DSP Short Term Fund Direct Growth

Fund Overview

Fund Size

₹3,749 Cr

Expense Ratio

0.34%

ISIN

INF740K01NJ5

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

DSP Short Term Fund Direct Growth is a Short Duration mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 12 years and 6 months, having been launched on 01-Jan-13.
As of 30-Jun-25, it has a Net Asset Value (NAV) of ₹50.80, Assets Under Management (AUM) of 3749.34 Crores, and an expense ratio of 0.34%.

DSP Short Term Fund Direct Growth has given a CAGR return of 7.93% since inception.
The fund's asset allocation comprises around 0.00% in equities, 96.42% in debts, and 3.35% in cash & cash equivalents.
You can start investing in DSP Short Term 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

+9.64%

+9.18% (Cat Avg.)

3 Years

+7.90%

+7.74% (Cat Avg.)

5 Years

+6.32%

+6.51% (Cat Avg.)

10 Years

+7.54%

+6.49% (Cat Avg.)

Since Inception

+7.93%

— (Cat Avg.)

Portfolio Summaryas of 15th June 2025

Debt	₹3,615.23 Cr	96.42%
Others	₹134.12 Cr	3.58%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
7.81% Govt Stock 2033	Bond - Gov't/Treasury	₹449.32 Cr	11.98%
6.79% Govt Stock 2034	Bond - Gov't/Treasury	₹417.03 Cr	11.12%
INDIA UNIVERSAL TRUST AL1	Bond - Asset Backed	₹150.63 Cr	4.02%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹106.97 Cr	2.85%
Titan Company Limited	Bond - Corporate Bond	₹105.15 Cr	2.80%
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹103.46 Cr	2.76%
Rec Limited	Bond - Corporate Bond	₹103.31 Cr	2.76%
Bajaj Finance Limited	Bond - Corporate Bond	₹101.77 Cr	2.71%
6.33% Gsec Mat - 05/05/2035	Bond - Gov't/Treasury	₹100.9 Cr	2.69%
Muthoot Finance Limited	Bond - Corporate Bond	₹86.29 Cr	2.30%
Jamnagar Utilities & Power Private Limited	Bond - Corporate Bond	₹81.94 Cr	2.19%
India Infrastructure Finance Company Limited	Bond - Corporate Bond	₹79.55 Cr	2.12%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹78.36 Cr	2.09%
Madhya Pradesh (Government of) 7.14%	Bond - Sub-sovereign Government Debt	₹78.23 Cr	2.09%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹77.88 Cr	2.08%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹77.75 Cr	2.07%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹77.3 Cr	2.06%
7.59% Govt Stock 2031	Bond - Gov't/Treasury	₹71.72 Cr	1.91%
Power Finance Corporation Limited	Bond - Corporate Bond	₹68.68 Cr	1.83%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹62.56 Cr	1.67%
Rec Limited	Bond - Corporate Bond	₹54 Cr	1.44%
Power Finance Corporation Limited	Bond - Corporate Bond	₹53.79 Cr	1.43%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹53.69 Cr	1.43%
