DSP Corporate Bond Fund Direct - Growth

Q: What are the returns of DSP Corporate Bond Fund?

The DSP Corporate Bond Fund is a 6 yrs 8 m old fund and has delivered average annual returns of 7.37% since inception. DSP Corporate Bond Fund Returns 1-Year 3-Year 5-Year Since Inception 8.97% 6.77% 6.22% 7.37%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹16.0335+0.03% 1 day change	7.37% p.a.	#NA View Ranked Funds	1

Historical NAV & returns

NAV: ₹16.0335 as on Apr 23, 2025

This fund Category average

DSP Corporate Bond Fund overview

VRO rating	1
Expense ratio	0.29% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹2,669 Crs
Lock-in	No Lockin
Age	6 yrs 8 m since Aug 23, 2018
Benchmark	CRISIL Corporate Debt A-II
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

DSP Corporate Bond 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	1.43%	1.95%
3 months	2.74%	3.37%
6 months	4.46%	5.11%
1 year	8.97%	10.01%
3 years	6.77%	7.45%
5 years	6.22%	7.02%

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 84.68%

SOV 14.8%

Others 0.27%

Cash & Call Money 0.25%

Top Debt Holdings

GOI 14.8%

National Bank For Agriculture & Rural Development 7.94%

Indian Oil Corporation Ltd. 6.5%

Indian Railway Finance Corporation Ltd. 5.37%

Allocation by Instruments

Debenture 39.87%

Bonds 21.35%

Bonds/NCDs 15.850000000000001%

GOI Securities 14.8%

Other Holdings

Others 0.14%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
DSP Corporate Bond Fund	N.A.	₹2,669 Crs	6 yrs 8 m	0.29%
Nippon India Corporate Bond Fund	N.A.	₹6,738 Crs	12 yrs 3 m	0.36%
PGIM India Corporate Bond Fund	N.A.	₹91 Crs	12 yrs 3 m	0.28%
Kotak Corporate Bond Fund	N.A.	₹14,639 Crs	12 yrs 3 m	0.34%
Sundaram Corporate Bond Fund	N.A.	₹699 Crs	11 yrs 11 m	0.34%
Franklin India Corporate Debt Fund	N.A.	₹759 Crs	12 yrs 3 m	0.23%

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Corporate Bond Fund	1.43%	4.46%	8.97%	6.77%	6.22%	N.A.
Nippon India Corporate Bond Fund	2.16%	5.37%	10.5%	8.02%	7.49%	7.86%
PGIM India Corporate Bond Fund	2.0%	5.23%	10.02%	7.46%	7.24%	7.48%
Kotak Corporate Bond Fund	1.95%	5.15%	10.16%	7.61%	7.09%	7.79%
Sundaram Corporate Bond Fund	2.01%	5.1%	10.0%	7.15%	6.88%	7.76%
Franklin India Corporate Debt Fund	1.7%	4.93%	9.57%	7.23%	6.99%	7.82%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Corporate Bond Fund	1.91	1.03	-0.15	-0.13
Nippon India Corporate Bond Fund	1.18	0.69	0.9	1.16
PGIM India Corporate Bond Fund	1.04	0.59	0.56	0.78
Kotak Corporate Bond Fund	1.08	0.62	0.67	0.88
Sundaram Corporate Bond Fund	1.04	0.56	0.3	0.4
Franklin India Corporate Debt Fund	1.03	0.53	0.4	0.39

View all Corporate Bond funds

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

Alpha	-0.8 vs. 2.09 Underperformed at beating benchmark
Sharpe	-0.15 vs. 2.69 Poor risk-adjusted returns
Beta	1.03 vs. 0.67 More sensitive to market's ups & downs
Standard deviation	1.91 vs. 1.21 More volatile performance

Compare DSP Corporate Bond Fund in detail with

About this fund

About DSP Corporate Bond Fund

DSP Corporate Bond Fund Direct - Growth is a Corporate Bond mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 6 yrs 8 m, having been launched on 23/08/2018. DSP Corporate Bond Fund Direct - Growth has ₹2,669 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 Corporate Bond Fund Direct - Growth as of 23/04/2025 is ₹16.03. The fund has an expense ratio of 0.29%, which is close to what most other Corporate Bond funds charge.

DSP Corporate Bond Fund Direct - Growth returns of last 1-year are 8.98%. Since launch, it has delivered 7.39% average annual returns.
DSP Corporate Bond Fund Direct - Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
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 GOI, National Bank For Agriculture & Rural Development, Indian Oil Corporation Ltd., Indian Railway Finance Corporation Ltd., Bajaj Housing Finance Ltd..

...

Fund AUM	₹2,669 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Vivekanand Ramakrishnan

Mr. Ramakrishnan is a B.Tech from IIT Madras, MS and PHD from University of Southern California. Prior to joining DSP Investment Managers. He has worked with ICICI Prudential Mutual Fund, Standard Chartered Bank, Vikram Ispat as Marketing Executive and with CRISIL as manager-rating.

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

Investment objective

The Scheme seeks to generate regular income and capital appreciation commensurate with risk from a portfolio predominantly investing in corporate debt securities across maturities which are rated AA+ and above, in addition to debt instruments issued by central and state governments and money market securities.

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%
DSP Banking & PSU Debt Fund	N.A.	₹3,409 Crs	10.49%	7.57%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of DSP Corporate Bond Fund?

The current Net Asset Value (NAV) of the DSP Corporate Bond Fund - Direct Growth plan is approximately ₹16.0335 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The DSP Corporate Bond Fund is a 6 yrs 8 m old fund and has delivered average annual returns of 7.37% since inception.

DSP Corporate Bond Fund Returns

1-Year	3-Year	5-Year	Since Inception
8.97%	6.77%	6.22%	7.37%

How much does this mutual fund charge as expense ratio?

The DSP Corporate Bond Fund - Direct Growth has an expense ratio of 0.29%, 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 Corporate Bond Fund currently has assets under management (AUM) or fund size valued at approximately ₹2,669 Crs crore as of Mar 31, 2025.

To whom does DSP Corporate Bond Fund lend to?

The top 3 debt holdings of DSP Corporate Bond Fund are as follows

Holding Name	Percentage of Portfolio
GOI	14.8%
National Bank For Agriculture & Rural Development	7.94%
Indian Oil Corporation Ltd.	6.5%

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 Corporate Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	84.68%
SOV	14.8%
Others	0.27%

What is risk level of DSP Corporate Bond Fund?

This is a Corporate Bond fund comes with Low to 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 Corporate Bond 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 Corporate Bond 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 Corporate Bond Fund is complete.

How can I redeem my investments in DSP Corporate Bond Fund?

Redeeming your investments in DSP Corporate Bond 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 Corporate Bond Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Corporate Bond

#NA

Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.