GMP IPO Watch
Income/Debt Oriented Schemes - Ultra Short to Short Term Fund
DSP Ultra Short to Short Term Fund
Regular Plan · Monthly IDCW · DSP Mutual Fund
Risk: Low to Moderate Risk
52W Low ₹10.64 1 Dec 2025
52W High ₹10.77 25 Jun 2026
₹10.6984
NAV as of 3 Nov 2026
+0.02% day change
Other Plans of This Fund
ISININF740K019P0
Scheme Code133920
StructureOpen Ended Schemes
Fund HouseDSP Asset Managers Private Limited
AUM (avg. July - September 2026)₹0.06 Cr
Expense Ratio (as of 4 Nov 2026)0.63%
Min. InvestmentRs. 1,000/– and any amount thereafter
Inception Date27 Feb 2015
BenchmarkNIFTY Low Duration Debt Index A-I
Portfolio Turnover269.14%
NFO Period27-Feb-2015 – 04-Mar-2015
Returns
1Y
+0.49%
3Y
+0.54%
5Y
+0.48%
7Y
+0.39%
10Y
+0.47%
Since Inception
+0.57%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.11% | +0.14% | 19 of 25 |
| 1M | +0.12% | +0.17% | 19 of 25 |
| 3M | +0.13% | +0.73% | 19 of 25 |
| 6M | +0.45% | +2.11% | 21 of 25 |
| YTD | +0.43% | +3.30% | 20 of 25 |
| 1Y | +0.49% | +3.89% | 18 of 23 |
| 2Y | +0.54% | +4.59% | 16 of 20 |
| 3Y | +0.54% | +4.81% | 16 of 20 |
| 5Y | +0.48% | +4.05% | 14 of 17 |
| 7Y | +0.39% | +4.18% | 15 of 17 |
| 10Y | +0.47% | +4.16% | 12 of 15 |
| INCEPTION | +0.57% | — | — |
Ranked among: Income/Debt Oriented Schemes - Ultra Short to Short Term Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.13% | +2.91% | -1.42% | 78% | 31% |
| 6M | +0.25% | +1.74% | -2.47% | 85% | 34% |
| 1Y | +0.50% | +2.24% | -1.13% | 93% | 37% |
| 2Y | +0.48% | +1.31% | -0.57% | 97% | 39% |
| 3Y | +0.47% | +0.99% | -0.22% | 99% | 40% |
| 5Y | +0.44% | +0.83% | +0.12% | 100% | 40% |
| 7Y | +0.45% | +0.69% | +0.19% | 100% | 40% |
| 10Y | +0.48% | +0.60% | +0.39% | 100% | 40% |
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%
- Debt99.72%
- Cash0.28%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings94
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Bharti Telecom Limited** | Debt | 4.05% | +0.27% |
| 638MAHSDL27 | Debt | 3.39% | +0.22% |
| National Bank For Agriculture & Rural Development | Debt | 2.92% | +0.20% |
| Small Industries Development Bank Of India** | Debt | 2.88% | +0.21% |
| REC Limited** | Debt | 2.85% | +0.19% |
| Bajaj Housing Finance Limited** | Debt | 2.29% | +0.15% |
| REC Limited | Debt | 2.28% | +1.32% |
| 6.85% Uttar Pradesh SDL 23112026 | Debt | 2.24% | +0.15% |
| HDFC Bank Limited** | Money Market | 2.18% | +0.15% |
| Export-Import Bank Of India | Money Market | 2.18% | — |
| Tata Capital Housing Finance Limited** | Debt | 1.81% | +0.12% |
| Small Industries Development Bank Of India | Debt | 1.78% | +0.12% |
| Mahindra Rural Housing Finance Limited** | Debt | 1.75% | +0.12% |
| Power Finance Corporation Limited** | Debt | 1.74% | +0.12% |
| 7.39% Tamil Nadu SDL 09112026 | Debt | 1.74% | +0.12% |
View all 96 holdings
| Export-Import Bank Of India** | Money Market | 1.64% | +0.11% |
| HDFC Bank Limited** | Money Market | 1.63% | +0.10% |
| Union Bank of India** | Money Market | 1.63% | +0.61% |
| National Bank For Agriculture & Rural Development | Debt | 1.46% | -1.69% |
| 364TB40227 | Money Market | 1.43% | +0.09% |
| Bajaj Finance Limited | Debt | 1.36% | -0.12% |
| National Bank For Agriculture & Rural Development | Debt | 1.35% | — |
| Bharti Telecom Limited** | Debt | 1.30% | +0.09% |
| Bajaj Finance Limited | Debt | 1.19% | +0.08% |
| REC Limited** | Debt | 1.17% | — |
