DSP Money Market Fund Direct Plan Growth

DSP Money Market Fund Direct Plan Growth

Debt

DSP Mutual Fund

Money Market

Get the latest NAV of DSP Money Market Fund Direct Plan Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹58.47

▲0.1%1D

NAV as on 28 Aug 2026

7.01%/per year

Since Inception

Absolute Gain%

▲▼

51 people have invested ₹ 13.1L in DSP Money Market Fund in the last three months

DSP Money Market Fund Performance vs. Money Market Index

Fund returns vs Benchmark returns vs Category Average returns as on (28-Aug-26)

The fund has consistently outperformed the benchmark (Money Market Index) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.61%
2.3%
3.44%
6.56%
7.27%
6.42%
Money Market Index
0.54%
1.97%
2.88%
5.56%
5.99%
5.47%
Money Market Avg
0.49%
2.04%
3.01%
5.91%
6.88%
6.19%
Best in Money Market
0.66%
2.31%
3.61%
6.69%
7.54%
6.8%
Worst in Money Market
0.58%
1.95%
3%
6.3%
6.8%
6.41%
Category Rank
20/21
14/18
13/18
15/18
11/13
--

DSP Money Market Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

20
/22
36% Performance
22% Risk Management
44% Cost

Ranked 20 out of 22 mutual funds in the money market category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
DSP Money Market Fund
20/22
8,704Cr
0.18%
6.56%
7.27%
0.01
1.58
1.34
3.35
1.22
Franklin India Money Market Fund
1/22
4,205Cr
0.14%
6.49%
7.42%
0.21
1.49
1.67
4.73
1.92
Tata Money Market Fund
2/22
34,138Cr
0.18%
6.61%
7.56%
0.35
1.47
1.99
6.11
2.93
LIC MF Money Market Fund
3/22
4,332Cr
0.16%
6.62%
6.82%
-0.31
1.40
0.64
1.62
-0.48
See all

DSP Money Market Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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DSP Money Market Fund Asset Allocation

See fund asset allocation details as on (15-Aug-26)

Fund Distribution

as on (15-Aug-26)

AAA
100%
Cash allocation has gone down from 81.4% to 76.5%
Cash allocation has gone down from 81.4% to 76.5%
Debt allocation has gone up from 18.2% to 23.3%
Debt allocation has gone up from 18.2% to 23.3%

DSP Money Market Fund Sector Allocation

See fund sector allocation details as on (15-Aug-26)

Sector Allocation

Corporate
48.7%
Cash Equivalent
42.8%
Government
8.6%

Top 2 Sectors in July were Corporate, Government

Jul'26

Corporate

50%

Government

24%

Jun'26

Corporate

52%

Government

23%

DSP Money Market Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.18%
Benchmark
CRISIL Money Market A-I TR INR
AUM₹8704 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
207.4%
Risk
Risk meter
pointer
Moderate Risk

About DSP Money Market Fund

DSP Money Market Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Karan Mundhra, Shalini Vasanta. This fund is suitable to keep your money safe.

Key Parameters

  1. DSP Money Market Fund has ₹8704 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

DSP Money Market Fund has given a CAGR return of 7.01% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.56%, 7.27% and 6.42% respectively.

Holdings

DSP Money Market Fund has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Days T-Bill, Small Industries Development Bank Of India, Punjab National Bank, Panatone Finvest Limited, Bank Of Baroda

Taxation

As it is a money market mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of DSP Money Market Fund

The primary investment objective of the Scheme is to generate income through investment in a portfolio comprising of money market instruments with maturity less than or equal to 1 year. There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Money Market Fund has no lock in period.

Fund Manager

Karan Mundhra

Fund Manager of DSP Money Market Fund, since 31 May 2021

Shalini Vasanta

Fund Manager of DSP Money Market Fund, since 1 August 2024

Learn more about DSP Mutual Fund
Parameters
Jul'26
Jun'26
May'26
AUM
₹ 8.7K Cr
₹ 7.2K Cr
₹ 9.5K Cr
  • AUM of the fund stands at 8.7K Cr as of Jul'26
  • AUM increased by 1.5K Cr between Jul'26 and Jun'26

Frequently Asked Questions for DSP Money Market Fund Direct Plan Growth

How do I invest in DSP Money Market Fund?

INDmoney makes it simple to invest in the DSP Money Market Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘DSP Money Market Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of DSP Money Market Fund?

The NAV of the fund today is ₹58.47. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

DSP Money Market Fund fund has generated a return of 6.56% in 1 year, 7.27% in 3 years, 6.42% in 5 years.

Who is the fund manager of DSP Money Market Fund?

The fund managers are Karan Mundhra, Shalini Vasanta.

What is the expense ratio of the fund?

The expense ratio is 0.18%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹8704 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of DSP Money Market Fund?

The top 3 holdings of the fund are Days T-Bill(3.01%), Small Industries Development Bank Of India(2.92%), Punjab National Bank(2.42%)