DSP Savings Fund Direct Plan Growth
Debt
Direct
Money Market
NAV: ₹ 49.94 as on 16-05-2024
About the Fund
DSP Savings 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 Savings Fund Direct Plan Growth has ₹4468 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Fund Performance
28 people have invested ₹ 6.6L in DSP Savings Fund Direct Plan Growth in the last three months
Overview
 | 0.15% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹4468 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
Corporate
53.3%
Cash Equivalent
33.9%
Government
12.8%
Top Holdings of DSP Savings Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings33
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 6.32% | 0% | |
Union Bank of India | 5.26% | 0% | |
Small Industries Development Bank Of India | 4.23% | 100% | |
IDFC First Bank Ltd. | 4.21% | 0% | |
Bajaj Housing Finance Ltd. | 4.21% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.5K Cr as of Apr'24
- AUM increased by 768.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (money market). Its expense ratio is 0.15% which is lower than the category average expense ratio of 0.33%.
In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 6.1% return, outperforming this fund by 0.46% per annum.
Over the last 3 months, this fund has decreased expense ratio by 40.0% moving from 0.25 to 0.15.
In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.86% return, outperforming this fund by 0.32%.
In the last 5 years, Tata Money Market Fund Direct Plan Growth has given 6.27% return, outperforming this fund by 0.38% per annum.
Peer Analysis
Fund Manager
Karan Mundhra
Fund Manager of DSP Savings Fund Direct Plan Growth, since 31 May 2021
Top funds managed
Kedar Karnik
Fund Manager of DSP Savings Fund Direct Plan Growth, since 17 July 2016
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 6.98% since inception which is more than its category average return of 4.96%
AUM size ₹4468 Cr
This fund has AUM of ₹4468 Cr which is less than its category average of ₹ 6863 Cr
Expense Ratio 0.15%
This fund has an expense ratio of 0.15% which is less than its category average expense ratio of 0.33%
Frequently Asked Questions
The current NAV of DSP Savings Fund Direct Plan Growth is ₹49.94 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
DSP Savings Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 3.83% | 3.83% |
1 Year Returns | 7.54% | 7.54% |
3 Years Returns | 17.91% | 5.65% |
5 Years Returns | 33.18% | 5.9% |
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.
0.15% as on April 2024
₹4468 Cr as on April 2024
National Bank For Agriculture And Rural Development(6.32%), Union Bank of India(5.26%), Small Industries Development Bank Of India(4.23%), Punjab National Bank(4.21%), LIC Housing Finance Ltd.(4.21%) as on April 2024
Corporate(53.32%), Cash Equivalent(33.89%), Government(12.79%) as on April 2024
Yield to Maturity is 7.66 as on April 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 0.82 as on April 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 Savings Fund Direct Plan Growth
The Exit load of DSP Savings Fund Direct Plan Growth is 0%