How to Invest in DSP Ultra Short to Short Term Fund Direct Growth?

You can easily invest in DSP Ultra Short to Short Term Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for DSP Ultra Short to Short Term Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in DSP Ultra Short to Short Term Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does DSP Ultra Short to Short Term Fund Direct Growth provide?

The DSP Ultra Short to Short Term Fund Direct Growth has been there from 10 Mar 2015 and the average annual returns provided by this fund is 7.10% since its inception.

How much expense ratio is charged by DSP Ultra Short to Short Term Fund Direct Growth?

The term Expense Ratio used for DSP Ultra Short to Short Term Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of DSP Ultra Short to Short Term Fund Direct Growth is 0.31% as of 15 Sep 2026...

What is the AUM of DSP Ultra Short to Short Term Fund Direct Growth?

The AUM, short for Assets Under Management of DSP Ultra Short to Short Term Fund Direct Growth is ₹4,750.25Cr as of 15 Sep 2026.

How to Redeem DSP Ultra Short to Short Term Fund Direct Growth?

If you want to sell your DSP Ultra Short to Short Term Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of DSP Ultra Short to Short Term Fund Direct Growth?

You can select either SIP or Lumpsum investment of DSP Ultra Short to Short Term Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of DSP Ultra Short to Short Term Fund Direct Growth?

The NAV of DSP Ultra Short to Short Term Fund Direct Growth is ₹22.03 as of 11 Sep 2026.

What is the PE and PB ratio of DSP Ultra Short to Short Term Fund Direct Growth?

The PE ratio ratio of DSP Ultra Short to Short Term Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

DSP Ultra Short to Short Term Fund Direct Growth

Name: DSP Ultra Short to Short Term Fund Direct Growth
Brand: DSP Mutual Fund

Debt

Low Duration

Low to Moderate Risk

+7.18%

3Y annualised

-0.07% 1D

All

NAV: 11 Sep '26

₹22.03

Min. for SIP

₹100

Fund size (AUM)

₹4,750.25 Cr

Expense ratio

0.31%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹61,812	+3.02%
3 years	₹1,80,000	₹1,99,003	+10.56%
5 years	₹3,00,000	₹3,55,915	+18.64%
10 years	₹6,00,000	₹8,39,898	+39.98%

Holdings (97)

