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DSP Ultra Short Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (28-Aug-25)
₹3743.500.04%1D
Returns (Since Inception)
7.17%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹3,772 Cr
Expense Ratio
0.30%
ISIN
INF740K01ON5
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
DSP Ultra Short Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 12 years, 7 months and 28 days, having been launched on 01-Jan-13.
As of 28-Aug-25, it has a Net Asset Value (NAV) of ₹3743.50, Assets Under Management (AUM) of 3772.40 Crores, and an expense ratio of 0.3%.
As of 28-Aug-25, it has a Net Asset Value (NAV) of ₹3743.50, Assets Under Management (AUM) of 3772.40 Crores, and an expense ratio of 0.3%.
- DSP Ultra Short Fund Direct Growth has given a CAGR return of 7.17% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 29.52% in debts, and 70.06% in cash & cash equivalents.
- You can start investing in DSP Ultra Short 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
+7.90%
+7.06% (Cat Avg.)
3 Years
+7.52%
+6.76% (Cat Avg.)
5 Years
+6.05%
+5.57% (Cat Avg.)
10 Years
+6.59%
+5.60% (Cat Avg.)
Since Inception
+7.17%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2025
| Debt | ₹1,113.77 Cr | 29.52% |
| Others | ₹2,658.63 Cr | 70.48% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Punjab National Bank | Cash - CD/Time Deposit | ₹171.7 Cr | 4.55% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹122.78 Cr | 3.25% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹106.56 Cr | 2.82% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹104.28 Cr | 2.76% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹101.3 Cr | 2.69% |
| 364 DTB 06112025 | Bond - Gov't/Treasury | ₹98.79 Cr | 2.62% |
| Cholamandalam Investment & Finance Co Ltd. | Cash - Commercial Paper | ₹98.68 Cr | 2.62% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹78.78 Cr | 2.09% |
| Canara Bank | Cash - CD/Time Deposit | ₹78.36 Cr | 2.08% |
| 7.59% Govt Stock 2026 | Bond - Gov't/Treasury | ₹76.14 Cr | 2.02% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹74.77 Cr | 1.98% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹74.17 Cr | 1.97% |
| Canara Bank | Cash - CD/Time Deposit | ₹73.66 Cr | 1.95% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹73.65 Cr | 1.95% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹73.51 Cr | 1.95% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹72.89 Cr | 1.93% |
| HDFC Bank Ltd | Cash - CD/Time Deposit | ₹72.15 Cr | 1.91% |
| Aditya Birla Renewables Limited | Bond - Corporate Bond | ₹54.56 Cr | 1.45% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹53.98 Cr | 1.43% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹53.05 Cr | 1.41% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹52.24 Cr | 1.38% |
| Nuvama Wealth Finance Limited | Bond - Corporate Bond | ₹49.98 Cr | 1.32% |
| Angel One Limited | Cash - Commercial Paper | ₹49.69 Cr | 1.32% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹49.21 Cr | 1.30% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹49.19 Cr | 1.30% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹49.13 Cr | 1.30% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹49.11 Cr | 1.30% |
| Piramal Capital & Housing Finance Limited | Cash - Commercial Paper | ₹49.11 Cr | 1.30% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.05 Cr | 1.30% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.02 Cr | 1.30% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹49.02 Cr | 1.30% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.01 Cr | 1.30% |
| Canara Bank | Cash - CD/Time Deposit | ₹49 Cr | 1.30% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49 Cr | 1.30% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹48.97 Cr | 1.30% |
| Export-Import Bank Of India | Cash - CD/Time Deposit | ₹48.91 Cr | 1.30% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹48.78 Cr | 1.29% |
| Nuvama Wealth Finance Limited | Cash - Commercial Paper | ₹48.7 Cr | 1.29% |
| Bank Of Baroda** | Cash | ₹48.6 Cr | 1.29% |
| 364 Days Tbill Red 12-03-2026 | Bond - Gov't/Treasury | ₹48.48 Cr | 1.29% |
| Indian Bank | Cash - CD/Time Deposit | ₹47.84 Cr | 1.27% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.83 Cr | 1.27% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹47.45 Cr | 1.26% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹47.07 Cr | 1.25% |
| Net Receivables/Payables | Cash | ₹-46.26 Cr | 1.23% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹43.47 Cr | 1.15% |
| 08.42 JH Sdl 2026 | Bond - Gov't/Treasury | ₹40.64 Cr | 1.08% |
| 08.25 MP Sdl 2025sep | Bond - Gov't/Treasury | ₹36.31 Cr | 0.96% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹27.02 Cr | 0.72% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.8 Cr | 0.71% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹26.34 Cr | 0.70% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹26.25 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.24 Cr | 0.70% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹26.03 Cr | 0.69% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.71 Cr | 0.68% |
| 07.99 KA Sdl 2025 | Bond - Gov't/Treasury | ₹25.71 Cr | 0.68% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹25.54 Cr | 0.68% |
| LIC Housing Finance Ltd. | Bond - Corporate Bond | ₹25.31 Cr | 0.67% |
| Nuvama Wealth And Investment Limited | Cash - Commercial Paper | ₹24.95 Cr | 0.66% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹24.81 Cr | 0.66% |
| Kotak Mahindra Bank Limited (26/11/2025) | Cash - CD/Time Deposit | ₹24.6 Cr | 0.65% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.56 Cr | 0.65% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.56 Cr | 0.65% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.56 Cr | 0.65% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.55 Cr | 0.65% |
| Nuvama Wealth And Investment Limited | Cash - Commercial Paper | ₹24.48 Cr | 0.65% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.47 Cr | 0.65% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.41 Cr | 0.65% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹24.38 Cr | 0.65% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.21 Cr | 0.64% |
| National Bank For Agriculture & Rural Development** | Cash - CD/Time Deposit | ₹24.15 Cr | 0.64% |
| 364 Days T-Bill 2026 | Bond - Gov't/Treasury | ₹24.06 Cr | 0.64% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹24.05 Cr | 0.64% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹23.86 Cr | 0.63% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.77 Cr | 0.63% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.77 Cr | 0.63% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹22.95 Cr | 0.61% |
| Indostar Capital Finance Limited | Cash - Commercial Paper | ₹14.56 Cr | 0.39% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹10.77 Cr | 0.29% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹10.72 Cr | 0.28% |
| SBI Funds Management Pvt Ltd/Fund Parent | Mutual Fund - Open End | ₹10.71 Cr | 0.28% |
| 07.71 GJ Sdl 2027 | Bond - Gov't/Treasury | ₹10.59 Cr | 0.28% |
| 08.12 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹10.26 Cr | 0.27% |
| 08.31 Ts SDL 2026 | Bond - Gov't/Treasury | ₹10.18 Cr | 0.27% |
| Roadstar Infra Investment Trust | Mutual Fund - Unspecified | ₹5.14 Cr | 0.14% |
| 08.39 MP Sdl 2026 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.13% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹1,836.72 Cr | 48.69% |
| Bond - Corporate Bond | ₹848.37 Cr | 22.49% |
| Cash - Commercial Paper | ₹504.59 Cr | 13.38% |
| Bond - Gov't/Treasury | ₹435.01 Cr | 11.53% |
| Cash - Repurchase Agreement | ₹106.56 Cr | 2.82% |
| Cash | ₹2.34 Cr | 2.51% |
| Bond - Asset Backed | ₹22.95 Cr | 0.61% |
| Mutual Fund - Open End | ₹10.71 Cr | 0.28% |
| Mutual Fund - Unspecified | ₹5.14 Cr | 0.14% |
Risk & Performance Ratios
Standard Deviation
This fund
0.32%
Cat. avg.
0.48%
Lower the better
Sharpe Ratio
This fund
2.51
Cat. avg.
0.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.66
Higher the better
Fund Managers
Karan Mundhra
Since May 2021
SV
Shalini Vasanta
Since January 2025
Additional Scheme Detailsas of 15th August 2025
ISIN INF740K01ON5 | Expense Ratio 0.30% | Exit Load No Charges | Fund Size ₹3,772 Cr | Age 12 years 7 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark CRISIL Ultra 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 Ultra Short Duration Funds
About the AMC
DSP Mutual Fund
Total AUM
₹2,04,042 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
Take control of your wealth
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Still got questions?
We're here to help.
What is the current NAV of DSP Ultra Short Fund Direct Growth?
The NAV of DSP Ultra Short Fund Direct Growth, as of 28-Aug-2025, is ₹3743.50.
What are the returns of DSP Ultra Short Fund Direct Growth?
The fund has generated 7.90% over the last 1 year and 7.52% 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 Ultra Short Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 29.52% in bonds, and 70.06% in cash and cash equivalents.
Who manages the DSP Ultra Short Fund Direct Growth?
The fund managers responsible for DSP Ultra Short Fund Direct Growth are:-
- Karan Mundhra
- Shalini Vasanta
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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.
DSP Ultra Short Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (28-Aug-25)
₹3743.500.04%1D
Returns (Since Inception)
7.17%
Rated ★4.3+ on
Fund Overview
Fund Size
₹3,772 Cr
Expense Ratio
0.30%
ISIN
INF740K01ON5
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
Risk Level
Your principal amount will be at Low to Moderate Risk
About this fund
DSP Ultra Short Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 12 years, 7 months and 28 days, having been launched on 01-Jan-13.
