DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund(IDCW)
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Business Overview
The DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund (IDCW) is designed for conservative investors seeking stable returns through government securities and state development loans. This fund offers a balanced exposure to high-quality debt instruments, making it ideal for those looking to preserve capital while earning fixed income. With a focus on long-term growth, it is suitable for risk-averse investors aiming to diversify their portfolios.
- Invests in government securities and SDLs
- Ideal for conservative and risk-averse investors
- Offers stable, long-term returns
- Helps in portfolio diversification
- Managed by experienced professionals
Investment Thesis
DSP CRISIL-IBX 50:50 Gilt Plus SDL Index Fund stands out due to its strong credibility backed by a reputable promoter group. With the growing demand for digital services, this fund is well-positioned to capitalize on emerging opportunities. Its attractive valuation compared to peers makes it a compelling choice for investors seeking stability and growth.
- Strong credibility from a reputable promoter group enhances trust.
- Digital services sector presents significant growth opportunities.
- Attractive valuation compared to peer funds increases investment appeal.
- Diversified exposure to government securities and SDLs mitigates risk.
- Ideal for conservative investors looking for steady returns.
Opportunity vs Risk
- Stable returns from government securities
- Diversification in fixed income portfolio
- Potential tax benefits on investments
- Low expense ratio compared to peers
- Interest rate fluctuations impact returns
- Credit risk from SDLs
- Inflation may erode real returns
- Market volatility affecting fund performance
Peer Perspective
DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund trades at a slight premium compared to peers like HDFC Gilt Fund and ICICI Prudential Gilt Fund; a stable interest rate environment could trigger a rerating.
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10BusinessHighThe fund is in a stable sector but lacks a clear moat.
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10GrowthHighConsistent revenue growth but profit growth is moderate.
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10ProfitabilityHighROE and ROCE are decent, but OCF is inconsistent.
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8ValuationHighValuation metrics are average compared to peers.
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7BalanceHighDebt levels are manageable, but liquidity is a concern.
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6GovernanceGoodPromoter holding is stable, but disclosures could improve.
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5DriversGoodLimited growth catalysts identified.
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5TechnicalsGoodMarket sentiment is neutral with low liquidity.