DSP Short Term Fund Direct Plan Growth
Debt
Direct
Short Duration
NAV: ₹ 45.91 as on 16-05-2024
About the Fund
DSP Short Term Fund Direct Plan 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 Plan Growth has ₹2956 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.
Fund Performance
43 people have invested ₹ 1.2L in DSP Short Term Fund Direct Plan Growth in the last three months
Overview
 | 0.34% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹2956 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 354.21% |
DSP Short Term Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
87.4%
AA
12.6%
Sector Allocation
Corporate
63.2%
Government
29.9%
Cash Equivalent
6.8%
Top Holdings of DSP Short Term Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings55
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.37% Govt Stock 2028 | 9.38% | 37.5% | |
7.32% Govt Stock 2030 | 7.92% | 12.5% | |
7.1% Govt Stock 2029 | 4.22% | 0% | |
Titan Company Limited | 3.51% | 0% | |
Power Finance Corporation Ltd. | 3.47% | -25.9% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 3K Cr as of Apr'24
- AUM decreased by 40.2 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 (short duration). Its expense ratio is 0.34% which is lower than the category average expense ratio of 0.7%.
In the last 5 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.92% return, outperforming this fund by 1.12% per annum.
In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.64% return, outperforming this fund by 2.26% per annum.
In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 7.84% return, outperforming this fund by 0.88%.
Over the last 3 months, this fund has increased expense ratio by 13.3% moving from 0.30 to 0.34.
Peer Analysis
Fund Manager
Laukik Bagwe
Fund Manager of DSP Short Term Fund Direct Plan Growth, since 17 July 2016
Top funds managed
DSP Short Term 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 7.78% since inception which is more than its category average return of 5.63%
AUM size ₹2956 Cr
This fund has AUM of ₹2956 Cr which is less than its category average of ₹ 3590 Cr
Expense Ratio 0.34%
This fund has an expense ratio of 0.34% which is less than its category average expense ratio of 0.67%
Frequently Asked Questions
The current NAV of DSP Short Term Fund Direct Plan Growth is ₹45.91 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
DSP Short Term Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 3.85% | 3.85% |
1 Year Returns | 6.97% | 6.97% |
3 Years Returns | 17.01% | 5.38% |
5 Years Returns | 38.96% | 6.8% |
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 April 2024
₹2956 Cr as on April 2024
7.37% Govt Stock 2028(9.38%), 7.32% Govt Stock 2030(7.92%), 7.1% Govt Stock 2029(4.22%), Titan Company Limited(3.51%), Power Finance Corporation Ltd.(3.47%) as on April 2024
Corporate(63.22%), Government(29.95%), Cash Equivalent(6.84%) as on April 2024
Yield to Maturity is 7.72 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 2.78 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 87.43 |
AA | 12.57 |
Laukik Bagwe is the fund manager of DSP Short Term Fund Direct Plan Growth
The Exit load of DSP Short Term Fund Direct Plan Growth is 0%