1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Ultra Short Duration debt funds invest in bonds maturing in three to six months. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. 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.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.05 | 0.01 | -0.03 | 0.18 | 0.69 | 1.54 | 4.54 | 5.60 | 6.06 | 6.70 | 7.34 |
CCIL T Bill Liquidity Weight | 0.05 | 0.02 | -0.01 | 0.16 | 0.51 | 1.10 | 3.02 | 3.82 | 4.02 | 4.45 | 4.70 |
Debt: Ultra Short Duration | 0.07 | 0.00 | -0.02 | 0.21 | 0.80 | 1.75 | 4.97 | 5.83 | 6.37 | 7.07 | 7.87 |
Rank within category | 21 | 5 | 19 | 23 | 22 | 21 | 19 | 10 | 10 | 12 | 11 |
Number of funds in category | 28 | 28 | 28 | 28 | 28 | 27 | 26 | 15 | 15 | 14 | 12 |
As on 15-Jan-2021
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
DSP Ultra Short Fund - Regular Plan | Invest Online | Jul-06 | 4.54 | 5.60 | 6.06 | 1.01 | 3,263 | |
Aditya Birla Sun Life Savings Fund | Invest Online | Nov-01 | 6.76 | 7.61 | 7.85 | 0.48 | 16,540 | |
SBI Magnum Ultra Short Duration Fund | Invest Online | May-99 | 5.66 | 7.17 | 7.14 | 0.49 | 14,272 | |
HDFC Ultra Short Term Fund - Regular Plan | Invest Online | Sep-18 | 6.25 | -- | -- | 0.64 | 14,228 | |
Kotak Savings Fund Regular Plan | Invest Online | Aug-04 | 5.62 | 6.95 | 7.13 | 0.76 | 12,428 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 1.04 (24-Mar-2020 - 31-Mar-2020) | -0.95 (17-Dec-2018 - 24-Dec-2018) |
Month | 1.62 (24-Mar-2020 - 23-Apr-2020) | -0.46 (27-Aug-2018 - 26-Sep-2018) |
Quarter | 3.30 (24-Jul-2013 - 23-Oct-2013) | 0.32 (24-Dec-2019 - 24-Mar-2020) |
Year | 10.15 (24-Jul-2013 - 24-Jul-2014) | 3.46 (30-Jun-2009 - 30-Jun-2010) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 5.53 | 0.91 | 0.84 | 0.85 | 1.34 | 2.08 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Ultra Short Duration | 5.88 | 1.60 | 1.75 | 3.34 | 1.14 | 2.23 |
Rank within category | 12 | 11 | 12 | 12 | 11 | 10 |
Number of funds in category | 17 | 17 | 17 | 17 | 17 | 17 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2020
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Number of Securities | 35 | 48 | 34 | 39 |
Modified Duration (yrs) | 0.37 | 0.46 | 0.34 | -- |
Average Maturity (yrs) | 0.39 | 0.49 | 0.35 | -- |
Yield to Maturity (%) | 3.35 | 6.06 | 3.35 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Reserve Bank of India 182-D 18/03/2021 | Treasury Bills | SOV | 0.00 - 11.27 | 9.14 |
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Bank of Baroda 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 6.05 | 6.05 |
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Axis Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 5.28 | 5.28 |
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HDFC 162-D 28/05/2021 | Commercial Paper | A1+ | 0.00 - 5.14 | 5.14 |
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National Bank Agr. Rur. Devp 180-D 21/06/2021 | Commercial Paper | A1+ | 0.00 - 4.52 | 4.52 |
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7.47% Power Finance Corp. 16/09/2021 | Bonds | AAA | 0.00 - 4.50 | 4.50 |
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7.24% LIC Housing Fin. 23/08/2021 | Non Convertible Debenture | AAA | 0.00 - 4.72 | 3.85 |
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8.50% SIDBI 21/06/2021 | Debenture | AAA | 0.00 - 3.71 | 3.27 |
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8.15% REC 18/01/2021 | Bonds/Debentures | AAA | 0.00 - 4.12 | 3.26 |
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7.50% Power Finance Corp. 16/08/2021 | Debenture | AAA | 0.00 - 3.76 | 3.06 |
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Reserve Bank of India 364-D 08/04/2021 | Treasury Bills | SOV | 0.00 - 3.04 | 3.04 |
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HDFC Securities 127-D 30/04/2021 | Commercial Paper | A1+ | 0.00 - 3.03 | 3.03 |
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Ultratech Cement 2021 | Commercial Paper | A1+ | 0.00 - 3.03 | 3.03 |
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Hero FinCorp 214-D 17/05/2021 | Commercial Paper | A1+ | 0.00 - 3.43 | 3.02 |
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Tata Capital Financial Services 245-D 29/06/2021 | Commercial Paper | A1+ | 0.00 - 3.41 | 3.01 |
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Axis Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 2.99 | 2.99 |
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ICICI Bank 15/01/2021 | Certificate of Deposit | A1+ | 0.00 - 2.65 | 2.34 |
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Reliance Industries 327-D 15/06/2021 | Commercial Paper | A1+ | 0.00 - 4.38 | 2.26 |
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Cholamandalam Invest. & Fin. 25/06/2021 | Commercial Paper | A1+ | 0.00 - 2.26 | 2.26 |
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Export-Import Bank 14/12/2021 | Certificate of Deposit | A1+ | 0.00 - 2.22 | 2.22 |
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7.70% REC 15/03/2021 | Bonds/NCDs | AAA | 0.00 - 1.91 | 1.79 |
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8.25% LIC Housing Fin. 17/09/2021 | Non Convertible Debenture | AAA | 0.00 - 1.83 | 1.62 |
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6.95% LIC Housing Fin. 2021 | Debenture | AAA | 0.00 - 1.98 | 1.61 |
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Reliance Industries 325-D 15/03/2021 | Commercial Paper | A1+ | 0.00 - 1.88 | 1.52 |
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Bahadur Chand Investments | Commercial Paper | A1+ | 0.00 - 1.51 | 1.51 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
*As on 30-Nov-2020
— Kedar Karnik since 18-Jul-2016
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..
Funds Managed:
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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.
Minimum Investment (₹) | 500 |
Minimum Addl Investment (₹) | 500 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 12 |
Minimum Withdrawal (₹) | 500 |
Minimum Balance (₹) | 500 |
Exit Load | 0 |
Fund House: | DSP Mutual Fund |
Launch Date: | 31-Jul-2006 |
Return Since Launch: | 7.07% |
Benchmark: | CRISIL Ultra ST Debt TRI |
Riskometer: | Moderately Low |
Type: | Open-ended |
Assets: | ₹ 3,263 Cr (As on 31-Dec-2020) |
Expense: | 1.01% (As on 31-Dec-2020) |
Risk Grade: | Average |
Return Grade: | Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 07-Jan-2021 | 0.0821 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Weekly | 06-Jan-2021 | 0.7082 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend | 28-Dec-2020 | 8.5594 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 28-Dec-2020 | 1.8687 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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AMC: DSP Investment Managers Pvt. Ltd.
Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069
Phone: 022-66178000
Fax: 022-56578181
Website: https://www.dspim.com/
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com