Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
DSP Ultra Short Fund - Direct Plan
|
Low to Moderate
|
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0.30 |
|||
Moderate
|
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0.39 |
||||
Moderate
|
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0.38 |
||||
Low to Moderate
|
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0.32 |
||||
Moderate
|
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0.37 |
₹3,004 Cr
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100
500
100
12
Investment Strategy
The scheme aims to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities.
Suitability
"Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
1 min read•By Value Research
1 min read•By Value Research
DSP Ultra Short Fund - Direct Plan is mandated to invest in bonds such that the duration of the portfolio is between three to six months.
Mutual funds can be bought directly from the website of the fund house. For instance, DSP Ultra Short Fund - Direct Plan fund can be purchased from the website of DSP Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of DSP Ultra Short Fund - Direct Plan is ₹3,459.0670 as of 14-Aug-2024.
The AUM of DSP Ultra Short Fund - Direct Plan Fund is ₹3,004 Cr as of 31-Jul-2024
The riskometer level of DSP Ultra Short Fund - Direct Plan is Low to Moderate. See More
Company | Percentage of Portfolio |
---|---|
Reserve Bank of India T-Bills 364-D 05/12/2024 |
4.07
|
HDFC Bank Ltd CD 06/12/2024 |
4.06
|
Export-Import Bank Of India CP 162-D 06/12/2024 |
3.25
|
Reserve Bank of India T-Bills 182-D 23/01/2025 |
3.22
|
Punjab National Bank CD 31/01/2025 |
3.21
|
As of 31-Jul-2024, DSP Ultra Short Fund - Direct Plan had invested 95.76% in Debt and 4.24% in Cash & Cash Eq. See More
DSP Ultra Short Fund - Direct Plan is 11 years 7 months old. It has delivered 7.09% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
7.67%
|
6.12%
|
5.75%
|
6.05%
|
6.70%
|
7.09%
|
No, There is no lock in period in DSP Ultra Short Fund - Direct Plan.
The expense ratio of DSP Ultra Short Fund - Direct Plan is 0.30.