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Fund Overview

Fund Size

Fund Size

₹4,468 Cr

Expense Ratio

Expense Ratio

0.15%

ISIN

ISIN

INF740K01NU2

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

DSP Savings Fund Direct Growth is a Money Market mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 11 years, 4 months and 19 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹49.95, Assets Under Management (AUM) of 4468.18 Crores, and an expense ratio of 0.15%.
  • DSP Savings Fund Direct Growth has given a CAGR return of 6.98% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 40.22% in debts, and 59.54% in cash & cash equivalents.
  • You can start investing in DSP Savings Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.44%

+5.95% (Cat Avg.)

3 Years

+5.65%

+5.23% (Cat Avg.)

5 Years

+5.88%

+5.24% (Cat Avg.)

10 Years

+6.60%

+5.67% (Cat Avg.)

Since Inception

+6.98%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Debt1,796.98 Cr40.22%
Others2,671.2 Cr59.78%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit282.24 Cr6.32%
Union Bank of IndiaBond - Gov't Agency Debt235.22 Cr5.26%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit188.89 Cr4.23%
India (Republic of)Bond - Short-term Government Bills188.75 Cr4.22%
Punjab National BankCash - CD/Time Deposit188.3 Cr4.21%
LIC Housing Finance Ltd.Cash - Commercial Paper188.25 Cr4.21%
Indusind Bank LimitedCash - CD/Time Deposit188.23 Cr4.21%
IDFC First Bank Ltd.Bond - Corporate Bond188.15 Cr4.21%
Bajaj Housing Finance Ltd.Cash - Commercial Paper188.01 Cr4.21%
Mahindra & Mahindra Financial Services Ltd.Cash - Commercial Paper187.2 Cr4.19%
Hero Fincorp LimitedBond - Corporate Bond186.99 Cr4.18%
ICICI Bank Ltd.Bond - Corporate Bond164.82 Cr3.69%
India (Republic of)Bond - Short-term Government Bills150.29 Cr3.36%
Small Industries Development Bank of IndiaBond - Corporate Bond141.11 Cr3.16%
HDFC Bank LimitedCash - CD/Time Deposit141.1 Cr3.16%
Axis Securities LimitedCash - Commercial Paper140.65 Cr3.15%
Icici Securities LimitedCash - Commercial Paper140.04 Cr3.13%
India (Republic of)Bond - Short-term Government Bills117.67 Cr2.63%
India (Republic of)Bond - Short-term Government Bills95.09 Cr2.13%
HDFC Bank LimitedCash - CD/Time Deposit94.53 Cr2.12%
Punjab National BankCash - CD/Time Deposit94.48 Cr2.11%
National Bank for Agriculture and Rural DevelopmentCash - CD/Time Deposit94.3 Cr2.11%
Muthoot Finance Ltd.Cash - Commercial Paper94.29 Cr2.11%
Canara BankBond - Gov't Agency Debt93.91 Cr2.10%
Indian BankCash - CD/Time Deposit93.9 Cr2.10%
The Federal Bank LimitedCash - CD/Time Deposit93.81 Cr2.10%
Bank of BarodaBond - Corporate Bond70.63 Cr1.58%
Icici Securities LimitedCash - Commercial Paper70.16 Cr1.57%
Bank Of BarodaCash - CD/Time Deposit47.13 Cr1.05%
HDFC Bank LimitedCash - CD/Time Deposit46.98 Cr1.05%
Indian BankBond - Gov't Agency Debt46.92 Cr1.05%
ICICI Bank Ltd.Bond - Corporate Bond46.9 Cr1.05%
Union Bank of IndiaBond - Gov't Agency Debt46.85 Cr1.05%
Hsbc Investdirect Financial Services (I)LtdCash - Commercial Paper46.71 Cr1.05%
Treps / Reverse Repo Investments / Corporate Debt RepoCash - Repurchase Agreement45.68 Cr1.02%
Net Receivables/PayablesCash-41.72 Cr0.93%
India (Republic of)Bond - Short-term Government Bills23.68 Cr0.53%
Icici Securities LimitedCash - Commercial Paper23.61 Cr0.53%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit23.48 Cr0.53%
SBI Funds Management Pvt Ltd/Fund ParentMutual Fund - Open End10.94 Cr0.24%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit1,577.39 Cr35.30%
Cash - Commercial Paper1,078.91 Cr24.15%
Bond - Corporate Bond798.6 Cr17.87%
Bond - Short-term Government Bills575.48 Cr12.88%
Bond - Gov't Agency Debt422.9 Cr9.46%
Cash - Repurchase Agreement45.68 Cr1.02%
Cash-41.72 Cr0.93%
Mutual Fund - Open End10.94 Cr0.24%

Risk & Performance Ratios

Standard Deviation

This fund

0.71%

Cat. avg.

0.70%

Lower the better

Sharpe Ratio

This fund

0.10

Cat. avg.

-0.30

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.08

Higher the better

Fund Managers

KK

Kedar Karnik

Since July 2016

Karan Mundhra

Karan Mundhra

Since May 2021

Additional Scheme Detailsas of 30th April 2024

ISININF740K01NU2Expense Ratio0.15%Exit LoadNo ChargesFund Size₹4,468 CrAge01 Jan 2013Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Money Market A-I TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Money Market Funds

Fund nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹485.28 Cr6.6%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹168.68 Cr7.1%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹168.68 Cr6.3%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹96.02 Cr7.2%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹96.02 Cr7.0%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹20.44 Cr6.9%
LIC MF Money Market Fund Regular Growth

Low Risk

1.0%0.0%₹20.44 Cr6.5%
Tata Money Market Fund Regular Growth

Low to Moderate Risk

0.4%0.0%₹17287.51 Cr7.5%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1511.50 Cr7.4%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹21260.52 Cr7.4%

About the AMC

Total AUM

₹1,43,004 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
DSP Multicap Fund Direct Growth

Low Risk

0.7%1.0%₹948.29 Cr-
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹70.06 Cr-
DSP Banking & Financial Services Fund Direct Growth

Very High Risk

1.0%0.0%₹609.13 Cr-
DSP Gold ETF Fund of Fund Direct Growth

High Risk

0.7%0.0%₹23.81 Cr-
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.2%1.0%₹1607.56 Cr-
DSP FMP - Series 264 - 60M - 17D Direct Growth

Low to Moderate Risk

-0.0%₹46.84 Cr7.0%
DSP FMP Series 267 - 1246 Days Direct Growth

Low to Moderate Risk

-0.0%₹630.93 Cr6.8%
DSP FMP Series 261 37 Month Direct Growth

Moderate Risk

----
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth

Low to Moderate Risk

-0.0%-6.8%
DSP FMP Series 268 - 1281 Days Direct Growth

Low to Moderate Risk

---7.0%
DSP FMP Series 252 38 Month Direct Growth

Moderate Risk

-0.0%--
DSP Banking & PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹2395.87 Cr7.1%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderate Risk

0.8%1.0%₹3110.44 Cr20.4%
DSP Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹2044.32 Cr6.8%
DSP Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹520.26 Cr24.6%
DSP Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹520.02 Cr64.9%
DSP Healthcare Fund Direct Growth

Very High Risk

0.6%0.0%₹2343.94 Cr52.6%
DSP Global Allocation Fund Direct Growth

Very High Risk

1.4%0.0%₹61.58 Cr15.8%
DSP Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4088.28 Cr7.3%
DSP Value Fund Direct Growth

Very High Risk

0.9%1.0%₹812.45 Cr37.8%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹2295.78 Cr6.6%
DSP Bond Fund Direct Growth

Moderately High risk

0.4%0.0%₹357.79 Cr6.8%
DSP Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹10409.46 Cr37.2%
DSP Government Securities Direct Growth

Moderate Risk

0.6%0.0%₹772.57 Cr7.7%
DSP Equity & Bond Fund Direct Growth

Very High Risk

0.8%1.0%₹9044.39 Cr28.1%
DSP Focus Fund Direct Growth

Very High Risk

1.1%1.0%₹2284.02 Cr42.1%
DSP Credit Risk Fund Direct Growth

Moderately High risk

0.4%1.0%₹193.84 Cr16.0%
DSP India TIGER Fund Direct Growth

Very High Risk

1.1%1.0%₹3814.79 Cr81.7%
DSP Liquidity Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹10025.35 Cr7.3%
DSP Regular Saving Fund Direct Growth

Moderately High risk

0.6%0.0%₹173.24 Cr14.1%
DSP Small Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹14072.97 Cr45.8%
DSP Ultra Short Fund Direct Growth

Moderate Risk

0.3%0.0%₹2466.56 Cr7.6%
DSP Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹2955.58 Cr6.9%
DSP Midcap Fund Direct Growth

Very High Risk

0.8%1.0%₹17079.09 Cr48.2%
DSP Natural Resource & New Energy Fund Direct Growth

Very High Risk

1.1%0.0%₹1093.75 Cr58.7%
DSP Equity Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹11631.00 Cr47.6%
DSP Strategic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹1015.47 Cr7.6%
DSP Savings Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹4468.18 Cr7.4%
DSP Tax Saver Fund Direct Growth

Very High Risk

0.8%0.0%₹14859.56 Cr43.8%
DSP World Agriculture Direct Growth

Very High Risk

1.7%0.0%₹16.58 Cr-5.5%
DSP Top 100 Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹3694.78 Cr35.0%
DSP US Flexible Equity Fund Direct Growth

Very High Risk

1.5%0.0%₹863.66 Cr25.2%
DSP World Energy Direct Growth

Very High Risk

1.5%0.0%₹134.44 Cr4.2%
DSP World Gold Fund of Fund Direct Growth

Very High Risk

1.7%0.0%₹868.29 Cr11.2%
DSP World Mining Direct Growth

Very High Risk

1.5%0.0%₹160.48 Cr11.1%
DSP Equity Savings Fund Direct Growth

Moderately High risk

0.5%0.0%₹1102.23 Cr15.6%
DSP Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹4376.78 Cr8.3%
DSP Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹2616.53 Cr6.5%
DSP 10Y G-Sec Fund Direct Growth

Moderate Risk

0.3%0.0%₹49.05 Cr6.0%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹86.68 Cr6.6%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of DSP Savings Fund Direct Growth, as of 17-May-2024, is ₹49.95.
The fund has generated 7.44% over the last 1 year and 5.65% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 40.22% in bonds, and 59.54% in cash and cash equivalents.
The fund managers responsible for DSP Savings Fund Direct Growth are:-
  1. Kedar Karnik
  2. Karan Mundhra