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.
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.

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

Fund Manager

Vikram Chopra
Total work experience of 18 years.
Managing this Scheme since July 2016.

Saurabh Bhatia
Total work experience of 19 years.
Managing this Scheme since February 2018.

Fund Category

Banking and PSU

Inception date

Sep 14, 2013

Benchmark

Nifty Banking & PSU Debt Index

NAV
Regular Plan  
Growth: ₹ 18.6646
Direct Plan  
Growth: ₹ 19.0960
Total aum

₹ 3,576 Cr

Monthly average aum

₹ 3,949 Cr

Month End Expense Ratio
Regular Plan : 0.58%
Direct Plan : 0.32%
Average Maturity

3.30 years

Investment Horizon (Minimum)

1 year +

Quantitative Measures
Modified Duration 2.77 years
Yield To Maturity 4.63%
Portfolio Macaulay Duration 2.87 years
Exit Load

Nil

Data As On November 27, 2020

Name of InstrumentRating % to Net Assets
DEBT INSTRUMENTS
BOND & NCD's
Listed / awaiting listing on the stock exchanges
✔ NTPC Limited CARE AAA 10.12
✔ Hindustan Petroleum Corporation Limited CRISIL AAA 9.53
✔ Power Finance Corporation Limited CARE AAA 8.14
✔ Indian Oil Corporation Limited CRISIL AAA 7.15
✔ National Housing Bank CRISIL AAA 6.99
✔ Indian Railway Finance Corporation Limited CARE AAA 4.51
✔ National Bank for Agriculture and Rural Development CRISIL AAA 3.63
Indian Railway Finance Corporation Limited CRISIL AAA 3.32
REC Limited CRISIL AAA 2.73
Oil & Natural Gas Corporation Limited ICRA AAA 2.54
Small Industries Development Bank of India ICRA AAA 2.30
National Highways Authority of India CRISIL AAA 2.22
Power Grid Corporation of India Limited CRISIL AAA 1.74
Housing Development Finance Corporation Limited CRISIL AAA 1.70
Export-Import Bank of India CRISIL AAA 1.69
National Bank for Agriculture and Rural Development ICRA AAA 1.37
NHPC Limited CARE AAA 1.11
Power Finance Corporation Limited CRISIL AAA 1.03
REC Limited CARE AAA 0.84
Power Grid Corporation of India Limited CARE AAA 0.36
NTPC Limited CRISIL AAA 0.32
Small Industries Development Bank of India CARE AAA 0.27
GAIL (India) Limited CARE AAA 0.16
NHPC Limited IND AAA 0.16
Total 73.93
Government Securities (Central/State)
✔ 7.27% GOI 08-04-2026 SOV 7.15
✔ 7.26% GOI 14-01-2029 SOV 6.21
✔ 6.79% GOI 15-05-2027 SOV 4.32
7.17% GOI 08-01-2028 SOV 3.25
6.97% GOI 06-09-2026 SOV 1.22
7.64% Gujarat SDL 08-11-2027 SOV 0.15
8.48% Karnataka SDL 17-10-2022 SOV 0.02
Total 22.32
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 2.24
Total 2.24
Cash & Cash Equivalent
Cash Margin 0.15
Net Receivables/Payables 1.36
Total 1.51
GRAND TOTAL 100.00

as on 27th Nov'20

✔ 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 yr5 yrSI*
10.508.878.669.04
*SI - Since inception
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

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.

Product Labelling

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.