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DSP Short Term Fund An open ended short term debt scheme investing in debt and money market securities such that the Macaulay duration of the portfolio is between 1 year and 3 years (please refer page no. 21 under the section “Where will the Scheme invest?” in the SID for details on Macaulay’s Duration) |
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Short duration with very high credit quality (min 80% AAA)
Suitable for investment horizon of at least 1 year, alternative to traditional term deposits
Laukik Bagwe
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.
Short Duration
Sep 9, 2002
CRISIL Short Term Bond Fund Index
| Regular Plan | |
| Growth: | ₹ 33.3042 |
| Direct Plan | |
| Growth: | ₹ 34.9275 |
₹ 2,918 Cr
₹ 2,894 Cr
| Regular Plan : | 0.99% |
| Direct Plan : | 0.25% |
2.89 years
1-3 years
2,918
| Modified Duration | 2.42 years |
| Yield To Maturity | 6.77% |
Nil
| Name of Instrument | Rating | % to Net Assets |
| DEBT INSTRUMENTS | ||
| BOND & NCD's | ||
| Listed / awaiting listing on the stock exchanges | ||
| ✔ Housing Development Finance Corporation Limited | CRISIL AAA | 8.90% |
| ✔ Hindustan Petroleum Corporation Limited | CRISIL AAA | 8.74% |
| ✔ REC Limited | CRISIL AAA | 8.66% |
| ✔ National Bank for Agriculture and Rural Development | CRISIL AAA | 8.09% |
| ✔ Power Finance Corporation Limited | CRISIL AAA | 7.48% |
| ✔ Small Industries Development Bank of India | CARE AAA | 5.69% |
| ✔ LIC Housing Finance Limited | CRISIL AAA | 5.42% |
| ✔ NTPC Limited | CRISIL AAA | 5.23% |
| ✔ Indian Railway Finance Corporation Limited | CRISIL AAA | 5.12% |
| ✔ National Highways Authority of India | CRISIL AAA | 4.70% |
| Reliance Industries Limited | CRISIL AAA | 4.34% |
| Bajaj Finance Limited | CRISIL AAA | 3.10% |
| HDB Financial Services Limited | CARE AAA | 3.00% |
| Kotak Mahindra Prime Limited | CRISIL AAA | 2.39% |
| Power Grid Corporation of India Limited | CRISIL AAA | 2.12% |
| L&T Infra Debt Fund Limited | CRISIL AAA | 1.79% |
| LIC Housing Finance Limited | CARE AAA | 1.31% |
| Bharat Petroleum Corporation Limited | CRISIL AAA | 1.12% |
| NHPC Limited | IND AAA | 1.09% |
| HDFC Bank Limited | IND AA+ | 1.09% |
| NHPC Limited | ICRA AAA | 0.70% |
| Export-Import Bank of India | ICRA AAA | 0.61% |
| Mahindra & Mahindra Financial Services Limited | IND AAA | 0.54% |
| Export-Import Bank of India | CRISIL AAA | 0.39% |
| Housing & Urban Development Corporation Limited | ICRA AAA | 0.14% |
| Tata Capital Financial Services Limited | ICRA AAA | 0.05% |
| Total | 91.81% | |
| Unlisted | ||
| Tata Sons Private Limited | CRISIL AAA | 0.26% |
| Total | 0.26% | |
| CENTRAL GOVERNMENT SECURITIES | ||
| 7.27% GOI 08042026 | SOV | 3.95% |
| 7.32% GOI 28012024 | SOV | 3.63% |
| Total | 7.58% | |
| MONEY MARKET INSTRUMENTS | ||
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 1.53% | |
| Total | 1.53% | |
| Cash & Cash Equivalent | ||
| Cash Margin | 0.10% | |
| Net Receivables/Payables | -1.28% | |
| Total | -1.18% | |
| GRAND TOTAL | 100.00% |
✔ Top Ten Holdings
Notes: All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND & BWR.
| Performance (CAGR Returns in %) | ||||
| 1 yr | 3 yr | 5 yr | SI | |
| SI - Since inception | 10.47 | 6.97 | 7.75 | 7.27 |
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.
An Open ended income Scheme,
seeking to generate returns
commensurate with risk from a
portfolio constituted of money
market securities and/or debt
securities.
There is no assurance that the
investment objective of the
Scheme will be realized.
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.