DSP Short Term Fund Direct Growth

DSP Short Term Fund Direct Growth

NAV as on 03-04-2025

₹ 49.64

0.3%

1D

Inception Returns

7.9%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
361 people have invested ₹ 15.8L in DSP Short Term Fund Direct Growth in the last three months

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 Karan Mundhra. This fund is suitable to keep your money safe.

Key Parameters

  1. DSP Short Term Fund Direct Growth has ₹2792 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 Short Term Fund Direct Growth has given a CAGR return of 7.89% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.91%, 6.95% and 6.66% respectively.

Holdings

DSP Short Term Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent. Its top holdings are 6.79% Government Of India (07/10/2034), INDIA UNIVERSAL TRUST AL1, Titan Company Limited, Rec Limited 7.34%, National Bank For Agriculture And Rural Development

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:
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 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.

DSP Short Term Fund Direct Growth Overview

Expense ratio0.34%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹2792 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
440.04%
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
Low to Moderate Risk

Trailing Returns

as on (03-Apr-25)

Period
DSP Short Term Fund Direct Growth
Short Duration Index
1M
1.5%
1%
3M
2.6%
2%
6M
4.3%
3.5%
1Y
8.9%
7.9%
3Y
7%
6.4%
5Y
6.7%
6.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
91.9%

AA
8.1%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
62.7%
Government
32.8%
Cash Equivalent
4.5%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 2.8K Cr
₹ 2.8K Cr
₹ 2.8K Cr
  • AUM of the fund stands at 2.8K Cr as of Feb'25
  • AUM increased by 14.7 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Muthoot Finance Limited's allocation increased from 1.68% to 3.24%
Muthoot Finance Limited's allocation increased from 1.68% to 3.24%
Cholamandalam Investment And Fin. Co. Ltd's allocation increased from 0.51% to 1.34%
Cholamandalam Investment And Fin. Co. Ltd's allocation increased from 0.51% to 1.34%
Power Finance Corporation Limited's allocation increased from 1.12% to 1.84%
Power Finance Corporation Limited's allocation increased from 1.12% to 1.84%
Top Stocks sold last month
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 3.87 %
National Bank For Agriculture And Rural Development's allocation decreased from 5.26 % to 3.87 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 3.72 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 3.72 %
Rec Limited's allocation decreased from 5.26 % to 2.79 %
Rec Limited's allocation decreased from 5.26 % to 2.79 %
Cash allocation has gone down from 8.3% to 7.1%
Cash allocation has gone down from 8.3% to 7.1%
Debt allocation has gone up from 91.4% to 92.6%
Debt allocation has gone up from 91.4% to 92.6%

Top 3 Sectors in February were Financial Services, Corporate & Government

Feb'25
Financial Services
100%
Corporate
63%
Government
33%
Jan'25
Financial Services
100%
Corporate
59%
Government
35%
  • Debt & Cash

Holdings
Weight%
1M Change
6.79% Government Of India (07/10/2034)
6.79% Government Of India (07/10/2034)
10.77%
-3.3%
INDIA UNIVERSAL TRUST AL1
INDIA UNIVERSAL TRUST AL1
5.45%
0%
Titan Company Limited
Titan Company Limited
3.68%
0%
Rec Limited 7.34%
Rec Limited 7.34%
3.66%
100%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.6%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
DSP Short Term Fund Direct Growth
DSP Short Term Fund Direct Growth
8.91%
6.95%
6.66%
7.89%
Bank of India Short Term Income Fund Direct Plan Growth
Bank of India Short Term Income Fund Direct Plan Growth
10.33%
9.56%
8.48%
6.94%
Mahindra Manulife Short Duration Fund Direct Growth
Mahindra Manulife Short Duration Fund Direct Growth
9.24%
7.22%
-
6.64%
Kotak Bond Short Term Plan Direct Growth
Kotak Bond Short Term Plan Direct Growth
9.19%
7.17%
7%
8.11%
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Karan Mundhra
Karan Mundhra
Fund Manager of DSP Short Term Fund Direct Growth, since 1 August 2024
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
DSP Arbitrage Fund Direct Growth
7.24%
6.42%
DSP Savings Fund Direct Plan Growth
6.8%
6.46%
DSP Liquidity Fund Direct Plan Growth
6.83%
6.37%
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 1 year, this fund has increased expense ratio by 13.3% moving from 0.30 to 0.34.
Insights icon
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.34% which is lower than the category average expense ratio of 0.7%.
Insights icon
In the last 5 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 8.16% return, outperforming this fund by 1.51% per annum.
Insights icon
In the last 3 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.98% return, outperforming this fund by 1.03% per annum.
Insights icon
In the last 1 year, Aditya Birla Sun Life Short Term Fund Direct Plan Growth has given 9.27% return, outperforming this fund by 0.36%.

DSP Short Term Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 7.89% since inception which is more than its category average return of 5.91%
AUM size ₹2792 Cr

AUM size ₹2792 Cr

This fund has AUM of ₹2792 Cr which is less than its category average of ₹ 5167 Cr
Expense Ratio 0.34%

Expense Ratio 0.34%

This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.7%

Frequently Asked Questions for DSP Short Term Fund Direct Growth

The current NAV of DSP Short Term Fund Direct Growth is ₹49.64 as on 03-Apr-2025.
Existing (Absolute + CAGR) as on 03-Apr-2025.
DSP Short Term Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.46%
1.46%
6 Month Returns
4.33%
4.33%
1 Year Returns
8.91%
8.91%
3 Years Returns
22.33%
6.95%
5 Years Returns
38.02%
6.66%
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.
0.34% as on March 2025
₹2792 Cr as on March 2025
6.79% Government Of India (07/10/2034)(10.77%), INDIA UNIVERSAL TRUST AL1(5.45%), Titan Company Limited(3.68%), Rec Limited 7.34%(3.66%), National Bank For Agriculture And Rural Development(3.6%) as on March 2025
Corporate(62.67%), Government(35.67%), Cash Equivalent(1.66%) as on March 2025
Yield to Maturity is 7.46 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 2.65 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
91.94
AA
8.06
Karan Mundhra is the fund manager of DSP Short Term Fund Direct Growth
The Exit load of DSP Short Term Fund Direct Growth is 0%