May 3, 2025
mayank
DSP Banking & PSU Debt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 24.8400
Weekly NAV IDCW: Rs 10.1716
Quarterly NAV IDCW: Rs 10.4817
NAV IDCW: Rs 10.4754
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) Sandeep Yadav
Education: Mr. Yadav is a Computer Engineer (Pune University), PGDBM (IIM Bangalore) and a CFA chartered holder.
Experience: Prior to joining DSP, he has worked with Cognizant Technologies, Hughes Services and Mahindra British Telecom.
2) Shantanu Godambe
Education: Mr. Godambehas done B.Com, MS (Finance) and CFA
Experience: Prior to joining DSP Mutual Fund, he has worked with Yes Bank, Prebon Yamane and ICAP India Private Limited
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 of DSP Banking & PSU Debt Fund
| Fund House | DSP Mutual Fund |
| Launch Date | 14-Sep-13 |
| Return Since Launch | 8.13% |
| Benchmark | Nifty Banking & PSU Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 3,409 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.33% |
| (As on 31-Mar-2025) | |
| Risk Grade | Above Average |
| Return Grade | Above 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 | 4.05 | 0.05 | 1.11 | 3.46 | 5.03 | 10.39 | 7.57 | 6.84 | 7.63 | 7.7 |
| CCIL T Bill Liquidity Weight | 1.9 | 0.02 | 0.57 | 1.42 | 2.55 | 5.14 | 4.32 | 3.44 | 3.7 | 3.94 |
| Debt: Banking and PSU | 3.84 | 0.04 | 1.08 | 3.17 | 4.96 | 9.64 | 7.41 | 6.87 | 7.5 | 7.65 |
| Rank within category | 6 | 5 | 11 | 1 | 11 | 1 | 5 | 9 | 9 | 6 |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 20 | 16 | 15 | 12 |
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 | 2 star | 10.39 | 7.57 | 6.84 | 0.33 | 3,409 | 8.13 | — | 11Y 7M |
| Bandhan Banking & PSU Debt Dir | 4 star | 9.24 | 7.13 | 6.84 | 0.33 | 13,397 | 7.87 | — | 12Y 1M |
| Axis Banking & PSU Debt Dir | 4 star | 9.28 | 7.11 | 6.69 | 0.35 | 12,961 | 7.91 | — | 12Y 4M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 9.42 | 7.84 | 7.39 | 0.39 | 10,368 | 8.27 | — | 12Y 4M |
| ABSL Banking & PSU Debt Dir | 4 star | 9.83 | 7.46 | 7.11 | 0.39 | 8,588 | 8.54 | — | 12Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 57 | 61 |
| Macaulay Duration (yrs) | 5.70 | 3.41 |
| Average Maturity (yrs) | 9.87 | 4.70 |
| Yield to Maturity (%) | 7.16 | 7.19 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For DSP Banking & PSU Debt Fund
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