- Mutual Funds
- DSP Mutual Funds
- DSP Savings Fund (PIDCW-6M)
Formerly DSP BlackRock Savings Reg DP
DSP Savings Fund (PIDCW-6M)
₹ 12.1006
NAV (Oct 03)
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 12.1006
NAV (Oct 3)
Fund Returns
Last 1Y | 3.4% |
Last 3Y | 3.4% |
Last 5Y | 3.9% |
Last 10Y | 4.3% |
Since Inception | 5.2% |
6 Month CAGR | 0.1% |
Scheme Information
The primary investment objective of the Scheme is to generate income through investment in a portfolio comprising of money market instruments with maturity less than or equal to 1 year.
Expense Ratio | 0.52 |
Launched (24y ago) | Sep 30, 1999 |
AUM in Crores | 4830.848 |
ISIN | INF740K01706 |
Lock-in | No Lock-in |
Benchmark | CRISIL Money Market TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 2 |
Standard Deviation (5yr) | 2.1 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.683 |
Sharpe Ratio (5yr) | -0.562 |
YTM | 7.31 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| DSP Savings Fund (PIDCW-6M) | 8,04,124 | 71,512 | 3.9% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
364 Days Treasury Bill 07-03-2024
8.8%small industries development bank of india
7.5%national bank for agriculture and rural development
5%canara bank
5%364 Days Treasury Bill 14-03-2024
4.5%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
DSP Investment Managers Private Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
26.4% | 14.6% | ||
26.2% | 14.3% | ||
26.2% | 14.3% | ||
42% | 17.2% | ||
27.6% | 11.3% |
DSP Savings Fund (PIDCW-6M) Review
DSP Savings Fund (PIDCW-6M) is a Money Market Debt fund and has delivered an annualised return of 5.2% over a period of 24 years. The fund was previously known as DSP BlackRock Savings Reg DP. The fund is managed by DSP Investment Managers Private Limited. The fund managers are Karan Mundhra, Kedar Karnik.
Nav of DSP Savings Fund (PIDCW-6M) as of 10/3/2023 is ₹12.10 with the total AUM as of 10/4/2023 is ₹4830.848. With Scripbox you can compare and check the latest nav for all mutual funds in India. DSP Savings Fund (PIDCW-6M) was launched on Sep 30, 1999. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for DSP Savings Fund (PIDCW-6M) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
DSP Savings Fund (PIDCW-6M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Money Market TR INR.
DSP Savings Fund (PIDCW-6M) is rated as a 1 fund in Debt and delivered 3.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with DSP Savings Fund (PIDCW-6M).
Frequently Asked Questions
What is DSP Savings Fund (PIDCW-6M)?
How to invest in DSP Savings Fund (PIDCW-6M)?
You can invest in DSP Savings Fund (PIDCW-6M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of DSP Savings Fund (PIDCW-6M)?
The minimum sip amount for DSP Savings Fund (PIDCW-6M) is ₹0. You can invest in multiples of ₹5000.
Is DSP Savings Fund (PIDCW-6M) good to invest in?
As per Scripbox experts, DSP Savings Fund (PIDCW-6M) is a Not Recommended fund. You can investDSP Savings Fund (PIDCW-6M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the DSP Savings Fund (PIDCW-6M)?
The expense ratio of the DSP Savings Fund (PIDCW-6M) is 0.52% for regular plan.