & PSU Debt Fund Direct Growth as on (28-Feb-23)

  • Debt & Cash

Debt Holdings54
Holdings
Weight%
Holdings Trend
1M Change
7.38 6/20/2027 12:00:00 Am
7.38 6/20/2027 12:00:00 Am
18.34%
11.1%
Hindustan Petroleum Corporation Limited
Hindustan Petroleum Corporation Limited
6.22%
0%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
6.14%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.27%
-62.5%
Rec Limited
Rec Limited
3.17%
0%

DSP Banking & PSU Debt Fund Direct Growth: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
0.23%
0.39%
0.42%
Banking and PSU Index
0.21%
0.37%
0.33%
  • This fund’s returns stands at 0.23% whereas the fund’s underlying benchmark Banking and PSU Index returns stands at 0.21% as on Feb'23
  • This fund outperformed Banking and PSU Index by 0.02% in Feb'23

AUM Change

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 2.5K Cr
₹ 2.5K Cr
₹ 2.5K Cr
  • AUM of the fund stands at 2.5K Cr as of Feb'23
  • AUM decreased by 28.3 Cr between Feb'23 and Jan'23

Fund Portfolio Changes

Top Stocks bought last month
Power Finance Corporation Ltd.'s allocation increased from 0.63% to 6.14%
Power Finance Corporation Ltd.'s allocation increased from 0.63% to 6.14%
Rec Limited's allocation increased from 0.16% to 3.17%
Rec Limited's allocation increased from 0.16% to 3.17%
Ntpc Limited's allocation increased from 0.43% to 3.04%
Ntpc Limited's allocation increased from 0.43% to 3.04%
Top Stocks sold last month
Power Finance Corporation Ltd.'s allocation decreased from 6.14 % to 3.05 %
Power Finance Corporation Ltd.'s allocation decreased from 6.14 % to 3.05 %
Hindustan Petroleum Corporation Limited's allocation decreased from 6.22 % to 2.06 %
Hindustan Petroleum Corporation Limited's allocation decreased from 6.22 % to 2.06 %
National Housing Bank's allocation decreased from 2.01 % to 1.77 %
National Housing Bank's allocation decreased from 2.01 % to 1.77 %
Debt allocation has gone up from 80.9% to 84.3%
Debt allocation has gone up from 80.9% to 84.3%
Cash allocation has gone down from 19.1% to 15.7%
Cash allocation has gone down from 19.1% to 15.7%

Top 2 Sectors in February were Government, Corporate

Feb'23
Government
57%
Corporate
35%
Jan'23
Government
51%
Corporate
39%

DSP Banking & PSU Debt Fund Direct Growth Fund Manager

Laukik Bagwe

Laukik Bagwe

Fund Manager of DSP Banking & PSU Debt Fund Direct Growth, since 17 July 2021
Vikram Chopra

Vikram Chopra

Fund Manager of DSP Banking & PSU Debt Fund Direct Growth, since 17 July 2016

Fund Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.97% since inception which is more than its category average return of 5.41%
AUM size ₹2416 Cr

AUM size ₹2416 Cr

This fund has AUM of ₹2416 Cr which is less than its category average of ₹ 3499 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.48%

Frequently Asked Questions

The current NAV of DSP Banking & PSU Debt Fund Direct Growth is 20.71 as on 14-Mar-2023.
Existing (Absolute + CAGR)
DSP Banking & PSU Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.38%
0.38%
6 Month Returns
2.44%
2.44%
1 Year Returns
4.02%
4.02%
3 Years Returns
18.52%
5.83%
5 Years Returns
39.87%
6.94%
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 February 2023
2464 Cr as on February 2023
Yield to Maturity is 7.56 as on February 2023. 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 1.88 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Vikram Chopra,Laukik Bagwe are the fund managers of DSP Banking & PSU Debt Fund Direct Growth
The Exit load of DSP Banking & PSU Debt Fund Direct Growth is 0%

Mutual Fund execution provided by

BSE Star MF

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.