DSP Savings Fund Direct Plan Growth
Debt
Direct
Money Market
NAV: ₹ 48.2 as on 28-11-2023
Fund Performance
22 people have invested ₹ 1.7L in DSP Savings Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 19.4% drop in AUM moving from 5.63K Cr to 4.54K Cr.
This fund has one of the lowest expense ratio in the category (money market). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.33%.
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.66% return, outperforming this fund by 0.23%.
In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.4% return, outperforming this fund by 0.45% per annum.
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 5.47% return, outperforming this fund by 0.45% per annum.
Over the last 1 year, this fund has decreased expense ratio by 3.8% moving from 0.26 to 0.25.
About the DSP Savings Fund Direct Plan Growth
DSP Savings Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kedar Karnik, Karan Mundhra. This fund is suitable to keep your money safe.
Key Parameters
- DSP Savings Fund Direct Plan Growth has ₹4542 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
DSP Savings Fund Direct Plan Growth Overview
 | 0.25% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹4542 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 173.29% |
DSP Savings Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
41.2%
Corporate
38.3%
Cash Equivalent
20.4%
Top Holdings of DSP Savings Fund Direct Plan Growth as on (31-Oct-23)
Debt Holdings40
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 364 DTB 07032024 | 9.38% | 0% | |
Small Industries Development Bank Of India | 8.6% | -13.3% | |
National Bank For Agriculture And Rural Development | 5.92% | 0% | |
Canara Bank | 4.88% | -10% | |
HDFC Bank Limited | 4.84% | 0% |
See all
DSP Savings Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.2K Cr as of Oct'23
- AUM decreased by 250.8 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Peer Analysis
DSP Savings Fund Direct Plan Growth Fund Manager
Kedar Karnik
Fund Manager of DSP Savings Fund Direct Plan Growth, since 17 July 2016
Top funds managed
Karan Mundhra
Fund Manager of DSP Savings Fund Direct Plan Growth, since 31 May 2021
Top funds managed
DSP Savings Fund Direct Plan Growth Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.94% since inception which is more than its category average return of 4.89%
AUM size ₹4542 Cr
This fund has AUM of ₹4542 Cr which is less than its category average of ₹ 5808 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.34%
Frequently Asked Questions
The current NAV of DSP Savings Fund Direct Plan Growth is ₹48.21 as on 28-Nov-2023.
Existing (Absolute + CAGR) as on 28-Nov-2023.
DSP Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.6% | 0.6% |
6 Month Returns | 3.46% | 3.46% |
1 Year Returns | 7.43% | 7.43% |
3 Years Returns | 15.84% | 5.02% |
5 Years Returns | 33.49% | 5.95% |
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.
0.25% as on October 2023
₹4542 Cr as on October 2023
364 DTB 07032024(9.38%), Small Industries Development Bank Of India(8.6%), National Bank For Agriculture And Rural Development(5.92%), Canara Bank(4.88%), HDFC Bank Limited(4.84%) as on October 2023
Government(39.98%), Corporate(38.3%), Cash Equivalent(21.72%) as on October 2023
Yield to Maturity is 7.46 as on October 2023. 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 0.32 as on October 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Kedar Karnik, Karan Mundhra are the fund managers of DSP Savings Fund Direct Plan Growth
The Exit load of DSP Savings Fund Direct Plan Growth is 0%