DSP Short Term Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

DSP Mutual Fund · Debt fund · Direct plan · Growth

Short DurationDirect · GrowthRisk: Moderate

NAV · 6 Nov 2026

₹54.1252 ▲ 0.02%

DSP Mutual Fund

Fund size₹3,416 crJuly - September 2026

1-month range₹53.80 – 54.13

1 year+4.29%rank 18 of 25

Expense ratio0.37%direct plan, a year

5 years+6.28%a year

What the fund does

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. There is no assurance that the investment objective of the Scheme will be achieved.

BenchmarkCRISIL Short Duration Debt A-II Index

Launched9 Sept 2002

Fund houseDSP Mutual Fund

Fund managersKaran Mundhrasince 1 Aug 2024Shantanu Godambesince 1 Jan 2025

NAV history

Returns

1 week

+0.46%avg 0.6%

1 month

+0.26%avg 0.3%

3 months

+0.16%avg 0.4%

6 months

+2.57%avg 2.3%

This year

+3.81%avg 2.9%

1 year

+4.29%avg 3.4% · #18/25

3 years (a year)

+7.10%avg 5.9% · #16/25

5 years (a year)

+6.28%avg 5.9% · #14/20

Bars: this plan; the thin mark is the Short Duration average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.5
2025	+0.8	+0.5	+1.1	+1.3	+1.2	+0.2	+0.6	-0.0	+0.6	+0.8	+0.5	+0.1
2026	+0.0	+0.8	-0.4	+0.5	+0.2	+1.9	+0.3	+0.1	+0.1	-0.2	+0.5

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Holdings6365 lines in all

Top 10 holdings42.1%of the fund

Debt85.8%bonds, government securities

Money market12.8%CDs, CPs, treasury bills

Where the money is

Debt 85.8%Money market 12.8%Cash & others 1.4%

Credit quality (debt and money market)

AAA

54.6%

Sovereign

24.6%

A1+

12.8%

AA+

6.6%

Changes since 31 Aug 2026

Share of fund	30 Sept 2026	31 Aug 2026	Change
Debt	85.8%	82.9%	+2.86
Money market	12.8%	15.8%	-3.01
Cash & others	1.4%	1.3%	+0.15

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Bonds, money market and cash 65

