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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. |
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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
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.
Banking and PSU
Sep 14, 2013
Nifty Banking & PSU Debt Index
| Regular Plan | |
| Growth: | ₹ 17.2036 |
| Direct Plan | |
| Growth: | ₹ 17.5686 |
₹ 2,389 Cr
₹ 2,500 Cr
| Regular Plan : | 0.50% |
| Direct Plan : | 0.25% |
3.75 years
1 year +
2,389
| Modified Duration | 2.92 years |
| Yield To Maturity | 6.36% |
Nil
| Name of Instrument | Rating | % to Net Assets |
| DEBT INSTRUMENTS | ||
| BOND & NCD's | ||
| Listed / awaiting listing on the stock exchanges | ||
| ✔ Indian Railway Finance Corporation Limited | CRISIL AAA | 9.21% |
| ✔ National Bank for Agriculture and Rural Development | CRISIL AAA | 8.13% |
| ✔ Small Industries Development Bank of India | CARE AAA | 7.68% |
| ✔ Power Finance Corporation Limited | CRISIL AAA | 6.76% |
| ✔ National Highways Authority of India | CRISIL AAA | 5.55% |
| ✔ Hindustan Petroleum Corporation Limited | CRISIL AAA | 5.16% |
| ✔ Power Grid Corporation of India Limited | CRISIL AAA | 4.98% |
| ✔ Export-Import Bank of India | CRISIL AAA | 4.90% |
| ✔ NTPC Limited | CRISIL AAA | 4.88% |
| REC Limited | CRISIL AAA | 4.10% |
| Bharat Petroleum Corporation Limited | CRISIL AAA | 3.67% |
| National Housing Bank | CRISIL AAA | 3.65% |
| Reliance Industries Limited | CRISIL AAA | 3.50% |
| State Bank of India | CRISIL AAA | 2.19% |
| NHPC Limited | CARE AAA | 1.64% |
| National Bank for Agriculture and Rural Development | ICRA AAA | 1.05% |
| NHPC Limited | IND AAA | 0.23% |
| GAIL (India) Limited | CARE AAA | 0.22% |
| Total | 77.50% | |
| Government Securities (Central/State) | ||
| ✔ 7.17% GOI 08012028 | SOV | 10.98% |
| 7.17% Gujarat SDL 08012030 | SOV | 2.79% |
| 7.17% Gujarat SDL 22012030 | SOV | 0.86% |
| 7.18% Gujarat SDL 01012030 | SOV | 0.43% |
| 7.10% Gujarat SDL 05022030 | SOV | 0.42% |
| 8.48% Karnataka SDL 17102022 | SOV | 0.03% |
| Total | 15.51% | |
| MONEY MARKET INSTRUMENTS | ||
| Commercial Paper | ||
| Listed / awaiting listing on the stock exchanges | ||
| Indian Oil Corporation Limited | IND A1+ | 2.09% |
| Chennai Petroleum Corporation Limited | CRISIL A1+ | 2.09% |
| Power Grid Corporation of India Limited | ICRA A1+ | 1.04% |
| Total | 5.22% | |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 4.08% | |
| Total | 4.08% | |
| Cash & Cash Equivalent | ||
| Cash Margin | 0.22% | |
| Net Receivables/Payables | -2.53% | |
| Total | -2.31% | |
| 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 yr | 5 yr | SI | |
| SI - Since inception | 10.70% | 7.74% | 8.12% | 8.76% |
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.
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.