DSP Savings Direct Plan Growth

Debt
Money Market
Moderate Risk
4.63%
3Y annualised
+0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Oct 2022₹44.47
Min. SIP amount₹500
Rating2
Fund size₹3,203.56Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Money Market
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.5%4.6%5.9%6.9%
Category average3.7%4.6%5.7%NA
Rank with in category2013NANA
Understand terms

Holdings (33)

NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialCD7.6%
Reserve Bank of India
FinancialT-Bills6.0%
Housing Development Finance Corpn. Ltd.FinancialCP4.6%
Small Industries Devp. Bank of India Ltd.
FinancialCD4.5%
Bank Of Baroda
FinancialCD4.5%
Reserve Bank of India
FinancialT-Bills4.5%
Export-Import Bank Of India
FinancialCD4.5%
Tamilnadu State
OthersSDL4.0%
Axis Bank Ltd.
FinancialCD3.8%
Canara Bank
FinancialCD3.0%
See All

Pros and cons

Category: Debt Money Market

Pros

Cons

Exit load is zero
1Y annualised returns lower than category average by 0.23%
Lower expense ratio: 0.26%
Low rating: 2
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
3Y and 5Y annualised returns higher than category average

Expense ratio, exit load and tax

Expense ratio: 0.26%

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 investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

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
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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