DSP Ultra Short Fund - Direct Plan
Returns
Risk
This fund has Moderate risk.
As per SEBI's Riskometer.
Portfolio of DSP Ultra Short Fund - Direct Plan
Asset Allocation
Split between different types of investments
Credit Rating Weightage
Split between categories of Equity investments
Peer Comparison
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
DSP Ultra Short Fund - Direct Plan
|
Moderate
|
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0.30 |
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|
Moderate
|
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0.35 |
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|
Moderate
|
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0.39 |
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|
Moderate
|
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0.28 |
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|
Moderate
|
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0.35 |
Other details of DSP Ultra Short Fund - Direct Plan
Assets
₹4,167 Cr
Exit Load (Days)
--
Min. Investment (₹)
100
Min. Withdrawal (₹)
500
Min. SIP Investment (₹)
100
Min. No of Cheques
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 ₹4,167 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:
- Parking emergency corpus or idle money for capital preservation
- Earning slightly higher returns than savings bank account, with low volatility
- Investment horizon of 3 months to 1 year
Note:
- There is no guarantee of returns
- Not suitable for long-term wealth creation
Capital Gains Taxation
- If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
- If investment is made before 1 April 2023:
- Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
- Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
- No tax is to be paid as long as you continue to hold the units.
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
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on DSP Ultra Short Fund - Direct Plan
FAQ for DSP Ultra Short Fund - Direct Plan
How to Invest in DSP Ultra Short Fund - Direct Plan?
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.
What is the current NAV of DSP Ultra Short Fund - Direct Plan Today?
The latest declared NAV of DSP Ultra Short Fund - Direct Plan, is ₹3,907.4444 as of 26-May-2026.
What are the top holdings of DSP Ultra Short Fund - Direct Plan?
| Company | Percentage of Portfolio |
|---|---|
|
National Bank For Agriculture & Rural Development SR 23H Debenture 7.58 31/07/2026 |
5.58
|
|
HDFC Bank Ltd CD 05/02/2027 |
3.41
|
|
Canara Bank CD 04/03/2027 |
3.39
|
|
Godrej Properties Ltd SR A NCD 8.15 03/07/2026 |
3.21
|
|
Small Industries Devp. Bank of India Ltd CD 06/11/2026 |
2.78
|
What is the return of DSP Ultra Short Fund - Direct Plan in the last 5 years?
Over the past five years, DSP Ultra Short Fund - Direct Plan has delivered an annualised return of 6.36% as of 26-May-2026.
What is the minimum investment required in DSP Ultra Short Fund - Direct Plan?
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.



