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DSP Strategic Bond Fund - NAV, Performance, Expense Ratio & Investment Guide 2024

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Invest in DSP Strategic Bond Fund - a dynamic bond fund with ₹1,531.15 Cr AUM, 0.53% expense ratio, and 8.22% returns since inception. Get fund details, performance analysis & expert review.

Investment Objective and Approach

DSP Strategic Bond Fund is a dynamic bond mutual fund that follows a strategic investment approach to generate optimal returns through active portfolio management. The primary investment objective is to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities.

The fund's approach is built on flexibility and active management:

- The fund has flexibility to invest across duration, ratings & securities and invests in high-quality government & corporate debt securities

- It invests 100% in AAA or higher rated instruments

- It maintains a highly liquid portfolio with actively managed portfolio duration based on future interest rate movement predictions and invests across the range of debt instruments across the maturity range

- The fund can help investors navigate rising or falling interest rate scenarios and is suitable for long term & relatively safe debt allocation for a 3 year+ investment horizon

The fund's asset allocation as of recent data shows 0.00% in equities, 91.59% in debts, and 8.08% in cash & cash equivalents.

Fund Managers

The DSP Strategic Bond Fund is currently managed by experienced professionals who bring substantial expertise in fixed income management:

Sandeep Yadav - Has total work experience of 22 years and has been managing this fund since March 2022. He joined DSP Mutual Funds in September 2021 as Senior Vice President - Fixed Income Investments and has previously worked for Yes Bank, where he headed the Derivatives Structuring, Fixed Income Trading and Primary Dealership.

Shantanu Godambe - Has total work experience of 17 years and has been managing this fund since June 2023.

Both fund managers work together to implement the strategic bond investment approach, leveraging their combined experience in fixed income markets to make duration and credit calls.

About the Fund House (AMC)

DSP Investment Managers Private Limited has a rich heritage and strong market presence in India's mutual fund industry. Key highlights include:

Company Heritage: DSP Investment Managers is an independent Indian AMC started in 1996, with the DSP group being a 150+ year old financial company which started stock broking as early as the 1860s. The company was founded as a trust under the Indian Trusts Act, 1882 and is registered with SEBI with the registration code MF/036/97/7.

Track Record: Since its inception, the fund house has grown to become one of India's premier AMCs with a track record of over 20 years. DSP Mutual Fund is one of India's leading AMCs and has grown by leaps and bounds to become one of the premier Asset Management Companies in India.

Investment Philosophy: The commitment of the fund house is to cater to their clients in every possible way by putting their interests first and to secure their wealth. It offers a vast range of mutual fund schemes across equity, debt, and hybrid categories along with the international fund of funds, exchange-traded funds, and also close-ended funds.

Management Structure: 54% of the company's shares are held by DSP ADIKO Holdings Pvt. Ltd., 34% by DSP HmK Holdings Pvt. Ltd., and the rest 12% by other stakeholders.

Should I Invest in DSP Strategic Bond Fund?

DSP Strategic Bond Fund can be a suitable investment option for specific investor profiles and market conditions:

Ideal For:

- Experienced investors who know what they're doing and understand and trust the fund manager's ability to judge the direction of interest rates

- Investors who recognize that investing in longer duration debt securities could generate higher returns but comes with higher interest rate risk

- Those seeking a 3+ year investment horizon for debt allocation

- Investors comfortable with moderate risk and active duration management

Key Performance Metrics:

- The fund has delivered a CAGR of 8.22% since inception (launched on Jan 01, 2013)

- AUM of ₹1,531.15 Crores as of August 14, 2024

- Expense ratio of 0.53% as of August 14, 2024

- Minimum SIP amount of ₹100 and minimum lumpsum investment of ₹100

Risk Considerations:

Strategic Bond Fund carries Moderate Risk. Even though this is a debt scheme, in rare circumstances, investment losses may be possible. The fund can have temporary under-performance in scenario of fund manager calls not playing out.

Investment Horizon: The fund can offer a slightly better return profile over a 3 year+ investment horizon to those okay to take exposure to some interest rate risk.

FAQs

What is today's NAV of DSP Strategic Bond Fund?

The NAV changes daily based on market movements. You can check the current NAV on Allvest's platform or the fund's official website for real-time updates.

What is the AUM of DSP Strategic Bond Fund?

The DSP Strategic Bond Fund has an AUM of ₹1,531.15 Crores as of August 14, 2024.

What is the expense ratio of DSP Strategic Bond Fund?

The expense ratio of DSP Strategic Bond Fund is 0.53% as of August 14, 2024 for the direct plan.

What are the returns of DSP Strategic Bond Fund since inception?

The fund has delivered a CAGR of 8.22% since its inception on January 1, 2013.

What is the minimum SIP amount to invest in DSP Strategic Bond Fund?

You can start investing in DSP Strategic Bond Fund with a minimum SIP of ₹100.

How do I invest in DSP Strategic Bond Fund?

You can invest in DSP Strategic Bond Fund through Allvest's platform by completing your KYC, selecting the fund, and choosing either SIP or lumpsum investment option.

How to start a SIP in DSP Strategic Bond Fund?

Log into your Allvest account, search for DSP Strategic Bond Fund, select SIP option, choose your investment amount and frequency, and set up auto-debit instructions.

How do I automate an SIP in DSP Strategic Bond Fund?

Set up an auto-debit mandate through Allvest's platform by linking your bank account and authorizing automatic monthly debits for your chosen SIP amount.

How can I withdraw/redeem my investment in DSP Strategic Bond Fund?

You can redeem your investment through Allvest's platform by placing a redemption request. The proceeds will be credited to your registered bank account within 1-3 business days.