DSP Gilt Direct Plan-Growth

Q: What are the returns of DSP Gilt Fund?

The DSP Gilt Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 8.49% since inception. DSP Gilt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 11.49% 9.47% 7.03% 8.8% 8.49%

Q: How much does DSP Gilt Fund charge as the expense ratio?

The DSP Gilt Fund - Direct Growth has an expense ratio of 0.57% , which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

Previously called: DSP Government Securities Direct-G

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹103.698+0.09% 1 day change	8.49% p.a.	#NA View Ranked Funds	₹1,782 Crs

Historical NAV & returns

NAV: ₹103.698 as on Jun 05, 2025

This fund Category average

DSP Gilt Fund overview

Expense ratio	0.57% as on May 31, 2025
Exit load	0% Exit load of 0.10% if redeemed within 7 days!
AUM (Fund size)	₹1,782 Crs
Lock-in	No Lockin
Age	12 yrs 5 m since Jan 01, 2013
Benchmark	CRISIL Dynamic Gilt TRI
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 Gilt 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 Jun 06, 2025

Period	This fund	Category average
1 Month	0.28%	0.45%
3 Months	5.18%	4.73%
6 Months	5.82%	5.86%
1 Year	11.49%	10.95%
2 Years	9.85%	9.25%
3 Years	9.47%	9.1%
4 Years	7.52%	7.11%
5 Years	7.03%	6.61%
7 Years	9.3%	8.48%
10 Years	8.8%	8.33%

Asset allocationas on Dec 31, 2024

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

SOV 85.37%

Cash & Call Money 14.63%

Top Debt Holdings

GOI 52.3%

Maharashtra State 18.12%

Madhya Pradesh State 7.24%

Allocation by Instruments

GOI Securities 52.3%

State Development Loan 25.36%

Reverse Repo 14.45%

Central Government Loan 7.71%

Other Holdings

Others 0.18%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
DSP Gilt Fund	N.A.	₹1,782 Crs	12 yrs 5 m	0.57%
SBI Magnum Gilt Fund	N.A.	₹11,265 Crs	12 yrs 5 m	0.46%
PGIM India Gilt Fund	N.A.	₹115 Crs	12 yrs 5 m	0.55%
Axis Gilt Fund	N.A.	₹836 Crs	12 yrs 5 m	0.41%
LIC MF Gilt Fund	N.A.	₹87 Crs	12 yrs 5 m	0.75%

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Gilt Fund	0.28%	5.82%	11.49%	9.47%	7.03%	8.8%
SBI Magnum Gilt Fund	0.44%	6.07%	11.11%	9.54%	7.06%	8.93%
PGIM India Gilt Fund	0.68%	6.05%	11.39%	9.01%	6.86%	7.93%
Axis Gilt Fund	0.38%	6.06%	11.58%	9.19%	6.87%	8.22%
LIC MF Gilt Fund	0.16%	5.67%	10.62%	8.18%	6.19%	7.98%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Gilt Fund	2.88	0.9	0.96	1.9
SBI Magnum Gilt Fund	2.39	0.71	1.19	2.29
PGIM India Gilt Fund	2.31	0.73	1.01	1.87
Axis Gilt Fund	2.46	0.76	0.99	2.32
LIC MF Gilt Fund	2.56	0.78	0.63	1.25

View all Gilt funds

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

Alpha	-0.44 vs. 2.39 Underperformed at beating benchmark
Sharpe	0.96 vs. 2.7 Poor risk-adjusted returns
Beta	0.9 vs. 1.06 Less sensitive to market ups & downs
Standard deviation	2.88 vs. 1.92 More volatile performance

Compare DSP Gilt Fund in detail with

About this fund

About DSP Gilt Fund

DSP Gilt Direct Plan-Growth is a Gilt mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 12 yrs 5 m, having been launched on 01/01/2013. DSP Gilt Direct Plan-Growth has ₹1,782 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 Gilt Direct Plan-Growth as of 05/06/2025 is ₹103.70. The fund has an expense ratio of 0.57%, which is close to what most other Gilt funds charge.

DSP Gilt Direct Plan-Growth returns of last 1-year are 11.78%. Since launch, it has delivered 8.50% average annual returns. The fund has doubled the money invested in it every 9 yrs.
DSP Gilt Direct Plan-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 average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. 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, Maharashtra State, Madhya Pradesh State.

...

Fund AUM	₹1,782 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 through investment in securities issued by Central and/or State Government of various maturities.

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 Income Plus Arbitrage FoF	N.A.	₹436 Crs	9.9%	10.33%
DSP 10Y G-Sec Fund	N.A.	₹57 Crs	11.63%	9.45%
DSP Strategic Bond Fund	N.A.	₹1,893 Crs	11.38%	9.18%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	N.A.	₹2,204 Crs	10.26%	8.62%
DSP Floater Fund	N.A.	₹618 Crs	10.53%	8.59%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of DSP Gilt Fund?

The current Net Asset Value (NAV) of the DSP Gilt Fund - Direct Growth plan is approximately ₹103.698 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The DSP Gilt Fund is a 12 yrs 5 m old fund and has delivered average annual returns of 8.49% since inception.

DSP Gilt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
11.49%	9.47%	7.03%	8.8%	8.49%

How much does this mutual fund charge as expense ratio?

The DSP Gilt Fund - Direct Growth has an expense ratio of 0.57%, 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 Gilt Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,782 Crs crore as of Mar 31, 2025.

To whom does DSP Gilt Fund lend to?

The top 3 debt holdings of DSP Gilt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	52.3%
Maharashtra State	18.12%
Madhya Pradesh State	7.24%

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 Gilt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	85.37%
Cash & Call Money	14.63%

What is risk level of DSP Gilt Fund?

This is a Gilt 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 Gilt 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 Gilt 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 Gilt Fund is complete.

How can I redeem my investments in DSP Gilt Fund?

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

ET Money rank

in Gilt

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Gilt funds in the last 10 Years.
Chance: This fund has generated a 7.98% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: This fund has no exit load.