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DSP Regular Savings Fund An open ended hybrid scheme investing predominantly in debt instruments |
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- Conservative Hybrid scheme investing predominantly in fixed income instruments.
- Potential to earn returns greater than fixed income and suitable for investors with an investment horizon of 3 years and above.
Vikram Chopra (Debt portion)
Total work experience of 18
years.
Managing this Scheme since
July 2016.
Vinit Sambre (Equity portion)
Total work experience of 21
years
Managing the Scheme
since June 2020
Jay Kothari (Dedicated Fund
Manager for overseas
investments)
Total work experience of 16
years.
Managing this Scheme since
March 2018.
Conservative Hybrid
Jun 11, 2004
CRISIL Hybrid 85+15-Conservative Index
| Regular Plan | |
| Growth: | ₹ 40.0257 |
| Direct Plan | |
| Growth: | ₹ 43.2853 |
₹ 192 Cr
₹ 191 Cr
| Standard Deviation : | 7.46% |
| Beta : | 1.47 |
| R-Squared : | 71.04% |
| Sharpe Ratio : | -0.03 |
| Regular Plan : | 2.21% |
| Direct Plan : | 0.49% |
2.81 years
> 3 years +
| Modified Duration@@ | 2.36 years |
| Yield To Maturity@@ | 5.14% |
| Portfolio Macaulay Duration@@ | 2.47 years |
Holding Period: < 12 months: 1%~
Holding Period: >= 12 months: Nil
~If the units redeemed or switched out are upto 10%
of the units (thelimit) purchased or switched: Nil.
@@Computed on the invested amount for debt portfolio
Data As On November 27, 2020
| Name of Instrument | % to Net Assets | |
| EQUITY & EQUITY RELATED | ||
| Listed / awaiting listing on the stock exchanges | ||
| Finance | 6.00 | |
| Bajaj Finance Limited | 2.43 | |
| Max Financial Services Limited | 1.94 | |
| ICICI Lombard General Insurance Company Limited | 1.10 | |
| HDFC Life Insurance Company Limited | 0.53 | |
| Pharmaceuticals | 4.18 | |
| Cipla Limited | 1.75 | |
| IPCA Laboratories Limited | 1.70 | |
| JB Chemicals & Pharmaceuticals Limited | 0.73 | |
| Banks | 4.04 | |
| ✔ HDFC Bank Limited | 3.22 | |
| Kotak Mahindra Bank Limited | 0.82 | |
| Software | 3.09 | |
| Infosys Limited | 1.85 | |
| Tata Consultancy Services Limited | 1.25 | |
| Consumer Durables | 3.07 | |
| Voltas Limited | 1.71 | |
| V-Guard Industries Limited | 0.82 | |
| Crompton Greaves Consumer Electricals Limited | 0.55 | |
| Consumer Non Durables | 1.59 | |
| Dabur India Limited | 0.82 | |
| Hatsun Agro Product Limited | 0.77 | |
| Cement | 1.18 | |
| Shree Cement Limited | 0.66 | |
| UltraTech Cement Limited | 0.52 | |
| Auto Ancillaries | 1.06 | |
| Balkrishna Industries Limited | 1.06 | |
| Gas | 0.45 | |
| Gujarat State Petronet Limited | 0.45 | |
| Services | 0.29 | |
| Quess Corp Limited | 0.29 | |
| Industrial Products | 0.20 | |
| Wim Plast Ltd. | 0.20 | |
| Total | 25.17 | |
| Name of Instrument | Rating | "to Net Assets" |
| DEBT INSTRUMENTS | ||
| BOND & NCD's | ||
| Listed / awaiting listing on the stock exchanges | ||
| ✔ Power Grid Corporation of India Limited | CRISIL AAA | 8.53 |
| ✔ Export-Import Bank of India | CRISIL AAA | 8.49 |
| ✔ National Bank for Agriculture and Rural Development | CRISIL AAA | 8.32 |
| ✔ REC Limited | CRISIL AAA | 5.74 |
| ✔ National Highways Authority of India | CRISIL AAA | 5.74 |
| ✔ Indian Oil Corporation Limited | CRISIL AAA 5.69% | |
| ✔ Hindustan Petroleum Corporation Limited | CRISIL AAA | 3.98 |
| GAIL (India) Limited | CARE AAA | 2.91 |
| NTPC Limited | CRISIL AAA | 1.31 |
| Total | 50.71 | |
| Unlisted | ||
| ✔ KKR India Financial Services Private Limited | CRISIL AA | 7.27 |
| Total | 7.27 | |
| Government Securities (Central/State) | ||
| ✔ 7.32% GOI 28-01-2024 | SOV | 8.68 |
| 7.59% GOI 11-01-2026 | SOV | 2.95 |
| 6.18% GOI 04-11-2024 | SOV | 2.75 |
| Total | 14.38 | |
| MONEY MARKET INSTRUMENTS | ||
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 2.61 | |
| Total | 2.61 | |
| Cash & Cash Equivalent | ||
| Net Receivables/Payables | -0.14 | |
| Total | -0.14 | |
| GRAND TOTAL | 100.00 |
as on 27th Nov'20
✔ Top Ten Holdings
DSP Regular Savings Fund erstwhile known as DSP MIP Fund (Monthly income is not assured and is subject to
availability of distributable surplus)
@@Computed on the invested amount for debt portfolio
Notes:1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND.
2. Pursuant to SEBI circular SEBI/HO/IMD/DF4/CIR/P/2019/102 dated September 24, 2019 read with
circular no. SEBI/HO/IMD/DF4/CIR/P/2019/41 dated March 22, 2019. Below are the details of the
securities in case of which issuer has defaulted beyond its maturity date.
| Security | ISIN |
value of the security
considered under net
receivables (i.e. value
recognized in NAV in
absolute terms and as
% to NAV) (Rs.in lakhs) |
total amount
(including
principal and
interest) that
is due to the
scheme on that
investment (Rs.in lakhs) | |
| 0% IL&FS Transportation Networks Limited Ncd Series A 23032019 | INE975G08140 | 0.00 | 0.00% | 1,855.79 |
| Performance (CAGR Returns in %) | ||||
| 1 yr | 3 yr | 5 yr | SI* | |
| 8.20 | 3.21 | 6.10 | 8.78 | |
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.
| Positions Exited |
| Consumer Non Durables |
| Nestle India Limited |
| Industrial Capital Goods |
| Bharat Electronics Limited |
| Auto Ancillaries |
| Minda Industries Limited |
| New Position Bought |
| Cement |
| UltraTech Cement Limited |
Rebalances below 0.25 % are not considered.
An Open Ended Income Scheme,
seeking to generate income,
consistent with prudent risk, from
a portfolio which is substantially
constituted of quality debt
securities. The scheme will
also seek to generate capital
appreciation by investing a smaller
portion of its corpus in equity and
equity related securities of issuers
domiciled in India.
There is no assurance that the
investment objective of the
Scheme will be realized.
This Open Ended conservative hybrid scheme is suitable for investors who are seeking*
• Income and capital growth over a medium-term investment horizon
• Investment predominantly in debt securities, with balance exposure in equity/equity-related securities
* Investors should consult their financial advisors if in doubt whether the product is suitable for them.