- Mutual Funds
- DSP Mutual Fund
- DSP Banking & PSU Debt Fund Direct Growth
DSP Banking & PSU Debt Fund Direct Plan Growth
₹ 24.57
NAV (Apr 02)
Banking And Psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scheme Information
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.
Expense Ratio | 0.32 % |
Launched 11Y ago | 2013-09-14 |
AUM in Crores | 3211.4 |
ISIN | INF740K01ZW2 |
Lock-in (days) | No Lock-in |
Benchmark | Nifty Banking & PSU Debt Index A-II |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 1.3 |
Beta | 2.4 |
Sharpe Ratio | 0.1 |
YTM | - |
Asset allocation and Holdings
Top Debt Holdings
GOI
11.71%National Bank For Financing Infrastructure And Development
6.23%Small Industries Devp. Bank of India Ltd.
5.46%HDFC Bank Ltd.
5.2%State Bank of India
4.83%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,714 cr | ||
₹ 15,117 cr | ||
₹ 12,517 cr | ||
₹ 14,435 cr | ||
₹ 7,712 cr |