Name	Sector	Instruments	Assets
Reverse Repo	Unspecified	Reverse Repo	4.06%
BHARTI TELECOM LIMITED SR XXV 7.35 NCD 15OT27 FVRS1LAC	Technology	Debenture	3.78%
STATE DEVELOPMENT LOAN 30699 MH 25AG27 6.38 FV RS 100	Unspecified	State Development Loan	3.17%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC	Financial	Bonds	3.15%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25C 7.44 BD 24FB28 FVRS1LAC	Financial	Bonds	2.72%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II RR BD 04JU29 FVRS1LAC	Financial	Bonds	2.67%
REC LIMITED SR 223B 7.46 BD 30JU28 FVRS1LAC	Financial	Debenture	2.66%
REC LIMITED SR 236-B 7.56 BD 31AG27 FVRS1LAC	Financial	Debenture	2.63%
BANK OF BARODA CD 08JAN27	Financial	Certificate of Deposit	2.57%
BAJAJ HOUSING FINANCE LIMITED 8.10 NCD 08JL27 FVRS1LAC	Financial	Debenture	2.14%
Uttar Pradesh State SDL 6.85 23/11/2026	Unspecified	State Development Loan	2.09%
HDFC BANK LIMITED CD 12MAR27	Financial	Certificate of Deposit	2.03%
TATA CAPITAL HOUSING FINANCE LIMITED SR G 8 NCD 03NV27 FVRS10LAC	Financial	Bonds	1.69%
LIC HOUSING FINANCE LIMITED TR- 353 7.75 LOA 23NV27 FVRS10LAC	Financial	Non Convertible Debenture	1.67%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.51 BD 12JU28 FVRS1LAC	Financial	Bonds	1.66%
MAHINDRA RURAL HOUSING FINANCE LIMITED SR MRHFLEE2025 7.42 NCD 23FB28 FVRS1LAC	Financial	Debenture	1.63%
Tamilnadu SGL 7.39 09/11/2026	Unspecified	State Development Loan	1.62%
POWER FINANCE CORPORATION LIMITED SR 259A 6.96 BD 02MR28 FVRS1LAC	Financial	Debenture	1.62%
EXPORT IMPORT BANK OF INDIA CD 01MAR27	Financial	Certificate of Deposit	1.53%
HDFC BANK LIMITED CD 09MAR27	Financial	Certificate of Deposit	1.53%
INDIAN BANK CD 21JUN27	Financial	Certificate of Deposit	1.49%
BAJAJ FINANCE LIMITED 7.3763 NCD 26JU28 FVRS1LAC	Financial	Debenture	1.48%
364 Days T Bill 04-02-2027	Financial	Treasury Bills	1.34%
BHARTI TELECOM LIMITED SR XXVII 7.30 NCD 01DC27 FVRS1LAC	Technology	Debenture	1.21%
BAJAJ FINANCE LIMITED 7.7951 NCD 10DC27 FVRS1LAC	Financial	Debenture	1.11%
LIC HOUSING FINANCE LTD TR 445 OP II 7.74 NCD 11FB28 FVRS1LAC	Financial	Floating Rate Bond	1.10%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC	Financial	Bonds	1.09%
REC LIMITED SR 231A 7.64 BD 30AP27 FVRS1LAC	Financial	Non Convertible Debenture	1.08%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.22 BD 10AP29 FVRS1LAC	Financial	Debenture	1.07%
Power Finance Corporation Ltd SR-168B Bonds 7.44 11/06/2027	Financial	Bonds	1.07%
BAJAJ HOUSING FINANCE LIMITED 7.25 NCD 22JN29 FVRS1LAC	Financial	Non Convertible Debenture	1.06%
ICICI HOME FINANCE COMPANY LIMITED SR HDBAPR261 7. 3108 BD 28JU27 FVRS1LAC	Financial	Bonds	1.06%
BAJAJ HOUSING FINANCE LIMITED 7.02 NCD 26MY28 FVRS1LAC	Financial	Non Convertible Debenture	1.06%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR I 6.66 BD 25OT28 FVRS1LAC	Financial	Non Convertible Debenture	1.04%
INDIAN BANK CD 10DEC26	Financial	Certificate of Deposit	1.03%
CANARA BANK CD 04MAR27	Financial	Certificate of Deposit	1.02%
HDFC BANK LIMITED CD 24FEB27	Financial	Certificate of Deposit	1.02%
HDFC BANK LIMITED CD 05MAR27	Financial	Certificate of Deposit	1.02%
BANK OF BARODA CD 02FEB27	Financial	Certificate of Deposit	1.02%
INDIAN BANK CD 09FEB27	Financial	Certificate of Deposit	1.02%
GOVERNMENT OF INDIA 37177 364 DAYS TBILL 04MR27 FV RS 100	Financial	Treasury Bills	1.02%
CANARA BANK CD 12FEB27	Financial	Certificate of Deposit	1.02%
HDFC BANK LIMITED CD 05FEB27	Financial	Certificate of Deposit	1.02%
Union Bank of India - 15/03/2027**	Financial	Certificate of Deposit	1.02%
UNION BANK OF INDIA CD 07MAY27	Financial	Certificate of Deposit	1.00%
BAJAJ FINANCE LIMITED 365D CP 03JUN27	Financial	Commercial Paper	1.00%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 20AUG27	Financial	Certificate of Deposit	0.98%
REC LIMITED SR 253 7.38 BD 28FB29 FVRS1LAC	Financial	Bonds	0.96%
