DSP GOVERNMENT SECURITIES FUND REVIEW
About DSP Mutual Fund
DSP Mutual funds which is previously known as DSP Blackrock Mutual Fund is one of the oldest financial firm in India. It is one of the largest asset management companies in India with having an average AUM of Rs. 69,213 crores as of September 2019.
Pros of the Fund
- 1-year returns are higher as compared to the benchmark
- 3-year returns are higher as compared to the benchmark
- 5-year returns are higher as compared to the benchmark
- Exit load is ZERO
About DSP Government Securities Fund
It is a debt mutual fund scheme that was launched by DSP Blackrock mutual fund. Later on, it was invested on 1st Jan 2013 to its investors. Currently, the fund is managed by Vikram Chopra, and, Saurabh Bhatia. Talking about AUM, it is of INR 705 Cr, and, the latest NAV is of INR 70.67 (dated as of 17th April 2020). The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 500.
The objective is to generate income through investment in the Central Government.
Returns are taxed as per the Income Tax Slab, only if sold before 3 years.
Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]
*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing