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Fund Overview

Fund Size

Fund Size

₹2,376 Cr

Expense Ratio

Expense Ratio

0.32%

ISIN

ISIN

INF740K01ZW2

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

14 Sep 2013

About this fund

DSP Banking & PSU Debt Fund Direct Growth is a Banking & PSU mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 10 years, 7 months and 5 days, having been launched on 14-Sep-13.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹22.47, Assets Under Management (AUM) of 2375.57 Crores, and an expense ratio of 0.32%.
  • DSP Banking & PSU Debt Fund Direct Growth has given a CAGR return of 7.94% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 92.93% in debts, and 6.80% in cash & cash equivalents.
  • You can start investing in DSP Banking & PSU Debt Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.27%

+6.02%(Cat. Avg.)

3 Years

+5.36%

+4.75%(Cat. Avg.)

5 Years

+6.98%

+6.00%(Cat. Avg.)

10 Years

+7.77%

+6.23%(Cat. Avg.)

Since Inception

+7.94%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt2,207.69 Cr92.93%
Others167.89 Cr7.07%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Karnataka (Government of) 7.46%Bond - Sub-sovereign Government Debt176.98 Cr7.45%
HDFC Bank LimitedBond - Corporate Bond158.96 Cr6.69%
National Bank For Financing Infrastructure And DevelopmentBond - Corporate Bond158.96 Cr6.69%
State Bank Of IndiaBond - Corporate Bond135.88 Cr5.72%
Small Industries Development Bank Of IndiaBond - Corporate Bond129.79 Cr5.46%
Indian Railway Finance Corporation LimitedBond - Corporate Bond102.15 Cr4.30%
National Bank for Agriculture and Rural DevelopmentBond - Gov't Agency Debt101.51 Cr4.27%
GAil (India) LimitedBond - Corporate Bond101.49 Cr4.27%
Uttar Pradesh (Government of) 7.48%Bond - Sub-sovereign Government Debt101.45 Cr4.27%
Uttar Pradesh (Government of) 7.48%Bond - Sub-sovereign Government Debt101.04 Cr4.25%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond86.31 Cr3.63%
7.3% Govt Stock 2053Bond - Gov't/Treasury83.39 Cr3.51%
Indian Railway Finance Corporation LimitedBond - Corporate Bond79.24 Cr3.34%
Rural Electrification Corporation LimitedBond - Corporate Bond75.57 Cr3.18%
Canara BankCash - CD/Time Deposit74.46 Cr3.13%
7.18% Govt Stock 2033Bond - Gov't/Treasury66.16 Cr2.78%
Power Finance Corporation Ltd.Bond - Corporate Bond54.19 Cr2.28%
Ntpc LimitedBond - Corporate Bond53.44 Cr2.25%
07.75 Tl SDL 2037Bond - Gov't/Treasury53.2 Cr2.24%
HDFC Bank LimitedBond - Corporate Bond53.19 Cr2.24%
National Housing BankBond - Corporate Bond52.77 Cr2.22%
Tata Capital Housing Finance LimitedBond - Corporate Bond52.68 Cr2.22%
Rural Electrification Corporation LimitedBond - Corporate Bond52.23 Cr2.20%
Small Industries Development Bank Of IndiaBond - Corporate Bond51.76 Cr2.18%
Power Grid Corporation Of India LimitedBond - Corporate Bond50.01 Cr2.11%
Canara BankBond - Gov't Agency Debt49.55 Cr2.09%
Power Grid Corporation Of India LimitedBond - Corporate Bond47.23 Cr1.99%
Net Receivables/PayablesCash33.69 Cr1.42%
Ntpc LimitedBond - Corporate Bond28.11 Cr1.18%
SBI Funds Management Pvt Ltd/Fund ParentMutual Fund - Open End6.39 Cr0.27%
Treps / Reverse Repo Investments / Corporate Debt RepoCash - Repurchase Agreement3.8 Cr0.16%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond1,523.96 Cr64.15%
Bond - Sub-sovereign Government Debt379.46 Cr15.97%
Bond - Gov't/Treasury202.76 Cr8.54%
Bond - Gov't Agency Debt151.06 Cr6.36%
Cash - CD/Time Deposit74.46 Cr3.13%
Cash33.69 Cr1.42%
Mutual Fund - Open End6.39 Cr0.27%
Cash - Repurchase Agreement3.8 Cr0.16%

Risk & Performance Ratios

Standard Deviation

This fund

1.13%

Cat. avg.

1.48%

Lower the better

Sharpe Ratio

This fund

0.03

Cat. avg.

-0.35

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.22

Higher the better

Fund Managers

Karan Mundhra

Karan Mundhra

Since July 2023

SG

Shantanu Godambe

Since June 2023

Additional Scheme Detailsas of 31st March 2024

ISININF740K01ZW2Expense Ratio0.32%Exit LoadNo ChargesFund Size₹2,376 CrAge14 Sep 2013Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkNifty Banking & PSU Debt Idx A-II TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Banking & PSU Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹14384.47 Cr6.8%
Bandhan Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.6%0.0%₹14384.47 Cr6.5%
Franklin India Banking & PSU Debt Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹633.12 Cr6.8%
Franklin India Banking & PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹633.12 Cr7.2%
PGIM India Banking and PSU Debt fund Direct Growth

