GMP IPO Watch
DSP Ultra Short to Short Term Fund
Direct Plan · Growth · DSP Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.16% | +0.14% | 23 of 25 |
| 1M | +0.27% | +0.19% | 19 of 25 |
| 3M | +1.23% | +0.88% | 21 of 25 |
| 6M | +3.40% | +2.42% | 23 of 25 |
| YTD | +4.47% | +3.20% | 23 of 25 |
| 1Y | +5.91% | +4.17% | 21 of 23 |
| 2Y | +6.86% | +4.78% | 18 of 20 |
| 3Y | +7.11% | +4.89% | 18 of 20 |
| 5Y | +6.45% | +4.06% | 17 of 17 |
| 7Y | +6.27% | +4.22% | 15 of 17 |
| 10Y | +6.74% | +4.18% | 12 of 15 |
| INCEPTION | +7.08% | — | — |
Ranked among: Income/Debt Oriented Schemes - Ultra Short to Short Term Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.73% | +4.78% | +0.01% | 100% | 41% |
| 6M | +3.47% | +6.76% | +1.45% | 100% | 41% |
| 1Y | +7.04% | +11.17% | +3.32% | 100% | 42% |
| 2Y | +6.95% | +8.91% | +3.82% | 100% | 43% |
| 3Y | +6.84% | +8.23% | +4.83% | 100% | 43% |
| 5Y | +6.67% | +8.25% | +5.98% | 100% | 43% |
| 7Y | +6.71% | +7.31% | +6.27% | 100% | 43% |
| 10Y | +6.99% | +7.17% | +6.74% | 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 · Aug 2026
Asset Allocation
- Equity0.00%
- Debt96.57%
- Cash3.43%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Aug 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| TREPS / Reverse Repo Investments | Reverse Repo / TREPS | 4.06% | — |
| Bharti Telecom Limited** | Debt | 3.78% | — |
| 638MAHSDL27 | Debt | 3.17% | — |
| National Bank For Agriculture & Rural Development | Debt | 3.15% | — |
| National Bank For Agriculture & Rural Development | Debt | 2.72% | — |
| Small Industries Development Bank Of India** | Debt | 2.67% | — |
| REC Limited** | Debt | 2.66% | — |
| REC Limited** | Debt | 2.63% | — |
| Bank of Baroda** | Money Market | 2.57% | — |
| Bajaj Housing Finance Limited | Debt | 2.14% | — |
| 6.85% Uttar Pradesh SDL 23112026 | Debt | 2.09% | — |
| HDFC Bank Limited | Money Market | 2.03% | — |
| Tata Capital Housing Finance Limited | Debt | 1.69% | — |
| LIC Housing Finance Limited** | Debt | 1.67% | — |
| Small Industries Development Bank Of India** | Debt | 1.66% | — |
View all 97 holdings
| Mahindra Rural Housing Finance Limited** | Debt | 1.63% | — |
| Power Finance Corporation Limited** | Debt | 1.62% | — |
| 7.39% Tamil Nadu SDL 09112026 | Debt | 1.62% | — |
| Export-Import Bank Of India** | Money Market | 1.53% | — |
| HDFC Bank Limited** | Money Market | 1.53% | — |
| Indian Bank** | Money Market | 1.49% | — |
| Bajaj Finance Limited | Debt | 1.48% | — |
| 364TB40227 | Money Market | 1.34% | — |
| Bharti Telecom Limited** | Debt | 1.21% | — |
| Bajaj Finance Limited** | Debt | 1.11% | — |
| LIC Housing Finance Limited** | Debt | 1.10% | — |
| National Bank For Agriculture & Rural Development | Debt | 1.09% | — |
| REC Limited | Debt | 1.08% | — |
| Small Industries Development Bank Of India** | Debt | 1.07% | — |
| PFC-7.44%-11-06-27-PVT | Debt | 1.07% | — |
| ICICI Home Finance Co Limited** | Debt | 1.06% | — |
| Bajaj Housing Finance Limited** | Debt | 1.06% | — |
| Bajaj Housing Finance Limited** | Debt | 1.06% | — |
| Small Industries Development Bank Of India** | Debt | 1.04% | — |
| Indian Bank** | Money Market | 1.03% | — |
| Bank of Baroda** | Money Market | 1.02% | — |
