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Fund Overview

Fund Size

Fund Size

₹2,676 Cr

Expense Ratio

Expense Ratio

0.30%

ISIN

ISIN

INF740K01ON5

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

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 11 years, 6 months and 11 days, having been launched on 01-Jan-13.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹3437.23, Assets Under Management (AUM) of 2676.36 Crores, and an expense ratio of 0.3%.
  • DSP Ultra Short Fund Direct Growth has given a CAGR return of 7.10% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 29.76% in debts, and 69.99% 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

+7.66%

+6.13% (Cat Avg.)

3 Years

+6.04%

+5.23% (Cat Avg.)

5 Years

+5.80%

+4.96% (Cat Avg.)

10 Years

+6.72%

+5.53% (Cat Avg.)

Since Inception

+7.10%

(Cat Avg.)

Portfolio Summaryas of 15th June 2024

Debt796.5 Cr29.76%
Others1,879.86 Cr70.24%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Treps / Reverse Repo InvestmentsCash - Repurchase Agreement134.39 Cr5.02%
364 DTB 05122024Bond - Gov't/Treasury121.39 Cr4.54%
HDFC Bank LimitedCash - CD/Time Deposit96.88 Cr3.62%
182 DTB 25072024Bond - Gov't/Treasury74.68 Cr2.79%
Bank of BarodaBond - Corporate Bond71.5 Cr2.67%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit71.35 Cr2.67%
Motilal Oswal Financial Services LtdCash - Commercial Paper70.67 Cr2.64%
Can Fin Homes LimitedBond - Corporate Bond50.67 Cr1.89%
182 DTB 18072024Bond - Gov't/Treasury49.85 Cr1.86%
Nuvama Wealth Finance LimitedCash - Commercial Paper49.81 Cr1.86%
Aditya Birla MoneyCash - Commercial Paper49.69 Cr1.86%
Rbl Bank LimitedCash - CD/Time Deposit49.35 Cr1.84%
Axis Bank LimitedCash - CD/Time Deposit49.27 Cr1.84%
ICICI Bank LimitedCash - CD/Time Deposit49.27 Cr1.84%
Equitas Small Finance Bank LimitedCash - CD/Time Deposit49.26 Cr1.84%
Hsbc Investdirect Financial Services (I)LtdCash - Commercial Paper49.22 Cr1.84%
182 DTB 14112024Bond - Gov't/Treasury48.75 Cr1.82%
Axis Bank LimitedCash - CD/Time Deposit48.51 Cr1.81%
The Federal Bank LimitedCash - CD/Time Deposit48.5 Cr1.81%
ICICI Bank LimitedCash - CD/Time Deposit48.45 Cr1.81%
Tata Projects LimitedBond - Corporate Bond48.42 Cr1.81%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit48.38 Cr1.81%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit48.09 Cr1.80%
Punjab National BankBond - Gov't Agency Debt47.9 Cr1.79%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit47.81 Cr1.79%
Bank Of BarodaCash - CD/Time Deposit47.72 Cr1.78%
Standard Chartered Capital LimitedCash - Commercial Paper47.7 Cr1.78%
LIC Housing Finance LtdBond - Corporate Bond47.68 Cr1.78%
Indusind Bank LimitedCash - CD/Time Deposit47.64 Cr1.78%
IDFC First Bank Ltd.Bond - Corporate Bond47.63 Cr1.78%
Axis Bank LimitedCash - CD/Time Deposit47.63 Cr1.78%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit47.55 Cr1.78%
Hero Fincorp LimitedBond - Corporate Bond47.34 Cr1.77%
Axis Bank LimitedCash - CD/Time Deposit46.68 Cr1.74%
National Bank For Agriculture And Rural DevelopmentCash - Commercial Paper46.51 Cr1.74%
Au Small Finance Bank LimitedCash - CD/Time Deposit39.47 Cr1.47%
Infina Finance Private LimitedCash - Commercial Paper34.47 Cr1.29%
Muthoot Finance LimitedBond - Corporate Bond32.08 Cr1.20%
LIC Housing Finance LtdBond - Corporate Bond26.82 Cr1.00%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond26.55 Cr0.99%
Small Industries Development Bank Of IndiaBond - Corporate Bond26.54 Cr0.99%
Power Finance Corporation LimitedBond - Corporate Bond26 Cr0.97%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.78 Cr0.96%
Rec LimitedBond - Corporate Bond25.47 Cr0.95%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond25.34 Cr0.95%
Cholamandalam Investment And Finance Company LimitedBond - Corporate Bond25.32 Cr0.95%
Power Finance Corporation LimitedBond - Corporate Bond25.08 Cr0.94%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.02 Cr0.93%
Nuvama Wealth Management LimitedCash - Commercial Paper24.84 Cr0.93%
ICICI Bank LimitedCash - CD/Time Deposit24.76 Cr0.93%
Motilal Oswal Financial Services LimitedCash - Commercial Paper24.67 Cr0.92%
Axis Bank LimitedCash - CD/Time Deposit24.26 Cr0.91%
Canara BankCash - CD/Time Deposit24.02 Cr0.90%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit24.02 Cr0.90%
HDFC Bank LimitedCash - CD/Time Deposit23.93 Cr0.89%
HDFC Bank LimitedCash - CD/Time Deposit23.76 Cr0.89%
ICICI Bank Ltd.Bond - Corporate Bond23.74 Cr0.89%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit23.48 Cr0.88%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit23.32 Cr0.87%
182 DTB 11072024Bond - Gov't/Treasury19.96 Cr0.75%
HDFC Bank LimitedBond - Corporate Bond15.63 Cr0.58%
The Tata Power Company LimitedBond - Corporate Bond10.35 Cr0.39%
SBI Funds Management Pvt Ltd/Fund ParentMutual Fund - Open End6.63 Cr0.25%
Net Receivables/PayablesCash-1.07 Cr0.04%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - CD/Time Deposit1,123.34 Cr41.97%
Bond - Corporate Bond652.97 Cr24.40%
Cash - Commercial Paper397.58 Cr14.86%
Bond - Gov't/Treasury314.63 Cr11.76%
Cash - Repurchase Agreement134.39 Cr5.02%
Bond - Gov't Agency Debt47.9 Cr1.79%
Mutual Fund - Open End6.63 Cr0.25%
Cash-1.07 Cr0.04%

