DSP Banking & PSU Debt Fund Direct Growth
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 Karan Mundhra. This fund is suitable to keep your money safe.
Key Parameters
- DSP Banking & PSU Debt Fund Direct Growth has ₹2446 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 7.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.69%, 5.68% and 6.79% respectively.
Holdings
DSP Banking & PSU Debt Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, National Bank For Financing Infrastructure And Development, Small Industries Development Bank Of India, HDFC Bank Limited, State Bank Of India
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: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 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.
Fund Overview
| Expense ratio | 0.32% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹2446 Cr |
| Inception Date | 14 September, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 473.02% |
| Risk |   Low to Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.3% Govt Stock 2053 | 12.05% | 0% | |
National Bank For Financing Infrastructure And Development | 6.17% | 0% | |
Small Industries Development Bank Of India | 5.42% | 0% | |
HDFC Bank Limited | 5.16% | 0% | |
State Bank Of India | 4.82% | 0% |
Mutual Fund Insights
DSP Banking & PSU Debt Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹2446 Cr
Expense Ratio 0.32%
Frequently Asked Questions
DSP Banking & PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 4.58% | 4.58% |
1 Year Returns | 7.69% | 7.69% |
3 Years Returns | 18.03% | 5.68% |
5 Years Returns | 38.9% | 6.79% |
- 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.
AAA | 100 |