DSP Savings Fund Direct Growth

DSP Savings Fund Direct Growth

NAV as on 31-03-2025

₹ 53.25

0.1%

1D

Inception Returns

7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
36 people have invested ₹ 24.6L in DSP Savings Fund Direct Growth in the last three months

About DSP Savings Fund Direct Growth

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

Key Parameters

  1. DSP Savings Fund Direct Growth has ₹3673 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

DSP Savings Fund Direct Growth has given a CAGR return of 7.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.61%, 6.76% and 5.96% respectively.

Holdings

DSP Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are Axis Bank Limited, Small Industries Development Bank Of India, Punjab National Bank, Bharti Telecom Limited, 182 Days Tbill

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 Savings Fund Direct Growth

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 Savings Fund Direct Growth has no lock in period.

DSP Savings Fund Direct Growth Overview

Expense ratio0.25%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹3673 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
203.55%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (31-Mar-25)

Period
DSP Savings Fund Direct Growth
Money Market Index
1M
0.8%
0.6%
3M
1.9%
1.6%
6M
3.7%
3.1%
1Y
7.6%
6.7%
3Y
6.8%
6.4%
5Y
6%
5.6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Cash Equivalent
48.4%
Corporate
40.3%
Government
11.3%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 3.8K Cr
₹ 4K Cr
₹ 4K Cr
  • AUM of the fund stands at 3.8K Cr as of Feb'25
  • AUM decreased by 186.1 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Federal Bank Ltd.'s allocation increased from 2.21% to 2.33%
Federal Bank Ltd.'s allocation increased from 2.21% to 2.33%
HDFC Bank Ltd.'s allocation increased from 1.12% to 1.18%
HDFC Bank Ltd.'s allocation increased from 1.12% to 1.18%
ICICI Bank Ltd.'s allocation increased from 0.55% to 0.59%
ICICI Bank Ltd.'s allocation increased from 0.55% to 0.59%
Cash allocation has gone down from 97% to 89%
Cash allocation has gone down from 97% to 89%
Debt allocation has gone up from 2.7% to 10.7%
Debt allocation has gone up from 2.7% to 10.7%

Top 2 Sectors in February were Corporate, Government

Feb'25
Corporate
40%
Government
11%
Jan'25
Corporate
42%
Government
6%
  • Debt & Cash

Holdings
Weight%
1M Change
Axis Bank Limited
Axis Bank Limited
8.48%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
7.83%
-25%
Punjab National Bank
Punjab National Bank
5.8%
0%
Bharti Telecom Limited
Bharti Telecom Limited
5.32%
0%
182 Days Tbill
182 Days Tbill
5.31%
0%
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Karan Mundhra
Karan Mundhra
Fund Manager of DSP Savings Fund Direct Growth, since 31 May 2021
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

Insights icon
Over the last 6 months, this fund has experienced a 17.1% drop in AUM moving from 4.43K Cr to 3.67K Cr.
Insights icon
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.99% return, outperforming this fund by 0.38%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (money market). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.31%.
Insights icon
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 7.23% return, outperforming this fund by 0.47% per annum.
Insights icon
In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.35% return, outperforming this fund by 0.39% per annum.

DSP Savings Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.02% since inception which is more than its category average return of 5.5%
AUM size ₹3673 Cr

AUM size ₹3673 Cr

This fund has AUM of ₹3673 Cr which is less than its category average of ₹ 10722 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.33%

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5Y CAGR

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DSP CRISIL SDL Plus G-Sec Apr 2033 50:50 Index Fund Direct Growth

DSP CRISIL SDL Plus G-Sec Apr 2033 50:50 Index Fund Direct Growth

1Y CAGR

▲ 10.09

DSP Gilt Fund Direct Plan Growth

DSP Gilt Fund Direct Plan Growth

5Y CAGR

▲ 7.40

DSP Strategic Bond Fund Direct Plan Growth

DSP Strategic Bond Fund Direct Plan Growth

5Y CAGR

▲ 7.18

DSP 10Y G-Sec Fund Direct Growth

DSP 10Y G-Sec Fund Direct Growth

5Y CAGR

▲ 5.75

Frequently Asked Questions for DSP Savings Fund Direct Growth

The current NAV of DSP Savings Fund Direct Growth is ₹53.25 as on 31-Mar-2025.
Existing (Absolute + CAGR) as on 31-Mar-2025.
DSP Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.8%
0.8%
6 Month Returns
3.74%
3.74%
1 Year Returns
7.61%
7.61%
3 Years Returns
21.67%
6.76%
5 Years Returns
33.58%
5.96%
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 March 2025
₹3673 Cr as on March 2025
Axis Bank Limited(8.48%), Small Industries Development Bank Of India(7.83%), Punjab National Bank(5.8%), Bharti Telecom Limited(5.32%), 182 Days Tbill(5.31%) as on March 2025
Cash Equivalent(47.09%), Corporate(42.43%), Government(10.48%) as on March 2025
Yield to Maturity is 7.56 as on March 2025. 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 0.54 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Karan Mundhra is the fund manager of DSP Savings Fund Direct Growth
The Exit load of DSP Savings Fund Direct Growth is 0%