DSP Bond Fund Direct Growth
Debt
Direct
Medium Duration
NAV as on 19-11-2024
₹ 82.06
Inception Returns
7%
/yr
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 Vivek Ramakrishnan, Karan Mundhra. This fund is suitable to keep your money safe.
Key Parameters
- DSP Bond Fund Direct Growth has ₹376 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
DSP Bond Fund Direct Growth has given a CAGR return of 7.01% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.38%, 6.12% and 6.47% respectively.
Holdings
DSP Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Industrial, Cash Equivalent. Its top holdings are Power Finance Corp Ltd., Export-Import Bank of India, Bajaj Housing Finance Limited, Bajaj Finance Limited, LIC Housing Finance Limited
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: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 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.
Historical NAV & Returns
DSP Bond Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹376 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 170.94% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 376.1 Cr as of Oct'24
- AUM increased by 1.5 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Power Finance Corp Ltd. | 7.06% | 0% | |
Export-Import Bank of India | 7.03% | 0% | |
Bajaj Housing Finance Limited | 6.99% | 0% | |
Bajaj Finance Limited | 6.96% | 0% | |
LIC Housing Finance Limited | 6.94% | 0% |
Mutual Fund Insights
DSP Bond Fund Direct Growth Highlights
Moderately High risk
About the fund
AUM size ₹376 Cr
Expense Ratio 0.3%
Frequently Asked Questions for DSP Bond Fund Direct Growth
DSP Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.44% | 0.44% |
6 Month Returns | 4.41% | 4.41% |
1 Year Returns | 8.38% | 8.38% |
3 Years Returns | 19.49% | 6.12% |
5 Years Returns | 36.83% | 6.47% |
- 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.
AAA | 100 |