DSP Savings Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (25-Jul-24)
₹50.650.02%1D
Returns (Since Inception)
6.99%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹4,889 Cr
Expense Ratio
0.25%
ISIN
INF740K01NU2
Minimum SIP
₹100
Exit Load
No Charges
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, 6 months and 25 days, having been launched on 01-Jan-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹50.65, Assets Under Management (AUM) of 4888.65 Crores, and an expense ratio of 0.25%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹50.65, Assets Under Management (AUM) of 4888.65 Crores, and an expense ratio of 0.25%.
- DSP Savings Fund Direct Growth has given a CAGR return of 6.99% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 38.64% in debts, and 61.11% 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
+7.49%
+6.38% (Cat Avg.)
3 Years
+5.89%
+5.44% (Cat Avg.)
5 Years
+5.80%
+5.20% (Cat Avg.)
10 Years
+6.58%
+5.67% (Cat Avg.)
Since Inception
+6.99%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Debt | ₹1,889 Cr | 38.64% |
| Others | ₹2,999.64 Cr | 61.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹286.83 Cr | 5.87% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹239.01 Cr | 4.89% |
| Indian Bank | Cash - CD/Time Deposit | ₹238.49 Cr | 4.88% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹215.05 Cr | 4.40% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹191.91 Cr | 3.93% |
| 364 DTB 06032025 | Bond - Gov't/Treasury | ₹191.6 Cr | 3.92% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹191.41 Cr | 3.92% |
| Bajaj Housing Finance Ltd. | Cash - Commercial Paper | ₹191.24 Cr | 3.91% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹191.24 Cr | 3.91% |
| IDFC First Bank Ltd. | Bond - Corporate Bond | ₹191.2 Cr | 3.91% |
| Hero Fincorp Limited | Bond - Corporate Bond | ₹190.37 Cr | 3.89% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹167.41 Cr | 3.42% |
| 364 DTB 13032025 | Bond - Gov't/Treasury | ₹147.78 Cr | 3.02% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹143.37 Cr | 2.93% |
| Axis Securities Limited | Cash - Commercial Paper | ₹142.96 Cr | 2.92% |
| Mahindra & Mahindra Financial Services Ltd. | Cash - Commercial Paper | ₹142.67 Cr | 2.92% |
| Icici Securities Limited | Cash - Commercial Paper | ₹142.34 Cr | 2.91% |
| India (Republic of) | Bond - Short-term Government Bills | ₹119.45 Cr | 2.44% |
| India (Republic of) | Bond - Short-term Government Bills | ₹96.53 Cr | 1.97% |
| National Bank for Agriculture and Rural Development | Cash - CD/Time Deposit | ₹95.83 Cr | 1.96% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹95.75 Cr | 1.96% |
| Muthoot Finance Ltd. | Cash - Commercial Paper | ₹95.73 Cr | 1.96% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹95.38 Cr | 1.95% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹95.32 Cr | 1.95% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹95.25 Cr | 1.95% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹95.07 Cr | 1.94% |
| India (Republic of) | Bond - Short-term Government Bills | ₹91.35 Cr | 1.87% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹72.08 Cr | 1.47% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹71.73 Cr | 1.47% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹71.6 Cr | 1.46% |
| Icici Securities Limited | Cash - Commercial Paper | ₹71.32 Cr | 1.46% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹47.94 Cr | 0.98% |
| Bank of Baroda | Bond - Corporate Bond | ₹47.83 Cr | 0.98% |
| Indian Bank | Bond - Gov't Agency Debt | ₹47.67 Cr | 0.98% |
| Hsbc Investdirect Financial Services (I)Ltd | Cash - Commercial Paper | ₹47.47 Cr | 0.97% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹36.8 Cr | 0.75% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.01 Cr | 0.49% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹23.93 Cr | 0.49% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹23.91 Cr | 0.49% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.9 Cr | 0.49% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹23.86 Cr | 0.49% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹23.85 Cr | 0.49% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹23.82 Cr | 0.49% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹23.81 Cr | 0.49% |
| SBI Funds Management Pvt Ltd/Fund Parent | Mutual Fund - Open End | ₹12.26 Cr | 0.25% |
| Net Receivables/Payables | Cash - Collateral | ₹-9.7 Cr | 0.20% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹1,792.41 Cr | 36.66% |
| Cash - Commercial Paper | ₹1,167.88 Cr | 23.89% |
| Bond - Corporate Bond | ₹859.59 Cr | 17.58% |
| Bond - Gov't Agency Debt | ₹382.69 Cr | 7.83% |
| Bond - Gov't/Treasury | ₹339.38 Cr | 6.94% |
| Bond - Short-term Government Bills | ₹307.34 Cr | 6.29% |
| Cash - Repurchase Agreement | ₹36.8 Cr | 0.75% |
| Mutual Fund - Open End | ₹12.26 Cr | 0.25% |
| Cash - Collateral | ₹-9.7 Cr | 0.20% |
Risk & Performance Ratios
Standard Deviation
This fund
0.71%
Cat. avg.
0.71%
Lower the better
Sharpe Ratio
This fund
0.18
Cat. avg.
-0.31
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.09
Higher the better
Fund Managers
KK
Kedar Karnik
Since July 2016
Karan Mundhra
Since May 2021
Additional Scheme Detailsas of 15th July 2024
ISIN | INF740K01NU2 | Expense Ratio | 0.25% | Exit Load | No Charges | Fund Size | ₹4,889 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Money Market A-I TR INR |
Investment 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹566.99 Cr | 6.7% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹181.97 Cr | 7.2% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹181.97 Cr | 6.4% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹92.66 Cr | 7.3% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹92.66 Cr | 7.1% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹25.21 Cr | 6.8% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹25.21 Cr | 6.4% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹24331.85 Cr | 7.6% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1467.42 Cr | 7.4% |
| HDFC Money Market Fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹27005.25 Cr | 7.5% |
About the AMC
Total AUM
₹1,58,660 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of DSP Savings Fund Direct Growth?
The NAV of DSP Savings Fund Direct Growth, as of 25-Jul-2024, is ₹50.65.
What are the returns of DSP Savings Fund Direct Growth?
The fund has generated 7.49% over the last 1 year and 5.89% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of DSP Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 38.64% in bonds, and 61.11% in cash and cash equivalents.
Who manages the DSP Savings Fund Direct Growth?
The fund managers responsible for DSP Savings Fund Direct Growth are:-
- Kedar Karnik
- Karan Mundhra
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
©2021-2022 Dezerv. All Rights Reserved
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.