DSP Banking & PSU Debt Fund
An open ended debt scheme predominantly investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.
DSP Banking & PSU Debt Fund
An open ended debt scheme predominantly investing in Debt instruments of banks, Public Sector Undertakings, Public Financial Institutions and Municipal Bonds.

Short duration fund with 100% AAA portfolio of predominantly Banks and govt. owned companies
Suitable for investor seeking a short duration (~2 years), 100% AAA portfolio invested in predominantly bank and govt. owned companies

Fund Manager

Vikram Chopra
Total work experience of 17 years.
Managing this Scheme since July 2016.

Saurabh Bhatia
Total work experience of 16 years.
Managing this Scheme since February 2018.

Fund Category

Banking and PSU

Inception date

Sep 14, 2013

Benchmark

CRISIL Short Term Bond Fund Index

NAV AS ON OCTOBER 31, 2019
Regular Plan  
Growth: ₹ 16.7747
Direct Plan  
Growth: ₹ 17.1140
Total aum

₹ 2,014 Cr

Monthly average aum

₹ 1,965 Cr

Month End Expense Ratio
Regular Plan : 0.55%
Direct Plan : 0.25%
Average Maturity

3.31 years

Investment Horizon (Minimum)

1 year +

AUM as on 31 October 2019 (₹ in Cr)

2,014

Quantitative Measures
Modified Duration 2.64 years
Yield To Maturity 6.68%
Exit Load

Nil

Name of InstrumentRating % to Net Assets
DEBT INSTRUMENTS
BOND & NCD's
Listed / awaiting listing on the stock exchanges
✔ Power Finance Corporation Limited CRISIL AAA 9.87%
✔ National Bank for Agriculture and Rural Development CRISIL AAA 9.13%
✔ NTPC Limited CRISIL AAA 8.67%
✔ Power Grid Corporation of India Limited CRISIL AAA 8.52%
✔ REC Limited CRISIL AAA 8.16%
✔ Small Industries Development Bank of India CARE AAA 7.33%
✔ National Highways Authority of India CRISIL AAA 6.97%
✔ Indian Railway Finance Corporation Limited CRISIL AAA 6.86%
✔ Hindustan Petroleum Corporation Limited CRISIL AAA 6.84%
✔ Housing Development Finance Corporation Limited CRISIL AAA 5.83%
Bharat Petroleum Corporation Limited CRISIL AAA 4.23%
Reliance Industries Limited CRISIL AAA 4.03%
Export-Import Bank of India CRISIL AAA 3.76%
NHPC Limited CARE AAA 2.97%
State Bank of India CRISIL AAA 2.73%
Hindustan Petroleum Corporation Limited IND AAA 1.35%
NHPC Limited IND AAA 0.28%
GAIL (India) Limited CARE AAA 0.27%
Total 97.80%
CENTRAL GOVERNMENT SECURITIES
7.72% GOI 25052025 SOV 1.89%
8.48% Karnataka SDL 17102022 SOV 0.04%
Total 1.93%
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 2.47%
Total 2.47%
Cash & Cash Equivalent
Cash Margin 0.25%
Net Receivables/Payables -2.45%
Total -2.20%
GRAND TOTAL 100.00%

✔ Top Ten Holdings
Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND.


Performance (CAGR Returns in %)
1 yr 3 yr5 yrSI
SI - Since inception11.567.528.398.80
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 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.
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 short-term investment horizon
• Investment in money market and debt securities issued by banks and public sector undertakings, public financial institutions and Municipal Bonds

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