March 18, 2024
mayank
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 10.8748
NAV IDCW: Rs 10.8748
Suitable For Which Investors?
This is a fund that comes with a fixed maturity and invests in bonds whose maturity is in line with that of the fund. Upon the completion of the stated tenure, the fund is wound up and investors’ money is returned to them along with accumulated gains. They provide predictability (though not a guarantee) of returns because by staying invested till the end of its term, you can expect to get returns close to its ‘indicative yield’ at the time of making the investment.
They can be a viable option for fixed-income investors whose investment horizon matches the tenure of the fund. Such funds are more attractive when the interest rates are high, so as to ‘lock-in’ a high rate of return and benefit from it by staying invested for the entire fund tenure.
If you do decide to invest in them, remember that 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 track the Nifty SDL Plus G-Sec Sep 2027 50:50 Index by investing in Government Securities (G-Sec) and SDLs, maturing on or before September, 2027 and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error.
Fund Manager:
1) Laukik Bagwe
Education: Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience: Prior to joining DSP Mutual Fund he has worked with Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
2) Shantanu Godambe
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 14-Feb-23 |
| Return Since Launch | 8.06% |
| Benchmark | Nifty SDL Plus G-Sec Sep 2027 50:50 |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 87 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.17% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of DSP Nifty SDL Plus G-Sec Sep 2027 50:50
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Dir | 1.65 | 0.00 | 0.66 | 2.02 | 3.74 | 7.93 | — | — | — | — |
| CCIL T Bill Liquidity Weight | 0.98 | 0.03 | 0.40 | 1.15 | 2.27 | 4.77 | — | — | — | — |
| Debt: Target Maturity | 1.88 | 0.00 | 0.68 | 2.19 | 3.84 | 8.21 | — | — | — | — |
| Rank within category | 61 | 43 | 50 | 45 | 48 | 43 | — | — | — | — |
| Number of funds in category | 90 | 90 | 90 | 89 | 88 | 81 | 3 | 0 | 0 | 0 |
Peer Comparison of DSP Nifty SDL Plus G-Sec Sep 2027 50:50
| 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 Nifty SDL Plus G-Sec Sep 2027 50:50 Index Dir | Unrated | 7.93 | — | — | 0.17 | 87 | 8.06 | — | 1Y 1M |
| ABSL SDL + PSU Bond Sep 2026 60:40 Dir | Unrated | 7.65 | — | — | 0.20 | 10,309 | 4.74 | — | 2Y 5M |
| SBI CPSE Bond + SDL Sep 2026 50:50 Dir | Unrated | 7.63 | — | — | 0.22 | 10,165 | 5.14 | 0.15 (30) | 2Y 1M |
| Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Dir | Unrated | 7.57 | — | — | 0.20 | 10,063 | 5.78 | 0.10 (30) | 3Y |
| ICICI Pru Nifty PSU Bond + SDL Sep 2027 40:60 Index Dir | Unrated | 7.9 | — | — | 0.20 | 8,775 | 4.72 | — | 2Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 9 | 22 |
| Macaulay Duration (yrs) | 2.98 | 3.57 |
| Average Maturity (yrs) | 3.37 | 4.40 |
| Yield to Maturity (%) | 7.32 | 7.38 |
| Avg Credit Rating | GOI/Cash | — |
How to Invest in DSP Nifty SDL Plus G-Sec Sep 2027 50:50?
Chanakya’s Mutual Fund Guidance For DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund
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Quicklinks
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