As of 28-Aug-25, it has a Net Asset Value (NAV) of ₹3743.50, Assets Under Management (AUM) of 3772.40 Crores, and an expense ratio of 0.3%.
As of 28-Aug-25, it has a Net Asset Value (NAV) of ₹3743.50, Assets Under Management (AUM) of 3772.40 Crores, and an expense ratio of 0.3%.
- DSP Ultra Short Fund Direct Growth has given a CAGR return of 7.17% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 29.52% in debts, and 70.06% in cash & cash equivalents.
- You can start investing in DSP Ultra Short 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
+7.90%
+7.06% (Cat Avg.)
3 Years
+7.52%
+6.76% (Cat Avg.)
5 Years
+6.05%
+5.57% (Cat Avg.)
10 Years
+6.59%
+5.60% (Cat Avg.)
Since Inception
+7.17%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2025
| Debt | ₹1,113.77 Cr | 29.52% |
| Others | ₹2,658.63 Cr | 70.48% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Punjab National Bank | Cash - CD/Time Deposit | ₹171.7 Cr | 4.55% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹122.78 Cr | 3.25% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹106.56 Cr | 2.82% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹104.28 Cr | 2.76% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹101.3 Cr | 2.69% |
| 364 DTB 06112025 | Bond - Gov't/Treasury | ₹98.79 Cr | 2.62% |
| Cholamandalam Investment & Finance Co Ltd. | Cash - Commercial Paper | ₹98.68 Cr | 2.62% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹78.78 Cr | 2.09% |
| Canara Bank | Cash - CD/Time Deposit | ₹78.36 Cr | 2.08% |
| 7.59% Govt Stock 2026 | Bond - Gov't/Treasury | ₹76.14 Cr | 2.02% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹74.77 Cr | 1.98% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹74.17 Cr | 1.97% |
| Canara Bank | Cash - CD/Time Deposit | ₹73.66 Cr | 1.95% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹73.65 Cr | 1.95% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹73.51 Cr | 1.95% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹72.89 Cr | 1.93% |
| HDFC Bank Ltd | Cash - CD/Time Deposit | ₹72.15 Cr | 1.91% |
| Aditya Birla Renewables Limited | Bond - Corporate Bond | ₹54.56 Cr | 1.45% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹53.98 Cr | 1.43% |
| Mahindra Rural Housing Finance Limited | Bond - Corporate Bond | ₹53.05 Cr | 1.41% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹52.24 Cr | 1.38% |
| Nuvama Wealth Finance Limited | Bond - Corporate Bond | ₹49.98 Cr | 1.32% |
| Angel One Limited | Cash - Commercial Paper | ₹49.69 Cr | 1.32% |
| IDFC First Bank Limited | Cash - CD/Time Deposit | ₹49.21 Cr | 1.30% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹49.19 Cr | 1.30% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹49.13 Cr | 1.30% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹49.11 Cr | 1.30% |
| Piramal Capital & Housing Finance Limited | Cash - Commercial Paper | ₹49.11 Cr | 1.30% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.05 Cr | 1.30% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.02 Cr | 1.30% |
| Indusind Bank Ltd. | Cash - CD/Time Deposit | ₹49.02 Cr | 1.30% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.01 Cr | 1.30% |
| Canara Bank | Cash - CD/Time Deposit | ₹49 Cr | 1.30% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹49 Cr | 1.30% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹48.97 Cr | 1.30% |
| Export-Import Bank Of India | Cash - CD/Time Deposit | ₹48.91 Cr | 1.30% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹48.78 Cr | 1.29% |
| Nuvama Wealth Finance Limited | Cash - Commercial Paper | ₹48.7 Cr | 1.29% |
| Bank Of Baroda** | Cash | ₹48.6 Cr | 1.29% |
| 364 Days Tbill Red 12-03-2026 | Bond - Gov't/Treasury | ₹48.48 Cr | 1.29% |
| Indian Bank | Cash - CD/Time Deposit | ₹47.84 Cr | 1.27% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.83 Cr | 1.27% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹47.45 Cr | 1.26% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹47.07 Cr | 1.25% |
| Net Receivables/Payables | Cash | ₹-46.26 Cr | 1.23% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹43.47 Cr | 1.15% |
| 08.42 JH Sdl 2026 | Bond - Gov't/Treasury | ₹40.64 Cr | 1.08% |
| 08.25 MP Sdl 2025sep | Bond - Gov't/Treasury | ₹36.31 Cr | 0.96% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹27.02 Cr | 0.72% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.8 Cr | 0.71% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹26.34 Cr | 0.70% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹26.25 Cr | 0.70% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.24 Cr | 0.70% |
