DSP Government Securities Fund Direct Plan Growth
DSP Government Securities Fund Direct Plan Growth

DSP Government Securities Fund Direct Plan Growth

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Debt
Direct
Government Bond

NAV: ₹ 83.5 as on 24-03-2023

Fund Performance
zero opening, trading, fund transfer fee
270 people have invested ₹ 23.4L in mutual fund in the last three months

Fund Insights

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In the last 1 year, ICICI Prudential Gilt Fund Direct Plan Growth has given 6.31% return, outperforming DSP Government Securities Fund Direct Plan Growth by 1.52%

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In the last 3 years, Edelweiss Government Securities Fund Direct Growth has given 7.02% return, outperforming DSP Government Securities Fund Direct Plan Growth by 0.82% per annum

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In the last 5 years, DSP Government Securities Fund Direct Plan Growth has outperformed all funds in its category

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DSP Government Securities Fund Direct Plan Growth expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.54% which is lower than the category average expense ratio of 0.78%

DSP Government Securities Fund Direct Plan Growth Performance as on (24-Mar-23)

Return
1M
3M
6M
1Y
3Y
5Y
DSP Government Securities Fund Direct Plan Growth
1.1%
1.7%
3.5%
4.8%
6.2%
8.6%
Government Bond Index
1.1%
1.5%
3.4%
3.9%
4.9%
6.4%

About the Fund

DSP Government Securities Fund Direct Plan Growth is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Laukik Bagwe, Vikram Chopra. This fund is suitable to keep your money safe.

Key parameters

1) DSP Government Securities Fund Direct Plan Growth has a NAV of 83.5089 as on 24-03-2023.

2) DSP Government Securities Fund Direct Plan Growth has 433 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 0.54 %.

DSP Government Securities Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.54%
Benchmark
Benchmark
ICICI Securities Mibex TR INR
AUM
AUM
₹433 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
2157.3%

Fund Distribution as on (28-Feb-23)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Feb'23

Jan'23

Dec'22

Government

68.9%

Cash Equivalent

31.1%

Top Holdings of DSP Government Securities Fund Direct Plan Growth as on (28-Feb-23)

  • Debt & Cash

Debt Holdings6
Holdings
Weight%
Holdings Trend
1M Change
7.26 8/22/2032 12:00:00 Am
7.26 8/22/2032 12:00:00 Am
36.21%
-16.7%
7.38 6/20/2027 12:00:00 Am
7.38 6/20/2027 12:00:00 Am
35.69%
-33.3%
Treps / Reverse Repo Investments / Corporate Debt Repo
Treps / Reverse Repo Investments / Corporate Debt Repo
28.3%
0%
7.1 4/18/2029 12:00:00 Am
7.1 4/18/2029 12:00:00 Am
11.86%
-50%
7.42 9/22/2033 12:00:00 Am
7.42 9/22/2033 12:00:00 Am
10.81%
0%

DSP Government Securities Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
0.14%
0.35%
0.25%
Government Bond Index
0.00%
0.36%
0.23%
  • This fund’s returns stands at 0.14% whereas the fund’s underlying benchmark Government Bond Index returns stands at 0.00% as on Feb'23
  • This fund outperformed Government Bond Index by 0.14% in Feb'23

AUM Change

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 430.2 Cr
₹ 420.9 Cr
₹ 415.5 Cr
  • AUM of the fund stands at 430.2 Cr as of Feb'23
  • AUM increased by 9.2 Cr between Feb'23 and Jan'23

Fund Portfolio Changes

Cash allocation has gone down from 34.8% to 31.1%
Cash allocation has gone down from 34.8% to 31.1%
Debt allocation has gone up from 65.2% to 68.9%
Debt allocation has gone up from 65.2% to 68.9%

Top Sector in February was Government

Feb'23
Government
69%
Jan'23
Government
61%

DSP Government Securities Fund Direct Plan Growth Fund Manager

Laukik Bagwe

Laukik Bagwe

Fund Manager of DSP Government Securities Fund Direct Plan Growth, since 17 July 2021
Vikram Chopra

Vikram Chopra

Fund Manager of DSP Government Securities Fund Direct Plan Growth, since 17 July 2016

Fund Highlights

Risk meter
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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 8.11% since inception which is more than its category average return of 6.39%
AUM size ₹433 Cr

AUM size ₹433 Cr

This fund has AUM of ₹433 Cr which is less than its category average of ₹ 816 Cr
Expense Ratio 0.54%

Expense Ratio 0.54%

This fund has an expense ratio of 0.54% which is less than its category average expense ratio of 0.93%

Frequently Asked Questions

The current NAV of DSP Government Securities Fund Direct Plan Growth is 83.51 as on 24-Mar-2023.
Existing (Absolute + CAGR)
DSP Government Securities Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.09%
1.09%
6 Month Returns
3.53%
3.53%
1 Year Returns
4.79%
4.79%
3 Years Returns
19.8%
6.21%
5 Years Returns
51.14%
8.61%
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.
0.54 as on February 2023
433 Cr as on February 2023
Yield to Maturity is 7.39 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 3.07 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Laukik Bagwe,Vikram Chopra are the fund managers of DSP Government Securities Fund Direct Plan Growth
The Exit load of DSP Government Securities Fund Direct Plan Growth is 0%