DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl

DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl

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Debt
Direct
Credit Risk
NAV: ₹ 10.25 as on 13-06-2024

About the Fund

DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Vivek Ramakrishnan, Laukik Bagwe. This fund is suitable to keep your money safe.

Key Parameters

  1. DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl has ₹194 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl has given a CAGR return of 3.45% since inception. Over the last 1 year the fund has given a CAGR return of -0.08%.

Holdings

DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government. Its top holdings are Nuvoco Vistas Corporation Limited, Nirma Limited, 7.1% Govt Stock 2034, JSW Steel Limited, Godrej Industries Limited

Taxation

As it is a credit risk 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 Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl

An Open ended income Scheme, seeking to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹194 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
78.67%

DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AA
78%
AAA
22%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
79%
Government
15.6%
Cash Equivalent
5.4%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 193.8 Cr
₹ 195.2 Cr
₹ 195 Cr
  • AUM of the fund stands at 193.8 Cr as of Apr'24
  • AUM decreased by 1.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl as on (31-May-24)

  • Debt & Cash

Debt Holdings16
Holdings
Weight%
1M Change
Nuvoco Vistas Corporation Limited
Nuvoco Vistas Corporation Limited
8.12%
0%
Nirma Limited
Nirma Limited
7.9%
0%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
7.87%
0%
JSW Steel Limited
JSW Steel Limited
7.87%
0%
Godrej Industries Limited
Godrej Industries Limited
7.68%
0%

Fund Manager

Vivek Ramakrishnan
Vivek Ramakrishnan
Fund Manager of DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl, since 17 July 2021
Laukik Bagwe
Laukik Bagwe
Fund Manager of DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl, since 17 July 2016

DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 3.45% since inception which is less than its category average return of 5.27%
AUM size ₹194 Cr

AUM size ₹194 Cr

This fund has AUM of ₹194 Cr which is less than its category average of ₹ 1234 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions

The current NAV of DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl is ₹10.25 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.11%
-0.11%
6 Month Returns
-0.08%
-0.08%
1 Year Returns
-0.08%
-0.08%
3 Years Returns
-0.01%
-0%
5 Years Returns
7.24%
1.41%
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.
0.4% as on May 2024
₹194 Cr as on May 2024
Nuvoco Vistas Corporation Limited(8.12%), Nirma Limited(7.9%), 7.1% Govt Stock 2034(7.87%), JSW Steel Limited(7.87%), Godrej Industries Limited(7.68%) as on May 2024
Corporate(64.19%), Cash Equivalent(19.92%), Government(15.88%) as on May 2024
Yield to Maturity is 8.33 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 2.07 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
77.95
AAA
22.05
Vivek Ramakrishnan, Laukik Bagwe are the fund managers of DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl
The Exit load of DSP Credit Risk Fund Direct Plan Weekly Reinvestment of Income Dist cum Cap Wdrl is 1%