DSP Ultra Short Fund - Growth - Regular Plan

₹2560.13 0.01 %Nav, as on 11-12-2019
Previous Nav
₹ 2559.7774
Net Change on 11-12-2019
₹0.35
PersonalFN Rating

2 PersonalFN
Category
Debt - Ultra Short Duration Fund
Assets (Cr.)
₹ 2,752.07
Expense Ratio
1%
(As on Oct 31, 2019)

Fund Overview Growth | Regular Plan

Fund House
DSP Mutual Fund
Launch Date
31-Jul-2006
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
500
Minimum Addl Investment (₹)
500
Exit Load (%)
Nil
Minimum SIP Investment (₹)
500
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
2384.46
52 Week Low Nav Date
18-Dec-2018
52 Week High Nav (₹)
2559.78
52 Week High Nav Date
10-Dec-2019

Fund Objective

To seek to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
DSP Ultra Short Fund - Regular Plan - Growth	5.59	6.10	6.34	6.13	6.78	7.28
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Ultra Short Term Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
DSP Ultra Short Fund - Regular Plan - Growth	Jul 31, 2006	6.34	6.13	6.78	1.00	2,752.07
Aditya Birla Sun Life Savings Fund - Discipline Advantage Plan	Jun 23, 2009	9.23	7.98	8.44	0.37	15,871.30
Aditya Birla Sun Life Savings Fund - Growth - Regular Plan	Apr 16, 2003	8.73	7.73	8.29	0.37	15,871.30
SBI MAGNUM ULTRA SHORT DURATION FUND - REGULAR PLAN - GROWTH	May 19, 1999	8.19	7.52	7.72	0.50	12,723.24
Kotak Savings Fund -Growth	Aug 13, 2004	8.09	7.31	7.76	0.76	11,764.91
ICICI Prudential Ultra Short Term Fund - Growth	May 03, 2011	8.61	7.58	8.35	0.94	6,828.86

Fund Holdings as on 30-November-2019

Company % Assets
TREPS / Reverse Repo Investments / Corporate Debt Repo
9.95
Bank of Baroda**
7.96
Power Finance Corporation Limited**
4.86
Export-Import Bank of India**
3.58
Tata Realty And Infrastructure Limited**
3.56
REC Limited**
3.51
Bajaj Finance Limited**
3.51
Axis Bank Limited**
3.51
Kotak Mahindra Prime Limited**
3.49
Hero Fincorp Limited**
3.04
Housing Development Finance Corporation Limited**
2.65
National Bank for Agriculture and Rural Development**
2.65
National Bank for Agriculture and Rural Development**
2.62
ICICI Bank Limited**
2.61
Axis Bank Limited**
2.33
REC Limited**
1.99
Grasim Industries Limited**
1.96
National Housing Bank**
1.95
REC Limited**
1.93
Housing Development Finance Corporation Limited**
1.90
LIC Housing Finance Limited**
1.89
ICICI Bank Limited**
1.79
Indian Bank**
1.77
Tata Capital Financial Services Limited**
1.77
Small Industries Development Bank of India**
1.76
Kotak Mahindra Bank Limited**
1.73
Tata Capital Housing Finance Limited**
1.43
Housing Development Finance Corporation Limited**
1.15
Power Finance Corporation Limited**
0.96
Power Finance Corporation Limited**
0.95
Bajaj Finance Limited**
0.95
Kotak Mahindra Prime Limited**
0.94
REC Limited**
0.94
Housing Development Finance Corporation Limited**
0.94
LIC Housing Finance Limited**
0.94
Indian Railway Finance Corporation Limited**
0.92
ICICI Bank Limited**
0.90
HDB Financial Services Limited**
0.90
Kotak Mahindra Prime Limited**
0.89
National Bank for Agriculture and Rural Development**
0.88
Sundaram Finance Limited**
0.88
Small Industries Development Bank of India**
0.88
ICICI Bank Limited**
0.87
Housing Development Finance Corporation Limited**
0.87
Housing Development Finance Corporation Limited**
0.76
REC Limited**
0.58
REC Limited**
0.39
Mahindra & Mahindra Financial Services Limited**
0.38
Cholamandalam Investment and Finance Company Limited**
0.36
MFL Securitisation Trust - LII**
0.14
Net Receivables/Payables
-0.08

Sector Holding%
Miscellaneous
31.37

About DSP Ultra Short Fund

Scheme Analysis

DSP Ultra Short Fund is a Debt - Ultra Short Duration Fund fund and belongs to DSP Mutual Fund. It was launched on 31-Jul-2006 and currently has an AUM of ₹2,752.07 crore. DSP Ultra Short Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Ultra Short Term Debt Index as secondary index.

The NAV of DSP Ultra Short Fund ended up ₹0.35(0.01%)yesterday to ₹2560.13.

Among its top 3 holdings the fund has exposure to TREPS / Reverse Repo Investments / Corporate Debt Repo, Bank of Baroda** and Power Finance Corporation Limited**

The DSP Ultra Short Fund is managed by Kedar Karnik and Rahul Vekaria.

Fund House Contact

Address:

Mafatlal Centre, 10th Floor, Nariman Point, Mumbai - 400 021

Phone Number: +91 (22) 66578000

Email Address: service@dspblackrock.com

Fax Number: +91 (22) 66578181

Website: https://www.dspim.com/

Fund Manager

Kedar Karnik

Education:MMS (Finance) and BE (Electronics & Telecom.)
Experience:8 Years
Basic Details:Mr. Kedar KarnikOver 8 years of experience in fund management and & financial sector ratings. His previous experience includes HSBC Asset Management (India) Pvt. Ltd. and CRISIL Ltd.
Funds Managed:
DSP Global Allocation Fund
DSP Liquidity Fund
DSP Low Duration Fund
DSP Overnight Fund
DSP Overnight Fund
DSP Savings Fund
DSP Ultra Short Fund
DSP US Flexible Equity Fund
DSP Global Allocation Fund
DSP Liquidity Fund
DSP Low Duration Fund
DSP Ultra Short Fund
DSP Savings Fund
DSP US Flexible Equity Fund

Rahul Vekaria

Holding Type Holding %
CARE A1+
3.54
CARE AAA
3.81
Cash
9.87
CRISIL A1+
22.19
CRISIL AAA
24.64
CRISIL AAA(SO)
0.14
ICRA A1+
31.69
ICRA AAA
1.96
IND A1+
1.77
IND AAA
0.38

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