DSP Ultra Short Fund Direct Plan Growth
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Low to Moderate Risk|
|Fund Type||Ultra Short Duration|
More about this fund
|8.79% Govt Stock 2021||10.44%|
|National Highways Authority of India||7.96%|
|Power Finance Corporation Limited||4.26%|
|LIC Housing Finance Limited||3.65%|
|Small Industries Development Bank of India||3.1%|
|Housing Development Finance Corporation Limited||3%|
|Power Finance Corporation Limited||2.9%|
|6.17% Govt Stock 2021||2.79%|
|LIC Housing Finance Limited||1.53%|
|Housing Development Finance Corporation Limited||1.52%|
About DSP Ultra Short Fund - Direct Plan - Growth
The DSP Ultra Short Fund - Direct Plan - Growth aims to offer regular income, by investing in a mix of low-risk securities and government securities. The fund manager focuses on bonds that mature in three to six months, to generate a regular income for the investors.
Pros and Cons of DSP Ultra Short Fund - Direct Plan - Growth
DSP Ultra Short Fund - Direct Plan - Growth, invests in a portfolio of money market instruments and government bonds. The fund manager invests in low-risk securities to protect the capital, and government securities to generate a regular income for the investors. On the flip side, the fund invests in government securities and is susceptible to a rise in interest rates.
Fund Information and Statistics
i) Inception/Launch Date
DSP Ultra Short Fund was launched on 01 January 2013.
ii) Risk Level
DSP Mutual Fund has placed the DSP Ultra Short Fund under the 'moderately low risk category'. It is riskier as compared to liquid funds.
The DSP Ultra Short Fund is open-ended and you can redeem the investment at any time.
iv) Fund Manager
Mr Kedar Karnik is the current fund manager of DSP Ultra Short Fund.
v) Entry/Exit Load
SEBI norms have stopped mutual fund houses from levying an entry load. The fund has no exit load.
About DSP Mutual Fund
DSP Mutual Fund formerly known as DSP BlackRock Mutual Fund, was established as a joint venture between DSP Group of India and Merrill Lynch of the USA. It registered with the Securities and Exchange Board of India (SEBI) way back in 1996. It has DSP HMK Holdings, DSP Adiko Holdings and BlackRock Inc. as the sponsors. It has DSP BlackRock Trustee Company Pvt. Ltd. as the trustee. As of June 2020, the fund had assets under management (AUM) of a mammoth Rs 73,450 crore.
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Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns