DSP Liquidity Fund Direct Growth

DSP Liquidity Fund Direct Growth

Debt

Direct

Liquid

NAV as on 01-12-2024

₹ 3620.61

Inception Returns

6.9%

/yr

About DSP Liquidity Fund Direct Growth

DSP Liquidity Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Karan Mundhra, Kedar Karnik. This fund is suitable to keep your money safe.

Key Parameters

  1. DSP Liquidity Fund Direct Growth has ₹23614 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

DSP Liquidity Fund Direct Growth has given a CAGR return of 6.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.51%, 6.38% and 5.37% respectively.

Holdings

DSP Liquidity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Communication, Health, Corporate. Its top holdings are Bank Of Baroda, Small Industries Development Bank Of India, Canara Bank, Reliance Jio Infocomm Limited, Bank Of Baroda

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of DSP Liquidity Fund Direct Growth

An Open Ended Income (Liquid) Scheme, seeking to generate a reasonable return commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities. 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 Liquidity Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
782 people have invested ₹ 5.2Cr in DSP Liquidity Fund Direct Growth in the last three months

DSP Liquidity Fund Direct Growth Overview

Expense ratio0.1%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹23614 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
556.9%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (01-Dec-24)

Period
DSP Liquidity Fund Direct Growth
Liquid Index
1M
0.6%
0.4%
3M
1.8%
1.3%
6M
3.6%
3%
1Y
7.5%
6.6%
3Y
6.4%
5.8%
5Y
5.4%
4.7%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.9%

AAA
99.4%

AA
0.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 20K Cr
₹ 15.2K Cr
₹ 18.7K Cr
  • AUM of the fund stands at 20K Cr as of Oct'24
  • AUM increased by 4.8K Cr between Oct'24 and Sep'24
Cash allocation has gone up from 99.8% to 99.9%
Cash allocation has gone up from 99.8% to 99.9%

Top 3 Sectors in October were Communication, Health & Corporate

Oct'24
Communication
58%
Health
42%
Sep'24
Communication
58%
Health
42%
Corporate
35%
  • Debt & Cash

Holdings
Weight%
1M Change
Bank Of Baroda
Bank Of Baroda
3.14%
100%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
2.74%
0%
Canara Bank
Canara Bank
2.49%
0%
Reliance Jio Infocomm Limited
Reliance Jio Infocomm Limited
2.32%
100%
Bank Of Baroda
Bank Of Baroda
2.09%
0%
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Karan Mundhra
Karan Mundhra
Fund Manager of DSP Liquidity Fund Direct Growth, since 31 May 2021
Kedar Karnik
Kedar Karnik
Fund Manager of DSP Liquidity Fund Direct Growth, since 17 July 2016
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com

Mutual Fund Insights

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In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.39% per annum.
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In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.56% return, outperforming this fund by 0.05%.
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In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.44% return, outperforming this fund by 0.05% per annum.
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Over the last 6 months, this fund has experienced a 123.1% growth in AUM moving from 10.58K Cr to 23.61K Cr.
Insights icon
Over the last 6 months, this fund has decreased expense ratio by 33.3% moving from 0.15 to 0.10.
Insights icon
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.1% which is lower than the category average expense ratio of 0.26%.

DSP Liquidity Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.85% since inception which is more than its category average return of 4.98%
AUM size ₹23614 Cr

AUM size ₹23614 Cr

This fund has AUM of ₹23614 Cr which is more than its category average of ₹ 14219 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.23%

Frequently Asked Questions for DSP Liquidity Fund Direct Growth

The current NAV of DSP Liquidity Fund Direct Growth is ₹3620.61 as on 01-Dec-2024.
Existing (Absolute + CAGR) as on 01-Dec-2024.
DSP Liquidity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.57%
0.57%
6 Month Returns
3.61%
3.61%
1 Year Returns
7.51%
7.51%
3 Years Returns
20.4%
6.38%
5 Years Returns
29.89%
5.37%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.1% as on November 2024
₹23614 Cr as on November 2024
Bank Of Baroda(3.14%), Small Industries Development Bank Of India(2.74%), Canara Bank(2.49%), Reliance Jio Infocomm Limited(2.32%), Bank Of Baroda(2.09%) as on November 2024
Yield to Maturity is 7.12 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.11 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
99.4
AA
0.6
Karan Mundhra, Kedar Karnik are the fund managers of DSP Liquidity Fund Direct Growth
The Exit load of DSP Liquidity Fund Direct Growth is 0.01%