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 18 years.
Managing this Scheme since July 2016.

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

Fund Category

Dynamic Bond

Inception date

May 9, 2007

Benchmark

CRISIL Composite Bond Fund Index

NAV
Regular Plan  
Growth: ₹ 2609.5551
Direct Plan  
Growth: ₹ 2697.8989
Total aum

₹ 1,777 Cr

Monthly average aum

₹ 1,755 Cr

Month End Expense Ratio
Regular Plan : 1.16%
Direct Plan : 0.49%
Average Maturity

12.64 years

Investment Horizon (Minimum)

> 3years +

Quantitative Measures
Modified Duration 7.45 years
Yield To Maturity 6.01%
Portfolio Macaulay Duration 7.68 years
Exit Load

Nil

Data As On October 31, 2020

Name of InstrumentRating% to Net Assets
DEBT INSTRUMENTS
Government Securities (Central/State)
5.77% GOI 03-08-2030 SOV 27.18%
7.26% GOI 14-01-2029 SOV 25.15%
7.17% GOI 08-01-2028 SOV 17.95%
6.45% GOI 07-10-2029 SOV 12.55%
6.80% GOI 15-12-2060 SOV 8.41%
7.16% GOI 20-09-2050 SOV 6.35%
7.40% GOI 09-09-2035 SOV 1.56%
7.59% GOI 11-01-2026 SOV 0.10%
8.32% Karnataka SDL 13-03-2029 SOV *
8.53% Gujarat SDL 20-11-2028 SOV *
Total 99.25%
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 1.89%
Total 1.89%
Cash & Cash Equivalent
Cash Margin 0.22%
Net Receivables/Payables -1.36%
Total -1.14%
GRAND TOTAL 100.00

as on 30th Oct'20

* 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*
12.358.888.548.34
*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

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.