DSP Short Term Fund Direct Growth
Debt
Direct
Short Duration
NAV as on 19-11-2024
₹ 47.95
Inception Returns
7.8%
/yr
About DSP Short Term Fund Direct Growth
DSP Short Term Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Laukik Bagwe. This fund is suitable to keep your money safe.
Key Parameters
- DSP Short Term Fund Direct Growth has ₹2829 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.
Returns
DSP Short Term Fund Direct Growth has given a CAGR return of 7.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.40%, 6.21% and 6.45% respectively.
Holdings
DSP Short Term Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, Small Industries Development Bank of India, INDIA UNIVERSAL TRUST AL1, National Bank For Agriculture And Rural Development, 6.79% Govt Stock 2034
Taxation
As it is a short duration 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 Short Term Fund Direct Growth
An Open ended income Scheme, seeking to generate returns commensurate with risk from a portfolio constituted of money market securities and/or 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 Short Term Fund Direct Growth has no lock in period.
Historical NAV & Returns
DSP Short Term Fund Direct Growth Overview
| Expense ratio | 0.34% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹2829 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 440.04% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 2.8K Cr as of Oct'24
- AUM increased by 4.2 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Corporate & Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2034 | 7.28% | 119% | |
Small Industries Development Bank of India | 6.2% | 100% | |
INDIA UNIVERSAL TRUST AL1 | 5.48% | 0% | |
National Bank For Agriculture And Rural Development | 5.32% | 0% | |
6.79% Govt Stock 2034 | 4.28% | 0% |
Mutual Fund Insights
DSP Short Term Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹2829 Cr
Expense Ratio 0.34%
Frequently Asked Questions for DSP Short Term Fund Direct Growth
DSP Short Term Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 4.45% | 4.45% |
1 Year Returns | 8.4% | 8.4% |
3 Years Returns | 19.82% | 6.21% |
5 Years Returns | 36.67% | 6.45% |
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- 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.
AAA | 88.59 |
AA | 11.41 |