Bharti Telecom Limited	Bond - Corporate Bond	₹53.23 Cr	1.42%
Bajaj Finance Limited	Bond - Corporate Bond	₹52.77 Cr	1.41%
ICICI Home Finance Company Limited	Bond - Corporate Bond	₹52.75 Cr	1.41%
Bharti Telecom Limited	Bond - Corporate Bond	₹52.62 Cr	1.40%
Export Import Bank Of India	Bond - Corporate Bond	₹52.61 Cr	1.40%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹52.56 Cr	1.40%
Bajaj Finance Limited	Bond - Corporate Bond	₹52.48 Cr	1.40%
Power Finance Corporation Limited	Bond - Corporate Bond	₹52.13 Cr	1.39%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹51.93 Cr	1.39%
Export Import Bank Of India	Bond - Corporate Bond	₹51.66 Cr	1.38%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹50.44 Cr	1.35%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹50.31 Cr	1.34%
Power Finance Corporation Limited	Bond - Corporate Bond	₹31.21 Cr	0.83%
Muthoot Finance Limited	Bond - Corporate Bond	₹27.61 Cr	0.74%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹27.1 Cr	0.72%
Tata Capital Limited	Bond - Corporate Bond	₹27.08 Cr	0.72%
Power Finance Corporation Limited	Bond - Corporate Bond	₹26.94 Cr	0.72%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹26.69 Cr	0.71%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹26.55 Cr	0.71%
Bharti Telecom Limited	Bond - Corporate Bond	₹26.36 Cr	0.70%
National Housing Bank	Bond - Corporate Bond	₹26.27 Cr	0.70%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹26 Cr	0.69%
06.87 Up SDL 2031	Bond - Gov't/Treasury	₹25.9 Cr	0.69%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹25.89 Cr	0.69%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹25.59 Cr	0.68%
Cholamandalam Investment And Finance Company Limited	Bond - Corporate Bond	₹25.42 Cr	0.68%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹25.29 Cr	0.67%
Power Finance Corporation Limited	Bond - Corporate Bond	₹25.03 Cr	0.67%
Axis Bank Limited	Cash - CD/Time Deposit	₹24.68 Cr	0.66%
06.89 Up SDL 2031	Bond - Gov't/Treasury	₹20.77 Cr	0.55%
SBI Funds Management Pvt Ltd/Fund Parent	Mutual Fund - Open End	₹8.53 Cr	0.23%
Net Receivables/Payables	Cash	₹-7.57 Cr	0.20%
Cholamandalam Investment And Finance Company Limited	Bond - Corporate Bond	₹5.05 Cr	0.13%
Hindustan Petroleum Corporation Limited	Bond - Corporate Bond	₹5.01 Cr	0.13%
7.26% Govt Stock 2033	Bond - Gov't/Treasury	₹2.16 Cr	0.06%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹2,303.57 Cr	61.44%
Bond - Gov't/Treasury	₹1,087.81 Cr	29.01%
Bond - Asset Backed	₹150.63 Cr	4.02%
Cash - Repurchase Agreement	₹103.46 Cr	2.76%
Bond - Sub-sovereign Government Debt	₹78.23 Cr	2.09%
Cash - CD/Time Deposit	₹24.68 Cr	0.66%
Mutual Fund - Open End	₹8.53 Cr	0.23%
Cash	₹-7.57 Cr	0.20%

