DSP Credit Risk Fund Direct Plan Growth
Debt
Direct
Credit Risk
NAV: ₹ 36.6 as on 27-03-2023
Fund Performance
4 people have invested ₹ 5K in mutual fund in the last three months
Fund Insights
In the last 1 year, Bank of India Credit Risk Fund Direct Growth has given 131.01% return, outperforming DSP Credit Risk Fund Direct Plan Growth by 120.1%
In the last 3 years, Bank of India Credit Risk Fund Direct Growth has given 12.36% return, outperforming DSP Credit Risk Fund Direct Plan Growth by 6.15% per annum
In the last 5 years, ICICI Prudential Credit Risk Fund Direct Plan Growth has given 8.11% return, outperforming DSP Credit Risk Fund Direct Plan Growth by 3.69% per annum
DSP Credit Risk Fund Direct Plan Growth has one of the lowest expense ratio in the category (credit risk). Its expense ratio is 0.38% which is lower than the category average expense ratio of 1.24%
DSP Credit Risk Fund Direct Plan Growth Performance as on (27-Mar-23)
About the Fund
DSP Credit Risk Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Laukik Bagwe, Vivek Ramakrishnan. This fund is suitable to keep your money safe.
Key parameters
1) DSP Credit Risk Fund Direct Plan Growth has a NAV of ₹36.5502 as on 27-03-2023.
2) DSP Credit Risk Fund Direct Plan Growth has ₹204 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 0.38 %.
DSP Credit Risk Fund Direct Plan Growth Overview
 | 0.38% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹204 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 80.36% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AA
75.7%
AAA
24.3%
Sector Allocation
Corporate
66.7%
Government
21.3%
Cash Equivalent
12%
Top Holdings of DSP Credit Risk Fund Direct Plan Growth as on (28-Feb-23)
Debt Holdings14
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 13.7% | 0% | |
TATA Motors Limited | 9.63% | -25% | |
Piramal Capital & Housing Finance Limited | 9.43% | -25% | |
Treps / Reverse Repo Investments / Corporate Debt Repo | 9.38% | 0% | |
Nuvoco Vistas Corporation Limited | 9.29% | 0% |
See all
DSP Credit Risk Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.30% whereas the fund’s underlying benchmark Credit Risk Index returns stands at 0.31% as on Feb'23
- This fund underperformed Credit Risk Index by 0.01% in Feb'23
AUM Change
- AUM of the fund stands at 210.5 Cr as of Feb'23
- AUM decreased by 17.9 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
The Tata Power Company Limited's allocation increased from 2.36% to 7.15%
Piramal Capital & Housing Finance Limited's allocation increased from 9.06% to 9.43%
TATA Motors Limited's allocation increased from 9.28% to 9.63%
Debt allocation has gone down from 89.8% to 88%
Cash allocation has gone up from 10.2% to 12%
Top 2 Sectors in February were Corporate, Government
Feb'23
Corporate
67%
Government
21%
Jan'23
Corporate
68%
Government
22%
Peer Analysis
DSP Credit Risk Fund Direct Plan Growth Fund Manager
Laukik Bagwe
Fund Manager of DSP Credit Risk Fund Direct Plan Growth, since 17 July 2016
Top funds managed
Vivek Ramakrishnan
Fund Manager of DSP Credit Risk Fund Direct Plan Growth, since 17 July 2021
Top funds managed
Fund 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 5.21%
AUM size ₹204 Cr
This fund has AUM of ₹204 Cr which is less than its category average of ₹ 1321 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 1.17%
Frequently Asked Questions
The current NAV of DSP Credit Risk Fund Direct Plan Growth is 36.55 as on 27-Mar-2023.
Existing (Absolute + CAGR)
DSP Credit Risk Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.63% | 0.63% |
6 Month Returns | 3.32% | 3.32% |
1 Year Returns | 10.91% | 10.91% |
3 Years Returns | 19.81% | 6.21% |
5 Years Returns | 24.13% | 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.
0.38 as on February 2023
204 Cr as on February 2023
Yield to Maturity is 7.95 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 1.64 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA | 75.75 |
AAA | 24.25 |
Laukik Bagwe,Vivek Ramakrishnan are the fund managers of DSP Credit Risk Fund Direct Plan Growth
The Exit load of DSP Credit Risk Fund Direct Plan Growth is 1%