GMP IPO Watch
Debt Scheme - Money Market Fund
DSP Money Market Fund
Direct Plan · Growth · DSP Mutual Fund
Risk: Low to Moderate Risk
★★★★★
Morningstar
52W Low ₹55.28 9 Oct 2025
52W High ₹58.92 9 Oct 2026
₹58.9217
NAV as of 9 Oct 2026
+0.03% day change
Other Plans of This Fund
ISININF740K01NU2
Scheme Code119106
StructureOpen Ended Schemes
Fund HouseDSP Asset Managers Private Limited
AUM (avg. July - September 2026)₹8,050.27 Cr
Expense Ratio (as of 9 Oct 2026)0.18%
Min. InvestmentRs. 1,000/- & any amount thereafter
Inception Date20 Sept 1999
BenchmarkCRISIL Money Market A-I Index
Portfolio Turnover207.40%
NFO Period20-Sep-1999 – 23-Sep-1999
Returns
1Y
+6.59%
3Y
+7.24%
5Y
+6.51%
7Y
+6.12%
10Y
+6.45%
Since Inception
+7.01%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.16% | +0.13% | 23 of 28 |
| 1M | +0.43% | +0.27% | 17 of 28 |
| 3M | +1.71% | +1.24% | 13 of 28 |
| 6M | +3.45% | +2.42% | 11 of 28 |
| YTD | +5.15% | +3.62% | 11 of 28 |
| 1Y | +6.59% | +4.54% | 12 of 26 |
| 2Y | +7.04% | +4.90% | 12 of 24 |
| 3Y | +7.24% | +5.10% | 11 of 24 |
| 5Y | +6.51% | +4.26% | 9 of 20 |
| 7Y | +6.12% | +3.93% | 7 of 17 |
| 10Y | +6.45% | +3.86% | 4 of 13 |
| INCEPTION | +7.01% | — | — |
Ranked among: Debt Scheme - Money Market Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.72% | +4.76% | -0.59% | 100% | 41% |
| 6M | +3.45% | +7.08% | +1.09% | 100% | 41% |
| 1Y | +6.92% | +11.40% | +2.99% | 100% | 42% |
| 2Y | +6.81% | +9.77% | +3.54% | 100% | 42% |
| 3Y | +6.69% | +8.94% | +4.56% | 100% | 42% |
| 5Y | +6.53% | +7.95% | +5.74% | 100% | 42% |
| 7Y | +6.56% | +7.97% | +6.06% | 100% | 43% |
| 10Y | +6.60% | +6.96% | +6.40% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt102.95%
- Cash-2.95%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings112
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Small Industries Development Bank of India** | Money Market | 3.02% | +0.37% |
| Punjab National Bank | Money Market | 3.01% | +0.81% |
| Panatone Finvest Limited** | Money Market | 2.73% | +0.74% |
| Export-Import Bank Of India** | Money Market | 2.41% | +0.65% |
| HDFC Bank Limited** | Money Market | 2.40% | +0.64% |
| Small Industries Development Bank of India | Money Market | 2.33% | +0.63% |
| 364TB31126 | Money Market | 2.21% | -0.53% |
| Canara Bank | Money Market | 2.11% | +1.89% |
| National Bank For Agriculture & Rural Development** | Money Market | 2.10% | +0.56% |
| Small Industries Development Bank of India** | Money Market | 1.81% | +0.27% |
| Kotak Mahindra Bank Limited** | Money Market | 1.81% | +0.49% |
| TATA Projects Limited** | Money Market | 1.81% | +0.49% |
| IDFC First Bank Limited** | Money Market | 1.69% | +0.45% |
| 364TB19327 | Money Market | 1.69% | +0.45% |
| National Bank For Agriculture & Rural Development** | Money Market | 1.51% | +0.41% |
View all 117 holdings
| Union Bank of India | Money Market | 1.50% | +0.40% |
| National Bank For Agriculture & Rural Development** | Money Market | 1.50% | +0.40% |
| Canara Bank** | Money Market | 1.50% | +0.40% |
| Kotak Mahindra Prime Limited | Money Market | 1.47% | +0.18% |
