DSP Bond Fund - Regular Plan - Growth
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Min amount: ₹500
- Fund Summary
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|Fund Type||Medium Duration|
More about this fund
|National Bank For Agriculture and Rural Development||9.28%|
|Housing Development Finance Corporation Limited||9.22%|
|Power Finance Corporation Limited||7.86%|
|State Bank of India||7.26%|
|National Highways Authority of India||6.28%|
|Export-Import Bank of India||5.69%|
|Bank of Baroda||4.85%|
|State Bank Of India||1.79%|
|Indian Railway Finance Corporation Limited||1.61%|
About DSP Bond Fund
Being an open-ended debt fund, the fund aims at attractive and reasonable return from a portfolio of high quality debt instruments consistent with prudent risk. The fund also seeks to generate capital appreciation. The Macaulay duration is between 3 years to 4 years.
Pros and Cons of DSP Bond Fund
This product is suitable for those who are seeking:
- High credit quality over medium duration.
- In order to meet the liquidity requirements the scheme invests its certain corpus in money market securities, from time to time.
- The fund is invested in debt and money market securities.
Fund Information and Statistics of DSP Bond Fund
Inception/ Launch Date
The DSP Bond Fund was launched on 29 April 1997, by DSP Mutual Fund.
The investment suffers from credit risk and interest risk. There is a higher probability of default as the fund manager may invest in low-credit rated securities which may lead to credit risk. Due to an increase in the interest rates the bond prices may fall which again leads to interest rate risk.
The dispatch of redemption proceeds within 10 business days from the date of receipt of the redemption request from the unit holder. The scheme is open for redemption of units on every business days at prevailing NAV based prices.
Mr. Pankaj Sharma since July 2016 and Mr.Saurabh Bhatia since February 2018 are the fund managers of DSP Bond Fund.
Entry/ Exit Load
The entry load is NIL for investing in this fund. The exit load of 0.25% is applicable if the units are redeemed within 6 months from the date of allotment of the units.
Tax benefits of investing in DSP Bond Fund
If the units are held for less than 3 years, a short term capital gains tax is applicable according to investors income slab. If units are held for more than 3 years, then the long term capital gains are taxed at 20% after indexation.
About DSP Mutual Fund
DSP Mutual Fund is one of the leading mutual fund companies in India under the roof of DSP Group. DSP Mutual Fund manages assets of Rs.97000 crores across equity, fixed income and alternatives. In India, they have an influential growth in capital markets and money management business.
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Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns