DSP Ultra Short Fund Direct Plan Dividend+0.03%

2Groww
7.15%
1 Year Return
Debt
Ultra Short Duration
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

DSP Ultra Short Fund Direct Plan Dividend

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.24%
NAV1097.54 (11 Dec 2019)
Fund Started31 Dec 2012
Fund Size2,752 Cr

Returns

1Y
3Y*
5Y*
Since inception*
DSP Ultra Short Fund Direct Plan Dividend
7.2%
6.9%
7.5%
8.1%
Category Average
5.1%
5.7%
6.8%
-
Rank within category
15
10
11
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 7.2% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio
    2. Exit load is zero
    Cons
    1. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Bank Of BarodaFinancialCD7.7%
    Power Finance Corpn. Ltd.FinancialBonds4.7%
    HDFC Bank Ltd.FinancialCD4.0%
    ICICI Home Finance Company Ltd.FinancialCP3.5%
    Small Industries Devp. Bank of India Ltd.FinancialCP3.5%
    Axis Bank Ltd.FinancialCD3.5%
    Export-Import Bank Of IndiaFinancialCP3.5%
    Bajaj Finance Ltd.FinancialCP3.4%
    Axis Bank Ltd.FinancialCD3.4%
    Kotak Mahindra Prime Ltd.FinancialCP3.4%
    See All

    Fund Managers

    addKedar Karnik
    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..
    Funds Managed
    addRahul Vekaria
    Education
    Mr. Vakaria is CA and pursuing CFA Level II.
    Experience
    Prior to joining DSP Mutual Fund he has worked with Axis mutual Fund as a Fund Manager.
    Funds Managed

    Other Details

    DSP Ultra Short Fund Direct Plan Dividend is a Debt Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Kedar Karnik, Rahul Vekaria is the Current Fund Manager of DSP Ultra Short Fund Direct Plan Dividend.The fund currently has an Asset Under Management(AUM) of ₹2,752 Cr and the Latest NAV as of 11 Dec 2019 is ₹1097.54.

    The DSP Ultra Short Fund Direct Plan Dividend is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    To seek to generate returns commensurate with risk from a portfolio constituted of money market securities and or debt securities.

    Tax Implications

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

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About DSP BlackRock Mutual Fund

    Address
    Mafatlal Centre, 10th Floor, Nariman Point Mumbai 400021
    Phone
    022 66578000
    Launch Date
    15 Dec 1996
    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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