DSP Strategic Bond Fund
An open ended dynamic debt scheme investing across duration
DSP Strategic Bond Fund
An open ended dynamic debt scheme investing across duration

Active duration management across credit and sovereign
Suitable for investor seeking strategic fixed income allocation for investment horizon of >5 years; invests in sovereign and corporate debt

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

Dynamic Bond

Inception date

May 9, 2007

Benchmark

CRISIL Composite Bond Fund Index

NAV AS ON JUNE 30, 2020
Regular Plan  
Growth: ₹ 2554.8006
Direct Plan  
Growth: ₹ 2635.8613
Total aum

₹ 1,190 Cr

Monthly average aum

₹ 1,299 Cr

Month End Expense Ratio
Regular Plan : 1.11%
Direct Plan : 0.50%
Average Maturity

7.75 years

Investment Horizon (Minimum)

> 3years +

AUM as on 30 June 2020 (₹ in Cr)

1,190

Quantitative Measures
Modified Duration 5.78 years
Yield To Maturity 5.88%
Exit Load

Nil

Name of InstrumentRating% to Net Assets
DEBT INSTRUMENTS
BOND & NCD's
Listed / awaiting listing on the stock exchanges
NTPC Limited CRISIL AAA 0.02
Total 0.02
CENTRAL GOVERNMENT SECURITIES
7.26% GOI 14-01-2029 SOV 27.08
7.17% GOI 08-01-2028 SOV 20.92
7.59% GOI 11-01-2026 SOV 19.67
6.79% GOI 15-05-2027 SOV 12.07
6.45% GOI 07-10-2029 SOV 11.00
6.68% GOI 17-09-2031 SOV 7.98
5.79% GOI 11-05-2030 SOV 0.19
8.32% Karnataka SDL 13-03-2029 SOV *
8.53% Gujarat SDL 20-11-2028 SOV *
Total 98.91
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 1.04
Total 1.04
Cash & Cash Equivalent
Cash Margin 0.33
Net Receivables/Payables -0.30
Total 0.03
GRAND TOTAL 100.00

✔ Top Ten Holdings
* Less than 0.01%
Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND.


Performance (CAGR Returns in %)
1 yr 3 yr5 yrSI
SI - Since inception16.60 8.35 8.97 8.39

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 optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities.
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 medium to long term investment horizon
• Investment in actively managed portfolio of money market and debt securities

* Investors should consult their financial advisors if in doubt whether the product is suitable for them.