| Small Industries Development Bank of India | Money Market | 1.45% | — |
| IDFC First Bank Limited** | Money Market | 1.21% | +0.33% |
| Bank of Baroda** | Money Market | 1.21% | +0.33% |
| Union Bank of India | Money Market | 1.21% | — |
| Axis Bank Limited** | Money Market | 1.21% | +0.33% |
| LIC Housing Finance Limited** | Money Market | 1.21% | +0.33% |
| Bajaj Housing Finance Limited** | Money Market | 1.21% | +0.33% |
| Small Industries Development Bank of India** | Money Market | 1.20% | +0.32% |
| National Bank for Financing Infrastructure and Development** | Money Market | 1.20% | +0.32% |
| Equitas Small Finance Bank Limited** | Money Market | 1.20% | +0.32% |
| National Bank For Agriculture & Rural Development** | Money Market | 1.20% | +0.32% |
| Union Bank of India** | Money Market | 1.20% | +0.54% |
| Bajaj Auto Credit Limited** | Money Market | 1.20% | +0.32% |
| Kotak Securities Limited** | Debt | 1.20% | +0.32% |
| Tata Capital Limited** | Money Market | 1.20% | — |
| Muthoot Fincorp Limited** | Money Market | 1.20% | +0.33% |
| ICICI Securities Limited** | Debt | 1.20% | +0.33% |
| Indian Bank** | Money Market | 1.18% | -0.11% |
| Canara Bank** | Money Market | 1.18% | +0.32% |
| Infina Finance Pvt Limited** | Money Market | 1.15% | — |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | Reverse Repo / TREPS | 1.14% | — |
| 7.86% Karnataka SDL 15032027 | Debt | 1.06% | +0.25% |
| Punjab National Bank | Money Market | 1.03% | -0.52% |
| SDL MH 6.54% 2027 | Debt | 0.94% | +0.25% |
| Bank of Baroda** | Money Market | 0.91% | -0.86% |
| Canara Bank** | Money Market | 0.91% | +0.25% |
| Motilal Oswal Financial Services Limited** | Money Market | 0.91% | — |
| Tata Communications Limited** | Money Market | 0.91% | +0.25% |
| 182TB26227 | Money Market | 0.91% | +0.25% |
| 364TB11327 | Money Market | 0.91% | +0.25% |
| Bank of Baroda | Money Market | 0.90% | +0.24% |
| Piramal Finance Limited** | Money Market | 0.90% | +0.24% |
| Union Bank of India** | Money Market | 0.89% | +0.24% |
| Indian Bank** | Money Market | 0.89% | — |
| 7.14% Gujarat SDL 11012027 | Debt | 0.88% | +0.23% |
| BFL-3-6-27-CP | Money Market | 0.88% | -0.63% |
| 364TB19827 | Money Market | 0.88% | +0.23% |
| 364TB11227 | Money Market | 0.79% | +0.21% |
| 7.74% Tamil Nadu SDL 01032027 | Debt | 0.63% | +0.15% |
| IDFC First Bank Limited** | Money Market | 0.61% | +0.17% |
| Export-Import Bank Of India** | Money Market | 0.61% | -0.05% |
| National Bank For Agriculture & Rural Development** | Money Market | 0.61% | +0.17% |
| IndusInd Bank Limited** | Money Market | 0.61% | +0.17% |
| Kotak Mahindra Bank Limited | Money Market | 0.61% | -0.50% |
| THDCL-15-01-27-CP | Money Market | 0.61% | +0.17% |
| National Bank For Agriculture & Rural Development** | Money Market | 0.60% | +0.16% |
| Kotak Mahindra Bank Limited** | Money Market | 0.60% | +0.16% |
| HDFC Bank Limited** | Money Market | 0.60% | +0.16% |
| Canara Bank** | Money Market | 0.60% | +0.16% |
| Axis Bank Limited** | Money Market | 0.60% | +0.16% |
| HDFC Bank Limited** | Money Market | 0.60% | +0.16% |
| Punjab National Bank** | Money Market | 0.60% | +0.16% |