| National Bank For Agriculture & Rural Development | Debt | 1.16% | +0.07% |
| National Bank For Agriculture & Rural Development** | Debt | 1.16% | — |
| Bajaj Housing Finance Limited** | Debt | 1.16% | — |
| REC Limited** | Debt | 1.16% | +0.08% |
| LIC Housing Finance Limited** | Debt | 1.15% | — |
| PFC-7.44%-11-06-27-PVT | Debt | 1.15% | +0.08% |
| Small Industries Development Bank Of India | Debt | 1.14% | +0.07% |
| ICICI Home Finance Co Limited** | Debt | 1.14% | +0.08% |
| Bajaj Housing Finance Limited** | Debt | 1.13% | +0.07% |
| Bajaj Housing Finance Limited** | Debt | 1.13% | +0.07% |
| Small Industries Development Bank Of India** | Debt | 1.11% | +0.07% |
| Bajaj Finance Limited** | Debt | 1.10% | +0.54% |
| HDFC Bank Limited** | Money Market | 1.10% | +0.08% |
| Canara Bank** | Money Market | 1.10% | +0.08% |
| 364TB40327 | Money Market | 1.10% | +0.08% |
| HDFC Bank Limited** | Money Market | 1.09% | +0.07% |
| Canara Bank | Money Market | 1.09% | +0.07% |
| HDFC Bank Limited | Money Market | 1.09% | +0.07% |
| Union Bank of India** | Money Market | 1.08% | +0.08% |
| Union Bank of India** | Money Market | 1.07% | — |
| Indian Bank** | Money Market | 1.07% | -0.42% |
| BFL-3-6-27-CP | Money Market | 1.07% | +0.07% |
| Small Industries Development Bank of India** | Money Market | 1.05% | +0.07% |
| Tata Capital Housing Finance Limited | Debt | 1.01% | — |
| Mahindra Rural Housing Finance Limited** | Debt | 1.01% | +0.07% |
| 7.86% Karnataka SDL 15032027 | Debt | 0.91% | +0.03% |
| Bajaj Finance Limited** | Debt | 0.80% | +0.05% |
| IUTA1-8.12%-20-7-27-PTC | Debt | 0.78% | -0.12% |
| LIC Housing Finance Limited** | Debt | 0.60% | -1.07% |
| REC-7.52%-7-11-26-PVT | Debt | 0.60% | +0.04% |
| TREPS / Reverse Repo Investments | Reverse Repo / TREPS | 0.60% | — |
| Jio Credit Limited** | Debt | 0.59% | +0.03% |
| Bajaj Finance Limited** | Debt | 0.59% | +0.04% |
| National Bank For Agriculture & Rural Development** | Debt | 0.59% | +0.04% |
| Export-Import Bank Of India** | Debt | 0.59% | +0.04% |
| REC Limited** | Debt | 0.58% | +0.03% |
| National Bank For Agriculture & Rural Development** | Debt | 0.58% | +0.04% |
| LIC Housing Finance Limited** | Debt | 0.58% | +0.04% |
| REC Limited** | Debt | 0.58% | — |
| Bajaj Housing Finance Limited | Debt | 0.58% | +0.04% |
| National Bank For Agriculture & Rural Development** | Debt | 0.57% | +0.03% |
| Sundaram Finance Limited** | Debt | 0.57% | +0.03% |
| Tata Capital Housing Finance Limited** | Debt | 0.57% | +0.03% |
| Small Industries Development Bank Of India** | Debt | 0.57% | — |
| 7.24% Gujarat SDL 28122026 | Debt | 0.57% | +0.03% |
| 824GOI2027 | Debt | 0.57% | +0.04% |
| 7.59% Gujarat SDL 15022027 | Debt | 0.57% | +0.04% |
| Mindspace Business Parks REIT** | Debt | 0.56% | — |
| SDL HP 6.36% 2028 | Debt | 0.56% | +0.04% |
| Bank of Baroda** | Money Market | 0.55% | +0.04% |
| Canara Bank** | Money Market | 0.54% | +0.03% |
| Union Bank of India | Money Market | 0.54% | +0.03% |
| Canara Bank** | Money Market | 0.54% | +0.03% |
| Indian Bank** | Money Market | 0.53% | — |
| Small Industries Development Bank of India | Money Market | 0.53% | — |
| Small Industries Development Bank of India** | Money Market | 0.53% | +0.04% |
| Power Finance Corporation Limited** | Debt | 0.45% | +0.01% |
| 364TB11327 | Money Market | 0.44% | +0.03% |
| 364TB02927 | Money Market | 0.42% | — |
| SBI Funds Management Pvt Limited/Fund Parent | Money Market | 0.41% | +0.03% |
