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 JUNE 30, 2020
Regular Plan  
Growth: ₹ 71.4587
Direct Plan  
Growth: ₹ 74.0582
Total aum

₹ 918 Cr

Monthly average aum

₹ 1,028 Cr

Month End Expense Ratio
Regular Plan : 1.09%
Direct Plan : 0.56%
Average Maturity

10.33 years

Investment Horizon (Minimum)

> 5 years +

AUM as on 30 June 2020 (₹ in Cr)

918

Quantitative Measures
Modified Duration 7.06 years
Yield To Maturity 6.17%
Exit Load

Nil

Name of InstrumentRating% to Net Assets
Arbitrage
Interest rate Futures -8.42
Total -8.42
DEBT INSTRUMENTS
CENTRAL GOVERNMENT SECURITIES
7.26% GOI 14-01-2029 SOV 47.14
7.57% GOI 17-06-2033 SOV 33.20
7.95% GOI 28-08-2032 SOV 12.64
7.17% GOI 08-01-2028 SOV 6.02
Total 99.00
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 1.78
Total 1.78
Cash & Cash Equivalent
Cash Margin 0.42
Net Receivables/Payables -1.20
Total -0.78
GRAND TOTAL 100.00

Performance (CAGR Returns in %)
1 yr 3 yr 5 yr SI
SI - Since inception14.89 9.109.98 9.93

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.