DSP Ultra Short Fund Direct Plan Growth
Debt
Direct
Ultra Short Duration
NAV: ₹ 3383.81 as on 23-04-2024
Fund Performance
70 people have invested ₹ 25.3L in DSP Ultra Short Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 1 month, this fund has increased expense ratio by 3.3% moving from 0.30 to 0.31.
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.31% which is lower than the category average expense ratio of 0.56%.
In the last 1 year, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.79% return, outperforming this fund by 0.11%.
Over the last 1 month, this fund has experienced a 14.2% drop in AUM moving from 2.77K Cr to 2.37K Cr.
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.54% return, outperforming this fund by 1.79% per annum.
In the last 5 years, ICICI Prudential Ultra Short Term Fund Direct Plan Growth has given 6.61% return, outperforming this fund by 0.75% per annum.
About the DSP Ultra Short Fund Direct Plan Growth
DSP Ultra Short Fund Direct Plan 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
- DSP Ultra Short Fund Direct Plan Growth has ₹2377 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 Ultra Short Fund Direct Plan Growth Overview
 | 0.31% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹2377 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 241.14% |
DSP Ultra Short Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Corporate
57.4%
Cash Equivalent
26.5%
Government
16%
Top Holdings of DSP Ultra Short Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings46
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Limited | 4.08% | 0% | |
HDFC Bank Limited | 4.08% | 0% | |
HDFC Bank Limited | 4.01% | 100% | |
7.35% Govt Stock 2024 | 3.36% | 0% | |
182 DTB 25072024 | 3.1% | 0% |
See all
DSP Ultra Short Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.2K Cr as of Mar'24
- AUM decreased by 543.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
DSP Ultra Short Fund Direct Plan Growth Fund Manager
Karan Mundhra
Fund Manager of DSP Ultra Short Fund Direct Plan Growth, since 31 May 2021
Top funds managed
Kedar Karnik
Fund Manager of DSP Ultra Short Fund Direct Plan Growth, since 17 July 2016
Top funds managed
DSP Ultra Short Fund Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.09% since inception which is less than its category average return of 7.19%
AUM size ₹2377 Cr
This fund has AUM of ₹2377 Cr which is less than its category average of ₹ 2935 Cr
Expense Ratio 0.31%
This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.64%
Frequently Asked Questions
The current NAV of DSP Ultra Short Fund Direct Plan Growth is ₹3383.81 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
DSP Ultra Short Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 3.82% | 3.82% |
1 Year Returns | 7.68% | 7.68% |
3 Years Returns | 18.27% | 5.75% |
5 Years Returns | 32.92% | 5.86% |
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.
0.31% as on March 2024
₹2377 Cr as on March 2024
HDFC Bank Limited(4.08%), ICICI Bank Limited(4.08%), HDFC Bank Limited(4.01%), 7.35% Govt Stock 2024(3.36%), 182 DTB 25072024(3.1%) as on March 2024
Corporate(62.41%), Cash Equivalent(26.78%), Government(10.81%) as on March 2024
Yield to Maturity is 7.63 as on March 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 0.45 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Karan Mundhra, Kedar Karnik are the fund managers of DSP Ultra Short Fund Direct Plan Growth
The Exit load of DSP Ultra Short Fund Direct Plan Growth is 0%