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 AUGUST 31, 2020
Regular Plan  
Growth: ₹ 70.9248
Direct Plan  
Growth: ₹ 73.5677
Total aum

₹ 833 Cr

Monthly average aum

₹ 1,174 Cr

Month End Expense Ratio
Regular Plan : 1.03%
Direct Plan : 0.56%
Average Maturity

9.14 years

Investment Horizon (Minimum)

> 5 years +

AUM as on 31 August 2020 (₹ in Cr)

833

Quantitative Measures
Modified Duration 6.27 years
Yield To Maturity 5.63%
Portfolio Macaulay Duration 6.47 years
Exit Load

Nil

Name of InstrumentRating% to Net Assets
Arbitrage
Interest Rate Futures -3.07
Total -3.07
DEBT INSTRUMENTS
Government Securities (Central/state)
6.19% GOI 16-09-2034 SOV 41.65
5.77% GOI 03-08-2030 SOV 25.27
7.27% GOI 08-04-2026 SOV 13.82
Total 80.74
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 0.66
Total 0.66
Cash & Cash Equivalent
Cash Margin 0.42
Net Receivables/Payables 18.18
Total 18.60
GRAND TOTAL 100.00

Performance (CAGR Returns in %)
1 yr 3 yr 5 yr SI
SI - Since inception10.38 8.569.40 9.81

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.