Money Market Fund
Fund Type
Open Ended
Investment Plan
Dividend Reinvestment
Expense Ratio
1%
Asset Size
2661.67 Cr.
(As of 30 Apr, 2022)
Benchmark
CRISIL Money Market TR INR
Riskometer
Investors understand that their principal will be at Low to Moderate Risk.
The primary investment objective of the Scheme is to generate income through investment in a portfolio comprising of money market instruments with maturity less than or equal to 1 year.
Fund manager
Kedar Karnik
Exit load
N / A
Minimum sip
₹500
Minimum investment
₹500
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
364 Dtb 16032023
7.22%
08.60 Tn SDL 2023
4.74%
364 Dtb 09032023
3.61%
364 Dtb 30032023
3.60%
Money Market Mutual Funds invest in high quality and ultra safeliquid instruments like commercial papers, treasury bills (T-Bills), Repurchase Agreements (Repos) and Certificate of Deposits. With an average maturity of one year, Money Market Mutual Funds are used to manage short-run cash needs and deals only in either cash or cash equivalents. Its main aim is to keep the fluctuations in the fund’s NAV to a minimum
This fund is rated 2 stars by Morning Star Ratings.
DSP Mutual Fund Group is one of the oldest (152 years) and most respected financial services firms in India. The DSP Mutual Fund is one of India’s premier asset management companies, with over 20 years of track record of investment excellence, headed by Mr. Hemendra Kothari. DSP Mutual Fund commenced its stock broking business in the 1860s and the family behind the group has been very influential in the growth and professionalization of capital markets and money management business in India. The DSP Fund is intensely committed and single-mindedly focused on delivering long term investment excellence to our customers’ portfolios. Our beliefs and values are anchored across the following four key pillars: