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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
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|---|---|---|---|---|---|---|
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DSP Ultra Short Fund - Direct Plan
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Moderate
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0.30 |
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Low to Moderate
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0.38 |
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Moderate
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0.33 |
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|
Moderate
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0.29 |
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Low to Moderate
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0.14 |
₹3,714 Cr
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100
500
100
12
About DSP Ultra Short Fund - Direct Plan
DSP Ultra Short Fund - Direct Plan is a debt mutual fund scheme of DSP Mutual Fund. Launched on January 01, 2013, it is currently managed by Karan Mundhra and Shalini Vasanta. The fund has an expense ratio of 0.30% with an overall AUM (Assets Under Management) of ₹3,714 Cr.
DSP Ultra Short Fund - Direct Plan is mandated to invest in bonds such that the duration of the portfolio is between three to six months. The fund allows minimum lumpsum investment of ₹100 and minimum SIP of ₹100.
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.
Suitability
Ultra Short Duration funds are suitable for:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of DSP Ultra Short Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, DSP Ultra Short Fund - Direct Plan can be bought from the DSP Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of DSP Ultra Short Fund - Direct Plan, is ₹3,866.0110 as of 19-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
National Bank For Agriculture & Rural Development SR 23H Debenture 7.58 31/07/2026 |
4.08
|
|
Union Bank of India CD 01/06/2026 |
3.97
|
|
Godrej Properties Ltd SR A NCD 8.15 03/07/2026 |
3.55
|
|
Small Industries Devp. Bank of India Ltd CD 06/11/2026 |
3.08
|
|
Aadhar Housing Finance Ltd Debenture 8.50 26/05/2026 |
2.78
|
Over the past five years, DSP Ultra Short Fund - Direct Plan has delivered an annualised return of 6.30% as of 19-Mar-2026.
The minimum investment required to start investing in DSP Ultra Short Fund - Direct Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.