Widely used:Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Moderate
₹23.1420 0.01%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
DSP Banking & PSU Debt Fund - Direct Plan
|
|
|
Moderate
|
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0.32 |
|
 |
|
Moderate
|
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0.33 |
||
|
|
Moderate
|
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0.39 |
||
 |
|
Moderate
|
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0.39 |
||
|
|
Moderate
|
Please wait... |
0.39 |
₹2,440 Cr
--
100
500
100
6
Investment Strategy
The Scheme seeks to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings.
Suitability
"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
DSP Banking & PSU Debt Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.
Mutual funds can be bought directly from the website of the fund house. For instance, DSP Banking & PSU Debt Fund - Direct Plan fund can be purchased from the website of DSP Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of DSP Banking & PSU Debt Fund - Direct Plan is ₹23.1420 as of 14-Aug-2024.
The AUM of DSP Banking & PSU Debt Fund - Direct Plan Fund is ₹2,440 Cr as of 31-Jul-2024
The riskometer level of DSP Banking & PSU Debt Fund - Direct Plan is Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 7.30 19/06/2053 |
11.71
|
|
National Bank For Financing Infrastructure And Development SR NABFID.43 Debenture 16/06/2033 |
6.23
|
|
Small Industries Devp. Bank of India Ltd SR IV Bonds 7.79 19/04/2027 |
5.46
|
|
HDFC Bank Ltd SR US004 Debenture 7.65 25/05/2033 |
5.20
|
|
State Bank of India SR I Debenture 7.81 02/11/2038 |
4.83
|
As of 31-Jul-2024, DSP Banking & PSU Debt Fund - Direct Plan had invested 99.87% in Debt and 0.13% in Cash & Cash Eq. See More
DSP Banking & PSU Debt Fund - Direct Plan is 10 years 11 months old. It has delivered 7.99% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
8.09%
|
5.72%
|
6.71%
|
6.90%
|
7.77%
|
7.99%
|
No, There is no lock in period in DSP Banking & PSU Debt Fund - Direct Plan.
The expense ratio of DSP Banking & PSU Debt Fund - Direct Plan is 0.32.
Mutual Funds 
DSP DSP Banking & PSU Debt Fund - Direct Plan