| Tata Capital Housing Finance Limited** | Debt | 0.35% | — |
| Kotak Mahindra Prime Limited** | Debt | 0.34% | +0.02% |
| HDFC Bank Limited** | Money Market | 0.33% | -0.49% |
| Punjab National Bank | Money Market | 0.33% | -0.18% |
| 7.39% Maharashtra SDL 09112026 | Debt | 0.23% | +0.01% |
| 7.15% Karnataka SDL 11012027 | Debt | 0.23% | +0.02% |
| SDL KA 7.08% 2031 | Debt | 0.22% | +0.01% |
| 6.83% Karnataka SDL 23112026 | Debt | 0.12% | +0.01% |
| 7.05% Gujarat SDL 14122026 | Debt | 0.11% | +0.00% |
| Mahindra & Mahindra Financial Services Limited** | Debt | 0.06% | +0.01% |
| Net Receivables/Payables | Net Current Assets | -0.32% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.75 | 0.67 | High Volatility |
| 3Y | 1.85 | 0.57 | High Volatility |
| 5Y | 1.72 | 0.54 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -4.96 | -11.28 | Above Average |
| 3Y | -5.15 | -9.05 | Above Average |
| 5Y | -5.59 | -12.67 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.85% (published 2026-10-27).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.32 | 13.65 | Below Average |
| 3Y | 0.33 | 26.33 | Below Average |
| 5Y | 0.31 | 18.35 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 2.05 | 1.33 | Poor Risk Adjusted Returns |
| 3Y | 1.35 | 1.35 | None |
| 5Y | 1.13 | 1.21 | Good 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
|
+6.12% | — | — | +7.17% |
|
Mahindra Manulife Ultra Short to Short Term Fund
Direct Plan · Growth
|
+5.96% | +7.31% | +6.68% | +6.84% |
|
Edelweiss Ultra Short to Short Term Fund
Direct Plan · Growth
|
+5.90% | — | — | +6.66% |
|
Nippon India Ultra Short to Short Term Fund
Regular Plan · Retail Plan - Bonus Option
|
+5.82% | +6.76% | +6.09% | +5.19% |
|
UTI Ultra Short to Short Term Fund
Regular Plan · Discontinued Annual IDCW
|
+5.65% | +6.87% | +6.12% | +6.01% |
|
Canara Robeco Ultra Short to Short Term Fund
Regular Plan · GROWTH OPTION
|
+5.61% | +6.81% | +6.18% | +7.30% |
|
Axis Ultra Short to Short Term Fund
Regular Plan · Growth Option
|
+5.61% | +6.98% | +6.36% | +7.33% |
|
HSBC Ultra Short to Short Term Fund
Regular Plan · Growth
|
+5.50% | +7.23% | — | +7.19% |
|
BANDHAN ULTRA SHORT TO SHORT TERM FUND
Regular Plan · Growth
|
+5.43% | +6.73% | +6.12% | +7.21% |
|
BARODA BNP PARIBAS ULTRA SHORT TO SHORT TERM FUND
Defunct Plan · Growth Option
|
+5.23% | +6.44% | — | +6.09% |
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|---|---|---|---|---|
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DSP World Gold Mining Overseas Equity Omni FoF
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DSP US Specific Equity Omni FoF
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| DSP Silver ETF | +17.25% | +34.02% | — | +29.88% |
|
DSP Silver ETF Fund of Fund
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DSP Global Clean Energy Overseas Equity Omni FoF
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|
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Direct Plan · Growth
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+15.27% | +21.39% | +16.01% | +22.53% |
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|
DSP Gold ETF Fund of Fund
Direct Plan · IDCW
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| DSP Nifty Healthcare ETF | +12.05% | — | — | +15.10% |
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
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.