Fund Details
DSP Savings Fund Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.46% |
| NAV | ₹40.96 (21 Jan 2021) |
|---|---|
| Fund Started | 30 Sep 1999 |
| Fund Size | ₹1,932 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Risk-adjusted returns are higher compared to the category
3. Lower expense ratio
4. Exit load is zero
5. Age is more than 10 years
6. Risk-adjusted returns are higher compared to the category
7. Lower expense ratio - 0.46%
1. Risk is higher compared to the benchmark
2. 5Y Returns are lower than the benchmark
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Larsen & Toubro Ltd. | Construction | CP | 9.0% |
| Export-Import Bank Of India | Financial | CD | 8.8% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 7.2% |
| Reserve Bank of India | Financial | T-Bills | 6.4% |
| Union Bank of India | Financial | CD | 5.2% |
| Reserve Bank of India | Financial | T-Bills | 5.2% |
| Axis Finance Ltd. | Financial | CP | 5.2% |
| Tata Capital Housing Finance Ltd. | Financial | CP | 5.2% |
| Reserve Bank of India | Financial | T-Bills | 5.1% |
| Reliance Industries Ltd. | Energy | CP | 4.2% |
Fund Managers
DSP Savings Fund Growth Details
DSP Savings Fund Growth is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 30 Sep 1999. Kedar Karnik, Rahul Vekaria is the Current Fund Manager of DSP Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,932 Cr and the Latest NAV as of 21 Jan 2021 is ₹40.96.
The DSP Savings Fund Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 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.
