DebtGilt Fund with 10 year constant durationRegularIDCWModerate

DSP 10Y G-Sec Fund

Q: What is the NAV of DSP 10Y G-Sec Fund?

As of 20 Aug 2026, the NAV of DSP 10Y G-Sec Fund is ₹10.73 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has DSP 10Y G-Sec Fund delivered?

DSP 10Y G-Sec Fund has returned +0.64% over 1 year, +0.46% per year over 3 years, +0.50% per year over 5 years and +0.59% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of DSP 10Y G-Sec Fund?

DSP 10Y G-Sec Fund charges an expense ratio of 0.51% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of DSP 10Y G-Sec Fund?

Its largest holdings are GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 (94.4%) and GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 (4.5%). Holdings are disclosed monthly and change over time.

Q: How risky is DSP 10Y G-Sec Fund?

It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.6% and its worst peak-to-trough fall in our sample was -9.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -1.68 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP 10Y G-Sec Fund's -1.68 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of DSP 10Y G-Sec Fund?

DSP 10Y G-Sec Fund is benchmarked against the CRISIL 10 Year Gilt Index. Its alpha and beta on this page are measured against that index.

Q: Who manages DSP 10Y G-Sec Fund?

DSP 10Y G-Sec Fund is managed by Shantanu Godambe and Laukik Bagwe at DSP.

Q: How is DSP 10Y G-Sec Fund taxed?

DSP 10Y G-Sec Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

DSP Mutual Fund · Best 10-Year Constant Duration Gilt Mutual Funds

NAV

₹10.73

-0.27% 1D

as of 20 Aug 2026

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This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+6.56% 3Y CAGR)

NAV history

+0.75%CAGR

52-week rangePrev NAV ₹10.76

Latest ₹10.73

Low ₹10.4769th percentile of its 52-week rangeHigh ₹10.85

Scorecard

★★★☆☆3/5 vs 9 of 8 Gilt Fund with 10 year constant duration peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Gilt Fund with 10 year constant duration (same plan and option). 9 of the 8 Gilt Fund with 10 year constant duration funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +0.46% · ranks 5 of 8 Gilt Fund with 10 year constant duration funds

RiskLow

Volatility 3.6% vs 4.2% category avg

CostAverage

0.5% expense vs 0.5% category avg

ConsistencyLow

65% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Gilt Fund with 10 year constant duration peers (3.6% vs 4.2%)

Concerns

Trails the Gilt Fund with 10 year constant duration average on 3M/6M/1Y — 1Y by 1.50pp
3-year return (+0.46%) trails the Gilt Fund with 10 year constant duration average (+2.35%)
5-year return (+0.50%) trails the Gilt Fund with 10 year constant duration average (+1.77%)
Positive in only 65% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

Category 0.50%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

Category —

Excess return per unit of total volatility (rf = 6.5%)

-1.68

Category -0.90▼0.78

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

Exit Load

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Smallest recurring SIP instalment the scheme accepts

Smallest one-time (lumpsum) investment the scheme accepts

Benchmark

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

29 Sep 2014

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.42%

Absolute return over the last 3 months (not annualized)

+1.38%

Absolute return over the last 6 months (not annualized)

+0.06%

Absolute return since 1 Jan of this year (not annualized)

-0.04%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+0.64%

3-year annualized return (CAGR)

+0.46%

5-year annualized return (CAGR)

+0.50%

10-year annualized return (CAGR)

+0.24%

Annualized return (CAGR) since the fund's inception

+0.59%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

3.60%

Excess return per unit of total volatility (rf = 6.5%)

-1.68

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-1.98

Largest peak-to-trough decline over full history

-9.00%

Benchmark ratios

Not shown for Gilt Fund with 10 year constant duration — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Gilt Fund with 10 year constant duration)

Period	Fund	Category avg.	Diff
1M abs	-0.42%	+0.07%	-0.49%
3M abs	+1.38%	+2.13%	-0.75%
6M abs	+0.06%	+0.63%	-0.57%
1Y CAGR	+0.64%	+2.14%	-1.50%
3Y CAGR	+0.46%	+2.35%	-1.89%
5Y CAGR	+0.50%	+1.77%	-1.27%

