Investment Objective and Approach

The primary 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. The fund is specifically designed as an open ended short term debt scheme investing in debt and money market securities such that the Macaulay duration of the portfolio is between 1 year and 3 years.

Key Investment Approach:

- DSP Short Term fund invests in high quality debt securities, primarily AAA rated corporate bonds & sovereign (government) bonds & can invest up to 20% in AA+ rated instruments

- Fund will maintain a 1-3 year duration

- Aim to earn consistent investment income

- Can be a credible alternative to a 3-year bank FD

- Active management can aid in generating alpha over FDs

Fund Positioning & Risk Profile:

- A moderate interest rate risk and relatively low credit risk

- Short Term Fund carries Moderate Risk

- Suitable for investors who value stability & consistency of returns and don't want to take a high level of credit or interest rate risk

Fund Managers

The DSP Short Term Fund is managed by an experienced team of fund managers:

Primary Fund Managers:

- 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.

- Shantanu Godambe - Shantanu has a total work experience of Over 16 years. He joined DSP Asset Managers in March 2023 as Vice President in Fixed Income Team. Shantanu has also worked with Yes Bank Ltd as a Rates Trader. He has cleared CFA from CFA Institute, MS (Finance) from ICFAI University and B.Com from Mumbai University.

About the Fund House (AMC)

DSP Mutual Fund has established itself as one of India's leading asset management companies with a rich heritage and strong market presence.

Company Overview:

- 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

- As on September 30, 2024, DSP Mutual Fund has Assets under Management (AuM) of Rs. 1,87,264.64 crores

- DSP Mutual Fund is one of India's leading AMCs. 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. The commitment of the fund house is to cater to its clients in every possible way by putting their interests first and securing their wealth

Investment Philosophy:

DSP Mutual Fund emphasizes research-driven investment approach and maintains a disciplined investment process focusing on long-term value creation for investors.

Should I Invest in DSP Short Term Fund?

Fund Performance Metrics (as of May 2025):

- Current NAV: ₹50.76 as of 19th June 2025

- AUM: ₹3192.36 crore

- Expense Ratio: 0.34% for Direct Plan and 0.92% for Regular Plan as of 23rd May 2025

- Since Inception Returns: CAGR of 7.96% since inception

- Minimum SIP: ₹100

- Launch Date: Jan 01 2013

Performance Analysis:

- Recent Returns: Trailing returns are 9.33% (1 year), 7.23% (3 year), 5.82% (5 year)

- Risk Metrics: Standard deviation of 0.84 indicating moderate volatility

- Sharpe ratio of 6.56 indicating better risk-adjusted performance

Who Should Consider This Fund:

- Conservative investors seeking steady income generation

- Those looking for alternatives to fixed deposits with potential for higher returns

- Investors with short to medium-term investment horizons (1-3 years)

- Risk-averse investors who want exposure to debt markets without high volatility

Investment Considerations:

- The fund maintains moderate risk profile making it suitable for conservative portfolios

- Consistent performance track record over multiple market cycles

- Professional management by experienced fund managers

- Low minimum investment requirement makes it accessible to retail investors

FAQs

What is today's NAV of DSP Short Term Fund?

The current NAV of DSP Short Term Fund is ₹50.76, as of 19th June 2025. NAV changes daily based on market conditions.

What is the AUM of DSP Short Term Fund?

The AUM of DSP Short Term Fund is ₹3417.96 Cr as of 19th June 2025, making it a sizeable fund with good liquidity.

What is the expense ratio of DSP Short Term Fund?

The expense ratio of DSP Short Term Fund Plan is 0.34% as of 19th June 2025 for Direct Plan, while Regular Plan has higher charges.

What are the returns of DSP Short Term Fund since inception?

DSP Short Term Fund Direct Growth has given a CAGR return of 7.97% since inception. Past performance may not guarantee future results.

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

The minimum SIP amount to invest in this scheme is ₹100, making it very accessible for retail investors.

How do I invest in DSP Short Term Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing SIP or lumpsum option, and making payment through various modes available.

How to start a SIP in DSP Short Term Fund?

Log into Allvest platform, search for DSP Short Term Fund, select SIP option, choose amount and frequency, set up auto-debit mandate for seamless monthly investments.

How do I automate an SIP in DSP Short Term Fund?

Set up a bank mandate or UPI auto-pay through Allvest platform during SIP registration. This ensures automatic monthly deductions without manual intervention.

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

Place a redemption request through Allvest platform or contact customer support. Proceeds are typically credited to your registered bank account within 1-3 business days for debt funds.