- Mutual Funds
- DSP Mutual Fund
- DSP Savings Fund Direct Growth
DSP Savings Fund Direct Plan Growth
₹ 53.65
NAV (Apr 29)
Money Market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Money Market Funds invest in money market instruments with maturity upto 1 year.
This category accounts for close to 5% of the total Debt fund assets.
Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Scheme Information
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.
Expense Ratio | 0.25 % |
Launched 12Y ago | 2013-01-01 |
AUM in Crores | 4324.8 |
ISIN | INF740K01NU2 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Money Market A-I Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 0.6 |
Beta | 1.4 |
Sharpe Ratio | 0.5 |
YTM | - |
Asset allocation and Holdings
Top Debt Holdings
National Bank For Agriculture & Rural Development
6.21%Union Bank of India
5.18%Small Industries Devp. Bank of India Ltd.
4.66%Small Industries Devp. Bank of India Ltd.
4.16%LIC Housing Finance Ltd.
4.15%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 14,724 cr | ||
₹ 42,292 cr | ||
₹ 9,086 cr | ||
₹ 13,733 cr |
