- Mutual Funds
- DSP Mutual Funds
- DSP Strategic Bond Fund (PIDCW-M)
Formerly DSP BlackRock Strategic Bd Reg Mn DP
DSP Strategic Bond Fund (PIDCW-M)
₹ 1063.7214
NAV (Sep 22)
Dynamic bond 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.
Dynamic Bond Funds have the flexibility to invest in instruments across duration.The exposure is dependent on the outlook of the Fund Manager.
Such funds are also allowed to invest across the credit quality spectrum.They tend to be exposed to higher credit risk and longer maturity paper which makes them quite volatile.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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1063.7214
NAV (Sep 22)
Fund Returns
Last 1Y | 7.9% |
Last 3Y | 4.5% |
Last 5Y | 6.2% |
Last 10Y | 5.7% |
Since Inception | 6% |
6 Month CAGR | 5.6% |
Scheme Information
An Open ended income Scheme,seeking to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities.
Expense Ratio | 1.14 |
Launched (16y ago) | May 09, 2007 |
AUM in Crores | 797.315 |
ISIN | INF740K01GM3 |
Lock-in | No Lock-in |
Benchmark | CRISIL Dynamic Bond Fund TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 3.2 |
Standard Deviation (5yr) | 3.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.011 |
Sharpe Ratio (5yr) | 0.299 |
YTM | 7.58 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| DSP Strategic Bond Fund (PIDCW-M) | 8,50,655 | 1,18,043 | 6.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.25% govt stock 2063
17%treps / reverse repo investments / corporate debt repo
14.3%07.65 tl sdl 2039
12.8%7.3% govt stock 2053
10.1%axis bank limited
8.8%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
DSP Investment Managers Private Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
26.5% | 14.5% | ||
26.3% | 14.3% | ||
26.3% | 14.3% | ||
41.5% | 17.1% | ||
27.7% | 11.3% |
DSP Strategic Bond Fund (PIDCW-M) Review
DSP Strategic Bond Fund (PIDCW-M) is a Dynamic Bond Debt fund and has delivered an annualised return of 6% over a period of 16 years. The fund was previously known as DSP BlackRock Strategic Bd Reg Mn DP. The fund is managed by DSP Investment Managers Private Limited. The fund managers are Laukik Bagwe, Sandeep Yadav, Shantanu Godambe.
Nav of DSP Strategic Bond Fund (PIDCW-M) as of 9/22/2023 is ₹1063.72 with the total AUM as of 9/24/2023 is ₹797.315. With Scripbox you can compare and check the latest nav for all mutual funds in India. DSP Strategic Bond Fund (PIDCW-M) was launched on May 09, 2007. The category risk of the fund is Moderate Risk.
The minimum SIP amount for DSP Strategic Bond Fund (PIDCW-M) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
DSP Strategic Bond Fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Dynamic Bond Fund TR INR.
DSP Strategic Bond Fund (PIDCW-M) is rated as a 2 fund in Debt and delivered 7.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with DSP Strategic Bond Fund (PIDCW-M).
Frequently Asked Questions
What is DSP Strategic Bond Fund (PIDCW-M)?
How to invest in DSP Strategic Bond Fund (PIDCW-M)?
You can invest in DSP Strategic Bond Fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of DSP Strategic Bond Fund (PIDCW-M)?
The minimum sip amount for DSP Strategic Bond Fund (PIDCW-M) is ₹0. You can invest in multiples of ₹5000.
Is DSP Strategic Bond Fund (PIDCW-M) good to invest in?
As per Scripbox experts, DSP Strategic Bond Fund (PIDCW-M) is a Neutral fund. You can investDSP Strategic Bond Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the DSP Strategic Bond Fund (PIDCW-M)?
The expense ratio of the DSP Strategic Bond Fund (PIDCW-M) is 1.14% for regular plan.