DSP Government Securities Fund Direct Plan Growth
Debt
Direct
Government Bond
NAV: ₹ 83.5 as on 24-03-2023
Fund Performance
270 people have invested ₹ 23.4L in mutual fund in the last three months
Fund Insights
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%
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
In the last 5 years, DSP Government Securities Fund Direct Plan Growth has outperformed all funds in its category
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)
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
 | 0.54% |
 Benchmark | ICICI Securities Mibex TR INR |
 | ₹433 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 2157.3% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
Government
68.9%
Cash Equivalent
31.1%
Top Holdings of DSP Government Securities Fund Direct Plan Growth as on (28-Feb-23)
Debt Holdings6
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.26 8/22/2032 12:00:00 Am | 36.21% | -16.7% | |
7.38 6/20/2027 12:00:00 Am | 35.69% | -33.3% | |
Treps / Reverse Repo Investments / Corporate Debt Repo | 28.3% | 0% | |
7.1 4/18/2029 12:00:00 Am | 11.86% | -50% | |
7.42 9/22/2033 12:00:00 Am | 10.81% | 0% |
See all
DSP Government Securities Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at 0.14% 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
- 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%
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%
Peer Analysis
DSP Government Securities Fund Direct Plan Growth Fund Manager
Laukik Bagwe
Fund Manager of DSP Government Securities Fund Direct Plan Growth, since 17 July 2021
Top funds managed
Vikram Chopra
Fund Manager of DSP Government Securities Fund Direct Plan Growth, since 17 July 2016
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 8.11% since inception which is more than its category average return of 6.39%
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%
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%