DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl

Debt
Direct
Corporate Bond
DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl

About the Fund

DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl 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

  1. DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl has ₹2620 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 Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl has given a CAGR return of 5.48% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -0.56%, 2.35% and 4.42% respectively.

Holdings

DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.38% Govt Stock 2027, Indian Oil Corporation Limited, National Bank For Agriculture And Rural Development, LIC Housing Finance Ltd, Small Industries Development Bank Of India

Taxation

As it is a corporate 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 Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl

The primary investment objective of the Scheme is to seek to generate regular income and capital appreciation commensurate with risk from a portfolio predominantly investing in corporate debt securities across maturities which are rated AA+ and above, in addition to debt instruments issued by central and state governments and money market securities. However, there can be no assurance that the investment objective of the scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 0.00. DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.28%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹2620 Cr
Inception Date10 September, 2018
Min Lumpsum/SIP₹100/--
Exit Load0%
Lock InNo Lock-in
TurnOver
42.92%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
59.6%
Government
39.8%
Cash Equivalent
0.6%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
14.91%
29.3%
Indian Oil Corporation Limited
Indian Oil Corporation Limited
6.58%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
5.14%
0%
LIC Housing Finance Ltd
LIC Housing Finance Ltd
4.72%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.01%
0%

Laukik Bagwe
Laukik Bagwe
Fund Manager of DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl, since 1 July 2023
Vivek Ramakrishnan
Vivek Ramakrishnan
Fund Manager of DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl, since 17 July 2021

DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl 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 5.48% since inception which is less than its category average return of 5.48%
AUM size ₹2620 Cr

AUM size ₹2620 Cr

This fund has AUM of ₹2620 Cr which is less than its category average of ₹ 6125 Cr
Expense Ratio 0.28%

Expense Ratio 0.28%

This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions

The current NAV of DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl is ₹11.33 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.69%
0.69%
6 Month Returns
-3.18%
-3.18%
1 Year Returns
-0.56%
-0.56%
3 Years Returns
7.2%
2.35%
5 Years Returns
24.14%
4.42%
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.
0.28% as on May 2024
₹2620 Cr as on May 2024
7.38% Govt Stock 2027(14.91%), Indian Oil Corporation Limited(6.58%), National Bank For Agriculture And Rural Development(5.14%), LIC Housing Finance Ltd(4.72%), Small Industries Development Bank Of India(4.01%) as on May 2024
Corporate(59.57%), Government(39.83%), Cash Equivalent(0.61%) as on May 2024
Yield to Maturity is 7.66 as on May 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 2.34 as on May 2024. 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 Reinvestment of Income Dist cum Cap Wdrl
The Exit load of DSP Corporate Bond Direct Reinvestment of Income Dist cum Cap Wdrl is 0%