DSP Banking & PSU Debt Fund Direct-Growth

Q: What are the returns of DSP Banking & PSU Debt Fund?

The DSP Banking & PSU Debt Fund is a 11 yrs 7 m old fund and has delivered average annual returns of 8.14% since inception. DSP Banking & PSU Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 10.49% 7.57% 6.9% 7.7% 8.14%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹24.8298+0.08% 1 day change	8.14% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹24.8298 as on Apr 23, 2025

This fund Category average

DSP Banking & PSU Debt Fund overview

VRO rating	2
Expense ratio	0.33% as on Mar 31, 2025
Exit load	0% Exit load of 0.50% if redeemed within 3 months.!
AUM (Fund size)	₹3,409 Crs
Lock-in	No Lockin
Age	11 yrs 7 m since Sep 10, 2013
Benchmark	Nifty Banking & PSU Debt Index A-II
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

DSP Banking & PSU Debt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	2.3%	1.95%
3 months	3.57%	3.3%
6 months	5.04%	5.0%
1 year	10.49%	9.71%
3 years	7.57%	7.4%
5 years	6.9%	6.87%
7 years	7.61%	7.49%
10 years	7.7%	7.58%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 64.25%

SOV 25.28%

A1+ 9.14%

Cash & Call Money 1.1%

Top Debt Holdings

Maharashtra State 7.08%

Power Finance Corporation Ltd. 6.83%

Small Industries Devp. Bank of India Ltd. 4.9%

GAIL (India) Ltd. 3.01%

Allocation by Instruments

Debenture 37.900000000000006%

Bonds 13.38%

GOI Securities 12.719999999999999%

State Development Loan 9.63%

Other Holdings

Others 2.24%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
DSP Banking & PSU Debt Fund	N.A.	₹3,409 Crs	11 yrs 7 m	0.33%
ICICI Prudential Banking & PSU Debt Fund	N.A.	₹10,368 Crs	12 yrs 3 m	0.39%
Axis Banking & PSU Debt Fund	N.A.	₹12,961 Crs	12 yrs 3 m	0.35%
LIC MF Banking & PSU Fund	N.A.	₹1,702 Crs	12 yrs 3 m	0.28%
Bandhan Banking & PSU Debt Fund	N.A.	₹13,397 Crs	12 yrs 1 m	0.33%
Aditya Birla Sun Life Banking & PSU Debt Fund	N.A.	₹8,588 Crs	12 yrs 3 m	0.39%

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Banking & PSU Debt Fund	2.3%	5.04%	10.49%	7.57%	6.9%	7.7%
ICICI Prudential Banking & PSU Debt Fund	1.79%	5.06%	9.56%	7.84%	7.41%	7.99%
Axis Banking & PSU Debt Fund	1.8%	4.96%	9.33%	7.11%	6.71%	7.64%
LIC MF Banking & PSU Fund	2.2%	5.23%	10.05%	7.4%	6.55%	7.37%
Bandhan Banking & PSU Debt Fund	1.57%	4.76%	9.26%	7.12%	6.87%	7.6%
Aditya Birla Sun Life Banking & PSU Debt Fund	2.0%	5.08%	9.89%	7.45%	7.1%	7.96%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Banking & PSU Debt Fund	1.43	2.58	0.42	0.7
ICICI Prudential Banking & PSU Debt Fund	0.84	1.39	1.24	1.59
Axis Banking & PSU Debt Fund	0.95	1.84	0.38	0.54
LIC MF Banking & PSU Fund	1.16	2.26	0.46	0.69
Bandhan Banking & PSU Debt Fund	0.96	2.06	0.38	0.47
Aditya Birla Sun Life Banking & PSU Debt Fund	1.04	2.09	0.55	0.7

View all Banking And Psu funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.96 vs. 3.97 Higher outperformance against benchmark
Sharpe	0.42 vs. 3.21 Poor risk-adjusted returns
Beta	2.58 vs. 1.44 More sensitive to market's ups & downs
Standard deviation	1.43 vs. 1.25 More volatile performance

