DSP Bond Fund Direct Growth
DebtMedium DurationModerately High risk
Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹312 Cr
Expense Ratio
0.40%
ISIN
INF740K01MZ3
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹87.28, Assets Under Management (AUM) of 312.37 Crores, and an expense ratio of 0.4%.
- DSP Bond Fund Direct Growth has given a CAGR return of 7.20% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 80.21% in debts, and 19.11% in cash & cash equivalents.
- You can start investing in DSP Bond 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
+10.31%
+9.31% (Cat Avg.)
3 Years
+8.47%
+8.39% (Cat Avg.)
5 Years
+6.47%
+7.31% (Cat Avg.)
10 Years
+6.87%
+6.47% (Cat Avg.)
Since Inception
+7.20%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Debt | ₹250.54 Cr | 80.21% |
| Others | ₹61.83 Cr | 19.79% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹26.53 Cr | 8.49% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹26.22 Cr | 8.39% |
| Chhattisgarh (Government of) 7.03% | Bond - Sub-sovereign Government Debt | ₹26.11 Cr | 8.36% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹26.07 Cr | 8.35% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.9 Cr | 8.29% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.88 Cr | 8.29% |
| Rec Limited | Bond - Corporate Bond | ₹25.87 Cr | 8.28% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.35 Cr | 8.12% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.81 Cr | 7.94% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.14 Cr | 7.73% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹21.34 Cr | 6.83% |
| 7.17% Govt Stock 2030 | Bond - Gov't/Treasury | ₹21.25 Cr | 6.80% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹10.42 Cr | 3.33% |
| Roadstar Infra Investment Trust | Mutual Fund - Unspecified | ₹1.06 Cr | 0.34% |
| SBI Funds Management Pvt Ltd/Fund Parent | Mutual Fund - Open End | ₹1.06 Cr | 0.34% |
| Net Receivables/Payables | Cash | ₹0.34 Cr | 0.11% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹181.84 Cr | 58.21% |
| Cash - CD/Time Deposit | ₹48.95 Cr | 15.67% |
| Bond - Gov't/Treasury | ₹42.59 Cr | 13.64% |
| Bond - Sub-sovereign Government Debt | ₹26.11 Cr | 8.36% |
| Cash - Repurchase Agreement | ₹10.42 Cr | 3.33% |
| Mutual Fund - Unspecified | ₹1.06 Cr | 0.34% |
| Mutual Fund - Open End | ₹1.06 Cr | 0.34% |
| Cash | ₹0.34 Cr | 0.11% |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
1.37%
Cat. avg.
2.36%
Lower the better
Sharpe Ratio
This fund
1.16
Cat. avg.
0.74
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.47
Higher the better
Fund Managers
Vivek Ramakrishnan
Since July 2021
Karan Mundhra
Since May 2021
Additional Scheme Detailsas of 31st May 2025
ISIN | INF740K01MZ3 | Expense Ratio | 0.40% | Exit Load | No Charges | Fund Size | ₹312 Cr | Age | 12 years 5 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Medium Duration DebtA-III TR INR |
Investment 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
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Medium Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Bond Fund - Medium Term Plan Direct Growth Moderate Risk | 0.6% | 0.0% | ₹1487.56 Cr | 9.9% |
| HSBC Medium Duration Regular Growth Moderate Risk | 1.1% | 0.0% | ₹647.81 Cr | 9.6% |
| HSBC Medium Duration Direct Growth Moderate Risk | 0.4% | 0.0% | ₹647.81 Cr | 10.3% |
| Union Medium Duration Fund Regular Growth Moderate Risk | 0.9% | 1.0% | ₹80.25 Cr | 7.9% |
| Union Medium Duration Fund Direct Growth Moderate Risk | 0.6% | 1.0% | ₹80.25 Cr | 8.2% |
| Kotak Medium Term Fund Direct Growth Moderately High risk | 0.7% | 0.0% | ₹1911.59 Cr | 10.7% |
| Kotak Medium Term Fund Regular Growth Moderately High risk | 1.6% | 0.0% | ₹1911.59 Cr | 9.7% |
| ICICI Prudential Medium Term Bond Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹5732.58 Cr | 10.3% |
| Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Low Risk | 0.1% | - | ₹1104.92 Cr | 8.0% |
| Axis Strategic Bond Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹1945.01 Cr | 10.4% |
About the AMC
Total AUM
₹1,88,100 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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What is the current NAV of DSP Bond Fund Direct Growth?
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Who manages the DSP Bond Fund Direct Growth?
- Vivek Ramakrishnan
- Karan Mundhra
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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