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DSP Ultra Short Fund Direct Plan-growth
Debt
Moderate Risk
Latest AUM
₹ 3,904.6 Cr.
NAV as on 23 oct, 2026
₹ 4,021.25
+20.58%
3 years annulised
This Fund
Fund Details
Fund Names
DSP Ultra Short Fund Direct Plan-growth
Inception Date
01 Jan 2013
Lock In
No Lock-in
SIP Minimum Investment amount
₹100
SWP Minimum Investment amount
₹100
STP Minimum Investment amount
₹100
Risk
Principal at moderate risk
Category Average Annual Returns
7.70
Portfolio Composition Analysis
Debt
102.25%
Portfolio Updated on: 08 Jul, 2026
Sector Allocations
Debt
Financial
Entities
Energy & Utilities
Real Estate
Healthcare
Consumer Discretionary
Technology
Portfolio Updated on: 23 oct, 2026
Top 10 Holdings
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| PUNJAB NATIONAL BANK CD 11DEC25 | Financial | Certificate of Deposit | 6.40% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC | Financial | Debenture | 5.58% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC | Financial | Debenture | 6.48% |
| BANK OF BARODA CD 23FEB26 | Financial | Certificate of Deposit | 4.99% |
| BANK OF BARODA CD 23FEB26 | Financial | Certificate of Deposit | 4.64% |
| BANK OF BARODA CD 23FEB26 | Financial | Certificate of Deposit | 4.96% |
| BANK OF BARODA CD 23FEB26 | Financial | Certificate of Deposit | 5.63% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC | Financial | Debenture | 4.97% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC | Financial | Debenture | 4.43% |
| CANARA BANK CD 04MAR27 | Financial | Certificate of Deposit | 4.29% |
Debt & Credit Risk Analysis
| Sharpe Ratio | 2.94% |
| Standard Deviation | 0.49% |
| Sortino Ratio | 4.10% |
Returns Analysis
| Tenure | Absolute | Annualised | Category Average |
|---|---|---|---|
| 3 Months | 1.40% | NA | 1.71% |
| 6 Months | 3.07% | NA | 3.90% |
| 9 Months | 5.02% | NA | 5.74% |
| 1 Year | 6.39% | 6.39% | 7.70% |
| 2 Years | 14.58% | 7.04% | 7.59% |
| 3 Years | 23.36% | 7.25% | 7.34% |
| 5 Years | 38.04% | 6.66% | 6.07% |
| 7 Years | 51.56% | 6.12% | NA |
| 10 Years | 85.43% | 6.37% | 6.56% |
DSP Ultra Short Fund Direct Plan-growth is one Debt mutual fund offered by DSP Mutual Fund. Launched on 01 Jan 2013, the fund aims Income over a short-term investment horizon. Investment in money market and debt securities. It manages assets worth ₹3,904.6 crore as on Tue Jun 30, 2026. The expense ratio stands at 0.3%.
Shalini Vasanta has experience Prior to joining DSP Mutual Fund, he has worked with ICRA as Senior Analyst
Karan Mundhra has experience He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.
Top Performing Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Nippon India Ultra Short Duration Fund Direct-growth | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Nippon India Ultra Short Duration Fund Direct-idcw Daily | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Nippon India Ultra Short Duration Fund Direct-idcw Monthly | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Nippon India Ultra Short Duration Fund Direct-idcw Quarterly | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Nippon India Ultra Short Duration Fund Direct-idcw Weekly | 10,200.0 | +0.29% | +1.52% | +3.28% | +6.73% | +7.48% | +6.98% |
| Tata Ultra Short Term Fund Direct-growth | 5,267.1 | +0.31% | +1.56% | +3.35% | +6.79% | +7.42% | +6.79% |
