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 ₹957 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 8.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.41%, 6.61% and 8.71% 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, 7.46% Govt Stock 2073, 7.25% Govt Stock 2063, 7.34% Govt Stock 2064, 7.1% Govt Stock 2034

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
105 people have invested ₹ 13.6L 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₹957 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
1054.49%
Risk
Risk meter
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Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
94.2%
Corporate
4.5%
Cash Equivalent
1.3%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.3% Govt Stock 2053
7.3% Govt Stock 2053
26.44%
2%
7.46% Govt Stock 2073
7.46% Govt Stock 2073
18.03%
34.6%
7.25% Govt Stock 2063
7.25% Govt Stock 2063
13.91%
-12.9%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
12.2%
0%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
3.01%
100%

Mutual Fund Insights

Insights icon
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 11.18% return, outperforming this fund by 4.57% per annum.
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In the last 1 year, Bandhan Dynamic Bond Fund - Direct Plan - Growth has given 10.11% return, outperforming this fund by 0.71%.
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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%.
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Over the last 1 month, this fund has experienced a 6.1% drop in AUM moving from 1.01K Cr to 956.62 Cr.
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In the last 5 years, this fund has outperformed all funds in its category.
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Over the last 1 year, this fund has increased expense ratio by 8.2% moving from 0.49 to 0.53.

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 8.23% since inception which is more than its category average return of 5.9%
AUM size ₹957 Cr

AUM size ₹957 Cr

This fund has AUM of ₹957 Cr which is less than its category average of ₹ 1479 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 ₹3315.41 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
DSP Strategic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.78%
1.78%
6 Month Returns
6.41%
6.41%
1 Year Returns
9.41%
9.41%
3 Years Returns
21.18%
6.61%
5 Years Returns
51.8%
8.71%
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 May 2024
₹957 Cr as on May 2024
7.3% Govt Stock 2053(26.44%), 7.46% Govt Stock 2073(18.03%), 7.25% Govt Stock 2063(13.91%), 7.34% Govt Stock 2064(12.2%), 7.1% Govt Stock 2034(3.01%) as on May 2024
Government(94.21%), Corporate(4.49%), Cash Equivalent(1.3%) as on May 2024
Yield to Maturity is 7.34 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 11.27 as on May 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%