DSP Corporate Bond Direct Growth
Debt
Direct
Corporate Bond
NAV: ₹ 14.3 as on 06-12-2023
Fund Performance
40 people have invested ₹ 48.8K in DSP Corporate Bond Direct Growth in the last three months
Mutual Fund Insights
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 7.78% return, outperforming this fund by 1.07% per annum.
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.48%.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 5.68% return, outperforming this fund by 1.61% per annum.
In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.59% return, outperforming this fund by 1.29%.
About the DSP Corporate Bond Direct Growth
DSP Corporate Bond Direct Growth is a debt fund. This fund was started on 10 September, 2018. The fund is managed by Laukik Bagwe, Vivek Ramakrishnan. This fund is suitable to keep your money safe.
Key Parameters
- DSP Corporate Bond Direct Growth has ₹2560 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.
DSP Corporate Bond Direct Growth Overview
 | 0.25% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹2560 Cr |
 | 10 September, 2018 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 42.92% |
DSP Corporate Bond Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
52.3%
Government
47.1%
Cash Equivalent
0.6%
Top Holdings of DSP Corporate Bond Direct Growth as on (30-Nov-23)
Debt Holdings42
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38% Govt Stock 2027 | 12.13% | -19.2% | |
Indian Oil Corporation Limited | 6.87% | 0% | |
National Bank For Agriculture And Rural Development | 5.05% | 0% | |
LIC Housing Finance Limited | 4.96% | 0% | |
HDFC Bank Limited | 4.8% | 0% |
See all
DSP Corporate Bond Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.5K Cr as of Oct'23
- AUM decreased by 0.2 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Peer Analysis
DSP Corporate Bond Direct Growth Fund Manager
Laukik Bagwe
Fund Manager of DSP Corporate Bond Direct Growth, since 1 July 2023
Top funds managed
Vivek Ramakrishnan
Fund Manager of DSP Corporate Bond Direct Growth, since 17 July 2021
Top funds managed
DSP Corporate Bond Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.05% since inception which is more than its category average return of 5.43%
AUM size ₹2560 Cr
This fund has AUM of ₹2560 Cr which is less than its category average of ₹ 5747 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.58%
Frequently Asked Questions
The current NAV of DSP Corporate Bond Direct Growth is ₹14.29 as on 06-Dec-2023.
Existing (Absolute + CAGR) as on 06-Dec-2023.
DSP Corporate Bond Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.49% | 0.49% |
6 Month Returns | 2.43% | 2.43% |
1 Year Returns | 6.3% | 6.3% |
3 Years Returns | 12.71% | 4.07% |
5 Years Returns | 38.34% | 6.71% |
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.
0.25% as on November 2023
₹2560 Cr as on November 2023
7.38% Govt Stock 2027(12.13%), Indian Oil Corporation Limited(6.87%), National Bank For Agriculture And Rural Development(5.05%), LIC Housing Finance Limited(4.96%), HDFC Bank Limited(4.8%) as on November 2023
Corporate(52.72%), Government(44.82%), Cash Equivalent(2.45%) as on November 2023
Yield to Maturity is 7.77 as on November 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 2.74 as on November 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Laukik Bagwe, Vivek Ramakrishnan are the fund managers of DSP Corporate Bond Direct Growth
The Exit load of DSP Corporate Bond Direct Growth is 0%