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DSP Corporate Bond Fund An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds |
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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
Vikram Chopra
Total work experience of 15 years.
Managing this Scheme since September
2018.
Saurabh Bhatia
Total work experience of 16 years.
Managing this Scheme since September
2018
Corporate Bond
September 10, 2018
CRISIL Composite Bond Fund Index
| Regular Plan | |
| Growth: | ₹ 11.8240 |
| Direct Plan | |
| Growth: | ₹ 11.8733 |
₹ 1,110 Cr
₹ 1,130 Cr
| Regular Plan : | 0.50% |
| Direct Plan : | 0.23% |
1.85 years
> 3 years +
1,110
| Modified Duration | 1.62 years |
| Yield To Maturity | 6.19% |
Nil
| Name of Instrument | Rating | % to Net Assets |
| DEBT INSTRUMENTS | ||
| BOND & NCD's | ||
| Listed / awaiting listing on the stock exchanges | ||
| ✔ National Bank for Agriculture and Rural Development | CRISIL AAA | 9.74% |
| ✔ Small Industries Development Bank of India | CARE AAA | 9.60% |
| ✔ NTPC Limited | CRISIL AAA | 9.30% |
| ✔ Housing Development Finance Corporation Limited | CRISIL AAA | 7.91% |
| ✔ National Highways Authority of India | CRISIL AAA | 7.12% |
| ✔ Hindustan Petroleum Corporation Limited | CRISIL AAA | 7.05% |
| ✔ Power Grid Corporation of India Limited | CRISIL AAA | 6.73% |
| ✔ Power Finance Corporation Limited | CRISIL AAA | 6.09% |
| ✔ Reliance Industries Limited | CRISIL AAA | 5.06% |
| ✔ UltraTech Cement Limited | CRISIL AAA | 4.04% |
| REC Limited | CRISIL AAA | 3.57% |
| Larsen & Toubro Limited | CRISIL AAA | 3.21% |
| Export-Import Bank of India | CRISIL AAA | 2.44% |
| Grasim Industries Limited | CRISIL AAA | 2.27% |
| REC Limited | IND AAA | 1.83% |
| Indian Railway Finance Corporation Limited | CRISIL AAA | 1.61% |
| HDB Financial Services Limited | CRISIL AAA | 1.37% |
| Export-Import Bank of India | ICRA AAA | 1.09% |
| LIC Housing Finance Limited | CRISIL AAA | 0.33% |
| Total | 90.36% | |
| MONEY MARKET INSTRUMENTS | ||
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 4.62% | |
| Total | 4.62% | |
| Cash & Cash Equivalent | ||
| Net Receivables/Payables | 5.02% | |
| Total | 5.02% | |
| GRAND TOTAL | 100.00% |
✔ 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* | |
| *SI - Since inception | 10.09 | NA | NA | 10.77 |
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.
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.
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.