MAHINDRA RURAL HOUSING FINANCE LIMITED SR MRHFLBB2025 7.25 NCD 27AG27 FVRS1LAC	Financial	Non Convertible Debenture	0.94%
INDIA UNIVERSAL TRUST AL1 SERIES A2 PTC 25SEP24	Unspecified	Securitised Debt	0.90%
Karnataka State SDL 7.86 15/03/2027	Unspecified	State Development Loan	0.88%
HDFC BANK LIMITED CD 22JAN27	Financial	Certificate of Deposit	0.82%
BAJAJ FINANCE LIMITED 7.77 NCD 17AP29 FVRS1LAC	Financial	Non Convertible Debenture	0.75%
REC Ltd SR-140 Bonds 7.52 07/11/2026	Financial	Bonds	0.56%
BAJAJ FINANCE LIMITED 7.07 NCD 21SP28 FVRS1LAC	Financial	Debenture	0.56%
JIO CREDIT LIMITED SR III 7.05 NCD 13OT27 FVRS1LAC	Financial	Bonds/NCDs	0.56%
7.74% LIC HSG TR448 NCD 22-10-27**	Financial	Debenture	0.56%
BAJAJ HOUSING FINANCE LIMITED 7.98 NCD 18NV27 FVRS10LAC	Financial	Debenture	0.56%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23I 7.62 LOA 31JN28 FVRS1LAC	Financial	Debenture	0.55%
Export-Import Bank Of India SR.T.09 Debenture 7.25 01/02/2027	Financial	Debenture	0.55%
BAJAJ FINANCE LIMITED 7.24 NCD 12DC28 FVRS1LAC	Financial	Debenture	0.55%
RURAL ELECTRIFICATION CORPORATION LIMITED 7.77 SR 220-A BD 31MR28 FVRS1LAC	Financial	Non Convertible Debenture	0.55%
TATA CAPITAL HOUSING FINANCE LIMITED SR A 7.27 NCD 25AP28 FVRS1LAC	Financial	Debenture	0.54%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26C 7.27 BD 23FB29 FVRS1LAC	Financial	Debenture	0.54%
POWER FINANCE CORPORATION LIMITED SR 248B 7.45 NCD 15JL28 FVRS1LAC	Financial	Bonds	0.54%
Gujarat State SDL 7.24 28/12/2026	Industrials	State Development Loan	0.54%
SUNDARAM FINANCE LIMITED SR Y2 8.12 NCD 21JU27 FVRS1LAC	Financial	Debenture	0.54%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24H 7.62 BD 10MY29 FVRS1LAC	Financial	Debenture	0.54%
BAJAJ HOUSING FINANCE LIMITED 7.7 NCD 21MY27 FVRS10LAC	Financial	Bonds	0.54%
LIC HOUSING FINANCE LTD TR 438 7.8350 NCD 11MY27 FVRS1LAC	Financial	Debenture	0.54%
Gujarat State SDL 7.59 15/02/2027	Industrials	State Development Loan	0.53%
GOI Sec 8.24 15/02/2027	Entities	GOI Securities	0.53%
GOVERNMENT OF INDIA 36790 364 DAYS TBILL 03DC26 FV RS 100	Financial	Treasury Bills	0.52%
AXIS BANK LIMITED CD 07DEC26	Financial	Certificate of Deposit	0.52%
STATE DEVELOPMENT LOAN 29197 HP 29JL28 6.36 FV RS 100	Unspecified	State Development Loan	0.52%
ICICI BANK LIMITED CD 27JAN27	Financial	Certificate of Deposit	0.51%
BANK OF BARODA CD 27JAN27	Financial	Certificate of Deposit	0.51%
KOTAK MAHINDRA BANK LIMITED CD 29JAN27	Financial	Certificate of Deposit	0.51%
PUNJAB NATIONAL BANK CD 10FEB27	Financial	Certificate of Deposit	0.51%
Union Bank of India CD	Financial	Certificate of Deposit	0.51%
BANK OF BARODA CD 03FEB27	Financial	Certificate of Deposit	0.51%
CANARA BANK CD 11MAR27	Financial	Certificate of Deposit	0.51%
CANARA BANK CD 25MAR27	Financial	Certificate of Deposit	0.51%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 27AUG27	Financial	Certificate of Deposit	0.49%
POWER FINANCE CORPORATION LIMITED SR 253 6.73 BD 15OT27 FVRS1LAC	Financial	Bonds/NCDs	0.44%
GOVERNMENT OF INDIA 37186 364 DAYS TBILL 11MR27 FV RS 100	Financial	Treasury Bills	0.41%
Others Class A2 AIF	Unspecified	Alternative Investment Fund	0.38%
KOTAK MAHINDRA PRIME LIMITED 7.05 NCD 10AP28 FVRS1LAC	Financial	Debenture	0.32%
BAJAJ FINANCE LIMITED 8.12 NCD 10SP27 FVRS1LAC	Financial	Debenture	0.27%
Maharashtra State SDL 7.39 09/11/2026	Unspecified	State Development Loan	0.22%
STATE DEVELOPMENT LOAN 19060 KAR 11JN27 7.15 FV RS 100	Unspecified	State Development Loan	0.21%
STATE DEVELOPMENT LOAN 35559 KAR 12FB31 7.08 FV RS 100	Unspecified	State Development Loan	0.21%
Karnataka State SDL 6.83 23/11/2026	Unspecified	State Development Loan	0.11%
Gujarat State SDL 7.05 14/12/2026	Industrials	State Development Loan	0.11%
Maharashtra State SDL 7.16 28/09/2026	Unspecified	State Development Loan	0.07%
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED SR AI2023 STRPP 2 8 NCD 27AP27 FVRS1LAC	Financial	Debenture	0.05%
Net Payables	Unspecified	Net Payables	-0.63%

