1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.
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 an investment horizon of up to three years) in their longer-term portfolios.
Taxability of earnings:
|CCIL All Sovereign Bond - TRI*||-0.68||-0.15||0.28||1.89||-0.71||1.55||8.50||10.22||9.02||10.34||9.04|
|Rank within category*||5||8||4||7||6||5||3||2||6||8||13|
|Number of funds in category*||26||29||28||26||26||25||25||25||24||23||20|
As on 12-Apr-2021
* As on 13-Apr-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|DSP Government Securities Fund | Invest Online||Sep-99||9.75||10.39||9.07||1.07||444|
|SBI Magnum Gilt Fund | Invest Online||Dec-00||9.53||9.75||9.30||0.95||3,699|
|IDFC Government Securities Fund - Investment Plan - Regular Plan||Dec-08||9.22||10.59||9.33||1.24||1,591|
|Nippon India Gilt Securities PF||Aug-08||7.82||9.60||9.21||1.71||1,525|
|SBI Magnum Gilt Fund - PF||Nov-03||9.53||9.75||9.30||0.95||3,699|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||6.62||11-Dec-2008 - 18-Dec-2008||-4.17||05-Feb-2003 - 12-Feb-2003|
|Month||14.51||18-Nov-2008 - 18-Dec-2008||-6.24||15-Jan-2003 - 14-Feb-2003|
|Quarter||28.71||03-Oct-2008 - 02-Jan-2009||-7.70||05-Jan-2009 - 06-Apr-2009|
|Year||35.04||03-Jan-2008 - 02-Jan-2009||-5.96||15-Jan-2009 - 15-Jan-2010|
|CCIL All Sovereign Bond - TRI||9.67||4.90||1.06||1.54||--||--|
|Rank within category||2||11||1||5||12||1|
|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 31-Mar-2021
|Fund||1Y High||1Y Low||Category|
|Number of Securities||5||7||3||11|
|Modified Duration (yrs)||5.00||8.72||5.00||--|
|Average Maturity (yrs)||6.91||16.20||6.91||--|
|Yield to Maturity (%)||5.55||6.41||5.55||--|
|Avg Credit Rating||GOI/Cash||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|5.85% GOI 2030||GOI Securities||SOV||0.00 - 32.51||23.59|
|7.27% GOI 2026||GOI Securities||SOV||0.00 - 13.82||12.29|
|7.26% GOI 14/01/2029||GOI Securities||SOV||0.00 - 47.14||12.00|
|7.17% GOI 2028||GOI Securities||SOV||0.00 - 16.42||11.98|
|6.79% GOI 15/05/2027||GOI Securities||SOV||0.00 - 16.77||11.91|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Mar-2021
*As on 28-Feb-2021
Education: Mr. Bhatia holds Post Graduation Diploma in Business Management, Finance.
Experience: Prior to joining DSP Mutual Fund, had worked with ICICI Bank, HSBC Global Asset Management.
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.
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The scheme seeks to generate returns through investments in central government securities with maturity between one and 30 years.
|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|
|Fund House:||DSP Mutual Fund|
|Return Since Launch:||9.72%|
|Assets:||₹ 444 Cr (As on 31-Mar-2021)|
|Expense:||1.07% (As on 28-Feb-2021)|
|Plan||Record Date||Dividend (₹ / Unit)|
|IDCW Half Yearly||26-Mar-2021||0.1504|
Fund News - 15-Jul-2016
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
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
Email: [email protected]