March 15, 2024
mayank
DSP Gilt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 91.7203
Monthly NAV IDCW: Rs 10.8362
Half Yearly NAV IDCW: Rs 12.9797
Suitable For Which Investors?
”This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors’ money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The Scheme seeks to generate income through investment in securities issued by Central and/or State Government of various maturities.
Fund Manager:
1) 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 | 01-Jan-13 |
| Return Since Launch | 8.28% |
| Benchmark | CRISIL Dynamic Gilt Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 713 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.55% |
| (As on 29-Feb-2024) | |
| Risk Grade | Above Average |
| Return Grade | Above Average |
Trailing Returns (%) of DSP Gilt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Gilt Dir | 3.63 | -0.02 | 0.90 | 4.05 | 5.05 | 10.36 | 6.69 | 8.75 | 8.03 | 9.04 |
| CCIL All Sovereign Bond – TRI | 3.82 | 0.18 | 1.03 | 5.02 | 5.95 | 11.16 | 6.33 | 8.05 | 7.72 | 8.93 |
| Debt: Gilt | 2.67 | -0.01 | 0.92 | 3.09 | 4.45 | 9.11 | 6.18 | 7.73 | 7.31 | 8.81 |
| Rank within category | 3 | 18 | 17 | 2 | 4 | 2 | 3 | 1 | 4 | 8 |
| Number of funds in category | 23 | 23 | 23 | 23 | 23 | 23 | 20 | 20 | 20 | 20 |
Peer Comparison of DSP Gilt 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 Gilt Dir | 4 star | 10.36 | 6.69 | 8.75 | 0.55 | 713 | 8.28 | — | 11Y 2M |
| SBI Magnum Gilt Dir | 5 star | 9.72 | 6.69 | 8.75 | 0.47 | 7,951 | 9.31 | — | 11Y 2M |
| ICICI Pru Gilt Dir | 5 star | 9.55 | 7.08 | 8.53 | 0.56 | 4,879 | 8.67 | — | 11Y 2M |
| Kotak Gilt Investment PF & Trust Dir | 4 star | 9.38 | 6.69 | 8.28 | 0.40 | 3,137 | 8.33 | — | 11Y 2M |
| Kotak Gilt Investment Dir | 4 star | 9.38 | 6.69 | 8.28 | 0.46 | 3,137 | 8.39 | — | 11Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 3 | 11 |
| Macaulay Duration (yrs) | 8.89 | 6.73 |
| Average Maturity (yrs) | 21.08 | 11.40 |
| Yield to Maturity (%) | 7.25 | 7.31 |
| Avg Credit Rating | GOI/Cash | — |
How to invest in DSP Gilt Fund?
Chanakya’s Mutual Fund Guidance For DSP Gilt Fund
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
>> Post your MF questions @ sahifund.com/ask-me/
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https://sahifund.com/category/nfos/
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https://t.me/chanakyaMFGuidance
Quicklinks
https://sahifund.com/axis-gilt-fund/