Holding	Sector / type	% of fund
6.94% GOI 11052036 IN0020260025	Sovereign	13.31%
6.87% GOI FRB 22092033 IN0020200120	Sovereign	4.59%
Bharti Telecom Limited** INE403D08272	CRISIL AAA	4.04%
India Universal Trust** INE16J715035	IND AAA(SO)	3.81%
Small Industries Development Bank Of India** INE556F08LF3	CRISIL AAA	2.93%
Knowledge Realty Trust** INE1JAR07028	CRISIL AAA	2.90%
Canara Bank INE476A16F94	CRISIL A1+	2.88%
Indian Bank** INE562A16RK2	CRISIL A1+	2.79%
Muthoot Finance Limited** INE414G07IF1	CRISIL AA+	2.55%
India Infrastructure Finance Co Limited** INE787H08154	IND AAA	2.34%
Indian Railway Finance Corporation Limited** INE053F07AA7	CRISIL AAA	2.27%
Jamnagar Utilities & Power Pvt Limited** INE936D07182	CRISIL AAA	2.22%
Tata Capital Housing Finance Limited INE033L07IW4	CRISIL AAA	2.20%
REC Limited** INE020B08FU0	ICRA AAA	2.18%
7.07% Gujarat SDL 12022032 IN1520240202	Sovereign	2.17%
Power Finance Corporation Limited** INE134E08LX5	CRISIL AAA	2.01%
ICICI Home Finance Co Limited** INE071G07728	ICRA AAA	1.55%
Bajaj Finance Limited INE296A07TF2	CRISIL AAA	1.55%
LIC Housing Finance Limited** INE115A07MW4	CRISIL AAA	1.54%
7.83% Maharashtra SDL 08042030 IN2220200017	Sovereign	1.54%
Mahindra Rural Housing Finance Limited** INE950O07560	CRISIL AAA	1.51%
Muthoot Finance Limited** INE414G07JZ7	CRISIL AA+	1.51%
Small Industries Development Bank Of India** INE556F08LE6	CRISIL AAA	1.50%
7.02% GOI 18062031 IN0020240076	Sovereign	1.50%
REC Limited** INE020B08FL9	CRISIL AAA	1.49%
Export-Import Bank of India** INE514E08FP6	CRISIL AAA	1.48%
Tata Capital Housing Finance Limited** INE033L07IO1	CRISIL AAA	1.48%
Ultratech Cement Limited** INE481G08156	CRISIL AAA	1.47%
7.12% Gujarat SDL 02032032 IN1520210213	Sovereign	1.44%
Union Bank of India INE692A16KU1	ICRA A1+	1.43%
Punjab National Bank** INE160A16UC6	CRISIL A1+	1.43%
Cholamandalam Investment and Finance Co Limited** INE121A07SH0	ICRA AA+	1.18%
LIC Housing Finance Limited** INE115A07RG6	CRISIL AAA	1.17%
REC Limited** INE020B08EH0	CRISIL AAA	1.07%
LIC Housing Finance Limited** INE115A07QY1	CRISIL AAA	0.78%
Small Industries Development Bank Of India INE556F08KU4	CRISIL AAA	0.77%
Jio Credit Limited** INE282H07034	CRISIL AAA	0.77%
LIC Housing Finance Limited** INE115A07QW5	CRISIL AAA	0.77%
Export-Import Bank Of India INE514E08GD0	CRISIL AAA	0.76%
Torrent Pharmaceuticals Limited** INE685A07165	ICRA AA+	0.76%
REC Limited** INE020B08EA5	CRISIL AAA	0.76%
Bajaj Housing Finance Limited** INE377Y07532	CRISIL AAA	0.76%
National Bank For Agriculture & Rural Development** INE261F08ER0	CRISIL AAA	0.75%
Power Finance Corporation Limited** INE134E08KV1	CRISIL AAA	0.75%
Small Industries Development Bank Of India** INE556F08KX8	CRISIL AAA	0.74%
Power Finance Corporation Limited INE134E08JE9	CRISIL AAA	0.74%
Power Finance Corporation Limited** INE134E08NS1	CRISIL AAA	0.74%
Small Industries Development Bank Of India** INE556F08LD8	CRISIL AAA	0.73%
REC Limited INE020B08GG7	CRISIL AAA	0.73%
Bajaj Finance Limited INE296A07TL0	CRISIL AAA	0.72%
Mindspace Business Parks REIT** INE0CCU07181	ICRA AAA	0.72%
Export-Import Bank Of India** INE514E16CO9	CRISIL A1+	0.72%
Canara Bank** INE476A16G44	CRISIL A1+	0.72%
National Bank For Agriculture & Rural Development** INE261F16AI0	CRISIL A1+	0.71%
Canara Bank** INE476A16H92	CRISIL A1+	0.71%
National Bank For Agriculture & Rural Development INE261F16AQ3	CRISIL A1+	0.71%
Canara Bank** INE476A16K14	CRISIL A1+	0.69%
Torrent Pharmaceuticals Limited** INE685A07157	ICRA AA+	0.58%
SBI Funds Management Pvt Limited/Fund Parent INF0RQ622028	–	0.33%
TREPS / Reverse Repo Investments	–	0.24%
Bharti Telecom Limited INE403D08298	CRISIL AAA	0.23%
Bharti Telecom Limited** INE403D08306	CRISIL AAA	0.15%
REC Limited INE020B08GD4	CRISIL AAA	0.15%
Power Finance Corporation Limited INE134E08ND3	CRISIL AAA	0.14%
Net Receivables/Payables	–	0.14%

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From the fund house's monthly portfolio (dspim.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility1.3%yearly, from daily NAVs

Worst fall-0.66%2 Mar 2026 → 2 Apr 2026

RiskometerModerateModerate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Where it can invest (limits from the scheme document)

Debt and Money market instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years

0–100%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹3,416 cr across all plans · this plan ₹2,846 cr
Fund house	DSP Mutual Fund
Category	Debt · Short Duration
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 0.37% · Regular 0.96% (5 Nov 2026)
Minimum investment	₹100 · additional ₹100
Scheme code (AMFI)	119226
ISIN	INF740K01NJ5
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · IDCW	₹12.3581	-1.54%
Direct · IDCW	₹10.1928	+0.02%
Direct · IDCW	₹11.7592	+0.31%
Regular · Growth	₹49.4084	+3.67%
Regular · IDCW	₹10.1835	-0.07%
Regular · IDCW	₹12.3594	-1.54%
Regular · IDCW	₹11.6545	+0.22%

Top Short Duration funds (direct plans)

Fund	1 year	3 years (a year)
Bandhan Short Term Fund	+5.68%	+7.68%
ICICI Prudential Short Term Fund	+5.55%	+7.68%
Mahindra Manulife Short Term Fund	+5.38%	+7.68%
Nippon India Short Term Fund	+4.90%	+7.61%
Aditya Birla Sun Life Short Term Fund	+4.96%	+7.57%
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios)	+4.95%	+7.44%
LIC MF Short Term Fund	+4.89%	+7.43%
HDFC Short Term Fund	+4.78%	+7.41%
DSP Short Term Fund	+4.29%	+7.10%

All Short Duration funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of DSP Short Term Fund - Direct Plan - Growth today?

₹54.1252 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of DSP Short Term Fund - Direct Plan - Growth?

1 year: 4.29%, 3 years: 7.10% a year, 5 years: 6.28% a year

How does DSP Short Term Fund rank in its category?

18 of 25 Short Duration funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.