|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹10.15 (14 May 2021)|
|Fund Started||01 Aug 2013|
|Fund Size||₹2,411 Cr|
|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%|
DSP Savings Direct Plan 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 Direct Plan 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 ₹10.15.
The DSP Savings Direct Plan IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 500.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.