Fund Performance
Lumpsum
SIP
6.36
as on 24 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,031 today.
NAV Performance
Fund Information
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₹ 20.192
as on 24 Mar 2023 -
Regular - Growth
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11 / 19
-
₹ 500
-
₹ 3,143 Cr.
as on 31 Dec 2021 -
0.58%
-
14 Sep 2013
-
CRISIL 10 Year Gilt Index
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DSP Mutual Fund
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Highlights of this fund
DSP Banking And PSU Debt Fund is an Open-ended Debt Fund. The fund belongs to Banking and PSU Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 14 Sep 2013. This fund is offered by one of the top AMC (Assets Management Company) DSP Mutual Fund. You can also view here all other Debt funds offered by DSP Mutual Fund.
Latest NAV of the fund is ₹ 20.192 as on 24 Mar 2023.
This fund has 9 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.58%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
To generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings.
List of Fund Managers of DSP Banking And PSU Debt Fund
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About Vikram Chopra
Vikram joins us from L&T Investment Management and brings with him over 14 years of investment experience. He has also previously worked with Fidelity, IDBI Bank and Axis Bank Ltd.
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About Laukik Bagwe
Laukik is Fund Manager with the Fixed Income Investment team of DSP Investment managers. He joined the firm in November 2007 as a Fixed Income Dealer. From November 2003 to October 2007, Laukik worked with Derivium Capital & Securities Pvt. Ltd. as the Head of Fixed Income Trading – SLR & NONSLR Broking. From June 2000 to October 2003, he worked with Birla Sunlife Securities Ltd. as a Manager – SLR & NONSLR Broking. He brings with him a total work experience of 11 years in debt broking and is currently the fund manager for the following schemes of DSP Mutual Fund.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.34% | 0.85% | 1.55% | 3.45% | 10.80% | 7.15% | 7.95% | 7.62% | 8.20% | 7.73% | 8.04% | 7.26% | 6.53% | 7.26% |
| Category Average | 0.24% | 0.69% | 1.40% | 3.05% | 4.15% | 4.20% | 6.35% | 6.61% | 7.28% | 5.43% | 4.29% | 4.41% | 5.73% | 6.60% |
| DSP Banking And PSU Debt Fund | 0.25%₹ 10,025 | 0.78%₹ 10,077 | 1.51%₹ 10,150 | 3.05%₹ 10,304 | 3.91%₹ 10,390 | 5.26%₹ 12,337 | 3.90%₹ 10,794 | 4.08%₹ 25,024 | 6.36%₹ 12,031 | 4.22%₹ 38,385 | 6.66%₹ 13,811 | 5.72%₹ 69,326 | - | - |
| ICICI Prudential Banking And PSU Debt Fund | 0.14%₹ 10,013 | 0.52%₹ 10,051 | 1.50%₹ 10,150 | 3.08%₹ 10,308 | 5.28%₹ 10,528 | 6.05%₹ 12,386 | 4.88%₹ 10,999 | 5.01%₹ 25,258 | 6.69%₹ 12,142 | 5.09%₹ 38,891 | 6.67%₹ 13,815 | 6.11%₹ 70,000 | 7.83%₹ 21,269 | 7.10%₹ 1,72,930 |
| Aditya Birla Sun Life Banking & PSU Debt Fund | 0.21%₹ 10,021 | 0.57%₹ 10,057 | 1.45%₹ 10,145 | 3.05%₹ 10,305 | 4.23%₹ 10,423 | 5.40%₹ 12,345 | 4.48%₹ 10,916 | 4.42%₹ 25,109 | 6.66%₹ 12,134 | 4.62%₹ 38,616 | 6.94%₹ 13,988 | 6.02%₹ 69,847 | 8.20%₹ 22,014 | 7.26%₹ 1,74,385 |
| Kotak Banking And PSU Debt Fund | 0.17%₹ 10,017 | 0.67%₹ 10,067 | 1.38%₹ 10,137 | 3.21%₹ 10,320 | 4.33%₹ 10,433 | 5.65%₹ 12,361 | 4.65%₹ 10,951 | 4.55%₹ 25,141 | 6.56%₹ 12,100 | 4.70%₹ 38,666 | 7.07%₹ 14,073 | 6.12%₹ 70,030 | - | - |
| L&T Banking And PSU Debt Fund | 0.27%₹ 10,027 | 0.82%₹ 10,082 | 1.37%₹ 10,137 | 3.25%₹ 10,325 | 1.99%₹ 10,199 | 4.74%₹ 12,303 | 3.06%₹ 10,621 | 3.07%₹ 24,769 | 5.90%₹ 11,876 | 3.40%₹ 37,913 | 6.06%₹ 13,421 | 5.01%₹ 68,095 | 7.02%₹ 19,726 | 6.30%₹ 1,65,814 |
| HDFC Banking And PSU Debt FunD-2014 | 0.22%₹ 10,022 | 0.58%₹ 10,057 | 1.44%₹ 10,143 | 2.94%₹ 10,294 | 3.97%₹ 10,397 | 5.28%₹ 12,338 | 4.26%₹ 10,870 | 4.21%₹ 25,056 | 6.53%₹ 12,089 | 4.48%₹ 38,537 | 6.70%₹ 13,833 | 5.90%₹ 69,629 | - | - |
Portfolio Holdings
Top Debt Instrument Type holdings of DSP Banking And PSU Debt Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 43.26% | ₹ 1,324.82 Cr. |
| CD | 22.51% | ₹ 689.25 Cr. |
| CP | 16.25% | ₹ 497.20 Cr. |
| GOI | 6.68% | ₹ 204.53 Cr. |
| Others | 11.30% | - |
Top Debt Holdings of DSP Banking And PSU Debt Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Axis Bank Ltd. | 9.64% | ₹ 295.22 Cr. |
| Bond - HDFC Bank Ltd. | 9.61% | ₹ 294.34 Cr. |
| Bond - National Thermal Power Corporation Ltd. | 9.03% | ₹ 276.60 Cr. |
| Bond - National Housing Bank | 8.07% | ₹ 247.02 Cr. |
| Bond - Govt of India | 6.68% | ₹ 204.53 Cr. |
| Others | 56.97% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 11.29% |
| Net Receivables | 0.01% |