| HDFC Bank Limited** | Money Market | 1.02% | — |
| Indian Bank** | Money Market | 1.02% | — |
| Canara Bank** | Money Market | 1.02% | — |
| HDFC Bank Limited** | Money Market | 1.02% | — |
| Canara Bank | Money Market | 1.02% | — |
| HDFC Bank Limited** | Money Market | 1.02% | — |
| Union Bank of India** | Money Market | 1.02% | — |
| 364TB40327 | Money Market | 1.02% | — |
| Union Bank of India** | Money Market | 1.00% | — |
| BFL-3-6-27-CP | Money Market | 1.00% | — |
| Small Industries Development Bank of India** | Money Market | 0.98% | — |
| REC Limited** | Debt | 0.96% | — |
| Mahindra Rural Housing Finance Limited** | Debt | 0.94% | — |
| IUTA1-8.12%-20-7-27-PTC | Debt | 0.90% | — |
| 7.86% Karnataka SDL 15032027 | Debt | 0.88% | — |
| HDFC Bank Limited** | Money Market | 0.82% | — |
| Bajaj Finance Limited** | Debt | 0.75% | — |
| LIC Housing Finance Limited** | Debt | 0.56% | — |
| Bajaj Housing Finance Limited** | Debt | 0.56% | — |
| Bajaj Finance Limited | Debt | 0.56% | — |
| REC-7.52%-7-11-26-PVT | Debt | 0.56% | — |
| Jio Credit Limited | Debt | 0.56% | — |
| Bajaj Finance Limited** | Debt | 0.55% | — |
| National Bank For Agriculture & Rural Development | Debt | 0.55% | — |
| Export-Import Bank Of India** | Debt | 0.55% | — |
| REC Limited** | Debt | 0.55% | — |
| Power Finance Corporation Limited | Debt | 0.54% | — |
| National Bank For Agriculture & Rural Development** | Debt | 0.54% | — |
| LIC Housing Finance Limited** | Debt | 0.54% | — |
| National Bank For Agriculture & Rural Development** | Debt | 0.54% | — |
| Bajaj Housing Finance Limited** | Debt | 0.54% | — |
| Sundaram Finance Limited** | Debt | 0.54% | — |
| Tata Capital Housing Finance Limited** | Debt | 0.54% | — |
| 7.24% Gujarat SDL 28122026 | Debt | 0.54% | — |
| 824GOI2027 | Debt | 0.53% | — |
| 7.59% Gujarat SDL 15022027 | Debt | 0.53% | — |
| SDL HP 6.36% 2028 | Debt | 0.52% | — |
| Axis Bank Limited** | Money Market | 0.52% | — |
| 364TB31126 | Money Market | 0.52% | — |
| ICICI Bank Limited | Money Market | 0.51% | — |
| Bank of Baroda** | Money Market | 0.51% | — |
| Kotak Mahindra Bank Limited** | Money Market | 0.51% | — |
| Bank of Baroda** | Money Market | 0.51% | — |
| Punjab National Bank | Money Market | 0.51% | — |
| Canara Bank** | Money Market | 0.51% | — |
| Union Bank of India** | Money Market | 0.51% | — |
| Canara Bank** | Money Market | 0.51% | — |
| Small Industries Development Bank of India** | Money Market | 0.49% | — |
| Power Finance Corporation Limited** | Debt | 0.44% | — |
| 364TB11327 | Money Market | 0.41% | — |
| SBI Funds Management Pvt Limited/Fund Parent | Money Market | 0.38% | — |
| Kotak Mahindra Prime Limited** | Debt | 0.32% | — |
| Bajaj Finance Limited | Debt | 0.27% | — |
| 7.39% Maharashtra SDL 09112026 | Debt | 0.22% | — |
| 7.15% Karnataka SDL 11012027 | Debt | 0.21% | — |
| SDL KA 7.08% 2031 | Debt | 0.21% | — |
| 6.83% Karnataka SDL 23112026 | Debt | 0.11% | — |
| 7.05% Gujarat SDL 14122026 | Debt | 0.11% | — |
| 7.16% Maharashtra SDL 28092026 | Debt | 0.07% | — |
| Mahindra & Mahindra Financial Services Limited** | Debt | 0.05% | — |
| Net Receivables/Payables | Net Current Assets | -0.63% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.54 | 1.11 | Low Volatility |
