DSP Corporate Bond Direct Growth
Debt
Direct
Corporate Bond
NAV: ₹ 14.8 as on 16-05-2024
About the Fund
DSP Corporate Bond Direct Growth is a debt fund. This fund was started on 10 September, 2018. The fund is managed by Vivek Ramakrishnan, Laukik Bagwe. This fund is suitable to keep your money safe.
Key Parameters
- DSP Corporate Bond Direct Growth has ₹2617 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.
Fund Performance
36 people have invested ₹ 57.2K in DSP Corporate Bond Direct Growth in the last three months
Overview
 | 0.28% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹2617 Cr |
 | 10 September, 2018 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 42.92% |
DSP Corporate Bond Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
56.5%
Government
43.1%
Cash Equivalent
0.5%
Top Holdings of DSP Corporate Bond Direct Growth as on (30-Apr-24)
Debt Holdings47
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38% Govt Stock 2027 | 11.44% | 0% | |
Indian Oil Corporation Limited | 6.54% | 0% | |
National Bank For Agriculture And Rural Development | 5.11% | 0% | |
LIC Housing Finance Ltd | 4.7% | 0% | |
Bajaj Housing Finance Ltd. | 4.08% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.6K Cr as of Apr'24
- AUM decreased by 0.8 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.66% return, outperforming this fund by 1.09%.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.22% return, outperforming this fund by 1.5% per annum.
Over the last 3 months, this fund has increased expense ratio by 12.0% moving from 0.25 to 0.28.
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.28% which is lower than the category average expense ratio of 0.49%.
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has given 7.81% return, outperforming this fund by 1.32% per annum.
Peer Analysis
Fund Manager
Vivek Ramakrishnan
Fund Manager of DSP Corporate Bond Direct Growth, since 17 July 2021
Top funds managed
Laukik Bagwe
Fund Manager of DSP Corporate Bond Direct Growth, since 1 July 2023
Top funds managed
DSP Corporate Bond Direct Growth 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 7.13% since inception which is more than its category average return of 5.47%
AUM size ₹2617 Cr
This fund has AUM of ₹2617 Cr which is less than its category average of ₹ 6116 Cr
Expense Ratio 0.28%
This fund has an expense ratio of 0.28% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of DSP Corporate Bond Direct Growth is ₹14.8 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
DSP Corporate Bond Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 3.76% | 3.76% |
1 Year Returns | 6.58% | 6.58% |
3 Years Returns | 14.84% | 4.72% |
5 Years Returns | 36.95% | 6.49% |
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.
0.28% as on April 2024
₹2617 Cr as on April 2024
7.38% Govt Stock 2027(11.44%), Indian Oil Corporation Limited(6.54%), National Bank For Agriculture And Rural Development(5.11%), LIC Housing Finance Ltd(4.7%), Bajaj Housing Finance Ltd.(4.08%) as on April 2024
Corporate(56.46%), Government(43.08%), Cash Equivalent(0.46%) as on April 2024
Yield to Maturity is 7.64 as on April 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 2.43 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Vivek Ramakrishnan, Laukik Bagwe are the fund managers of DSP Corporate Bond Direct Growth
The Exit load of DSP Corporate Bond Direct Growth is 0%