Compare DSP Banking & PSU Debt Fund in detail with

About this fund

About DSP Banking & PSU Debt Fund

DSP Banking & PSU Debt Fund Direct-Growth is a Banking and PSU mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 11 yrs 7 m, having been launched on 10/09/2013. DSP Banking & PSU Debt Fund Direct-Growth has ₹3,409 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Banking & PSU Debt Fund Direct-Growth as of 23/04/2025 is ₹24.83. The fund has an expense ratio of 0.33%, which is close to what most other Banking And Psu funds charge.

DSP Banking & PSU Debt Fund Direct-Growth returns of last 1-year are 10.50%. Since launch, it has delivered 8.15% average annual returns. The fund has doubled the money invested in it every 10 yrs.
DSP Banking & PSU Debt Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Maharashtra State, Power Finance Corporation Ltd., Small Industries Devp. Bank of India Ltd., GAIL (India) Ltd., GOI.

...

Fund AUM	₹3,409 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Shantanu Godambe

Mr. Godambehas done B.Com, MS (Finance) and CFA Prior to joining DSP Mutual Fund, he has worked with Yes Bank, Prebon Yamane and ICAP India Private Limited

Sandeep Yadav

Mr. Yadav is a Computer Engineer (Pune University), PGDBM (IIM Bangalore) and a CFA chartered holder. Prior to joining DSP, he has worked with Cognizant Technologies, Hughes Services and Mahindra British Telecom.

Investment objective

The Scheme seeks to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings.

DSP Mutual Fund details

No. of schemes	50 view all schemes
Total AUM	₹1,87,436 Crs as on Mar 31, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
DSP Gilt Fund	N.A.	₹1,566 Crs	13.67%	9.19%
DSP Strategic Bond Fund	N.A.	₹1,504 Crs	13.33%	8.97%
DSP 10Y G-Sec Fund	N.A.	₹59 Crs	12.06%	8.21%
DSP Floater Fund	N.A.	₹537 Crs	10.63%	8.16%
DSP Bond Fund	N.A.	₹305 Crs	10.3%	7.63%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of DSP Banking & PSU Debt Fund?

The current Net Asset Value (NAV) of the DSP Banking & PSU Debt Fund - Direct Growth plan is approximately ₹24.8298 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The DSP Banking & PSU Debt Fund is a 11 yrs 7 m old fund and has delivered average annual returns of 8.14% since inception.

DSP Banking & PSU Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
10.49%	7.57%	6.9%	7.7%	8.14%

How much does this mutual fund charge as expense ratio?

The DSP Banking & PSU Debt Fund - Direct Growth has an expense ratio of 0.33%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The DSP Banking & PSU Debt Fund currently has assets under management (AUM) or fund size valued at approximately ₹3,409 Crs crore as of Mar 31, 2025.

To whom does DSP Banking & PSU Debt Fund lend to?

The top 3 debt holdings of DSP Banking & PSU Debt Fund are as follows

Holding Name	Percentage of Portfolio
Maharashtra State	7.08%
Power Finance Corporation Ltd.	6.83%
Small Industries Devp. Bank of India Ltd.	4.9%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The DSP Banking & PSU Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	64.25%
SOV	25.28%
A1+	9.14%

What is risk level of DSP Banking & PSU Debt Fund?

This is a Banking And Psu fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in DSP Banking & PSU Debt Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for DSP Banking & PSU Debt Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in DSP Banking & PSU Debt Fund is complete.

How can I redeem my investments in DSP Banking & PSU Debt Fund?

Redeeming your investments in DSP Banking & PSU Debt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in DSP Banking & PSU Debt Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Banking and PSU

#NA

Return Outperformance: This fund has generated highest return amongst Banking and PSU funds in the last 10 Years.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.