| Mahindra And Mahindra Financial Services Limited | Bond - Corporate Bond | ₹26.03 Cr | 0.69% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.71 Cr | 0.68% |
| 07.99 KA Sdl 2025 | Bond - Gov't/Treasury | ₹25.71 Cr | 0.68% |
| Sikka Ports & Terminals Limited | Bond - Corporate Bond | ₹25.54 Cr | 0.68% |
| LIC Housing Finance Ltd. | Bond - Corporate Bond | ₹25.31 Cr | 0.67% |
| Nuvama Wealth And Investment Limited | Cash - Commercial Paper | ₹24.95 Cr | 0.66% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹24.81 Cr | 0.66% |
| Kotak Mahindra Bank Limited (26/11/2025) | Cash - CD/Time Deposit | ₹24.6 Cr | 0.65% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.56 Cr | 0.65% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.56 Cr | 0.65% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.56 Cr | 0.65% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.55 Cr | 0.65% |
| Nuvama Wealth And Investment Limited | Cash - Commercial Paper | ₹24.48 Cr | 0.65% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.47 Cr | 0.65% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹24.41 Cr | 0.65% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹24.38 Cr | 0.65% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.21 Cr | 0.64% |
| National Bank For Agriculture & Rural Development** | Cash - CD/Time Deposit | ₹24.15 Cr | 0.64% |
| 364 Days T-Bill 2026 | Bond - Gov't/Treasury | ₹24.06 Cr | 0.64% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹24.05 Cr | 0.64% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹23.86 Cr | 0.63% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.77 Cr | 0.63% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.77 Cr | 0.63% |
| INDIA UNIVERSAL TRUST AL1 | Bond - Asset Backed | ₹22.95 Cr | 0.61% |
| Indostar Capital Finance Limited | Cash - Commercial Paper | ₹14.56 Cr | 0.39% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹10.77 Cr | 0.29% |
| Sundaram Finance Limited | Bond - Corporate Bond | ₹10.72 Cr | 0.28% |
| SBI Funds Management Pvt Ltd/Fund Parent | Mutual Fund - Open End | ₹10.71 Cr | 0.28% |
| 07.71 GJ Sdl 2027 | Bond - Gov't/Treasury | ₹10.59 Cr | 0.28% |
| 08.12 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹10.26 Cr | 0.27% |
| 08.31 Ts SDL 2026 | Bond - Gov't/Treasury | ₹10.18 Cr | 0.27% |
| Roadstar Infra Investment Trust | Mutual Fund - Unspecified | ₹5.14 Cr | 0.14% |
| 08.39 MP Sdl 2026 | Bond - Gov't/Treasury | ₹5.08 Cr | 0.13% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹1,836.72 Cr | 48.69% |
| Bond - Corporate Bond | ₹848.37 Cr | 22.49% |
| Cash - Commercial Paper | ₹504.59 Cr | 13.38% |
| Bond - Gov't/Treasury | ₹435.01 Cr | 11.53% |
| Cash - Repurchase Agreement | ₹106.56 Cr | 2.82% |
| Cash | ₹2.34 Cr | 2.51% |
| Bond - Asset Backed | ₹22.95 Cr | 0.61% |
| Mutual Fund - Open End | ₹10.71 Cr | 0.28% |
| Mutual Fund - Unspecified | ₹5.14 Cr | 0.14% |
Risk & Performance Ratios
Standard Deviation
This fund
0.32%
Cat. avg.
0.48%
Lower the better
Sharpe Ratio
This fund
2.51
Cat. avg.
0.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.66
Higher the better
Fund Managers
Karan Mundhra
Since May 2021
SV
Shalini Vasanta
Since January 2025
Additional Scheme Detailsas of 15th August 2025
ISIN INF740K01ON5 | Expense Ratio 0.30% | Exit Load No Charges | Fund Size ₹3,772 Cr | Age 12 years 7 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark CRISIL Ultra 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.
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About the AMC
DSP Mutual Fund
Total AUM
₹2,04,042 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
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What is the current NAV of DSP Ultra Short Fund Direct Growth?
The NAV of DSP Ultra Short Fund Direct Growth, as of 28-Aug-2025, is ₹3743.50.
What are the returns of DSP Ultra Short Fund Direct Growth?
The fund has generated 7.90% over the last 1 year and 7.52% 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 Ultra Short Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 29.52% in bonds, and 70.06% in cash and cash equivalents.
Who manages the DSP Ultra Short Fund Direct Growth?
The fund managers responsible for DSP Ultra Short Fund Direct Growth are:-
- Karan Mundhra
- Shalini Vasanta
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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.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.
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