DSP Savings Fund Direct Growth
DebtMoney MarketLow to Moderate Risk
Direct
NAV (04-Oct-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹4,431 Cr
Expense Ratio
0.25%
ISIN
INF740K01NU2
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 04-Oct-24, it has a Net Asset Value (NAV) of ₹51.37, Assets Under Management (AUM) of 4431.32 Crores, and an expense ratio of 0.25%.
- DSP Savings Fund Direct Growth has given a CAGR return of 7.00% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 40.39% in debts, and 59.33% in cash & cash equivalents.
- You can start investing in DSP Savings Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.63%
+6.60% (Cat Avg.)
3 Years
+6.13%
+5.75% (Cat Avg.)
5 Years
+5.76%
+5.34% (Cat Avg.)
10 Years
+6.58%
+5.75% (Cat Avg.)
Since Inception
+7.00%
— (Cat Avg.)
Portfolio Summaryas of 15th September 2024
| Debt | ₹1,789.93 Cr | 40.39% |
| Others | ₹2,641.39 Cr | 59.61% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹290.25 Cr | 6.55% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹217.64 Cr | 4.91% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹194.23 Cr | 4.38% |
| 364 DTB 06032025 | Bond - Gov't/Treasury | ₹193.97 Cr | 4.38% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹193.67 Cr | 4.37% |
| IDFC First Bank Ltd. | Bond - Corporate Bond | ₹193.54 Cr | 4.37% |
| Bajaj Housing Finance Ltd. | Cash - Commercial Paper | ₹193.51 Cr | 4.37% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹193.46 Cr | 4.37% |
| Hero Fincorp Limited | Bond - Corporate Bond | ₹192.8 Cr | 4.35% |
| Indian Bank | Cash - CD/Time Deposit | ₹168.91 Cr | 3.81% |
| 364 DTB 13032025 | Bond - Gov't/Treasury | ₹149.62 Cr | 3.38% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹145.19 Cr | 3.28% |
| Canara Bank | Cash - CD/Time Deposit | ₹145.1 Cr | 3.27% |
| Axis Securities Limited | Cash - Commercial Paper | ₹144.86 Cr | 3.27% |
| Mahindra & Mahindra Financial Services Ltd. | Cash - Commercial Paper | ₹144.51 Cr | 3.26% |
| Icici Securities Limited | Cash - Commercial Paper | ₹144.23 Cr | 3.25% |
| India (Republic of) | Bond - Short-term Government Bills | ₹120.92 Cr | 2.73% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹97.2 Cr | 2.19% |
| Muthoot Finance Ltd. | Cash - Commercial Paper | ₹97.12 Cr | 2.19% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹96.88 Cr | 2.19% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹96.77 Cr | 2.18% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹96.47 Cr | 2.18% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹96.36 Cr | 2.17% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹96.29 Cr | 2.17% |
| India (Republic of) | Bond - Short-term Government Bills | ₹92.47 Cr | 2.09% |
| Indian Bank | Bond - Gov't Agency Debt | ₹72.35 Cr | 1.63% |
| India (Republic of) | Bond - Short-term Government Bills | ₹48.85 Cr | 1.10% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.57 Cr | 1.10% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹48.51 Cr | 1.09% |
| Bank of Baroda | Bond - Corporate Bond | ₹48.39 Cr | 1.09% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹48.36 Cr | 1.09% |
| Hsbc Investdirect Financial Services (I)Ltd | Cash - Commercial Paper | ₹48.14 Cr | 1.09% |
| Net Receivables/Payables | Cash - Collateral | ₹38.52 Cr | 0.87% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹24.21 Cr | 0.55% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹24.19 Cr | 0.55% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹24.16 Cr | 0.55% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.15 Cr | 0.54% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.14 Cr | 0.54% |
| Canara Bank | Bond - Gov't Agency Debt | ₹24.13 Cr | 0.54% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹24.1 Cr | 0.54% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹24.09 Cr | 0.54% |
| Canara Bank | Bond - Gov't Agency Debt | ₹24.09 Cr | 0.54% |
| SBI Funds Management Pvt Ltd/Fund Parent | Mutual Fund - Open End | ₹12.35 Cr | 0.28% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹4.04 Cr | 0.09% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹1,475.91 Cr | 33.31% |
| Cash - Commercial Paper | ₹1,110.58 Cr | 25.06% |
| Bond - Corporate Bond | ₹845.86 Cr | 19.09% |
| Bond - Gov't/Treasury | ₹343.59 Cr | 7.75% |
| Bond - Gov't Agency Debt | ₹338.23 Cr | 7.63% |
| Bond - Short-term Government Bills | ₹262.25 Cr | 5.92% |
| Cash - Collateral | ₹38.52 Cr | 0.87% |
| Mutual Fund - Open End | ₹12.35 Cr | 0.28% |
| Cash - Repurchase Agreement | ₹4.04 Cr | 0.09% |
Risk & Performance Ratios
Standard Deviation
This fund
0.70%
Cat. avg.
0.69%
Lower the better
Sharpe Ratio
This fund
0.17
Cat. avg.
-0.29
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.06
Higher the better
Fund Managers
Karan Mundhra
Since May 2021
Shalini Vasanta
Since August 2024
Additional Scheme Detailsas of 15th September 2024
ISIN | INF740K01NU2 | Expense Ratio | 0.25% | Exit Load | No Charges | Fund Size | ₹4,431 Cr | Age | 11 years 9 months | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Money Market A-I TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹757.61 Cr | 6.9% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹152.17 Cr | 7.3% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹152.17 Cr | 6.6% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹68.50 Cr | 7.5% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹68.50 Cr | 7.3% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹29.45 Cr | 6.7% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹29.45 Cr | 6.2% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27196.37 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2060.40 Cr | 7.6% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27665.38 Cr | 7.6% |
About the AMC
Total AUM
₹1,82,497 Cr
Address
West Wing, 11th Floor, Mumbai, 400021
Other Funds by DSP Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of DSP Savings Fund Direct Growth?
What are the returns of DSP Savings Fund Direct Growth?
What is the portfolio composition of DSP Savings Fund Direct Growth?
Who manages the DSP Savings Fund Direct Growth?
- Karan Mundhra
- Shalini Vasanta
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.