DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund - Direct Plan

About DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund - Direct Plan

DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund - Direct Plan is a debt mutual fund scheme of DSP Mutual Fund. Launched on March 21, 2022, it is currently managed by Shantanu Godambe. The fund has an expense ratio of 0.16% with an overall AUM (Assets Under Management) of ₹1,805 Cr.

DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund - Direct Plan has a fixed tenure and it invests in bonds whose maturity is in line with the tenure of the fund. Being passively managed, it replicates the portfolio of its chosen benchmark index. Upon the completion of the stated tenure, the fund will be wound up and money will be returned to investors along with accumulated gains. But they do not guarantee returns or safety of capital. The fund allows minimum lumpsum investment of ₹100 and minimum SIP of ₹100.

Investment Strategy

The scheme seeks to track the Nifty SDL Plus G-Sec Jun 2028 30:70 Index by investing in Government Securities (G-Sec) and SDLs, maturing on or before June 2028 and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error.

Suitability

Target Maturity funds are suitable for investors:

• Looking for a debt fund with high predictability of returns
• Whose investment horizon matches with the fund's tenure
• Looking to earn marginally higher than FDs of similar maturity, with low volatility

Note:

• Unlike FD, there is no guarantee of returns
• Not suitable for long-term wealth creation
• Being passively managed, the fund replicates the portfolio of its chosen benchmark index