Investment Objective and Approach

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. DSP Savings Fund is categorized as a money market debt fund that follows a strategic investment approach.

Key Investment Features:

- DSP Savings fund invests in high-quality money market securities. 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.

- Portfolio composition includes treasury bills and central government securities

- Focus on capital preservation with moderate income generation

- Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.

The fund maintains a conservative approach with low to moderate risk profile, making it suitable for investors seeking better returns than traditional savings accounts while maintaining capital safety.

Fund Managers

DSP Savings Fund is managed by experienced professionals with strong credentials in fixed income management:

Karan Mundhra

- Karan has a total work experience of over 9 years. He joined DSP Mutual Funds in April 2012 as part of Fund Administration team. In 2016, he joined the Fixed Income Investment team. He is a Chartered Accountant (ICAI India) and also holds a Bachelor of Commerce Degree.

- Managing the fund since May 2021

- Total asset under management (AUM) managed by Karan Mundhra is ₹44559.5Cr.

Shalini Vasanta

- Shalini has a total work experience of Over 11 years. She is part of the fixed income team at DSP Asset Manager's since 2017. Shalini has also worked with ICRA Ltd. as a Credit Rating Analyst in their Large Corporate Group. She holds a Master of Business Administration (Finance) degree from NMIMS, Mumbai and BA with Hons in Economics & Statistics from St. Xavier's College, Mumbai

- Total work experience of 13 years. Managing this fund since August 2024.

The fund benefits from experienced management with deep expertise in credit analysis and fixed income securities.

About the Fund House (AMC)

DSP Mutual Fund has a rich heritage and strong market presence in the Indian asset management industry:

Company History:

- DSP Mutual Fund was established in 1996 as a joint venture between the DSP group of India and the US-based Merrill Lynch in 1996. The name of DSP Mutual Fund was changed to DSP BlackRock after Merill Lynch took over in 2008. The DSP Group brought out BlackRock its partner in the joint venture in 2018 and changed its name to DSP Mutual Fund.

- DSP Group is a 152-year old financial company. The firms started stockbroking business back in the 1860s.

Current Operations:

- As of 31 March 2024, DSP Mutual Fund has 372 schemes and an AuM of 148063.36 Crores.

- DSP Mutual Fund is one of India's leading AMCs. Since its inception, this fund house has grown by leaps and bounds to become one of the premier Asset Management Companies in India. It offers a vast range of mutual fund schemes across equity, debt, and hybrid categories along with the international fund of funds, exchange-traded funds, and also close-ended funds.

Investment Philosophy:

- With a legacy tied to the reputable DSP Group, the AMC is known for its research-driven approach and offers a diverse portfolio of mutual funds, including equity, debt, and hybrid options tailored to meet varying investor goals and risk levels. DSP Mutual Fund prioritizes transparency, integrity, and long-term value creation, serving both retail and institutional investors through disciplined and ethical investment practices.

Should I Invest in DSP Savings Fund?

DSP Savings Fund may be suitable for specific investor profiles and financial goals:

Ideal for:

- Conservative investors seeking better returns than savings accounts

- Short-term parking of funds (7+ days holding period recommended)

- Investors looking for low-risk debt exposure

- Those preferring high liquidity with no exit load

Key Fund Metrics (as of recent data):

- Total AUM · ₹4,623.02 crores as of Jun 30, 2025 · Age of Fund · 25 years 10 months since Sep 30, 1999 · Expense Ratio · 0.38% as of Aug 01, 2025 · Exit Load · Nil

- The minimum investment required to start investing in DSP Savings Fund - Regular Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.

- The 1-year, 3-year and 5-year returns of this fund were 7.66, 7.07 and 5.63 respectively.

Considerations:

- If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.

- Best suited for emergency funds or short-term liquidity management

- Tax implications apply as per debt fund taxation rules

The fund's 25+ year track record and professional management make it a reliable option for conservative investors seeking stable, short-term investment solutions.

FAQs

What is today's NAV of DSP Savings Fund?

The latest NAV varies between plans. The latest declared NAV of DSP Savings Fund - Regular Plan, is ₹53.0307 as of 04-Aug-2025. Check current NAV on financial platforms before investing.

What is the AUM of DSP Savings Fund?

Total AUM · ₹4,623.02 crores as of Jun 30, 2025, making it a substantial fund with good scale benefits.

What is the expense ratio of DSP Savings Fund?

Expense Ratio · 0.38% as of Aug 01, 2025, which is competitive for money market funds and helps maximize investor returns.

What are the returns of DSP Savings Fund since inception?

DSP Savings Direct Plan-Growth scheme return performance in last 1 year is 7.87%, in last 3 years is 23.90% and 134.82% since scheme launch. Returns reflect the fund's conservative approach.

What is the minimum SIP amount to invest in DSP Savings Fund?

The minimum investment required to start investing in DSP Savings Fund - Regular Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.

How do I invest in DSP Savings Fund?

You can invest through Allvest platform by completing KYC, selecting the fund, and choosing between lump sum or SIP investment options.

How to start a SIP in DSP Savings Fund?

Through Allvest, complete your registration, search for DSP Savings Fund, select SIP option, choose investment amount and date to start systematic investing.

How do I automate an SIP in DSP Savings Fund?

Allvest provides auto-debit facility through bank mandates, ensuring your SIP continues automatically without manual intervention each month.

How can I withdraw/redeem my investment in DSP Savings Fund?

Exit Load · Nil - You can redeem units anytime without exit load charges through your Allvest account or the AMC's platform.