VR Logo
3 star

DSP Strategic Bond Fund - Regular Plan

Add to watchlist
Add to My Investments
Debt: Dynamic Bond

Analysts' Choice?unlock it

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for investment horizon of up to three years) in their longer-term portfolios."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

Rolling Return Graph Demo Header

To see this data, become a Value Research Premium member

Value Research Premium
Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.88 0.00 -0.01 -0.33 1.64 2.67 3.34 9.52 6.81 8.13 8.49
VR Bond 1.74 0.04 0.00 -0.30 1.37 1.73 2.96 6.73 5.84 6.86 7.36
Debt: Dynamic Bond 3.00 -0.01 -0.01 -0.02 1.59 3.00 4.42 7.78 6.31 7.67 8.34
Rank within category 17 10 14 20 7 11 16 4 9 8 7
Number of funds in category 26 28 28 28 28 26 26 24 22 21 16

As on 22-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP Strategic Bond Fund - Regular Plan  | Invest Online
3 star
 May-07 3.34 9.52 6.81 1.15% 714
ICICI Prudential All Seasons Bond Fund  | Invest Now
5 star
 May-09 5.47 9.39 7.92 1.40% 6,124
IDFC Dynamic Bond Fund - Regular Plan
4 star
 Dec-08 2.64 9.62 7.47 1.61% 3,812
Kotak Dynamic Bond Fund - Regular Plan  | Invest Online
5 star
 May-08 4.43 9.58 7.93 1.26% 2,964
SBI Dynamic Bond Fund
4 star
 Feb-04 2.60 9.05 7.28 1.65% 2,844

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.01 16-Apr-2020 - 23-Apr-2020 -4.51 03-Jun-2019 - 10-Jun-2019
Month 6.66 11-Jun-2019 - 11-Jul-2019 -3.12 10-May-2019 - 10-Jun-2019
Quarter 10.09 10-Jun-2019 - 09-Sep-2019 -4.08 24-Nov-2016 - 23-Feb-2017
Year 20.71 11-Jun-2019 - 10-Jun-2020 -4.33 24-Jan-2008 - 23-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.44 3.96 1.39 1.90 1.36 1.60
VR Bond 6.81 2.11 1.36 1.85 -- --
Debt: Dynamic Bond 7.71 3.57 1.23 1.87 1.03 0.83
Rank within category 4 18 11 13 19 7
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 18 6 23
Modified Duration (yrs) 3.73 7.64 3.12 3.62
Average Maturity (yrs) 5.00 12.64 3.88 5.01
Yield to Maturity (%) 5.29 6.11 5.17 5.52
Avg Credit Rating -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.17% GOI 2028 GOI Securities SOV 0.00 - 33.93 11.28
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 10.77 10.77
down 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 28.59 9.80
equal 7.59% GOI 2026 GOI Securities SOV 0.00 - 10.39 7.64
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 12.85 7.46
new 7.03% Indian Railway Finance Corporation 30/07/2036 Non Convertible Debenture AAA 0.00 - 7.12 7.12
up 6.10% GOI 2031 GOI Securities SOV 0.00 - 7.04 7.04
equal 5.85% REC 20/12/2025 Non Convertible Debenture AAA 0.00 - 4.32 3.69
down 7.09% Food Corporation of India 13/08/2031 Non Convertible Debenture AAA 0.00 - 7.10 3.57
equal 6.43% HDFC 29/09/2025 Debenture AAA 0.00 - 2.68 2.15
equal 8.32% Karnataka State 13/03/2029 State Development Loan SOV 0.00 - 0.00 0.00
equal 8.53% Gujarat State 20/11/2028 State Development Loan SOV 0.00 - 0.00 0.00

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021

Fund Manager

— Laukik Bagwe since 17-Jul-2021

Education: Mr. Bagwe is a B.Com (H) and PGDBA (Finance)

Experience: Prior to joining DSP Mutual Fund he has worked with Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.

Funds Managed:

— Vikram Chopra since 18-Jul-2016

Education: Mr. Chopra is B.Com (H) and MBA from Institute of Management.

Experience: Prior to joining DSP Mutual Fund he has worked with L&T Mutual Fund, IDBI Bank Ltd. and Axis Bank Ltd.

