March 15, 2024
mayank
DSP Low Duration Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth : Rs 18.5311
Weekly NAV IDCW : Rs 10.1269
Quarterly NAV IDCW: Rs 10.8487
Suitable For Which Investors?
“Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here’s why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there’s a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don’t need for up to a year in a Liquid fund.”
Fund’s Investment Strategy:
The scheme seeks to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities.
Fund Manager:
1) Karan Mundra
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) Shalini Vasanta
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 | 10-Mar-15 |
| Return Since Launch | 7.08% |
| Benchmark | NIFTY Low Duration Debt Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 4,284 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.31% |
| (As on 29-Feb-2024) | |
| Risk Grade | Average |
| Return Grade | Below Average |
Trailing Returns (%) of DSP Low Duration Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Low Duration Dir | 1.52 | 0.00 | 0.66 | 1.91 | 3.49 | 7.49 | 5.54 | 6.21 | 6.58 | — |
| CCIL T Bill Liquidity Weight | 0.95 | 0.02 | 0.40 | 1.19 | 2.30 | 4.76 | 3.21 | 3.28 | 3.53 | — |
| Debt: Low Duration | 1.57 | 0.00 | 0.67 | 1.93 | 3.55 | 7.64 | 5.89 | 6.05 | 6.48 | — |
| Rank within category | 18 | 17 | 13 | 14 | 18 | 14 | 15 | 11 | 11 | — |
| Number of funds in category | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 17 |
Peer Comparison of DSP Low Duration 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 Low Duration Dir | 3 star | 7.49 | 5.54 | 6.21 | 0.31 | 4,284 | 7.08 | — | 9Y |
| ABSL Low Duration Dir | 4 star | 7.82 | 6.06 | 6.86 | 0.40 | 12,058 | 7.98 | — | 11Y 2M |
| Nippon India Low Duration Dir | 4 star | 7.68 | 5.99 | 6.39 | 0.37 | 5,960 | 7.63 | — | 11Y 2M |
| Axis Treasury Advantage Dir | 4 star | 7.69 | 5.75 | 6.51 | 0.29 | 4,760 | 7.68 | — | 11Y 2M |
| UTI Low Duration Dir | 5 star | 7.49 | 7.33 | 4.72 | 0.36 | 3,151 | 6.85 | — | 11Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 107 | 66 |
| Macaulay Duration (yrs) | 0.97 | 0.92 |
| Average Maturity (yrs) | 1.14 | 1.26 |
| Yield to Maturity (%) | 7.89 | 7.89 |
| Avg Credit Rating | AAA | — |
How to Invest in DSP Low Duration Fund?
Chanakya’s Mutual Fund Guidance For DSP Low Duration Fund
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
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