DSP Corporate Bond Fund Direct Growth
Debt
Direct
Corporate Bond
NAV as on 22-11-2024
₹ 15.42
Inception Returns
7.2%
/yr
About DSP Corporate Bond Fund Direct Growth
DSP Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 10 September, 2018. The fund is managed by Laukik Bagwe, Vivek Ramakrishnan. This fund is suitable to keep your money safe.
Key Parameters
- DSP Corporate Bond Fund Direct Growth has ₹2511 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 Corporate Bond Fund Direct Growth has given a CAGR return of 7.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.13%, 5.54% and 5.97% respectively.
Holdings
DSP Corporate Bond Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.38% Govt Stock 2027, Indian Oil Corporation Limited, National Bank For Agriculture And Rural Development, LIC Housing Finance Ltd, Bajaj Housing Finance Ltd.
Taxation
As it is a corporate 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 Corporate Bond Fund Direct Growth
The primary investment objective of the Scheme is to seek to generate regular income and capital appreciation commensurate with risk from a portfolio predominantly investing in corporate debt securities across maturities which are rated AA+ and above, in addition to debt instruments issued by central and state governments and money market securities. However, there can be 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 Corporate Bond Fund Direct Growth has no lock in period.
Historical NAV & Returns
DSP Corporate Bond Fund Direct Growth Overview
| Expense ratio | 0.28% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹2511 Cr |
| Inception Date | 10 September, 2018 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 31.32% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 2.5K Cr as of Oct'24
- AUM increased by 19.4 Cr between Oct'24 and Sep'24
Top 2 Sectors in October were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38% Govt Stock 2027 | 13.52% | 0% | |
Indian Oil Corporation Limited | 7.13% | 0% | |
National Bank For Agriculture And Rural Development | 5.22% | 0% | |
LIC Housing Finance Ltd | 5.12% | 0% | |
Bajaj Housing Finance Ltd. | 4.13% | 0% |
Mutual Fund Insights
DSP Corporate Bond Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹2511 Cr
Expense Ratio 0.28%
Frequently Asked Questions for DSP Corporate Bond Fund Direct Growth
DSP Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 4.12% | 4.12% |
1 Year Returns | 8.13% | 8.13% |
3 Years Returns | 17.56% | 5.54% |
5 Years Returns | 33.61% | 5.97% |
- 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 |