DSP Strategic Bond Fund Direct Growth

Debt
Direct
Dynamic Bond
DSP Strategic Bond Fund Direct Growth

About the Fund

DSP Strategic Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. DSP Strategic Bond Fund Direct Growth has ₹1149 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

DSP Strategic Bond Fund Direct Growth has given a CAGR return of 8.21% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.37%, 6.70% and 7.63% respectively.

Holdings

DSP Strategic Bond Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.34% Govt Stock 2064, 7.46% Govt Stock 2073, 7.25% Govt Stock 2063, 7.42 MP Gs 2045

Taxation

As it is a dynamic 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 Strategic Bond Fund Direct Growth

The primary investment objective of the Scheme is to seek to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities. There is no assurance that the investment objective of the Schemes will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Strategic Bond Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
132 people have invested ₹ 4.8L in DSP Strategic Bond Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.53%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹1149 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
1054.49%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%
Sector Allocation

Jun'24

May'24

Apr'24

Government
88.3%
Cash Equivalent
8%
Corporate
3.7%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.3% Govt Stock 2053
7.3% Govt Stock 2053
32.41%
-2%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
27.4%
117.6%
7.46% Govt Stock 2073
7.46% Govt Stock 2073
13.7%
-24.1%
7.25% Govt Stock 2063
7.25% Govt Stock 2063
6.26%
-41.7%
7.42 MP Gs 2045
7.42 MP Gs 2045
4.53%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
DSP Strategic Bond Fund Direct Growth
DSP Strategic Bond Fund Direct Growth
9.4%
6.7%
7.6%
8.2%
Bandhan Dynamic Bond Fund - Direct Plan - Growth
Bandhan Dynamic Bond Fund - Direct Plan - Growth
10.2%
6.2%
7.2%
8.6%
Kotak Dynamic Bond Direct Growth
Kotak Dynamic Bond Direct Growth
9.1%
6.7%
7.3%
8.8%
SBI Dynamic Bond Fund Direct Growth
SBI Dynamic Bond Fund Direct Growth
8.5%
6.9%
7.1%
8.3%
See all

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 31.6% growth in AUM moving from 873.38 Cr to 1.14K Cr.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 6.0% moving from 0.50 to 0.53.
Insights icon
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 11.41% return, outperforming this fund by 4.71% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.53% which is lower than the category average expense ratio of 1%.
Insights icon
In the last 1 year, Bandhan Dynamic Bond Fund - Direct Plan - Growth has given 10.19% return, outperforming this fund by 0.82%.
Insights icon
In the last 5 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 8.4% return, outperforming this fund by 0.77% per annum.

DSP Strategic Bond Fund Direct Growth 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 8.21% since inception which is more than its category average return of 5.9%
AUM size ₹1149 Cr

AUM size ₹1149 Cr

This fund has AUM of ₹1149 Cr which is less than its category average of ₹ 1494 Cr
Expense Ratio 0.53%

Expense Ratio 0.53%

This fund has an expense ratio of 0.53% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions

The current NAV of DSP Strategic Bond Fund Direct Growth is ₹3336.04 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
DSP Strategic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.46%
0.46%
6 Month Returns
6.29%
6.29%
1 Year Returns
9.37%
9.37%
3 Years Returns
21.48%
6.7%
5 Years Returns
44.42%
7.63%
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.
0.53% as on June 2024
₹1149 Cr as on June 2024
7.3% Govt Stock 2053(32.41%), 7.34% Govt Stock 2064(27.4%), 7.46% Govt Stock 2073(13.7%), 7.25% Govt Stock 2063(6.26%), 7.42 MP Gs 2045(4.53%) as on June 2024
Government(92.13%), Corporate(7.57%), Cash Equivalent(0.3%) as on June 2024
Yield to Maturity is 7.23 as on June 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 10.76 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
The Exit load of DSP Strategic Bond Fund Direct Growth is 0%