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DSP Ultra Short Fund Direct Plan IDCW Daily

Debt
Ultra Short Duration
Moderate Risk
5.04%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 May 2022₹1,005.38
Min. SIP amountNA
Rating3
Fund size₹3,541.87Cr

Returns and rankings

Category: Debt Ultra Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.5%5.0%5.7%7.1%
Category average3.7%5.5%5.9%NA
Rank with in category181410NA
Understand terms

Holdings (41)

NameSectorInstrumentAssets
Sikka Ports and Terminals Ltd.EnergyCP6.8%
GOI
SovereignCGL5.3%
Jamnagar Utilities and Power Pvt. Ltd.Capital GoodsCP5.0%
Rajasthan State
OthersSDL4.6%
Indian Oil Corporation Ltd.
EnergyCP3.4%
Reserve Bank of India
FinancialT-Bills3.4%
Tata Capital Housing Finance Ltd.
FinancialCP3.4%
Canara Bank
FinancialCD3.4%
Canara Bank
FinancialCD3.4%
LIC Housing Finance Ltd.
FinancialCP3.4%
See All

Pros and cons

Category: Debt Ultra Short Duration

Pros

1Y annualised returns higher than category average by 0.12%
Higher alpha: 2.59 The fund has generated returns higher than benchmark - CRISIL Ultra Short Duration Fund BI Index - in the last 3Y
Exit load is zero
Lower expense ratio: 0.3%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

3Y and 5Y annualised returns lower than category average

Expense ratio, exit load and tax

Expense ratio: 0.30%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Kedar Karnik
Jul 2016 - Present
View details

Education
Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Experience
Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..
Also manages these schemes

Karan Mundra
May 2021 - Present
View details

Education
Mr. Mundra is a B. COM. and Charted Accountant (CA)
Experience
He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway,Andheri East Mumbai 400069
Phone
022-66178000
Launch Date
16 Dec 1996
E-mail
NA
Website
NA
Amc Image
DSP Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in DSP Ultra Short Fund Direct Plan IDCW Daily?

You can easily invest in DSP Ultra Short Fund Direct Plan IDCW Daily in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for DSP Ultra Short Fund Direct Plan IDCW Daily from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in DSP Ultra Short Fund Direct Plan IDCW Daily as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does DSP Ultra Short Fund Direct Plan IDCW Daily provide?

The DSP Ultra Short Fund Direct Plan IDCW Daily has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.54% since its inception.

How much expense ratio is charged by DSP Ultra Short Fund Direct Plan IDCW Daily?

The term Expense Ratio used for DSP Ultra Short Fund Direct Plan IDCW Daily or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of DSP Ultra Short Fund Direct Plan IDCW Daily is 0.30% as of 27 May 2022...

What is the AUM of DSP Ultra Short Fund Direct Plan IDCW Daily?

The AUM, short for Assets Under Management of DSP Ultra Short Fund Direct Plan IDCW Daily is ₹3,541.87Cr as of 27 May 2022.

How to Redeem DSP Ultra Short Fund Direct Plan IDCW Daily?

If you want to sell your DSP Ultra Short Fund Direct Plan IDCW Daily holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of DSP Ultra Short Fund Direct Plan IDCW Daily?

You can select either SIP or Lumpsum investment of DSP Ultra Short Fund Direct Plan IDCW Daily based on your investment objective and risk tolerance.

What is the NAV of DSP Ultra Short Fund Direct Plan IDCW Daily?

The NAV of DSP Ultra Short Fund Direct Plan IDCW Daily is ₹1,005.38 as of 26 May 2022.

What is the PE and PB ratio of DSP Ultra Short Fund Direct Plan IDCW Daily?

The PE ratio ratio of DSP Ultra Short Fund Direct Plan IDCW Daily is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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