Invest in DSP 10Y G-Sec Fund Direct Growth Online

DSP 10Y G-Sec Fund

This is a Debt Government Securities, Gilt with 10 year constant duration fund with CRISIL 10 Year Gilt Index as its benchmark. The risk level for this fund is categorized as Moderate Risk.

Total AUM

₹56.31 crores as of Nov 30, 2024

Age of Fund

10 years 2 months since Sep 26, 2014

Expense Ratio

0.31% as of Dec 12, 2024

Exit Load

Nil

Ideal holding period

3 Years+

Rolling Returns

Bars show distribution of returns in given range for selected time period

View performance details

Things to know before you invest

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What is in DSP 10Y G-Sec Fund?

DSP 10Y G-Sec fund invests in liquid 10-year central government securities.
It maintains a fixed 10 year maturity profile irrespective of interest rate movements.

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Why should one invest in DSP 10Y G-Sec Fund?

Suitable for long term & relatively safe debt allocation for a 3 year+ investment horizon.
Can help you navigate falling interest rate scenarios.
No credit risk, since it invests only in high quality government-backed sovereign debt instruments.
Benefit of low correlation to the stock market. If the economy is in turmoil & stock prices fall, G-Secs may shine as investors start looking for safer options.

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Who should invest in DSP 10Y G-Sec Fund?

Consider if this fund if you
- Are an experienced investor & know what you're doing.
- Prefer the stability of the debt market but are okay to expose yourself to interest rate risk.
- Don't want to expose yourself to credit risk.

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Rethink before you invest

10Y G-Sec Fund carries Low to Moderate Risk.
Even though this is a debt scheme, in rare circumstances, investment losses may be possible.
Longer duration debt securities could generate higher returns but come with higher interest rate risk.
This is not an equity-oriented fund, so do not expect very high returns.

Fund managers:

Laukik Bagwe

Total work experience of 24 years. Managing this fund since August 2021.

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Total work experience of 24 years. Managing this fund since August 2021.

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Shantanu Godambe

Total work experience of 17 years. Managing this fund since July 2023.

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Total work experience of 17 years. Managing this fund since July 2023.

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Laukik is Fund Manager with the Fixed Income Investment team of DSP Mutual Funds. He joined the firm in November 2007 as a Fixed Income Dealer. From November 2003 to October 2007, Laukik worked with Derivium Capital & Securities Pvt. Ltd. as the Head of Fixed Income Trading - SLR & NONSLR Broking. From June 2000 to October 2003, he worked with Birla Sunlife Securities Ltd. as a Manager-SLR & NONSLR Broking. He brings with him a total work experience of 11 years in debt broking and is currently the fund manager for the following schemes of DSP Mutual Fund.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Shantanu has a total work experience of Over 16 years. He joined DSP Asset Managers in March 2023 as Vice President in Fixed Income Team. Shantanu has also worked with Yes Bank Ltd as a Rates Trader. He has cleared CFA from CFA Institute, MS (Finance) from ICFAI University and B.Com from Mumbai University.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Portfolio

Prescribed asset allocation: 80% - 100% Government Securities , 0% - 20% Tri Party REPO/repo or any other alternatives as may be provided by RBI

Current Allocation

as of Nov 30, 2024

Equity 0%
Debt / cash 98.92%

Equity
Debt / Cash

Top holdings

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Top Sectors

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Top holdings

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Top holdings

6.79% GOI 2034

98.01%

TREPS / Reverse Repo Investments

0.91%

Cash & cash equivalents

1.08%

Credit rating profile

SOV

99.10%

Cash & Equivalent

0.90%

Instrument break-up

Government Securities (Central/State)

99.10%

TREPS

0.90%

See all 2 holdings

Indicators

Yield to Maturity

6.86 %

Modified Duration

6.90 Years

Portfolio Macaulay Duration

7.13 Years

Average Maturity

9.66 Years

Compare Performance

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Historical Returns (As per SEBI format)as of with investment of₹10,000

	This fund		CRISIL 10 Year Gilt Index ^{^}		CRISIL 10 Year Gilt In… ^#
	CAGR	Current Value	CAGR	Current Value	CAGR	Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date	IDCW per unit	NAV Before	NAV After

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Invested as

Invested Amount

₹

Invested since

This fund

CRISIL 10 Year Gilt In…

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

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Returns RangesStatistics

Invested Amount

₹

Invested period

Funds	Minimum	Median	Maximum	% times -ve returns	% times returns > 7%

Date of allotment: Sep 26, 2014.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Direct Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Additional Benchmark

Scheme disclaimers

Fund Details

Investment Objective

The investment objective of the Scheme is to seek to generate returns commensurate with risk from a portfolio of Government Securities such that the Macaulay duration of the portfolio is similar to the 10 Year benchmark government security. (Please refer page no. 15 under the section "Where will the Scheme invest" for details on Macaulay's Duration)
There is no assurance that the investment objective of the Scheme will be realized.

Fund Type

Debt – Government Securities

Gilt Fund with 10 year constant duration

An open ended debt scheme investing in government securities having a constant maturity of 10 years.
A relatively high interest rate risk and relatively low credit risk.