DSP Government Securities Fund
An open ended debt scheme investing in government securities across maturity
DSP Government Securities Fund
An open ended debt scheme investing in government securities across maturity

Active duration management (only sovereign securities)
Suitable for investor seeking high quality strategic fixed income allocation for investment horizon of >5 years; invests in sovereign debt only

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 March 2018.

Fund Category

Gilt

Inception date

Sep 30, 1999

Benchmark

ICICI Securities Li-Bex

NAV AS ON OCTOBER 31, 2019
Regular Plan  
Growth: ₹ 64.9758
Direct Plan  
Growth: ₹ 67.0668
Total aum

₹ 586 Cr

Monthly average aum

₹ 581 Cr

Month End Expense Ratio
Regular Plan : 1.07%
Direct Plan : 0.56%
Average Maturity

10.38 years

Investment Horizon (Minimum)

> 5 years +

AUM as on 31 October 2019 (₹ in Cr)

586

Quantitative Measures
Modified Duration 6.38 years
Yield To Maturity 6.78%
Exit Load

Nil

Name of InstrumentRating% to Net Assets
Arbitrage
Interest rate Futures -8.89%
Total -8.89%
DEBT INSTRUMENTS
CENTRAL GOVERNMENT SECURITIES
7.57% GOI 17062033 SOV 30.38%
7.88% GOI 19032030 SOV 29.39%
7.27% GOI 08042026 SOV 21.44%
7.26% GOI 14012029 SOV 9.07%
6.45% GOI 07102029 SOV 6.86%
7.40% GOI 09092035 SOV 1.78%
Total 98.92%
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 1.48%
Total 1.48%
Cash & Cash Equivalent
Cash Margin 0.52%
Net Receivables/Payables -0.92%
Total -0.40%
GRAND TOTAL 100.00%

Performance (CAGR Returns in %)
1 yr 3 yr 5 yr SI
SI - Since inception15.887.69 9.31 9.76

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

An Open Ended income Scheme, seeking to generate income through investment in Central Government Securities of various maturities.
There is no assurance that the investment objective of the Scheme will be realized.

Product Labelling

This Open Ended Income Scheme is suitable for investors who are seeking*
• Income over a long-term investment horizon
• Investment in Central government securities

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