| Punjab National Bank** | Money Market | 0.60% | +0.16% |
| HDFC Bank Limited** | Money Market | 0.60% | +0.16% |
| Canara Bank** | Money Market | 0.60% | +0.16% |
| ICICI Bank Limited** | Money Market | 0.60% | +0.16% |
| Punjab National Bank** | Money Market | 0.60% | +0.16% |
| Axis Bank Limited | Money Market | 0.60% | +0.16% |
| Motilal Oswal Financial Services Limited** | Money Market | 0.60% | +0.16% |
| Nuvama Wealth Finance Limited** | Money Market | 0.60% | +0.16% |
| Axis Securities Limited** | Debt | 0.60% | +0.16% |
| Axis Securities Limited** | Debt | 0.60% | +0.16% |
| Sundaram Finance Limited** | Money Market | 0.59% | +0.16% |
| 7.52% Tamil Nadu SDL 24052027 | Debt | 0.57% | +0.15% |
| 7.59% Karnataka SDL 15022027 | Debt | 0.57% | +0.16% |
| 7.52% Gujarat SDL 24052027 | Debt | 0.55% | +0.15% |
| 7.61% Tamil Nadu SDL 15022027 | Debt | 0.50% | +0.13% |
| 7.24% Tamil Nadu SDL 28062027 | Debt | 0.32% | +0.09% |
| 824GOI2027 | Debt | 0.32% | +0.09% |
| Cholamandalam Securities Limited** | Debt | 0.31% | +0.09% |
| Canara Bank | Money Market | 0.30% | +0.08% |
| Small Industries Development Bank of India** | Money Market | 0.30% | +0.08% |
| Punjab National Bank** | Money Market | 0.30% | +0.08% |
| Punjab National Bank** | Money Market | 0.30% | +0.08% |
| National Bank For Agriculture & Rural Development** | Money Market | 0.30% | +0.08% |
| National Bank for Financing Infrastructure and Development** | Money Market | 0.30% | +0.08% |
| Bank of Baroda** | Money Market | 0.30% | +0.08% |
| HDFC Bank Limited | Money Market | 0.30% | +0.08% |
| National Bank For Agriculture & Rural Development | Money Market | 0.30% | -0.36% |
| Cholamandalam Investment and Finance Co Limited** | Money Market | 0.30% | -0.80% |
| Bajaj Finance Limited** | Money Market | 0.30% | +0.08% |
| Muthoot Fincorp Limited** | Money Market | 0.30% | +0.08% |
| Motilal Oswal Financial Services Limited** | Money Market | 0.30% | +0.08% |
| Kotak Securities Limited** | Debt | 0.30% | +0.08% |
| LIC Housing Finance Limited** | Money Market | 0.30% | +0.08% |
| SBI Funds Management Pvt Limited/Fund Parent | Reverse Repo / TREPS | 0.30% | +0.08% |
| Union Bank of India** | Money Market | 0.29% | — |
| Indian Bank** | Money Market | 0.29% | -0.79% |
| Small Industries Development Bank of India** | Money Market | 0.29% | -0.56% |
| Small Industries Development Bank of India** | Money Market | 0.29% | -0.13% |
| BFL-04-06-27-CP | Money Market | 0.29% | +0.07% |
| 364TB21127 | Money Market | 0.24% | +0.06% |
| 7.05% Gujarat SDL 14122026 | Debt | 0.13% | +0.04% |
| 7.07% Tamil Nadu SDL 14122026 | Debt | 0.06% | +0.01% |
| 7.08% Karnataka SDL 14122026 | Debt | 0.02% | -0.46% |
| Net Receivables/Payables | Net Current Assets | -0.06% | — |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | Reverse Repo / TREPS | -1.24% | — |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | Reverse Repo / TREPS | -3.09% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.35 | 0.88 | Low Volatility |
| 3Y | 0.55 | 0.68 | Low Volatility |
| 5Y | 0.69 | 0.71 | Low Volatility |
What is this?
