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DSP Savings Fund

DSP Savings Fund

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Benchmark: CRISIL Money Market Fund BI Inde info icon

51.79K people have invested in this fund

View performance details

Return:

This fund

18.00%

CRISIL Money Market Fund BI Inde

14.30%

CRISIL 1 Year T-Bill Index

14.15%

Invested

Earning

This fund

18.00%

CRISIL Money Market Fund BI Inde

14.30%

CRISIL 1 Year T-Bill Index

14.15%

team 51.79K people have invested in this fund as of

This is a Debt Short-term, Money Market fund with CRISIL Money Market Fund BI Index as its benchmark. The risk level for this fund is categorized as Moderate Risk.

Total AUM

3,189.23 crores as of Sep 30, 2022

Age of Fund

23 years 5 days since Sep 30, 1999

Expense Ratio

0.51% as of Oct 04, 2022

Exit Load

Nil  

Ideal holding period

3 Years+

Rolling Returns

Bars show distribution of returns in given range for selected time period

View performance details

Things to know before you invest

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  1. DSP Savings fund Invests in high-quality money market securities.
  2. It is run as a 'roll down' strategy, which means the fund maturity reduces with time over the year and at the end of every financial year, its maturity profile gets reset to 1 year & again reduces with time.
  3. It invests primarily in high quality A1+ money market instruments with portfolio duration of less than 12 months.
  4. Among DSP's oldest debt funds with a 22 +year track record
  1. This is a good way to try to get more from your 'savings'.
  2. Earn potentially higher post-tax returns vs. traditional savings instruments over a short time period (less than 1 year).
  3. A credible alternative to bank savings accounts or fixed deposits.
  4. Relatively predictable return profile.
  1. Consider this fund if you
    • Want to get 'more' from your savings.
    • Need a vehicle that can help you to park money temporarily, while you systematically transfer or switch into equity funds over time.
    • Recognize investing in shorter duration debt securities could mean lower returns but comes with the advantage of lower interest rate risk.
    • Understand the basics of debt investing.
  1. Savings Fund carries Moderate Risk.
  2. Even though this is a debt scheme, in rare circumstances, investment losses may be possible.
  3. This is not an equity-oriented fund, so do not expect very high returns.

Fund managers:

Kedar Karnik

Kedar Karnik

Managing this fund since July 2016.
Managing this fund since July 2016.

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Karan Mundhra

Karan Mundhra

Managing this fund since May 2021.
Managing this fund since May 2021.

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Portfolio

Prescribed asset allocation: 0% - 100% Money market securities having maturity of less than or equal to 1 year

Current Allocation as of Sep 30, 2022

Top holdings

No Data to display

Top Sectors

No Data to display

Top holdings

TREPS / Reverse Repo Investments / Corporate Debt Repo

8.16%

HDFC Bank Limited**

7.62%

Housing Development Finance Corporation Limited**

4.60%

364 DAYS T-BILL 2023

4.59%

Small Industries Development Bank of India**

4.58%

Cash & cash equivalents

-3.96%

Credit rating profile

CRISIL A1+

56.30%

SOV

15.90%

IND A1+

10.30%

ICRA A1+

8.80%

Cash & Equivalent

7.90%

Instrument break-up

Money market instruments

86.50%

TREPS

7.80%

Government Securities (Central/State)

5.70%


Indicators

Yield to Maturity

6.36 %

Modified Duration

0.45 Years

Portfolio Macaulay Duration

0.47 Years

Average Maturity

0.48 Years

Compare Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:
MedianCAGR:
Max CAGR:

Good Returns

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Negative Returns

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vs Fixed Deposit

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vs Category

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vs Benchmark

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  • Historical Returns (As per SEBI format)with investment of10,000

This fund CRISIL Money Market Fund BI In ^ CRISIL 1 Year T-Bill I #
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

CRISIL Money Market Fu

CRISIL 1 Year T-Bill I

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Sep 30, 1999.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Standard Benchmark

Fund Details

Fund Details

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 Schemes will be realized.

Fund Type

Debt – Short-term
Money Market Fund

An open ended debt scheme investing in money market instruments.
A relatively low interest rate risk and moderate credit risk.

Riskometer

Level of Risk in the fund

View details
Investors understand that their
principal will be at Moderate Risk

Potential Risk Class Matrix : B-I

B-I is the potential risk class matrix of DSP Savings Fund based on interest rate & credit risk.

Minimum Investment

Rs.  500 Lumpsum
Rs.  500 SIP– 12 instalments
Rs.  500 Minimum Additional Purchase

team 51.79K peoplehave invested in this fund as of