Funds Managed:

Invest Online
0.00%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 2,684.2463

IDCW Weekly: ₹ 1,051.9724

More

IDCW Quarterly: ₹ 1,260.6332

IDCW Monthly: ₹ 1,057.5788

IDCW Daily: ₹ 1,065.2202

Investment Strategy

The scheme seeks to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities. It would invest across the range of debt instruments across the maturity range.

Investment Details

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: DSP Mutual Fund
Launch Date: 09-May-2007
Return Since Launch: 7.92%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 714 Cr (As on 30-Sep-2021)
Expense: 1.15% (As on 30-Sep-2021)
Risk Grade: Above Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly28-Sep-20217.6240

 27-Aug-20218.0099
 28-Jul-20213.1793
 28-May-20213.2035
 28-Jan-20210.5702
 28-Dec-20204.5738
 27-Nov-20204.5631
 28-Oct-202011.9839
 28-Jul-202012.4091
 26-Jun-20203.9808
 28-May-202021.6629
 28-Apr-202026.2491
 27-Mar-20204.5730
 28-Feb-202021.9670
 28-Jan-20201.8678
 27-Dec-20193.9410
 28-Nov-20195.7903
 25-Oct-20195.5502
 27-Sep-201915.6123
 26-Jul-201917.8524
 28-Jun-20191.2106
 28-May-20190.3677
 28-Mar-201915.6556
 28-Feb-20192.6088
 28-Dec-201813.9708
IDCW Daily22-Sep-20210.0243

 21-Sep-20210.3613
 20-Sep-20210.5915
 19-Sep-20212.5327
 16-Sep-20210.0060
 15-Sep-20210.2989
 14-Sep-20211.1494
 05-Sep-20210.8910
 02-Sep-20211.3637
 01-Sep-20211.8277
 31-Aug-20211.2432
 30-Aug-20210.4073
 29-Aug-20211.9564
 26-Aug-20210.3485
 24-Aug-20210.5364
 22-Aug-20210.5504
 19-Aug-20210.1044
 17-Aug-20212.0283
 16-Aug-20211.2763
 12-Aug-20210.0943
 10-Jun-20211.2263
 04-Jan-20210.3024
 03-Jan-20214.0245
 31-Dec-20200.4108
 30-Dec-20200.6005
IDCW Weekly22-Sep-20213.4737

 15-Sep-20212.1156
 08-Sep-20211.5458
 01-Sep-20215.8455
 25-Aug-20210.9532
 19-Aug-20214.0299
 11-Aug-20210.2643
 04-Aug-20210.6092
 09-Jun-20212.0176
 06-Jan-20212.4282
 30-Dec-20203.1427
 23-Dec-20200.1199
 09-Dec-20200.4252
 25-Nov-20202.5449
 18-Nov-20202.5835
 04-Nov-20201.2812
 28-Oct-20204.9342
 21-Oct-20200.3088
 14-Oct-20205.5973
 22-Jul-20200.2493
 15-Jul-20202.7998
 08-Jul-20206.5093
 01-Jul-20206.1978
 24-Jun-20200.8909
 17-Jun-20200.0050
IDCW Quarterly26-Mar-202171.9200

 27-Mar-202079.3887
 28-Mar-201959.5389
 28-Mar-201820.3052
 27-Mar-201779.6018
 28-Mar-201622.2971
 28-Sep-20153.6113
 26-Sep-201414.6565
 27-Jun-201429.9226
 28-Mar-201415.8685
 27-Dec-201310.2546
 28-May-201335.8845
 28-Mar-201319.8843
 28-Dec-201216.4847
 28-Sep-201221.1116
 28-Jun-201219.8677
 28-Mar-201216.1664
 28-Dec-201122.0165
 29-Sep-201119.5654
 28-Jun-201117.6566
 28-Mar-201114.9665
 28-Dec-20108.9711
 28-Sep-201010.2854
 28-Jun-20108.3452
 26-Mar-20108.5815

Contact Information

AMC: DSP Investment Managers Pvt. Ltd.

Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069

Phone: 022-66178000

Fax: 022-56578181

Website: https://www.dspim.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

The investment mindset: These women show the way

DateFriday, 29-Oct-2021
Time12:30 PM - 01:00 PM

Reserve your Spot