Risk as measured by standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data points relative to its mean (average).
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.07 | 0.76 | Good Risk Adjusted Returns |
| 3Y | 1.52 | 1.10 | Good Risk Adjusted Returns |
| 5Y | 0.79 | 0.68 | Good Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 2.54 | 1.88 | Good Risk Adjusted Returns |
| 3Y | 3.83 | 2.88 | Good Risk Adjusted Returns |
| 5Y | 1.25 | 1.57 | Poor Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.63 | 1.43 | Poor Risk Adjusted Returns |
| 3Y | 1.57 | 1.49 | Poor Risk Adjusted Returns |
| 5Y | 1.79 | 1.52 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
LIC MF Money Market Fund
Direct Plan · Growth
|
+6.66% | +6.81% | — | +6.63% |
|
Axis Money Market Fund
Direct Plan · Growth Option
|
+6.63% | +7.46% | +6.81% | +6.47% |
|
Bajaj Finserv Money Market Fund
Direct Plan · Growth
|
+6.54% | +7.38% | — | +7.47% |
|
Mirae Asset Money Market Fund
Direct Plan · Growth
|
+6.49% | +7.41% | +6.66% | +6.55% |
|
JioBlackRock Money Market Fund
Direct Plan · Growth Option
|
+6.47% | — | — | +6.35% |
|
UTI - Money Market Fund
Regular Plan · Discontinued Growth
|
+6.45% | +7.11% | +6.36% | +6.91% |
|
Tata Money Market Fund
Regular Plan · Growth Option
|
+6.40% | +7.26% | +6.63% | +6.96% |
|
ICICI Prudential Money Market Fund - Cash Option
Regular Plan · Growth
|
+6.39% | +7.26% | +6.61% | +7.11% |
|
HDFC Money Market Fund
Regular Plan · Growth Option
|
+6.38% | +7.21% | +6.57% | +7.31% |
|
Nippon India Money Market Fund
Regular Plan · Growth Option
|
+6.37% | +7.26% | +6.67% | +7.37% |
More From DSP Asset Managers Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
DSP World Mining Overseas Equity Omni FoF
Direct Plan · Growth
|
+40.95% | +31.63% | +20.24% | +9.09% |
| DSP Silver ETF | +38.72% | +45.98% | — | +37.81% |
|
DSP Silver ETF Fund of Fund
Direct Plan · IDCW
|
+34.86% | — | — | +79.79% |
|
DSP US Specific Equity Omni FoF
Direct Plan · Growth
|
+34.44% | +30.67% | +19.57% | +18.15% |
|
DSP World Gold Mining Overseas Equity Omni FoF
Direct Plan · Growth
|
+31.63% | +58.20% | +29.21% | +9.52% |
|
DSP Global Innovation Overseas Equity Omni FoF
Direct Plan · Growth
|
+23.88% | +30.42% | — | +20.48% |
|
DSP Global Clean Energy Overseas Equity Omni FoF
Direct Plan · Growth
|
+22.84% | +22.11% | +10.33% | +7.00% |
| DSP Gold ETF | +20.98% | +36.07% | — | +28.96% |
|
DSP Gold ETF Fund of Fund
Direct Plan · IDCW
|
+20.81% | — | — | +34.41% |
|
DSP Small Cap Fund
Direct Plan · Growth
|
+16.83% | +16.77% | +16.18% | +21.14% |
About This Scheme
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. There is no assurance that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
Money market securities having maturity of upto 1 year : Upto 100% For detailed asset allocation pattern, please refer to the Scheme Information Document
Exit Load
Nil
Fund Managers
Mr. Karan Mundhra, Ms. Shalini Vasanta
Mr. Karan Mundhra - Comanage, Ms. Shalini Vasanta - Comanage
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
DSP Asset Managers Private Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.