Risk & Performance Ratios

Standard Deviation

This fund

0.55%

Cat. avg.

0.74%

Lower the better

Sharpe Ratio

This fund

0.93

Cat. avg.

-0.89

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.22

Higher the better

Fund Managers

KK

Kedar Karnik

Since July 2016

Karan Mundhra

Karan Mundhra

Since May 2021

Additional Scheme Detailsas of 15th June 2024

ISIN
INF740K01ON5
Expense Ratio
0.30%
Exit Load
No Charges
Fund Size
₹2,676 Cr
Age
01 Jan 2013
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
CRISIL Ultra Short Duration Debt 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 Ultra Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
PGIM India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹246.34 Cr6.7%
Canara Robeco Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹501.12 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1031.48 Cr7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1031.48 Cr7.5%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹161.02 Cr7.1%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹161.02 Cr6.5%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹2514.62 Cr7.0%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹6039.94 Cr7.0%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹215.40 Cr7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹215.40 Cr7.6%

About the AMC

Total AUM

₹1,58,660 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

0.6%1.0%₹1037.46 Cr-
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹72.92 Cr-
DSP Banking & Financial Services Fund Direct Growth

Very High Risk

0.8%0.0%₹684.91 Cr-
DSP Gold ETF Fund of Fund Direct Growth

High Risk

0.6%0.0%₹26.43 Cr-
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹1692.42 Cr-
DSP FMP - Series 264 - 60M - 17D Direct Growth

Low to Moderate Risk

-0.0%₹47.56 Cr7.7%
DSP FMP Series 267 - 1246 Days Direct Growth

Low to Moderate Risk

-0.0%₹639.62 Cr7.4%
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%-7.4%
DSP FMP Series 268 - 1281 Days Direct Growth