Risk & Performance Ratios

Fund Managers

Karan Mundhra

Since August 2024

Shantanu Godambe

Since January 2025

Additional Scheme Detailsas of 15th June 2025

ISIN

INF740K01NJ5

Expense Ratio

0.34%

Exit Load

No Charges

Fund Size

₹3,749 Cr

Age

12 years 6 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Short Duration Debt 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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Short Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Union Short Duration Fund Direct Growth Low Risk	0.3%	0.0%	₹681.35 Cr	-
Union Short Duration Fund Regular Growth Low Risk	0.7%	0.0%	₹681.35 Cr	-
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3928.37 Cr	9.7%
Groww Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹71.52 Cr	9.7%
Groww Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹71.52 Cr	8.6%
Invesco India Short Term Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1240.00 Cr	9.7%
ICICI Prudential Short Term Fund Direct Growth Moderate Risk	0.5%	0.0%	₹21283.50 Cr	9.7%
Sundaram Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹214.18 Cr	9.7%
Bandhan Bond Fund - Short Term Plan Direct Growth Low to Moderate Risk	0.3%	0.0%	₹10116.37 Cr	9.8%
Nippon India Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹8154.86 Cr	10.1%
Kotak Bond Fund Short Term Plan Direct Growth Low to Moderate Risk	0.4%	0.0%	₹18428.66 Cr	9.8%
LIC MF Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹262.44 Cr	9.8%
LIC MF Short Duration Fund Regular Growth Low to Moderate Risk	1.3%	0.0%	₹262.44 Cr	8.8%
Canara Robeco Short Duration Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹452.78 Cr	8.3%
SBI Short Term Debt Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹14733.18 Cr	9.1%
Bank of India S/T Income Regular Growth Low to Moderate Risk	1.0%	0.0%	₹145.41 Cr	10.2%
Baroda BNP Paribas Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹198.72 Cr	9.1%
JM Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹120.83 Cr	9.4%
JM Short Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹120.83 Cr	8.6%
Invesco India Short Term Fund Regular Growth Moderate Risk	1.1%	0.0%	₹1240.00 Cr	8.9%
Axis Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹11317.08 Cr	10.0%
UTI Short Term Income Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹2822.27 Cr	9.4%
HDFC Short Term Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹15485.82 Cr	9.7%
Aditya Birla Sun Life Short Term Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹10963.47 Cr	9.7%
Bank of India S/T Income Direct Growth Low to Moderate Risk	0.5%	0.0%	₹145.41 Cr	10.8%
Baroda BNP Paribas Short Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹198.72 Cr	9.9%
SBI Short Term Debt Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹14733.18 Cr	9.7%
Tata Short Term Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3685.20 Cr	9.3%
Canara Robeco Short Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹452.78 Cr	8.9%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3749.34 Cr	9.6%
PGIM India Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹27.94 Cr	6.7%
HSBC Short Duration Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹3928.37 Cr	9.1%
UTI Short Term Income Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹2822.27 Cr	8.9%
TrustMF Short Term Fund Regular Growth Moderate Risk	0.7%	0.0%	₹112.92 Cr	8.9%
TrustMF Short Term Fund Direct Growth Moderate Risk	0.2%	0.0%	₹112.92 Cr	9.5%
Aditya Birla Sun Life Short Term Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹10963.47 Cr	9.0%
Kotak Bond Fund Short Term Plan Regular Growth Low to Moderate Risk	1.1%	0.0%	₹18428.66 Cr	9.0%
Sundaram Short Duration Fund Regular Growth Moderate Risk	0.9%	0.0%	₹214.18 Cr	9.1%
DSP Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹3749.34 Cr	9.0%
PGIM India Short Duration Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹27.94 Cr	6.1%
HDFC Short Term Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹15485.82 Cr	9.3%
Nippon India Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹8154.86 Cr	9.5%
Mahindra Manulife Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹77.63 Cr	9.7%
Mahindra Manulife Short Duration Fund Regular Growth Low to Moderate Risk	1.3%	0.0%	₹77.63 Cr	8.7%
ICICI Prudential Short Term Fund Regular Growth Moderate Risk	1.0%	0.0%	₹21283.50 Cr	9.0%
Mirae Asset Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1056.03 Cr	9.8%
Bandhan Bond Fund - Short Term Plan Regular Growth Low to Moderate Risk	0.8%	0.0%	₹10116.37 Cr	9.3%
Tata Short Term Bond Fund Regular Growth Moderate Risk	1.2%	0.0%	₹3685.20 Cr	8.4%
Mirae Asset Short Term Fund Regular Growth Low to Moderate Risk	1.1%	0.0%	₹1056.03 Cr	8.9%
Axis Short Term Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹11317.08 Cr	9.5%

