DSP Ultra Short Term Fund

NAV Growth: Rs 3,355.8825
Weekly NAV IDCW: Rs 1,005.9343
Monthly NAV IDCW: Rs 1,076.7314
NA IDCW: Rs 1,130.3790

Suitable For Which Investors?
“Ultra-short Term funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
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. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run.”

Fund’s Investment Strategy:
The scheme aims to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities.

Fund Manager:

1) Karan Mundra
Education: Mr. Mundra is a B. COM. and Charted Accountant (CA)
Experience: He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.
2) Kedar Karnik
Education: Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Experience: Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..

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	7.07%
Benchmark	CRISIL Ultra Short Duration Debt A-I Index
Riskometer	Low to Moderate
Type	Open-ended
Assets	Rs 2,771 Cr
	(As on 29-Feb-2024)
Expense	0.30%
	(As on 29-Feb-2024)
Risk Grade	Above Average
Return Grade	Average