1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Money Market debt funds invest in bonds with a maturity of up to one year. 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 | 0.07 | 0.00 | 0.03 | 0.21 | 0.75 | 1.66 | 5.54 | 6.86 | 6.60 | 6.93 | 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: Money Market | 0.09 | 0.01 | 0.01 | 0.23 | 0.79 | 1.75 | 5.41 | 6.79 | 6.98 | 7.46 | 8.01 |
Rank within category | 15 | 19 | 5 | 15 | 13 | 12 | 10 | -- | -- | -- | -- |
Number of funds in category | 20 | 20 | 20 | 20 | 19 | 19 | 18 | 12 | 12 | 12 | 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 Savings Fund | Invest Online | Sep-99 | 5.54 | 6.86 | 6.60 | 0.48 | 1,932 | |
HDFC Money Market Fund | Invest Online | Nov-99 | 6.41 | 7.28 | 7.14 | 0.35 | 11,197 | |
Aditya Birla Sun Life Money Manager Fund | Invest Online | Oct-05 | 6.46 | 7.46 | 7.36 | 0.34 | 9,548 | |
ICICI Prudential Money Market Fund | Invest Now | Mar-06 | 6.08 | 7.19 | 7.16 | 0.33 | 8,884 | |
Tata Money Market Fund - Regular Plan | Invest Online | May-03 | 6.25 | 4.67 | 5.63 | 0.44 | 1,524 |
Best (Period) | Worst (Period) | |
---|---|---|
Week | 1.93 (24-Jul-2013 - 31-Jul-2013) | -1.39 (17-Mar-2020 - 24-Mar-2020) |
Month | 2.73 (24-Mar-2020 - 23-Apr-2020) | -1.44 (15-Jan-2003 - 14-Feb-2003) |
Quarter | 4.71 (16-Jul-2013 - 15-Oct-2013) | -0.64 (24-Dec-2019 - 24-Mar-2020) |
Year | 13.90 (25-Aug-2000 - 27-Aug-2001) | 2.23 (08-Apr-2009 - 08-Apr-2010) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 6.72 | 0.86 | 2.27 | 4.88 | 1.49 | 3.42 |
CCIL T Bill Liquidity Weight | 3.78 | 0.34 | -2.89 | -5.80 | -- | -- |
Debt: Money Market | 6.73 | 1.04 | 2.76 | 5.46 | 1.34 | 3.28 |
Rank within category | 10 | 12 | 11 | 10 | 14 | 6 |
Number of funds in category | 15 | 15 | 15 | 15 | 15 | 15 |
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 | 26 | 31 | 15 | 39 |
Modified Duration (yrs) | 0.25 | 0.83 | 0.11 | -- |
Average Maturity (yrs) | 0.26 | 0.88 | 0.11 | -- |
Yield to Maturity (%) | 3.11 | 6.03 | 3.11 | -- |
Avg Credit Rating | AAA | -- | -- | -- |
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Company | Instrument | Credit Rating | 1Y Range | % Assets | |
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Larsen & Toubro 247-D 26/03/2021 | Commercial Paper | A1+ | 0.00 - 9.00 | 9.00 |
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Export-Import Bank 2021 | Certificate of Deposit | A1+ | 0.00 - 9.97 | 8.75 |
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HDFC 317-D 10/03/2021 | Commercial Paper | A1+ | 0.00 - 7.59 | 7.21 |
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Reserve Bank of India 182-D 25/03/2021 | Treasury Bills | SOV | 0.00 - 7.24 | 6.43 |
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Tata Capital Housing Finance 364-D 10/03/2021 | Commercial Paper | A1+ | 0.00 - 9.86 | 5.15 |
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Axis Finance 364-D 05/03/2021 | Commercial Paper | A1+ | 0.00 - 9.85 | 5.15 |
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Union Bank of India 24/02/2021 | Certificate of Deposit | A1+ | 0.00 - 7.98 | 5.15 |
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Reserve Bank of India 182-D 11/03/2021 | Treasury Bills | SOV | 0.00 - 5.15 | 5.15 |
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Reserve Bank of India 182-D 18/03/2021 | Treasury Bills | SOV | 0.00 - 5.14 | 5.14 |
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Reliance Industries 364-D 02/03/2021 | Commercial Paper | A1+ | 0.00 - 9.96 | 4.22 |
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National Bank Agr. Rur. Devp 18/02/2021 | Certificate of Deposit | A1+ | 0.00 - 7.50 | 3.87 |
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Bank of Baroda 2021 | Certificate of Deposit | A1+ | 0.00 - 10.02 | 3.35 |
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Deutsche Investments 2021 | Commercial Paper | A1+ | 0.00 - 3.09 | 3.09 |
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Reliance Jio Infocomm 365-D 09/02/2021 | Commercial Paper | A1+ | 0.00 - 3.96 | 2.58 |
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Kotak Mahindra Prime 365-D 16/02/2021 | Commercial Paper | A1+ | 0.00 - 2.76 | 2.58 |
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ICICI Securities 24/03/2021 | Commercial Paper | A1+ | 0.00 - 2.57 | 2.57 |
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Reliance Industries 325-D 15/03/2021 | Commercial Paper | A1+ | 0.00 - 2.57 | 2.57 |
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SIDBI 2021 | Commercial Paper | A1+ | 0.00 - 4.98 | 2.57 |
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SIDBI 16/03/2021 | Commercial Paper | A1+ | 0.00 - 3.98 | 2.57 |
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HDFC 357-D 24/02/2021 | Commercial Paper | A1+ | 0.00 - 3.04 | 2.06 |
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Bank of Baroda 2021 | Certificate of Deposit | A1+ | 0.00 - 1.53 | 1.29 |
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Reliance Industries 364-D 10/03/2021 | Commercial Paper | A1+ | 0.00 - 1.38 | 1.29 |
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Kotak Mahindra Prime 339-D 26/03/2021 | Commercial Paper | A1+ | 0.00 - 1.96 | 1.28 |
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ICICI Bank 25/01/2021 | Certificate of Deposit | A1+ | 0.00 - 6.01 | 0.52 |
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National Bank Agr. Rur. Devp 2021 | Certificate of Deposit | A1+ | 0.00 - 3.33 | 0.52 |
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 seeks to generate income through investment in a portfolio comprising of Treasury Bills and other Central Government Securities with a residual maturity less than or equal to 1 year.
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: | 30-Sep-1999 |
Return Since Launch: | 6.84% |
Benchmark: | CRISIL Money Market Index |
Riskometer: | Moderately Low |
Type: | Open-ended |
Assets: | ₹ 1,932 Cr (As on 31-Dec-2020) |
Expense: | 0.48% (As on 31-Dec-2020) |
Risk Grade: | -- |
Return Grade: | Average |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Daily | 14-Jan-2021 | 0.0003 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Monthly | 28-Dec-2020 | 0.0204 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Half Yearly | 28-Sep-2020 | 0.4227 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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