Fund Details
DSP Savings Fund Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.48% |
| NAV | ₹41.33 (15 Apr 2021) |
|---|---|
| Fund Started | 30 Sep 1999 |
| Fund Size | ₹1,861 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Lower expense ratio - 0.48%
3. Exit load is zero
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 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 ₹1,861 Cr and the Latest NAV as of 15 Apr 2021 is ₹41.33.
The DSP Savings Fund Growth is rated Low to Moderate 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.
