These are the top-ranked funds within money market mutual funds.However, Scripbox does not recommend investing in money market mutual funds.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.
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Historical NAV
₹ 12.0566
NAV (Oct 21)
Fund Returns
Last 1Y
3.6%
Last 3Y
5.2%
Last 5Y
3.7%
Last 10Y
4.9%
Since Inception
5.4%
6 Month CAGR
1.8%
Scheme Information
Investment Objective
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.
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.
DSP Investment Managers Private Limited manages assets worth 116,852 crores and was set up on 13 May 1996. It's current offering of mutual fund schemes includes 54 equity,157 debt and 26 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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About DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M)
About DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M)
DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) is a Money Market Debt fund and has delivered an annualised return of 5.4% over a period of 22 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
DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) Investment Objective
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. . However, there is no assurance that the objective of the scheme will be realized.
DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) NAV,AUM,Risk
The DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) fund was launched on Sep 30, 1999. The NAV (Net Asset Value) of this Money Market Debt fund as of 2021-10-21 is ₹12.06. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹2788.161. The category risk of the DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) fund is Moderate Risk. The fund charges 0.49 % as expense ratio.
DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) Holdings
The fund’s highest allocation is towards Others and has invested 79.4% in this asset class. The top three holdings of the fund are , 8.20% govt stock 2022 , small industries development bank of india , 364 dtb 30032022 , axis bank limited , housing development finance corporation limited , hdfc bank limited , kotak mahindra bank limited , idfc first bank limited , treps / reverse repo investments / corporate debt repo , cholamandalam investment and fin. co. ltd , can fin homes limited , export-import bank of india , export-import bank of india , deutsche investments india private limited , indusind bank limited , icici securities limited , hero fincorp limited , tv18 broadcast limited , l & t infrastructure finance company limited , bajaj financial securities limited , network18 media & investments limited (earlier network 18 fincap ltd) , 364 dtb 11032022 , hero housing finance limited , infina finance private limited , indusind bank limited , national bank for agriculture and rural development , hero fincorp limited , 364 dtb 24032022 , 364 dtb 17032022 , cholamandalam investment and fin. co. ltd , network18 media & investments limited , net receivables/payables
DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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.
DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) Investment volatility and Horizon
This fund 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 of Income Distribution cum capital Wdrl Opt (PIDCW-6M) Review
DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) has a score of 4 on a scale of 5. The fund has a score of 5 out of 5 based on historical performance. As compared to the other funds in its category, DSP Savings Fund of Income Distribution cum capital Wdrl Opt (PIDCW-6M) has a score of 3out of 5
The credit risk of the fund is 4 out of 5 as compared to other debt funds.
