Fund Details
DSP Savings Fund IDCW Daily
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.47% |
| NAV | ₹10.10 (14 May 2021) |
|---|---|
| Fund Started | 01 Aug 2013 |
| Fund Size | ₹2,411 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Lower expense ratio - 0.34%
3. Exit load is zero
4. 1Y Returns are higher than the category average returns
1. 5Y Returns are lower than the category average returns
2. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 18.9% |
| Reserve Bank of India | Financial | T-Bills | 9.1% |
| Axis Bank Ltd. | Financial | CD | 7.8% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 7.8% |
| Housing Development Finance Corpn. Ltd.-Warrant | Financial | CP | 7.8% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 7.8% |
| National Bank For Agriculture & Rural Development | Financial | CP | 6.5% |
| Indusind Bank Ltd. | Financial | CD | 5.2% |
| Can Fin Homes Ltd. | Financial | CP | 5.2% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | CP | 5.1% |
Fund Managers
DSP Savings Fund IDCW Daily Details
DSP Savings Fund IDCW Daily is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 01 Aug 2013. Kedar Karnik, Rahul Vekaria is the Current Fund Manager of DSP Savings Fund IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹2,411 Cr and the Latest NAV as of 14 May 2021 is ₹10.10.
The DSP Savings Fund IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme seeks to generate income through investment in a portfolio comprising of Treasury Bills and other Central Government Securities with a residual maturity less than or equal to 1 year.
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.
