March 13, 2024
mayank
DSP Banking & PSU Debt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 22.4121
Weekly NAV IDCW: Rs 10.1801
Quarterly NAV IDCW: Rs 10.4165
Monthly NAV IDCW: Rs 10.3106
NAV IDCW: Rs 10.9753
Suitable For Which Investors?
“Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The Scheme seeks 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.
Fund Manager:
1) Karan Mundhra
Education: Mr. Mundra is a B. COM. and Charted Accountant (CA)
Experience: He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.
2) Shantanu Godambe
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 14-Sep-13 |
| Return Since Launch | 7.99% |
| Benchmark | Nifty Banking & PSU Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 2,365 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.32% |
| (As on 31-Jan-2024) | |
| Risk Grade | Above Average |
| Return Grade | Average |
Trailing Returns (%) of DSP Banking & PSU Debt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Banking & PSU Debt Dir | 2.25 | 0.01 | 0.92 | 2.97 | 4.25 | 8.45 | 5.55 | 7.07 | 7.08 | 7.86 |
| CCIL T Bill Liquidity Weight | 0.91 | 0.01 | 0.38 | 1.23 | 2.31 | 4.8 | 3.2 | 3.29 | 3.52 | 4.03 |
| Debt: Banking and PSU | 1.8 | 0.01 | 0.76 | 2.37 | 3.83 | 7.98 | 5.69 | 7 | 7.14 | 7.72 |
| Rank within category | 1 | 8 | 1 | 1 | 1 | 1 | 11 | 8 | 10 | 5 |
| Number of funds in category | 23 | 23 | 23 | 23 | 22 | 22 | 21 | 16 | 14 | 10 |
Peer Comparison of DSP Banking & PSU Debt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| DSP Banking & PSU Debt Dir | 3 star | 8.45 | 5.55 | 7.07 | 0.32 | 2,365 | 7.99 | — | 10Y 5M |
| Bandhan Banking & PSU Debt Dir | 4 star | 7.77 | 5.54 | 7.28 | 0.33 | 14,375 | 7.77 | — | 11Y |
| ABSL Banking & PSU Debt Dir | 4 star | 7.98 | 5.91 | 7.32 | 0.38 | 9,737 | 8.47 | — | 11Y 2M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 8.28 | 6.36 | 7.51 | 0.39 | 8,699 | 8.2 | — | 11Y 2M |
| HDFC Banking and PSU Debt Dir | 4 star | 8.15 | 5.82 | 7.30 | 0.39 | 6,068 | 7.98 | — | 9Y 11M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 29 | 52 |
| Macaulay Duration (yrs) | 4.59 | 3.09 |
| Average Maturity (yrs) | 7.14 | 4.70 |
| Yield to Maturity (%) | 7.65 | 7.65 |
| Avg Credit Rating | AAA | — |
How to Invest in DSP Banking & PSU Debt Fund?
Chanakya’s Mutual Fund Guidance For DSP Banking & PSU Debt Fund
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
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https://sahifund.com/category/nfos/
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https://t.me/chanakyaMFGuidance
Quicklinks
https://sahifund.com/aditya-birla-sun-life-banking-psu-debt-fund/