DSP Ultra Short Fund Regular Growth
DebtUltra Short DurationModerate Risk
Regular
NAV (25-Jul-24)
₹3191.500.02%1D
Returns (Since Inception)
6.67%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,774 Cr
Expense Ratio
1.02%
ISIN
INF740K01QQ3
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
31 Jul 2006
About this fund
DSP Ultra Short Fund Regular Growth is a Ultra Short Duration mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 17 years, 11 months and 26 days, having been launched on 31-Jul-06.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹3191.50, Assets Under Management (AUM) of 2773.69 Crores, and an expense ratio of 1.02%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹3191.50, Assets Under Management (AUM) of 2773.69 Crores, and an expense ratio of 1.02%.
- DSP Ultra Short Fund Regular Growth has given a CAGR return of 6.67% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 28.07% in debts, and 71.68% in cash & cash equivalents.
- You can start investing in DSP Ultra Short Fund Regular 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
+6.89%
+6.09% (Cat Avg.)
3 Years
+5.32%
+5.26% (Cat Avg.)
5 Years
+5.04%
+4.96% (Cat Avg.)
10 Years
+5.98%
+5.52% (Cat Avg.)
Since Inception
+6.67%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Debt | ₹778.49 Cr | 28.07% |
| Others | ₹1,995.19 Cr | 71.93% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹134.39 Cr | 5.02% |
| 364 DTB 05122024 | Bond - Gov't/Treasury | ₹121.39 Cr | 4.54% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹96.88 Cr | 3.62% |
| 182 DTB 25072024 | Bond - Gov't/Treasury | ₹74.68 Cr | 2.79% |
| Bank of Baroda | Bond - Corporate Bond | ₹71.5 Cr | 2.67% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹71.35 Cr | 2.67% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹70.67 Cr | 2.64% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹50.67 Cr | 1.89% |
| 182 DTB 18072024 | Bond - Gov't/Treasury | ₹49.85 Cr | 1.86% |
| Nuvama Wealth Finance Limited | Cash - Commercial Paper | ₹49.81 Cr | 1.86% |
| Aditya Birla Money | Cash - Commercial Paper | ₹49.69 Cr | 1.86% |
| Rbl Bank Limited | Cash - CD/Time Deposit | ₹49.35 Cr | 1.84% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.27 Cr | 1.84% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹49.27 Cr | 1.84% |
| Equitas Small Finance Bank Limited | Cash - CD/Time Deposit | ₹49.26 Cr | 1.84% |
| Hsbc Investdirect Financial Services (I)Ltd | Cash - Commercial Paper | ₹49.22 Cr | 1.84% |
| 182 DTB 14112024 | Bond - Gov't/Treasury | ₹48.75 Cr | 1.82% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.51 Cr | 1.81% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹48.5 Cr | 1.81% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹48.45 Cr | 1.81% |
| Tata Projects Limited | Bond - Corporate Bond | ₹48.42 Cr | 1.81% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.38 Cr | 1.81% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.09 Cr | 1.80% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹47.9 Cr | 1.79% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹47.81 Cr | 1.79% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹47.72 Cr | 1.78% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹47.7 Cr | 1.78% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹47.68 Cr | 1.78% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹47.64 Cr | 1.78% |
| IDFC First Bank Ltd. | Bond - Corporate Bond | ₹47.63 Cr | 1.78% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹47.63 Cr | 1.78% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹47.55 Cr | 1.78% |
| Hero Fincorp Limited | Bond - Corporate Bond | ₹47.34 Cr | 1.77% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹46.68 Cr | 1.74% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹46.51 Cr | 1.74% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹39.47 Cr | 1.47% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹34.47 Cr | 1.29% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹32.08 Cr | 1.20% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹26.82 Cr | 1.00% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.55 Cr | 0.99% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹26.54 Cr | 0.99% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹26 Cr | 0.97% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.78 Cr | 0.96% |
| Rec Limited | Bond - Corporate Bond | ₹25.47 Cr | 0.95% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.34 Cr | 0.95% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹25.32 Cr | 0.95% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹25.08 Cr | 0.94% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.02 Cr | 0.93% |
| Nuvama Wealth Management Limited | Cash - Commercial Paper | ₹24.84 Cr | 0.93% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹24.76 Cr | 0.93% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹24.67 Cr | 0.92% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.26 Cr | 0.91% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.02 Cr | 0.90% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.02 Cr | 0.90% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.93 Cr | 0.89% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.76 Cr | 0.89% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹23.74 Cr | 0.89% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹23.48 Cr | 0.88% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹23.32 Cr | 0.87% |
| 182 DTB 11072024 | Bond - Gov't/Treasury | ₹19.96 Cr | 0.75% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹15.63 Cr | 0.58% |
| The Tata Power Company Limited | Bond - Corporate Bond | ₹10.35 Cr | 0.39% |
| SBI Funds Management Pvt Ltd/Fund Parent | Mutual Fund - Open End | ₹6.63 Cr | 0.25% |
| Net Receivables/Payables | Cash | ₹-1.07 Cr | 0.04% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹1,123.34 Cr | 41.97% |
| Bond - Corporate Bond | ₹652.97 Cr | 24.40% |
| Cash - Commercial Paper | ₹397.58 Cr | 14.86% |
| Bond - Gov't/Treasury | ₹314.63 Cr | 11.76% |
| Cash - Repurchase Agreement | ₹134.39 Cr | 5.02% |
| Bond - Gov't Agency Debt | ₹47.9 Cr | 1.79% |
| Mutual Fund - Open End | ₹6.63 Cr | 0.25% |
| Cash | ₹-1.07 Cr | 0.04% |
Risk & Performance Ratios
Standard Deviation
This fund
0.55%
Cat. avg.
0.74%
Lower the better
Sharpe Ratio
This fund
-1.73
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
Since May 2021
Additional Scheme Detailsas of 30th June 2024
ISIN | INF740K01QQ3 | Expense Ratio | 1.02% | Exit Load | No Charges | Fund Size | ₹2,774 Cr | Age | 31 Jul 2006 | 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
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹243.56 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹568.43 Cr | 6.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1535.17 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1535.17 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹161.02 Cr | 7.2% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹161.02 Cr | 6.5% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2239.53 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7168.59 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹239.90 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹239.90 Cr | 7.6% |
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 Moderate Risk
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We're here to help.
What is the current NAV of DSP Ultra Short Fund Regular Growth?
The NAV of DSP Ultra Short Fund Regular Growth, as of 25-Jul-2024, is ₹3191.50.
What are the returns of DSP Ultra Short Fund Regular Growth?
The fund has generated 6.89% over the last 1 year and 5.32% 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 Regular Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 28.07% in bonds, and 71.68% in cash and cash equivalents.
Who manages the DSP Ultra Short Fund Regular Growth?
The fund managers responsible for DSP Ultra Short Fund Regular 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.
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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.