Moderate Risk

0.2%0.0%₹45.38 Cr6.8%
PGIM India Banking and PSU Debt fund Regular Growth

Moderate Risk

0.4%0.0%₹45.38 Cr6.6%
Canara Robeco Banking and PSU Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹402.51 Cr6.4%
Canara Robeco Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹402.51 Cr6.7%
Tata Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹217.04 Cr7.0%
Tata Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹217.04 Cr6.5%

About the AMC

Total AUM

₹1,51,093 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
DSP Multicap Fund Direct Growth

Low Risk

0.7%1.0%₹809.68 Cr-
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹62.05 Cr-
DSP Banking & Financial Services Fund Direct Growth

Very High Risk

0.9%0.0%₹556.07 Cr-
DSP Gold ETF Fund of Fund Direct Growth

High Risk

0.7%0.0%₹21.21 Cr-
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.2%1.0%₹1524.43 Cr-
DSP FMP - Series 264 - 60M - 17D Direct Growth

Low to Moderate Risk

-0.0%₹46.62 Cr7.1%
DSP FMP Series 267 - 1246 Days Direct Growth

Low to Moderate Risk

-0.0%₹628.04 Cr7.1%
DSP FMP Series 261 37 Month Direct Growth

Moderate Risk

----
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth

Low to Moderate Risk

-0.0%-7.1%
DSP FMP Series 268 - 1281 Days Direct Growth

Low to Moderate Risk

---7.0%
DSP FMP Series 252 38 Month Direct Growth

Moderate Risk

-0.0%--
DSP Banking & PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹2375.57 Cr7.3%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderate Risk

0.8%1.0%₹3076.09 Cr21.0%
DSP Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹2902.39 Cr6.8%
DSP Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹505.39 Cr25.7%
DSP Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹468.29 Cr60.3%
DSP Healthcare Fund Direct Growth

Very High Risk

0.6%0.0%₹2352.32 Cr52.4%
DSP Global Allocation Fund Direct Growth

Very High Risk

1.4%0.0%₹58.96 Cr11.2%
DSP Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4204.65 Cr7.4%
DSP Value Fund Direct Growth

Very High Risk

0.9%1.0%₹807.70 Cr35.6%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹2293.21 Cr6.9%
DSP Bond Fund Direct Growth

Moderately High risk

0.4%0.0%₹359.44 Cr7.3%
DSP Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹9977.36 Cr35.3%
DSP Government Securities Direct Growth

Moderate Risk

0.6%0.0%₹755.19 Cr7.9%
DSP Equity & Bond Fund Direct Growth

Very High Risk

0.8%1.0%₹8805.52 Cr27.8%
DSP Focus Fund Direct Growth

Very High Risk

1.0%1.0%₹2188.97 Cr39.7%
DSP Credit Risk Fund Direct Growth

Moderately High risk

0.4%1.0%₹195.23 Cr16.0%
DSP India TIGER Fund Direct Growth

Very High Risk

1.1%1.0%₹3363.58 Cr71.0%
DSP Liquidity Fund Direct Growth

Moderate Risk

0.1%0.0%₹16940.42 Cr7.3%
DSP Regular Saving Fund Direct Growth

Moderately High risk

0.6%0.0%₹174.01 Cr13.9%
DSP Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹13038.55 Cr46.7%
DSP Ultra Short Fund Direct Growth

Moderate Risk

0.3%0.0%₹2227.76 Cr7.6%
DSP Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹2995.78 Cr7.1%
DSP Midcap Fund Direct Growth

Very High Risk

0.8%1.0%₹15968.56 Cr42.1%
DSP Natural Resource & New Energy Fund Direct Growth

Very High Risk

1.1%0.0%₹990.34 Cr51.0%
DSP Equity Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹10812.48 Cr44.0%
DSP Strategic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹931.75 Cr8.9%
DSP Savings Fund Direct Growth

Moderate Risk

0.1%0.0%₹3699.48 Cr7.5%
DSP Tax Saver Fund Direct Growth

Very High Risk

0.8%0.0%₹14075.55 Cr41.2%
DSP World Agriculture Direct Growth

Very High Risk

1.8%0.0%₹16.96 Cr-11.7%
DSP Top 100 Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹3550.89 Cr34.6%
DSP US Flexible Equity Fund Direct Growth

Very High Risk

1.5%0.0%₹889.25 Cr22.2%
DSP World Energy Direct Growth

Very High Risk

1.6%0.0%₹137.46 Cr-3.8%
DSP World Gold Fund of Fund Direct Growth

Very High Risk

1.7%0.0%₹797.41 Cr-6.7%
DSP World Mining Direct Growth

Very High Risk

1.5%0.0%₹152.70 Cr-6.8%
DSP Equity Savings Fund Direct Growth

Moderately High risk

0.5%0.0%₹964.40 Cr15.5%
DSP Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹3810.45 Cr8.4%
DSP Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹2617.33 Cr6.8%
DSP 10Y G-Sec Fund Direct Growth

Moderate Risk

0.3%0.0%₹49.34 Cr7.1%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹81.37 Cr6.8%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of DSP Banking & PSU Debt Fund Direct Growth, as of 18-Apr-2024, is ₹22.47.
The fund has generated 7.27% over the last 1 year and 5.36% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 92.93% in bonds, and 6.80% in cash and cash equivalents.
The fund managers responsible for DSP Banking & PSU Debt Fund Direct Growth are:-
  1. Karan Mundhra
  2. Shantanu Godambe