DSP Ultra Short Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Ultra Short Duration Fund category.

The NAV for DSP Ultra Short Fund Fund is 3,150.372 as of 16 May 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 5.06% annualized return for the last 3 years.

DSP Ultra Short Fund has 1 Star Rating at present. The present riskometer shown below is the level of risk in this fund based on guidelines set by SEBI is at Moderate risk.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of      for

Below table shows comparison of DSP Ultra Short Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of 36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

39,420

3,420

5.98%

Bank FD

39,824

3,824

6.5%
Gold

40,770

4,770

8.00%

Fund Information

  • As of 31 Jan 2024, fund size of DSP Ultra Short Fund is 2,629.16 Cr.

  • DSP Ultra Short Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 1.04%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • DSP Ultra Short Fund is an Debt oriented mutual fund in the - Ultra Short Duration Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for DSP Ultra Short Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 05 Jul 2006 as at present it is 18 years old fund.

  • Name of the AMC is DSP Mutual Fund. Click here to know more about DSP Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. DSP Ultra Short Fund managed by following fund manager(s);

How does the Return Comparison of the DSP Ultra Short Fund fare against peer funds in the Ultra Short Duration fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by DSP Ultra Short Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Ultra Short Duration fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.37% 0.91% 5.14% 5.14% 7.21% 5.80% 6.36% 6.87% 7.47%
Category Average 0.30% 0.79% 4.13% 4.54% 6.54% 5.04% 4.64% 5.39% 6.45%
DSP Ultra Short Fund 0.12% 0.47% 1.76% 3.39% 6.83% 6.22% 5.06% 5.09% 6.00%
ICICI Prudential Ultra Short Term Fund 0.13% 0.50% 1.93% 3.68% 7.17% 6.62% 5.60% 6.04% 7.67%
ICICI Prudential Ultra Short Term Fund 0.13% 0.50% 1.93% 3.68% 7.17% 6.62% 5.60% 6.04% 7.67%
Aditya Birla Sun Life Savings Fund 0.14% 0.52% 1.98% 3.77% 7.44% 6.87% 5.79% 6.20% 7.30%
Aditya Birla Sun Life Savings Fund 0.14% 0.52% 1.98% 3.77% 7.44% 6.87% 5.79% 6.20% 7.30%
HDFC Ultra Short Term Fund 0.13% 0.52% 1.92% 3.65% 7.15% 6.59% 5.48% 5.77% -

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of DSP Ultra Short Fund are shown below;

Equity -

Debt 97.02%

Others 2.98%

Top Holdings

Name of the InstrumentHolding Percentage
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 22A 5.27 LOA 29AP24 FVRS10LAC 6.88%
AXIS BANK LIMITED CD 17MAY24 3.72%
HDFC BANK LIMITED CD 13SEP24 3.63%
GOVERNMENT OF INDIA 09008 GOI 22JU24 7.35 FV RS 100 2.99%
LIC HOUSING FINANCE LIMITED TR 419 OPT I 5.75 LOA 14JU24 FVRS10LAC 2.93%
Others 79.85%

Allocation by Instruments

Type of the InstrumentHolding Percentage
BOND 12.78%
CERTIFICATE OF DEPOSIT 12.49%
GOVERNMENT SECURITIES 2.99%
DEBENTURE 8.47%
COMMERCIAL PAPER 15.97%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Moderate risk