DSP Bond Fund Direct Growth

DSP Bond Fund Direct Growth

NAV as on 28-03-2025

₹ 84.82

0.2%

1D

Inception Returns

7.1%

/yr

Historical NAV & Returns

Absolute

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

About DSP Bond Fund Direct Growth

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

Key Parameters

  1. DSP Bond Fund Direct Growth has ₹303 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 Bond Fund Direct Growth has given a CAGR return of 7.09% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.81%, 6.91% and 6.62% respectively.

Holdings

DSP Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Industrial, Cash Equivalent. Its top holdings are 7.17% Govt Stock 2030, Indian Railway Finance Corporation Limited, LIC Housing Finance Limited, Small Industries Development Bank Of India, National Bank For Agriculture And Rural Development

Taxation

As it is a medium duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of DSP Bond Fund Direct Growth

The primary investment objective of the Scheme is to seek to generate an attractive return, consistent with prudent risk, from a portfolio which is substantially constituted of high quality debt securities, predominantly of issuers domiciled in India. This shall be the fundamental attribute of the Scheme. As a secondary objective, the Scheme will seek capital appreciation. The Scheme will also invest a certain portion of its corpus in money market securities, in order to meet liquidity requirements from time to time. There is no assurance that the investment objective of the Scheme 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 Bond Fund Direct Growth has no lock in period.

DSP Bond Fund Direct Growth Overview

Expense ratio0.4%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹303 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
170.94%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderately High risk

Trailing Returns

as on (28-Mar-25)

Period
DSP Bond Fund Direct Growth
Medium Duration Index
1M
1.5%
0.4%
3M
2.8%
1.6%
6M
4.2%
3%
1Y
8.8%
7.2%
3Y
6.9%
6.4%
5Y
6.6%
6.7%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.3%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
58.1%
Government
39.4%
Cash Equivalent
2.5%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 302.8 Cr
₹ 305.8 Cr
₹ 375.4 Cr
  • AUM of the fund stands at 302.8 Cr as of Feb'25
  • AUM decreased by 3 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Bajaj Finance Limited's allocation increased from 5.26% to 7.06%
Bajaj Finance Limited's allocation increased from 5.26% to 7.06%
Indian Oil Corporation Limited's allocation increased from 5.26% to 6.92%
Indian Oil Corporation Limited's allocation increased from 5.26% to 6.92%
Indian Railway Finance Corporation Limited's allocation increased from 5.26% to 6.89%
Indian Railway Finance Corporation Limited's allocation increased from 5.26% to 6.89%
Top Stocks sold last month
Bajaj Housing Finance Limited's allocation decreased from 7.32 % to 7.1 %
Bajaj Housing Finance Limited's allocation decreased from 7.32 % to 7.1 %
LIC Housing Finance Limited's allocation decreased from 7.17 % to 6.86 %
LIC Housing Finance Limited's allocation decreased from 7.17 % to 6.86 %
Debt allocation has gone down from 82.5% to 81.4%
Debt allocation has gone down from 82.5% to 81.4%
Cash allocation has gone up from 17.2% to 18.3%
Cash allocation has gone up from 17.2% to 18.3%

Top 3 Sectors in February were Financial Services, Corporate & Government

Feb'25
Financial Services
82%
Corporate
58%
Government
39%
Jan'25
Financial Services
82%
Corporate
58%
Government
41%
  • Debt & Cash

Holdings
Weight%
1M Change
7.17% Govt Stock 2030
7.17% Govt Stock 2030
13.88%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
8.65%
0%
LIC Housing Finance Limited
LIC Housing Finance Limited
8.62%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
8.56%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
8.46%
0%
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Karan Mundhra
Karan Mundhra
Fund Manager of DSP Bond Fund Direct Growth, since 1 May 2021
Vivek Ramakrishnan
Vivek Ramakrishnan
Fund Manager of DSP Bond Fund Direct Growth, since 17 July 2021
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has experienced a 20.2% drop in AUM moving from 379.57 Cr to 302.96 Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.4% which is lower than the category average expense ratio of 0.89%.
Insights icon
In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 14.51% return, outperforming this fund by 7.61% per annum.
Insights icon
In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 12.87% return, outperforming this fund by 6.25% per annum.
Insights icon
In the last 1 year, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.85% return, outperforming this fund by 5.04%.

DSP Bond Fund Direct Growth 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 7.09% since inception which is more than its category average return of 6.3%
AUM size ₹303 Cr

AUM size ₹303 Cr

This fund has AUM of ₹303 Cr which is less than its category average of ₹ 1637 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 1.06%

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1Y CAGR

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5Y CAGR

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Frequently Asked Questions for DSP Bond Fund Direct Growth

The current NAV of DSP Bond Fund Direct Growth is ₹84.82 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
DSP Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.52%
1.52%
6 Month Returns
4.2%
4.2%
1 Year Returns
8.81%
8.81%
3 Years Returns
22.18%
6.91%
5 Years Returns
37.79%
6.62%
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 March 2025
₹303 Cr as on March 2025
7.17% Govt Stock 2030(13.88%), Indian Railway Finance Corporation Limited(8.65%), LIC Housing Finance Limited(8.62%), Small Industries Development Bank Of India(8.56%), National Bank For Agriculture And Rural Development(8.46%) as on March 2025
Corporate(58.41%), Government(39.59%), Cash Equivalent(2.01%) as on March 2025
Yield to Maturity is 7.36 as on March 2025. 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 3.22 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Karan Mundhra, Vivek Ramakrishnan are the fund managers of DSP Bond Fund Direct Growth
The Exit load of DSP Bond Fund Direct Growth is 0%