DSP Ultra Short Fund
The scheme aims to generate reasonable returns commensurate with low risk and a high degree of liquidity, from a portfolio constituted of money market securities and high quality debt securities.
Growthvine rating: 2/5 — ranked #17 of 31 in category.
Fund basics
| Category | Debt: Ultra Short Duration |
|---|---|
| NAV | ₹3636.39 (as of 2026-08-21) |
| AUM | ₹4,456 Cr |
| Expense ratio | 0.86% |
| Riskometer | Low to Moderate |
| Fund manager | Karan Mundhra |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.82% |
|---|---|
| Sharpe ratio | 1.45 |
| Standard deviation | 0.49% |
| Max drawdown | -1.07% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 85.8% of NIFTY Ultra Short Duration Debt Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.8% | Q3 | #20 of 30 |
| 2025 | 6.7% | Q3 | #14 of 25 |
| 2024 | 6.9% | Q3 | #16 of 24 |
| 2023 | 6.7% | Q2 | #12 of 24 |
| 2022 | 4.1% | Q3 | #18 of 23 |