| 3Y | 0.69 | 0.78 | Low Volatility |
| 5Y | 0.71 | 0.88 | 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 | 0.36 | 0.18 | Good Risk Adjusted Returns |
| 3Y | 1.07 | 0.77 | Good Risk Adjusted Returns |
| 5Y | 0.68 | 0.29 | 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 | 0.75 | 0.72 | Good Risk Adjusted Returns |
| 3Y | 2.37 | 2.75 | Poor Risk Adjusted Returns |
| 5Y | 1.24 | 2.06 | 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 | 1.51 | 1.36 | Poor Risk Adjusted Returns |
| 3Y | 1.40 | 1.34 | Poor Risk Adjusted Returns |
| 5Y | 1.24 | 1.16 | 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 |
|---|---|---|---|---|
|
Franklin India Ultra Short to Short Term Fund
Direct Plan · Growth
|
+6.40% | — | — | +7.33% |
|
Mahindra Manulife Ultra Short to Short Term Fund
Direct Plan · Growth
|
+6.32% | +7.43% | +6.70% | +6.88% |
|
Edelweiss Ultra Short to Short Term Fund
Direct Plan · Growth
|
+6.20% | — | — | +6.89% |
|
Nippon India Ultra Short to Short Term Fund
Regular Plan · Retail Plan - Bonus Option
|
+6.11% | +6.84% | +6.09% | +5.21% |
|
UTI Ultra Short to Short Term Fund
Regular Plan · Discontinued Annual IDCW
|
+6.01% | +6.96% | +6.19% | +6.03% |
|
Axis Ultra Short to Short Term Fund
Regular Plan · Growth Option
|
+5.92% | +7.06% | +6.36% | +7.35% |
|
Canara Robeco Ultra Short to Short Term Fund
Regular Plan · GROWTH OPTION
|
+5.91% | +6.90% | +6.18% | +7.32% |
|
HSBC Ultra Short to Short Term Fund
Regular Plan · Growth
|
+5.82% | +7.33% | — | +7.30% |
|
BANDHAN ULTRA SHORT TO SHORT TERM FUND
Regular Plan · Growth
|
+5.71% | +6.83% | +6.12% | +7.23% |
|
HDFC Ultra Short to Short Term Fund
Regular Plan · Growth Option
|
+5.54% | +6.74% | +6.11% | +7.11% |
More From DSP Asset Managers Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| DSP Silver ETF | +52.35% | +47.45% | — | +38.32% |
|
DSP Silver ETF Fund of Fund
Direct Plan · IDCW
|
+50.75% | — | — | +81.98% |
|
DSP World Mining Overseas Equity Omni FoF
Direct Plan · Growth
|
+39.49% | +28.39% | +20.72% | +8.86% |
|
DSP US Specific Equity Omni FoF
Direct Plan · Growth
|
+31.45% | +28.56% | +19.67% | +17.96% |
|
DSP World Gold Mining Overseas Equity Omni FoF
Direct Plan · IDCW
|
+28.44% | +51.43% | +25.17% | +6.88% |
| DSP Gold ETF | +25.47% | +36.24% | — | +28.71% |
|
DSP Gold ETF Fund of Fund
Direct Plan · IDCW
|
+25.12% | — | — | +34.07% |
|
DSP Global Innovation Overseas Equity Omni FoF
Direct Plan · Growth
|
+24.14% | +29.95% | — | +20.17% |
|
DSP Global Clean Energy Overseas Equity Omni FoF
Direct Plan · Growth
|
+23.17% | +19.51% | +10.68% | +6.87% |
|
DSP Small Cap Fund
Direct Plan · Growth
|
+16.51% | +16.79% | +16.84% | +21.23% |
About This Scheme
Investment Objective
The investment objective of the Scheme is to seek to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities. There is no assurance that the investment objective of the Scheme will be achieved.
Stated Asset Allocation
Debt and Money market securities such that the Macaulay duration of the portfolio is between 6 months to 12 months : 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 - Primary, Ms. Shalini Vasanta - Comanage
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.