| Tata Ultra Short Term Fund Direct-idcw Monthly | 5,267.1 | +0.31% | +1.56% | +3.35% | +6.79% | +7.42% | +6.79% |
| Tata Ultra Short Term Fund Direct-idcw Weekly | 5,267.1 | +0.31% | +1.56% | +3.35% | +6.79% | +7.42% | +6.79% |
| Axis Ultra Short Duration Fund Direct-growth | 4,948.7 | +0.27% | +1.50% | +3.19% | +6.52% | +7.35% | +6.78% |
| Axis Ultra Short Duration Fund Direct-idcw | 4,948.7 | +0.27% | +1.50% | +3.19% | +6.52% | +7.35% | +6.78% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More Funds from DSP Mutual Fund
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| DSP Ultra Short Fund Regular Plan-growth | 3,904.6 | +0.16% | +1.22% | +2.70% | +5.63% | +6.48% | +5.90% |
| DSP Ultra Short Fund Direct Plan-idcw | 3,904.6 | +0.21% | +1.40% | +3.07% | +6.39% | +7.25% | +6.66% |
| DSP Ultra Short Fund Regular Plan-idcw | 3,904.6 | +0.16% | +1.22% | +2.70% | +5.63% | +6.48% | +5.90% |
| DSP Ultra Short Fund Regular Plan-idcw Daily | 3,904.6 | +0.16% | +1.22% | +2.70% | +5.63% | +6.48% | +5.90% |
| DSP Ultra Short Fund Direct Plan-idcw Daily | 3,904.6 | +0.21% | +1.40% | +3.07% | +6.39% | +7.25% | +6.66% |
| DSP Ultra Short Fund Direct Plan-idcw Monthly | 3,904.6 | +0.21% | +1.40% | +3.07% | +6.39% | +7.25% | +6.66% |
| DSP Ultra Short Fund Regular Plan-idcw Monthly | 3,904.6 | +0.16% | +1.22% | +2.70% | +5.63% | +6.48% | +5.90% |
| DSP Ultra Short Fund Regular Plan-idcw Weekly | 3,904.6 | +0.16% | +1.22% | +2.70% | +5.63% | +6.48% | +5.90% |
| DSP Ultra Short Fund Direct Plan-idcw Weekly | 3,904.6 | +0.21% | +1.40% | +3.07% | +6.39% | +7.25% | +6.66% |
growth is based on 1-month returns of the funds
Top Mutual Funds
| Fund name | |||||||
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Savings Direct-growth | 17,816.3 | +0.24% | +1.42% | +3.15% | +6.33% | +7.38% | +6.76% |
| Aditya Birla Sun Life Savings Regular-growth | 17,816.3 | +0.21% | +1.36% | +3.02% | +6.05% | +7.13% | +6.54% |
| Aditya Birla Sun Life Savings Regular-idcw Daily | 17,816.3 | +0.21% | +1.36% | +3.02% | +6.05% | +7.13% | +6.54% |
| Aditya Birla Sun Life Savings Direct-idcw Daily | 17,816.3 | +0.24% | +1.42% | +3.15% | +6.33% | +7.38% | +6.76% |
| Aditya Birla Sun Life Savings Direct-idcw Weekly | 17,816.3 | +0.24% | +1.42% | +3.15% | +6.33% | +7.38% | +6.76% |
| Aditya Birla Sun Life Savings Regular-idcw Weekly | 17,816.3 | +0.21% | +1.36% | +3.02% | +6.05% | +7.13% | +6.54% |
| HDFC Ultra Short Term Fund Direct-growth | 15,949.6 | +0.21% | +1.38% | +3.00% | +6.11% | +7.11% | +6.55% |
| HDFC Ultra Short Term Fund Regular-growth | 15,949.6 | +0.18% | +1.29% | +2.82% | +5.75% | +6.76% | +6.21% |
| HDFC Ultra Short Term Fund Direct-idcw Daily | 15,949.6 | +0.21% | +1.38% | +3.00% | +6.11% | +7.11% | +6.55% |
| HDFC Ultra Short Term Fund Regular-idcw Daily | 15,949.6 | +0.18% | +1.29% | +2.82% | +5.75% | +6.76% | +6.21% |
Top funds are based on Fund AUM
Top Debt Funds
| Fund name | ||||
|---|---|---|---|---|
| Nippon India Ultra Short Duration Fund Direct-growth | ₹4,843.53 | +7.48% | +6.98% | — |
| Nippon India Ultra Short Duration Fund Direct-idcw Daily | ₹1,113.36 | +7.48% | +6.98% | — |
| Nippon India Ultra Short Duration Fund Direct-idcw Monthly | ₹1,036.62 | +7.48% | +6.98% | — |
| Nippon India Ultra Short Duration Fund Direct-idcw Quarterly | ₹1,017.30 | +7.48% | +6.98% | — |
| Nippon India Ultra Short Duration Fund Direct-idcw Weekly | ₹1,091.37 | +7.48% | +6.98% | — |
| Tata Ultra Short Term Fund Direct-growth | ₹16.24 | +7.42% | +6.79% | — |
