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 Savings Fund
|
Low to Moderate
|
Please wait... |
0.48 |
|||
Low to Moderate
|
Please wait... |
0.40 |
||||
Moderate
|
Please wait... |
0.35 |
||||
Low to Moderate
|
Please wait... |
0.31 |
||||
Low to Moderate
|
Please wait... |
0.35 |
₹4,630 Cr
--
100
500
100
12
Investment Strategy
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.
Suitability
"Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. 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.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is 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 Savings Fund is mandated to invest in bonds having maturity of up to one year and therefore, it is suitable to invest in for a similar time frame.
Mutual funds can be bought directly from the website of the fund house. For instance, DSP Savings Fund 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 Savings Fund is ₹49.4187 as of 14-Aug-2024.
The AUM of DSP Savings Fund Fund is ₹4,630 Cr as of 31-Jul-2024
The riskometer level of DSP Savings Fund is Low to Moderate. See More
Company | Percentage of Portfolio |
---|---|
National Bank For Agriculture & Rural Development CD 26/02/2025 |
6.21
|
Union Bank of India CD 27/02/2025 |
5.18
|
Small Industries Devp. Bank of India Ltd CD 27/02/2025 |
4.66
|
Small Industries Devp. Bank of India Ltd CD 07/02/2025 |
4.16
|
Reserve Bank of India T-Bills 364-D 06/03/2025 |
4.15
|
As of 31-Jul-2024, DSP Savings Fund had invested 99.67% in Debt and 0.33% in Cash & Cash Eq. See More
DSP Savings Fund is 24 years 10 months old. It has delivered 6.63% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
7.24%
|
5.67%
|
5.49%
|
6.04%
|
6.32%
|
6.63%
|
No, There is no lock in period in DSP Savings Fund.
The expense ratio of DSP Savings Fund is 0.48.