Low to Moderate Risk

---7.6%
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%₹2427.49 Cr7.7%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.8%1.0%₹3185.40 Cr22.2%
DSP Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1714.31 Cr6.8%
DSP Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹581.16 Cr26.3%
DSP Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹652.71 Cr68.3%
DSP Healthcare Fund Direct Growth

Very High Risk

0.7%0.0%₹2479.25 Cr48.4%
DSP Global Allocation Fund Direct Growth

Very High Risk

1.4%0.0%₹65.81 Cr16.0%
DSP Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4466.83 Cr7.4%
DSP Value Fund Direct Growth

Very High Risk

0.9%1.0%₹842.57 Cr38.9%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹2253.36 Cr7.5%
DSP Bond Fund Direct Growth

Moderately High risk

0.4%0.0%₹380.43 Cr7.4%
DSP Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹11391.49 Cr41.2%
DSP Government Securities Direct Growth

Moderate Risk

0.5%0.0%₹1012.28 Cr9.5%
DSP Equity & Bond Fund Direct Growth

Very High Risk

0.7%1.0%₹9698.66 Cr31.9%
DSP Focus Fund Direct Growth

Very High Risk

1.0%1.0%₹2515.58 Cr46.0%
DSP Credit Risk Fund Direct Growth

Moderately High risk

0.4%1.0%₹193.16 Cr16.3%
DSP India TIGER Fund Direct Growth

Very High Risk

1.1%1.0%₹4896.20 Cr81.5%
DSP Liquidity Fund Direct Growth

Moderate Risk

0.1%0.0%₹12569.99 Cr7.4%
DSP Regular Saving Fund Direct Growth

Moderately High risk

0.5%0.0%₹172.93 Cr15.0%
DSP Small Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹15244.30 Cr45.7%
DSP Ultra Short Fund Direct Growth

Moderate Risk

0.3%0.0%₹2676.36 Cr7.7%
DSP Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹2809.47 Cr7.3%
DSP Midcap Fund Direct Growth

Very High Risk

0.8%1.0%₹19137.27 Cr54.5%
DSP Natural Resource & New Energy Fund Direct Growth

Very High Risk

1.0%0.0%₹1213.71 Cr56.0%
DSP Equity Opportunities Fund Direct Growth

Very High Risk

0.8%1.0%₹13093.46 Cr53.5%
DSP Strategic Bond Fund Direct Growth

Moderate Risk

0.5%0.0%₹965.56 Cr9.3%
DSP Savings Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4772.67 Cr7.5%
DSP Tax Saver Fund Direct Growth

Very High Risk

0.8%0.0%₹16283.78 Cr50.1%
DSP World Agriculture Direct Growth

Very High Risk

1.7%0.0%₹14.04 Cr-6.1%
DSP Top 100 Equity Fund Direct Growth

Very High Risk

1.2%1.0%₹4010.19 Cr39.3%
DSP US Flexible Equity Fund Direct Growth

Very High Risk

1.5%0.0%₹908.63 Cr22.8%
DSP World Energy Direct Growth

Very High Risk

1.5%0.0%₹134.85 Cr0.9%
DSP World Gold Fund of Fund Direct Growth

Very High Risk

1.7%0.0%₹907.21 Cr23.7%
DSP World Mining Direct Growth

Very High Risk

1.5%0.0%₹159.82 Cr6.1%
DSP Equity Savings Fund Direct Growth

Moderately High risk

0.5%0.0%₹1346.92 Cr16.7%
DSP Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹4965.51 Cr8.3%
DSP Corporate Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹2642.70 Cr7.2%
DSP 10Y G-Sec Fund Direct Growth

Moderate Risk

0.3%0.0%₹52.79 Cr7.4%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹91.92 Cr7.6%

Risk Level

Your principal amount will be at Moderate Risk

Moderate Risk
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The NAV of DSP Ultra Short Fund Direct Growth, as of 11-Jul-2024, is ₹3437.23.
The fund has generated 7.66% over the last 1 year and 6.04% 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, 29.76% in bonds, and 69.99% in cash and cash equivalents.
The fund managers responsible for DSP Ultra Short Fund Direct Growth are:-
  1. Kedar Karnik
  2. Karan Mundhra