May 5, 2025
mayank
DSP Gilt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 103.4459
Monthly NAV IDCW: Rs 10.8746
Half Yearly NAV IDCW: Rs 12.7273
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) 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 | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of DSP Gilt Fund
| Fund House | DSP Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.54% |
| Benchmark | CRISIL Dynamic Gilt Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 1,566 Cr |
| (As on 31-Mar-2025) | |
| Expense | 0.56% |
| (As on 31-Mar-2025) | |
| Risk Grade | Above Average |
| Return Grade | High |
Trailing Returns (%) of DSP Gilt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Gilt Dir | 5.50 | 0.05 | 1.55 | 4.93 | 6.31 | 13.31 | 9.15 | 7.50 | 9.27 | 8.69 |
| CCIL All Sovereign Bond – TRI* | 5.47 | 0.06 | 1.89 | 4.59 | 6.37 | 13.39 | 9.38 | 7.10 | 8.85 | 8.34 |
| Debt: Gilt* | 5.14 | 0.07 | 1.45 | 4.50 | 6.14 | 12.15 | 8.57 | 6.91 | 8.38 | 8.15 |
| Rank within category* | 1 | 5 | 4 | 1 | 5 | 1 | 2 | 3 | 1 | 4 |
| Number of funds in category* | 23 | 24 | 24 | 24 | 23 | 23 | 21 | 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 | 3 star | 13.31 | 9.15 | 7.50 | 0.56 | 1,566 | 8.54 | — | 12Y 4M |
| SBI Magnum Gilt Dir | 4 star | 12.40 | 9.18 | 7.46 | 0.46 | 11,489 | 9.46 | — | 12Y 4M |
| ICICI Pru Gilt Dir | 5 star | 11.29 | 8.96 | 7.55 | 0.56 | 7,133 | 8.81 | — | 12Y 4M |
| Baroda BNP Paribas Gilt Dir | 4 star | 12.40 | 8.72 | 6.69 | 0.14 | 1,627 | 8.07 | — | 12Y 4M |
| Tata GSF Dir | 4 star | 11.95 | 9.02 | 6.62 | 0.29 | 1,003 | 8.34 | — | 12Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 9 | 14 |
| Macaulay Duration (yrs) | 11.90 | 8.85 |
| Average Maturity (yrs) | 29.24 | 18.91 |
| Yield to Maturity (%) | 7.04 | 6.88 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For DSP Gilt Fund
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