DSP Bond Fund
An open ended medium term debt scheme investing in debt and money market securities such that the Macaulay duration of the portfolio is between 3 years and 4 years (please refer page no. 32 under the section “Where will the Scheme invest” for details on Macaulay’s Duration)
DSP Bond Fund
An open ended medium term debt scheme investing in debt and money market securities such that the Macaulay duration of the portfolio is between 3 years and 4 years (please refer page no. 32 under the section “Where will the Scheme invest” for details on Macaulay’s Duration)

Medium duration high credit quality (100% in AA and better rated securities)
Suitable for investor seeking medium duration (~3 yrs), high credit quality (100% in AA or better) portfolio; alternative to traditional >=3 yr term deposits

Fund Manager

Saurabh Bhatia
Total work experience of 19 years.
Managing this Scheme since February 2018.

Fund Category

Medium Duration

Inception date

Apr 29, 1997

Benchmark

CRISIL Medium Term Debt Index

NAV
Regular Plan  
Growth: ₹ 61.9662
Direct Plan  
Growth: ₹ 64.6917
Total aum

₹ 336 Cr

Monthly average aum

₹ 330 Cr

Month End Expense Ratio
Regular Plan : 0.72%
Direct Plan : 0.40%
Average Maturity

4.91 years

Investment Horizon (Minimum)

> 3years +

Quantitative Measures
Modified Duration 3.53 years
Yield To Maturity 5.84%
Portfolio Macaulay Duration 3.76 years
Exit Load

NIL

Data As On September 30, 2020

Name of InstrumentRating% to Net Assets
DEBT INSTRUMENTS
BOND & NCD's
Listed / awaiting listing on the stock exchanges
✔ Power Finance Corporation Limited CARE AAA 9.43
✔ National Bank for Agriculture and Rural Development ICRA AAA 9.28
✔ Housing Development Finance Corporation Limited CRISIL AAA 9.22
✔ State Bank of India AT-1 Basel-III CRISIL AA+ 9.06
✔ National Highways Authority of India CRISIL AAA 7.85
✔ NTPC Limited CRISIL AAA 6.60
Export-Import Bank of India AT-1 Basel-III CRISIL AA+ 5.69
Bank of Baroda AT-1 Basel-III CRISIL AA+ 4.85
Indian Railway Finance Corporation Limited CRISIL AAA 1.61
Total 63.59
MONEY MARKET INSTRUMENTS
Certificate of Deposit
✔ ICICI Bank Limited ICRA A1+ 9.71
✔ Axis Bank Limited CRISIL A1+ 8.80
✔ Small Industries Development Bank of India CARE A1+ 5.77
Export-Import Bank of India CRISIL A1+ 1.46
Total 25.74
Commercial Papers
Listed / awaiting listing on the stock exchanges
✔ Reliance Industries Limited CARE A1+ 8.79
Total 8.79
TREPS / Reverse Repo Investments / Corporate Debt Repo 1.86
Total 1.86
Cash & Cash Equivalent
Net Receivables/Payables 0.02
Total 0.02
GRAND TOTAL 100.00

as on 30th Sept'20

✔ Top Ten Holdings

Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND.
2. Pursuant to SEBI circular SEBI/HO/IMD/DF4/CIR/P/2019/102 dated September 24, 2019 read with circular no. SEBI/HO/IMD/DF4/CIR/P/2019/41 dated March 22, 2019. Below are the details of the securities in case of which issuer has defaulted beyond its maturity date.

Security ISIN value of the security considered under net receivables (i.e. value recognized in NAV in absolute terms and as % to NAV) total amount (including principal and interest) that is due to the scheme on that investment
0% Il&Fs Transportation Networks Limited NCD Series A 23032019INE975G08140 0.00 0.00% 1,325.56

Performance (CAGR Returns in %)
1 yr 3 yr5 yrSI*
9.03 4.806.228.09
*SI - Since inception
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are for Regular Plan - Growth Option Click here for performance in SEBI prescribed format.

Investment Objective

The primary investment objective of the Scheme is to seek to generate an attractive return, consistent with prudent risk, from a portfolio which is substantially constituted of high quality debt securities, predominantly of issuers domiciled in India. This shall be the fundamental attribute of the Scheme. As a secondary objective, the Scheme will seek capital appreciation. The Scheme will also invest a certain portion of its corpus in money market securities, in order to meet liquidity requirements from time to time.
There is no assurance that the investment objective of the Scheme will be realized.

Product Labelling

This Scheme is suitable for investors who are seeking*
• Income over a medium-term investment horizon
• Investment in money market and debt securities

* Investors should consult their financial advisors if in doubt whether the product is suitable for them.