DSP Corporate Bond Fund
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds
DSP Corporate Bond Fund
An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds

Roll-down fund investing primarily in AAA (>80%) Corporate Bonds
Suitable for investors seeking predictability of returns in an open-ended structure from a portfolio invested >80% in AAA assets (rest in AA+); alternative to traditional >=3 yr term deposits g primarily in AAA (>80%) Corporate Bonds

Fund Manager

Vikram Chopra
Total work experience of 18 years.
Managing this Scheme since September 2018.

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

Fund Category

Corporate Bond

Inception date

September 10, 2018

Benchmark

CRISIL Composite Bond Fund Index

NAV
Regular Plan  
Growth: ₹ 12.4339
Direct Plan  
Growth: ₹ 12.4988
Total aum

₹ 1,269 Cr

Monthly average aum

₹ 1,144 Cr

Month End Expense Ratio
Regular Plan : 0.48%
Direct Plan : 0.25%
Average Maturity

1.60 years

Investment Horizon (Minimum)

> 3 years +

Quantitative Measures
Modified Duration 1.44 years
Yield To Maturity 4.58%
Portfolio Macaulay Duration 1.51 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
✔ Housing Development Finance Corporation Limited CRISIL AAA 8.08
✔ National Highways Authority of India CRISIL AAA 7.83
✔ NTPC Limited CRISIL AAA 7.71
✔ Small Industries Development Bank of India CARE AAA 7.47
✔ Reliance Industries Limited CRISIL AAA 7.23
✔ Power Finance Corporation Limited CRISIL AAA 6.54
✔ National Bank for Agriculture and Rural Development CRISIL AAA 6.47
✔ Indian Oil Corporation Limited CRISIL AAA 6.46
✔ Power Grid Corporation of India Limited CRISIL AAA 6.12
✔ LIC Housing Finance Limited CRISIL AAA 5.43
Hindustan Petroleum Corporation Limited CRISIL AAA 4.75
REC Limited CRISIL AAA 4.48
UltraTech Cement Limited CRISIL AAA 3.73
Export-Import Bank of India CRISIL AAA 3.41
Larsen & Toubro Limited CRISIL AAA 2.98
REC Limited CARE AAA 2.90
Grasim Industries Limited CRISIL AAA 2.12
Export-Import Bank of India ICRA AAA 1.79
REC Limited IND AAA 1.70
LIC Housing Finance Limited CARE AAA 1.31
Indian Railway Finance Corporation Limited CRISIL AAA 0.60
Total 99.11
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 4.63
Total 4.63
Cash & Cash Equivalent
Net Receivables/Payables -3.74
Total -3.74
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.



SIP Returns(In %)
  1 yr 3 yr 5 yr SI*
10.16NANA 11.17
*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 regular income and capital appreciation commensurate with risk from a portfolio predominantly investing in corporate debt securities across maturities which are rated AA+ and above, in addition to debt instruments issued by central and state governments and money market securities.
There is no assurance that the investment objective of the Scheme will be realized.

Product Labelling

This open ended debt scheme is suitable for investors who are seeking*
• Income over a medium-term to long 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.