| Tata Ultra Short Term Fund Direct-idcw Monthly | ₹16.27 | +7.42% | +6.79% | — |
| Tata Ultra Short Term Fund Direct-idcw Weekly | ₹10.40 | +7.42% | +6.79% | — |
| Axis Ultra Short Duration Fund Direct-growth | ₹17.00 | +7.35% | +6.78% | — |
| Axis Ultra Short Duration Fund Direct-idcw | ₹17.00 | +7.35% | +6.78% | — |
growth is based on 5Y returns of the funds
Historical NAV
| Date | NAV |
|---|---|
| 23 Oct 2026 | ₹4,021.25 |
| 22 Oct 2026 | ₹4,021.36 |
| 03 Aug 2026 | ₹3,975.21 |
| 31 Jul 2026 | ₹3,972.26 |
| 30 Jul 2026 | ₹3,971.28 |
| 29 Jul 2026 | ₹3,970.77 |
| 28 Jul 2026 | ₹3,970.25 |
| 27 Jul 2026 | ₹3,969.57 |
| 24 Jul 2026 | ₹3,966.68 |
| 23 Jul 2026 | ₹3,965.75 |
| 22 Jul 2026 | ₹3,964.85 |
| 21 Jul 2026 | ₹3,964.60 |
| 20 Jul 2026 | ₹3,962.73 |
| 17 Jul 2026 | ₹3,961.51 |
| 16 Jul 2026 | ₹3,959.40 |
| 15 Jul 2026 | ₹3,957.79 |
| 14 Jul 2026 | ₹3,957.15 |
| 13 Jul 2026 | ₹3,959.33 |
| 10 Jul 2026 | ₹3,957.52 |
| 09 Jul 2026 | ₹3,956.43 |
| 08 Jul 2026 | ₹3,954.53 |
| 07 Jul 2026 | ₹3,956.44 |
| 06 Jul 2026 | ₹3,958.49 |
| 03 Jul 2026 | ₹3,957.37 |
| 02 Jul 2026 | ₹3,956.92 |
| 01 Jul 2026 | ₹3,954.69 |
| 30 Jun 2026 | ₹3,952.09 |
| 29 Jun 2026 | ₹3,949.78 |
| 25 Jun 2026 | ₹3,945.22 |
| 24 Jun 2026 | ₹3,942.36 |
Portfolio Updated on: 24 Oct, 2026
Fund Growth & Size Analysis
+₹3,904.6 Cr
Since Launch
This Fund
Category Average
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DSP Ultra Short Fund Direct Plan-growth FAQ'S
- Sharpe Ratio: 2.94%
- Standard Deviation: 0.49%
- Sortino Ratio: 4.10%
Additional important ratios:
As of Tue Jun 30, 2026, the total assets managed under DSP Ultra Short Fund Direct Plan-growth stand at approximately ₹ 3,904.6 crore.
The DSP Ultra Short Fund Direct Plan-growth has delivered the following short-term performance:
- 3 Months Return: 1.40%
- 6 Months Return: 3.07%
The historical growth of the DSP Ultra Short Fund Direct Plan-growth is reflected through its CAGR returns:
- 3 Year CAGR: 7.25%
- 5 Year CAGR: 6.66%
- Return Since Launch: 7.10%
The portfolio of DSP Ultra Short Fund Direct Plan-growth is distributed across different asset classes as follows:
- Debt Instruments: 102.25%
The DSP Ultra Short Fund Direct Plan-growth is managed by Karan Mundhra, representing DSP Mutual Fund.
Top stock holdings of DSP Ultra Short Fund Direct Plan-growth include:
- PUNJAB NATIONAL BANK CD 11DEC25 – represents 6.40% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC – represents 5.58% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC – represents 6.48% of the portfolio
- BANK OF BARODA CD 23FEB26 – represents 4.99% of the portfolio
- BANK OF BARODA CD 23FEB26 – represents 4.64% of the portfolio
- BANK OF BARODA CD 23FEB26 – represents 4.96% of the portfolio
- BANK OF BARODA CD 23FEB26 – represents 5.63% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC – represents 4.97% of the portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23H 7.58 LOA 31JL26 FVRS1LAC – represents 4.43% of the portfolio
- CANARA BANK CD 04MAR27 – represents 4.29% of the portfolio
Major sector exposures in DSP Ultra Short Fund Direct Plan-growth are:
- Financial – accounts for 746.72% of the portfolio
- Entities – accounts for 32.91% of the portfolio
- Energy & Utilities – accounts for 31.69% of the portfolio
- Real Estate – accounts for 29.48% of the portfolio
- Healthcare – accounts for 17.94% of the portfolio