Category average across peers in Gilt Fund with 10 year constant duration (up to 8 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 8 peers in Gilt Fund with 10 year constant duration

1Y return

+0.64%

Beats 37.5% · rank #6

3Y return

+0.46%

Beats 50% · rank #5

5Y return

+0.50%

Beats 62.5% · rank #4

Sharpe

-1.68

Beats 12.5% · rank #8

Sortino

-1.98

Beats 12.5% · rank #8

Rolling returns

Return for every possible 1Y holding period, not just today’s

Average

+0.4%

Median

+0.2%

Best

+7.1%

Worst

-5.3%

Positive periods

55.0%

131 overlapping 1Y windows, sampled monthly across the fund’s history.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-9.0%24 Nov 2016 → 22 Feb 2018
Fell over 15 months, back to the old high on 16 Jul 2019 — 17 months under water after the low.
-8.3%27 May 2020 → 13 Jun 2022
Still below that high — 2.0 years down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+0.08%
2025	+0.53%
2024	+0.57%
2023	+0.73%
2022	+0.13%
2021	-0.96%
2020	+0.51%
2019	+1.68%
2018	+2.74%
2017	-1.87%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

Fund size over time

Quarterly average AUM · AMFI

₹47.55Cr

April - June 2026

-12%

since January - March 2026

Down +12% from its peak of ₹54.17Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.08L

Absolute

+1.29%

XIRR

+0.52%

Value vs. invested

60 monthly installments of ₹10,000 into DSP 10Y G-Sec Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

2,882

Expense ratio

AUM

Portfolio turnover

Exit load

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Gilt Fund with 10 year constant duration

Compare all


DSP 10Y G-Sec FundThis fund DSP	★★★☆☆	+0.64%	+0.46%	+0.50%	—	0.51%	₹47.55Cr
Bandhan Gilt Fund with 10 year constant duration Fund - Regular Plan - Periodic Bandhan	★★★★★	+6.03%	+7.86%	+5.99%	—	—	₹32.45L
SBI CONSTANT MATURITY 10-Year GILT FUND SBI	★★★★☆	+4.76%	+7.07%	+5.78%	—	0.63%	₹1,662Cr
ICICI Prudential Constant Maturity Gilt Fund ICICI Prudential	★★★★☆	+3.07%	+2.58%	+1.40%	—	0.44%	₹2,144Cr
Bandhan Gilt Fund with 10 year constant duration Fund Bandhan	★★★☆☆	+1.51%	+0.87%	+0.36%	—	0.48%	₹309.87Cr
Bandhan Gilt Fund with 10 year constant duration Fund Bandhan	★★★☆☆	+0.49%	+0.38%	+0.10%	—	0.48%	₹309.87Cr

DSP in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Gilt funds

Gilt funds lend only to the government, so they carry no credit risk. Their prices do move with interest rates, though — they can swing when rate expectations change.

Frequently asked questions

What is the NAV of DSP 10Y G-Sec Fund?

As of 20 Aug 2026, the NAV of DSP 10Y G-Sec Fund is ₹10.73 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has DSP 10Y G-Sec Fund delivered?

DSP 10Y G-Sec Fund has returned +0.64% over 1 year, +0.46% per year over 3 years, +0.50% per year over 5 years and +0.59% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of DSP 10Y G-Sec Fund?

DSP 10Y G-Sec Fund charges an expense ratio of 0.51% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of DSP 10Y G-Sec Fund?

Its largest holdings are GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 (94.4%) and GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100 (4.5%). Holdings are disclosed monthly and change over time.

How risky is DSP 10Y G-Sec Fund?

It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.6% and its worst peak-to-trough fall in our sample was -9.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -1.68 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP 10Y G-Sec Fund's -1.68 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of DSP 10Y G-Sec Fund?

DSP 10Y G-Sec Fund is benchmarked against the CRISIL 10 Year Gilt Index. Its alpha and beta on this page are measured against that index.

Who manages DSP 10Y G-Sec Fund?

DSP 10Y G-Sec Fund is managed by Shantanu Godambe and Laukik Bagwe at DSP.

How is DSP 10Y G-Sec Fund taxed?

DSP 10Y G-Sec Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.