DSP Gilt Fund

Q: What are the returns of this mutual fund scheme?

The DSP Gilt Fund is a 26 yrs 4 m old fund and has delivered average annual returns of 8.93% since inception. DSP Gilt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 2.95% 6.58% 5.51% 7.5% 8.93%

Q: How much does this mutual fund charge as expense ratio?

The DSP Gilt Fund has an expense ratio of 1.16% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹95.4878-0.88% 1 day change	8.93% p.a.	App exclusive #NA View Ranked Funds	₹1,292 Cr

Historical NAV & returns

NAV: ₹95.4878 as on Feb 02, 2026

This fund Category average

DSP Gilt Fund overview

AUM (Fund size)	₹1,292 Cr
Exit load	0%
Lock-in Period	Nil
Age	26 yrs 4 m since Sep 20, 1999
Benchmark	CRISIL Dynamic Gilt Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	1.16% as on Feb 02, 2026
Plan type	Regular
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 Feb 03, 2026

Period	This fund	Category average
1 Month	-0.67%	-0.45%
3 Months	-0.24%	-0.2%
6 Months	-1.02%	-0.9%
1 Year	2.95%	2.85%
2 Years	5.43%	5.33%
3 Years	6.58%	6.1%
4 Years	5.98%	5.56%
5 Years	5.51%	4.94%
7 Years	7.41%	6.51%
10 Years	7.5%	7.0%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 86.99%

Cash & Call Money 13.01%

Top Debt Holdings

GOI 86.99%

Allocation by Instruments

GOI Securities 86.99%

Reverse Repo 12.64%

Net Receivables 0.37%

Other Holdings

Others 0.37%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Gilt Fund	-0.67%	-1.02%	2.95%	6.58%	5.51%	7.5%
SBI Gilt Fund	0.08%	-0.16%	3.72%	6.64%	5.78%	7.73%
SBI Gilt Fund	0.08%	-0.16%	3.72%	6.64%	5.78%	7.73%
Axis Gilt Fund	-0.3%	-0.07%	4.1%	6.95%	5.35%	7.08%
SBI Gilt Fund	0.08%	-0.14%	3.75%	6.65%	5.78%	7.73%
ICICI Prudential Gilt Fund	-0.25%	0.61%	5.7%	7.47%	6.18%	8.12%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Gilt Fund	3.61	0.99	0.21	0.3
SBI Gilt Fund	3.08	0.84	0.2	0.29
SBI Gilt Fund	3.08	0.84	0.2	0.29
Axis Gilt Fund	3.0	0.82	0.3	0.46
SBI Gilt Fund	3.08	0.84	0.2	0.29
ICICI Prudential Gilt Fund	1.91	0.49	0.71	0.83

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Gilt Fund	N.A.	1,292 Cr	26 yrs 4 m	1.16%
SBI Gilt Fund	N.A.	10,817 Cr	25 yrs 1 m	0.96%
SBI Gilt Fund	N.A.	10,817 Cr	22 yrs 2 m	0.96%
Axis Gilt Fund	N.A.	686 Cr	14 yrs	0.82%
SBI Gilt Fund	N.A.	10,817 Cr	22 yrs 2 m	0.96%
ICICI Prudential Gilt Fund	N.A.	9,181 Cr	26 yrs 6 m	1.1%

View all Gilt funds

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

Alpha	-0.72 vs. 1.57 Underperformed at beating benchmark
Sharpe	0.21 vs. 1.85 Poor risk-adjusted returns
Beta	0.99 vs. 0.43 More sensitive to market's ups & downs
Standard deviation	3.61 vs. 2.74 More volatile performance

Compare DSP Gilt Fund in detail with

About this fund

About DSP Gilt Fund

DSP Gilt Fund is a Gilt mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 26 yrs 4 m, having been launched on 20/09/1999. DSP Gilt Fund has ₹1,292 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Gilt Fund as of 02/02/2026 is ₹95.49. The fund has an expense ratio of 1.16%, which is higher than what most other Gilt funds charge.

DSP Gilt Fund returns of last 1-year are 2.94%. Since launch, it has delivered 8.94% average annual returns. The fund has doubled the money invested in it every 10 yrs.
DSP Gilt Fund scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above 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.

...

Fund AUM	1,292 Cr as on Dec 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	54 view all schemes
Total AUM	2,24,669 Cr as on Dec 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	1Y	3Y
DSP Credit Risk Fund	N.A.	206 Cr	19.59%	14.27%
DSP Income Plus Arbitrage Omni FoF	N.A.	1,982 Cr	3.46%	8.45%
DSP Floater Fund	N.A.	449 Cr	6.73%	7.98%
DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund	N.A.	323 Cr	5.83%	7.72%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	N.A.	2,034 Cr	7.57%	7.68%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund	N.A.	88 Cr	7.39%	7.62%

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 plan is approximately ₹95.4878 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The DSP Gilt Fund is a 26 yrs 4 m old fund and has delivered average annual returns of 8.93% since inception.

DSP Gilt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
2.95%	6.58%	5.51%	7.5%	8.93%

How much does this mutual fund charge as expense ratio?

The DSP Gilt Fund has an expense ratio of 1.16%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 1,292 Cr as on Dec 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	86.99%

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	86.99%
Cash & Call Money	13.01%

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 can I redeem my investments in DSP Gilt Fund?

Redeeming your investments in the DSP Gilt Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

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 7.22% annual return in 70% of times for investors holding for at least 5 years.
Exit Load: This fund has no exit load.
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.