DSP Ultra Short Fund Direct Growth
Debt
Direct
Ultra Short Duration
NAV as on 04-09-2024
₹ 3473.83
Inception Returns
7.1%
/yr
About the Fund
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.
Key Parameters
- DSP Ultra Short Fund Direct Growth has ₹2849 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 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.
Holdings
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
Taxation
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.
Investment objective of DSP Ultra Short 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 Ultra Short Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| 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 |
Trailing Returns
as on (04-Sep-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 2.8K Cr as of Jul'24
- AUM increased by 97.3 Cr between Jul'24 and Jun'24
Top 2 Sectors in July were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 364 DTB 05122024 | 4.3% | 0% | |
HDFC Bank Limited | 4.29% | 25% | |
Export-Import Bank Of India | 3.43% | 0% | |
182 DTB 23012025 | 3.41% | 0% | |
Punjab National Bank | 3.39% | 100% |
Mutual Fund Insights
DSP Ultra Short Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.3%
Frequently Asked Questions
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% |
- 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.
AAA | 96.17 |
AA | 3.83 |