See All

Minimum investments

Min. for 1st investment

₹100

Min. for 2nd investment

₹100

Min. for SIP

₹100

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+7.2%	+6.4%	+6.8%	+7.1%
Category average (Debt Low Duration)	+7.1%	+5.9%	+6.5%	--
Rank (Debt Low Duration)	19	18	11	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Fund management

KM
Karan Mundhra
Mar 2022 - 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

DSP Ultra Short to Short Term Fund Direct Growth

DSP Medium Term Direct Growth

DSP Short Term Fund Direct Plan Growth

DSP Money Market Fund Direct Plan Growth

DSP Ultra Short Term Fund Direct Plan Growth

DSP Liquid Fund Direct Growth

DSP Arbitrage Fund Direct Growth

DSP Overnight Fund Direct Growth

DSP Floating Interest Rates Fund Direct Growth

DSP Financial Services Sectoral Debt Fund Direct Growth

SV
Shalini Vasanta
Jun 2023 - Present
View details

Education

Mr. Vasanta has done BA and MBA (Finance)

Experience

Prior to joining DSP Mutual Fund, he has worked with ICRA as Senior Analyst

Also manages these schemes

DSP Ultra Short to Short Term Fund Direct Growth

DSP Money Market Fund Direct Plan Growth

DSP Ultra Short Term Fund Direct Plan Growth

DSP Credit Risk Fund Direct Plan Growth

DSP Liquid Fund Direct Growth

DSP Overnight Fund Direct Growth

DSP Financial Services Sectoral Debt Fund Direct Growth

About DSP Ultra Short to Short Term Fund Direct Growth

DSP Ultra Short to Short Term Fund Direct Growth is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Karan Mundhra is the Current Fund Manager of DSP Ultra Short to Short Term Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,51,811 Cr and the Latest NAV as of 11 Sep 2026 is ₹22.03. The DSP Ultra Short to Short Term Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;