March 19, 2024
mayank
DSP Short Term Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 45.3829
Weekly NAV IDCW: Rs 10.1927
Quarterly NAV IDCW: Rs 12.7486
Monthly NAV IDCW: Rs 11.6085
Suitable For Which Investors?
“Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks to generate income commensurate with prudent risk, from a portfolio constituted of money market securities and debt securities.
Fund Manager:
1) Laukik Bagwe
Education: Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience: Prior to joining DSP Mutual Fund he has worked with Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
2) Sandeep Yadav
Education: Mr. Yadav is a Computer Engineer (Pune University), PGDBM (IIM Bangalore) and a CFA chartered holder.
Experience: Prior to joining DSP, he has worked with Cognizant Technologies, Hughes Services and Mahindra British Telecom.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.78% |
| Benchmark | CRISIL Short Duration Debt A-II Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 2,984 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.34% |
| (As on 29-Feb-2024) | |
| Risk Grade | Above Average |
| Return Grade | Average |
Trailing Returns (%) of DSP Short Term Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Short Term Dir | 1.68 | 0.00 | 0.71 | 1.94 | 3.56 | 7.78 | 5.51 | 6.76 | 6.89 | 7.70 |
| CCIL T Bill Liquidity Weight | 0.96 | -0.02 | 0.33 | 1.13 | 2.26 | 4.64 | 3.22 | 3.28 | 3.52 | 4.02 |
| Debt: Short Duration | 1.70 | 0.01 | 0.67 | 1.92 | 3.69 | 7.69 | 6.27 | 6.65 | 6.79 | 7.69 |
| Rank within category | 13 | 23 | 7 | 13 | 21 | 11 | 16 | 12 | 11 | 10 |
| Number of funds in category | 25 | 25 | 25 | 25 | 25 | 25 | 22 | 21 | 18 | 18 |
Peer Comparison of DSP Short Term Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| DSP Short Term Dir | 2 star | 7.78 | 5.51 | 6.76 | 0.34 | 2,984 | 7.78 | — | 11Y 2M |
| ICICI Pru Short Term Dir | 4 star | 8.41 | 6.72 | 7.91 | 0.45 | 18,987 | 8.53 | — | 11Y 2M |
| HDFC Short Term Debt Dir | 4 star | 8.12 | 6.11 | 7.36 | 0.37 | 14,612 | 8.03 | — | 11Y 2M |
| Axis Short Term Dir | 4 star | 7.93 | 6.06 | 7.35 | 0.34 | 8,278 | 8.13 | — | 11Y 2M |
| ABSL Short Term Dir | 4 star | 8.06 | 6.44 | 7.6 | 0.38 | 7,275 | 8.62 | — | 11Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 54 | 47 |
| Macaulay Duration (yrs) | 2.91 | 2.74 |
| Average Maturity (yrs) | 3.48 | 3.42 |
| Yield to Maturity (%) | 7.74 | 7.61 |
| Avg Credit Rating | AAA | — |
How to Invest in DSP Short Term Fund?
Chanakya’s Mutual Fund Guidance For DSP Short Term Fund
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
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https://sahifund.com/category/nfos/
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-short-term-fund/