Debt
Direct
Ultra Short Duration
NAV as on 04-09-2024
₹ 3473.83
Inception Returns
7.1%
/yr
DSP Ultra Short Fund Direct 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.
DSP Ultra Short Fund Direct Growth has given a CAGR return of 7.10% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.75%, 6.18% and 5.75% respectively.
DSP Ultra Short Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are 364 DTB 05122024, HDFC Bank Limited, Export-Import Bank Of India, 182 DTB 23012025, Punjab National Bank
As it is a ultra 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.
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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Ultra Short Fund Direct Growth has no lock in period.
Expense ratio | 0.3% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹2849 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 209.95% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (04-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Corporate, Government
DSP Ultra Short Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 3.88% | 3.88% |
1 Year Returns | 7.75% | 7.75% |
3 Years Returns | 19.72% | 6.18% |
5 Years Returns | 32.23% | 5.75% |
AAA | 96.17 |
AA | 3.83 |