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹1,97,336 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Multicap Fund Direct Growth Low Risk	0.6%	1.0%	₹2262.92 Cr	5.3%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹255.48 Cr	2.1%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹1290.21 Cr	23.4%
DSP Gold ETF Fund of Fund Direct Growth High Risk	0.7%	0.0%	₹91.70 Cr	31.4%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹3157.86 Cr	14.8%
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹51.59 Cr	8.7%
DSP FMP Series 267 - 1246 Days Direct Growth Low to Moderate Risk	-	0.0%	₹690.59 Cr	8.2%
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%	₹180.35 Cr	8.2%
DSP FMP Series 268 - 1281 Days Direct Growth Low to Moderate Risk	-	-	₹122.54 Cr	8.2%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low Risk	0.3%	0.0%	₹4187.54 Cr	9.2%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3396.57 Cr	9.3%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹1916.91 Cr	6.4%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹739.23 Cr	7.3%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1008.00 Cr	-3.2%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹2961.36 Cr	17.5%
DSP Global Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹683.95 Cr	9.2%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5592.41 Cr	8.3%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹1001.23 Cr	11.0%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2152.09 Cr	9.7%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹314.01 Cr	10.0%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹11836.70 Cr	7.6%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1903.95 Cr	8.2%
DSP Equity & Bond Fund Direct Growth Very High Risk	0.7%	1.0%	₹11104.36 Cr	12.2%
DSP Focus Fund Direct Growth Very High Risk	1.0%	1.0%	₹2576.32 Cr	8.3%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	1.0%	₹209.20 Cr	23.9%
DSP India TIGER Fund Direct Growth Very High Risk	0.9%	1.0%	₹5319.48 Cr	-2.6%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹20980.80 Cr	7.3%
DSP Regular Saving Fund Direct Growth Moderate Risk	0.5%	0.0%	₹176.45 Cr	10.3%
DSP Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹16304.77 Cr	10.6%
DSP Ultra Short Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4178.95 Cr	8.1%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3749.34 Cr	9.6%
DSP Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹18712.25 Cr	5.9%
DSP Natural Resource & New Energy Fund Direct Growth Very High Risk	1.0%	0.0%	₹1291.71 Cr	-0.8%
DSP Equity Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹15012.64 Cr	7.3%
DSP Strategic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1551.51 Cr	8.2%
DSP Savings Fund Direct Growth Moderate Risk	0.2%	0.0%	₹4226.58 Cr	7.9%
DSP Tax Saver Fund Direct Growth Very High Risk	0.7%	0.0%	₹16973.99 Cr	9.2%
DSP World Agriculture Direct Growth Very High Risk	1.5%	0.0%	₹12.18 Cr	7.1%
DSP Top 100 Equity Fund Direct Growth Very High Risk	1.0%	1.0%	₹6036.43 Cr	11.3%
DSP US Flexible Equity Fund Direct Growth Very High Risk	1.5%	0.0%	₹866.46 Cr	17.1%
DSP World Energy Direct Growth Very High Risk	1.5%	0.0%	₹84.88 Cr	7.2%
DSP World Gold Fund of Fund Direct Growth Very High Risk	1.7%	0.0%	₹1195.92 Cr	58.6%
DSP World Mining Direct Growth Very High Risk	1.5%	0.0%	₹126.67 Cr	7.8%
DSP Equity Savings Fund Direct Growth Moderately High risk	0.4%	0.0%	₹2995.31 Cr	9.8%
DSP Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹6473.70 Cr	7.5%
DSP Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2684.55 Cr	9.1%
DSP 10Y G-Sec Fund Direct Growth Moderate Risk	0.3%	0.0%	₹58.36 Cr	10.5%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹85.90 Cr	9.2%

Risk Level

Your principal amount will be at Low to Moderate Risk

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

Rated ★ 4.3+ on

Still got questions?
We're here to help.

What is the current NAV of DSP Short Term Fund Direct Growth?

The NAV of DSP Short Term Fund Direct Growth, as of 30-Jun-2025, is ₹50.80.

What are the returns of DSP Short Term Fund Direct Growth?

The fund has generated 9.64% over the last 1 year and 7.90% 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 Short Term Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 96.42% in bonds, and 3.35% in cash and cash equivalents.

Who manages the DSP Short Term Fund Direct Growth?

The fund managers responsible for DSP Short Term Fund Direct Growth are:-

Karan Mundhra
Shantanu Godambe

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.

;

Fund Overview

Fund Size

₹3,749 Cr

Expense Ratio

0.34%

ISIN

INF740K01NJ5

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Low to Moderate Risk