DSP Ultra Short Fund Regular Growth
DebtUltra Short DurationLow to Moderate Risk
Regular
NAV (05-Sep-24)
₹3214.470.02%1D
Returns (Since Inception)
6.66%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹2,849 Cr
Expense Ratio
1.02%
ISIN
INF740K01QQ3
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
31 Jul 2006
About this fund
DSP Ultra Short Fund Regular Growth is a Ultra Short Duration mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 18 years, 1 months and 7 days, having been launched on 31-Jul-06.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹3214.47, Assets Under Management (AUM) of 2849.35 Crores, and an expense ratio of 1.02%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹3214.47, Assets Under Management (AUM) of 2849.35 Crores, and an expense ratio of 1.02%.
- DSP Ultra Short Fund Regular Growth has given a CAGR return of 6.66% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 38.28% in debts, and 61.47% in cash & cash equivalents.
- You can start investing in DSP Ultra Short Fund Regular 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
+6.93%
+6.46% (Cat Avg.)
3 Years
+5.44%
+5.54% (Cat Avg.)
5 Years
+4.99%
+5.07% (Cat Avg.)
10 Years
+5.96%
+5.56% (Cat Avg.)
Since Inception
+6.66%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹1,090.83 Cr | 38.28% |
| Others | ₹1,758.52 Cr | 61.72% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 364 DTB 05122024 | Bond - Gov't/Treasury | ₹122.52 Cr | 4.30% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹122.23 Cr | 4.29% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹97.79 Cr | 3.43% |
| 182 DTB 23012025 | Bond - Gov't/Treasury | ₹97.16 Cr | 3.41% |
| Punjab National Bank | Bond - Gov't Agency Debt | ₹96.65 Cr | 3.39% |
| Treps / Reverse Repo Investments | Cash - Repurchase Agreement | ₹81.75 Cr | 2.87% |
| Bank of Baroda | Bond - Corporate Bond | ₹72.15 Cr | 2.53% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹72 Cr | 2.53% |
| Motilal Oswal Financial Services Ltd | Cash - Commercial Paper | ₹71.47 Cr | 2.51% |
| 182 DTB 30012025 | Bond - Gov't/Treasury | ₹58.22 Cr | 2.04% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹53.2 Cr | 1.87% |
| The Tata Power Company Limited | Bond - Corporate Bond | ₹52.26 Cr | 1.83% |
| Can Fin Homes Limited | Bond - Corporate Bond | ₹51.19 Cr | 1.80% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.54 Cr | 1.77% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹50.05 Cr | 1.76% |
| Rbl Bank Limited | Cash - CD/Time Deposit | ₹49.83 Cr | 1.75% |
| Equitas Small Finance Bank Limited | Cash - CD/Time Deposit | ₹49.73 Cr | 1.75% |
| Hsbc Investdirect Financial Services (I)Ltd | Cash - Commercial Paper | ₹49.73 Cr | 1.75% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹49.71 Cr | 1.74% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹49.7 Cr | 1.74% |
| 182 DTB 14112024 | Bond - Gov't/Treasury | ₹49.2 Cr | 1.73% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.96 Cr | 1.72% |
| Tata Projects Limited | Cash - Commercial Paper | ₹48.91 Cr | 1.72% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.84 Cr | 1.71% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.52 Cr | 1.70% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹48.26 Cr | 1.69% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹48.23 Cr | 1.69% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹48.22 Cr | 1.69% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.15 Cr | 1.69% |
| IDFC First Bank Ltd. | Bond - Corporate Bond | ₹48.08 Cr | 1.69% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.07 Cr | 1.69% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹47.99 Cr | 1.68% |
| Hero Fincorp Limited | Bond - Corporate Bond | ₹47.87 Cr | 1.68% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹47.13 Cr | 1.65% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹46.95 Cr | 1.65% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹46.74 Cr | 1.64% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹46.53 Cr | 1.63% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹40.5 Cr | 1.42% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹39.85 Cr | 1.40% |
| Infina Finance Private Limited | Cash - Commercial Paper | ₹34.82 Cr | 1.22% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹32.52 Cr | 1.14% |
| Net Receivables/Payables | Cash - Collateral | ₹-27.99 Cr | 0.98% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.89 Cr | 0.91% |
| Rec Limited | Bond - Corporate Bond | ₹25.69 Cr | 0.90% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹25.58 Cr | 0.90% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.57 Cr | 0.90% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25 Cr | 0.88% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25 Cr | 0.88% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹24.93 Cr | 0.87% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹24.78 Cr | 0.87% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.61 Cr | 0.86% |
| Mirae Asset Financial Services India Private Limited | Cash - Commercial Paper | ₹24.56 Cr | 0.86% |
| Indostar Capital Finance Limited | Cash - Commercial Paper | ₹24.53 Cr | 0.86% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹24.45 Cr | 0.86% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.38 Cr | 0.86% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.24 Cr | 0.85% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.23 Cr | 0.85% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.15 Cr | 0.85% |
| Indostar Capital Finance Limited | Cash - Commercial Paper | ₹24.01 Cr | 0.84% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹23.69 Cr | 0.83% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹23.58 Cr | 0.83% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹23.53 Cr | 0.83% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹15.8 Cr | 0.55% |
| SBI Funds Management Pvt Ltd/Fund Parent | Mutual Fund - Open End | ₹6.91 Cr | 0.24% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹1,152.72 Cr | 40.46% |
| Bond - Corporate Bond | ₹716.28 Cr | 25.14% |
| Cash - Commercial Paper | ₹495.92 Cr | 17.40% |
| Bond - Gov't/Treasury | ₹327.1 Cr | 11.48% |
| Bond - Gov't Agency Debt | ₹96.65 Cr | 3.39% |
| Cash - Repurchase Agreement | ₹81.75 Cr | 2.87% |
| Cash - Collateral | ₹-27.99 Cr | 0.98% |
| Mutual Fund - Open End | ₹6.91 Cr | 0.24% |
Risk & Performance Ratios
Standard Deviation
This fund
0.54%
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
-1.82
Cat. avg.
-0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.38
Higher the better
Fund Managers
LB
Laukik Bagwe
Since August 2024
Karan Mundhra
Since May 2021
Additional Scheme Detailsas of 15th August 2024
ISIN | INF740K01QQ3 | Expense Ratio | 1.02% | Exit Load | No Charges | Fund Size | ₹2,849 Cr | Age | 31 Jul 2006 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Ultra Short Duration Debt 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 Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹236.10 Cr | 6.7% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹551.95 Cr | 6.6% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1247.36 Cr | 7.3% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1247.36 Cr | 7.5% |
| LIC MF Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹195.99 Cr | 7.4% |
| LIC MF Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹195.99 Cr | 6.6% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹2139.50 Cr | 7.0% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7599.90 Cr | 7.0% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹250.38 Cr | 7.1% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹250.38 Cr | 7.6% |
About the AMC
Total AUM
₹1,79,723 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
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We're here to help.
What is the current NAV of DSP Ultra Short Fund Regular Growth?
The NAV of DSP Ultra Short Fund Regular Growth, as of 05-Sep-2024, is ₹3214.47.
What are the returns of DSP Ultra Short Fund Regular Growth?
The fund has generated 6.93% over the last 1 year and 5.44% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of DSP Ultra Short Fund Regular Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 38.28% in bonds, and 61.47% in cash and cash equivalents.
Who manages the DSP Ultra Short Fund Regular Growth?
The fund managers responsible for DSP Ultra Short Fund Regular Growth are:-
- Laukik Bagwe
- Karan Mundhra
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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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.
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.