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DSP Ultra Short Fund Direct Plan Dividend Payout

Debt

  

Ultra Short Duration Fund

NAV

1092.823 + 0.8202

as on (03 Apr, 2020)

RETURNS

4.18 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.3 %

Benchmark

CRISIL Liquid Fund TR INR

Asset Size

2594 Cr.

(As of 30 Apr, 2019)

Risk

Moderately Low

Objective

An Open ended income Scheme, seeking to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities.

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Fund manager

Kedar Karnik

(since 17 Jul, 2016)

Exit load

N / A

Minimum sip

₹ 500

minimum investment

₹ 500

Top Holdings

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.

Company

Assets

Indiabulls Housing Finance Limited

3.84 %

Power Finance Corporation Ltd.

3.38 %

ECL Finance Limited

3.36 %

Shriram City Union Finance Limited

3.3 %

Sector Allocation

About the Scheme Type

Ultra Short Duration Fund

Short Duration Mutual Funds usually have an investment horizon spanning about 1 – 3 years, with a scope to be extended to 4 years. Short Duration Mutual Funds are often accompanied by modest risks and non-volatile returns and theydo not even attract penalty on pre-mature withdrawals. These are usually beneficial for investors with lower risk appetite and offer greater post tax returns in comparison to other non-equitycounterparts of the same tenure.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

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Overview of DSP Investment Managers Private Limited

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:

  • Fiduciary to clients – An unwavering mindset of putting client’s interests first.
  • Passionate – Highly passionate about our work and intensely focused on performing at the highest level.
  • Innovators – Relentless in challenging the status quo and constantly out-think ourselves to deliver the best of DSP to every single client.
  • One DSP – We work towards and celebrate each other’s success, acknowledge and learn from our failures together, focus as a team on raising our game, collectively.