Vivek joined DSP BlackRock Investment Managers during its early days in 1997 as a Manager with the firms Marketing Division. In 2006 he joined the Fixed Income Investment team as an Assistant Vice President. Vivek has about four years of work experience with fixed income trading desk.
All Funds managed by Vivek Ved
Period for which scheme's performance has been provided is computed basis 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
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. 14 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.
For lumpsum investments, if the investment period is less than 1 year then same return values are displayed for absolute & XIRR. For periods above 1 year, they are annualized. 1 Year is assumed as 365 days.
Returns for investments in dividend plans of schemes are calculated after assuming that the net dividend payouts post statutory taxes & levies, are re-invested back in the scheme.
Dividends declared from benchmark's constituents isn't taken into account when comparing with investment in scheme's dividend plans.
Performance is always compared against the latest benchmark of the scheme irrespective of the date of change of scheme's benchmark, if any.
Except when SIP tenure is since inception, for all tenures, the start day for SIP investments is considered as 1st of every month. There is no end date to SIPs for the purpose of graphs.
For the purpose of NAV date applicability, if the investment date happens to be a non-business day, next business day's NAV is applied. Investment on inception date can happen on a non-business day.
Gold prices are available post 29 JAN, 2005 & are based on daily closing values on MCX.
PPF interest rate is assumed at 8.7% p.a. & interest received is compounded daily for the returns illustration in the charts.