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DSP Short Term Fund

Short DurationLow to ModerateOPEN-ENDED
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NAV as on 9 Nov 2026
₹49.46+0.11%1 day
Return since launch
6.8%
52-week range
₹47.66 — ₹49.46
AUM
₹3,209 Cr

DSP Short Term Fund is a Short Duration debt fund from DSP Mutual Fund with ₹3,209 Cr under management, launched in 2002. Over three years it has returned 5.6% a year, against 6.7% for its category. The expense ratio is 0.96% and the SEBI riskometer reading is Low to Moderate.

Performance

DSP Short Term Fund NAV and returns

Growth of the fund against its category average over the period you pick.

Over 1Y this fund returned +3.7% against +4.3% for its category.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y3.8%−0.5 pts4.3%4.5%
2Y4.7%−0.4 pts5.1%5.2%
3Y5.6%−1.1 pts6.7%6.0%
5Y6.0%−0.1 pts6.0%6.3%
7Y5.7%−0.4 pts6.2%6.0%
10Y6.0%−0.3 pts6.2%6.2%

Fund against category

1Y
Fund3.8%
Category4.3%
3Y
Fund5.6%
Category6.7%
5Y
Fund6.0%
Category6.0%

Since launch (30 Aug 2002): 6.8%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20257.2%−0.9 pts8.1%
20247.6%−0.7 pts8.3%
20236.6%−0.7 pts7.3%
20223.0%−2.0 pts5.0%
20212.8%−1.7 pts4.5%
20209.5%−0.3 pts9.8%

Returns over one year are annualised. Shorter periods are absolute.

Costs & terms

Costs and terms

What the fund charges each year, and the rules around putting money in and taking it out.

Costs

0.96%

Expense ratio as on 6 Nov 2026

Charged yearly and already deducted from the NAV.

Base expense
0.80%
Brokerage
0.01%
Transaction charges
0.01%
Statutory levies
0.14%
Exit load
Exit load of 0.25% if redeemed within 3 months
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
CRISIL Short Duration Debt A-II Index

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Low to Moderate

Your principal is treated as being at low to moderate risk — typically short duration debt schemes.

Risk ratios
RatioFundCategory avgRead as
Alpha——Return earned above what the benchmark alone would have given. Higher is better.
Beta——How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.400.83Return earned for each unit of total risk taken. Higher is better.
Sortino0.641.36Return earned for each unit of downside risk. Higher is better.
Std. deviation1.521.37How widely monthly returns have varied around their own average. Lower is steadier.
Average of 5 category peers

Portfolio

DSP Short Term Fund portfolio

Portfolio as of 30 Sep 2026

Asset allocation

  • Debt97.4%
  • Other2.6%

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
GOISovereign6.09%₹208 Cr+2.98%+8.82%+2.82%
LIC Housing Finance Ltd.Financial4.26%₹145 Cr+2.96%+3.56%+5.60%
India Universal Trust AL1Others3.81%₹130 Cr+3.84%+4.80%+3.98%
Tata Capital Housing Finance Ltd.Financial3.68%₹126 Cr+3.00%+1.82%+1.40%
Small Industries Devp. Bank of India Ltd.Financial3.66%₹125 Cr+5.68%+3.44%+2.88%
Power Finance Corporation Ltd.Financial3.50%₹119 Cr+2.16%+5.22%+4.17%
Export-Import Bank Of IndiaFinancial2.96%₹101 Cr+4.50%+5.40%+4.17%
Knowledge Realty TrustConstruction2.90%₹99.05 Cr+2.83%+3.43%—
Indian BankFinancial2.79%₹95.17 Cr———
Muthoot Finance Ltd.Financial2.55%₹87.14 Cr+0.71%+0.93%+0.71%

Sectors

  • Financial55.5%
  • Sovereign19.4%
  • Construction9.6%
  • Others6.1%
  • Communication4.4%
  • Capital Goods2.2%
  • Materials1.5%
  • Healthcare1.3%

Instruments

  • Debenture29.0%
  • GOI Securities14.8%
  • Certificate of Deposit12.8%
  • Non Convertible Debenture11.2%
  • Bonds10.3%
  • Bonds/NCDs6.0%
  • State Development Loan5.2%
  • GOI Securities Floating Rate Bond4.6%

Recent changes

HoldingFromToWeight
Indian Bank0.00%2.79%+2.79%
company:14122.25%0.00%-2.25%
company:59891.52%0.00%-1.52%
company:4421.50%0.00%-1.50%
Punjab National Bank0.00%1.43%+1.43%
Union Bank of India0.00%1.43%+1.43%
Canara Bank1.49%0.69%-0.80%
Bajaj Housing Finance Ltd.0.00%0.76%+0.76%
company:53290.76%0.00%-0.76%
GOI4.97%4.59%-0.38%
India Universal Trust AL14.09%3.81%-0.28%
Knowledge Realty Trust3.11%2.90%-0.21%
Small Industries Devp. Bank of India Ltd.3.10%2.93%-0.17%
Cholamandalam Investment and Finance Company Ltd.1.34%1.18%-0.16%
Gujarat State1.58%1.44%-0.14%
Muthoot Finance Ltd.2.68%2.55%-0.13%
India Infrastructure Finance Company Ltd.2.46%2.34%-0.12%
Indian Railway Finance Corporation Ltd.2.39%2.27%-0.12%
Jamnagar Utilities and Power Pvt. Ltd.2.33%2.22%-0.11%
Maharashtra State1.63%1.54%-0.09%
Ultratech Cement Ltd.1.55%1.47%-0.08%
Bajaj Finance Ltd.1.63%1.55%-0.08%
ICICI Home Finance Company Ltd.1.63%1.55%-0.08%
Export-Import Bank Of India1.55%1.48%-0.07%
Tata Capital Housing Finance Ltd.1.55%1.48%-0.07%
Mahindra Rural Housing Finance Ltd.1.57%1.51%-0.06%
Mindspace Business Parks REIT0.77%0.72%-0.05%
REC Ltd.1.12%1.07%-0.05%
Jio Credit Ltd.0.82%0.77%-0.05%
National Bank For Agriculture & Rural Development0.79%0.75%-0.04%
Power Finance Corporation Ltd.0.79%0.75%-0.04%
LIC Housing Finance Ltd.0.82%0.78%-0.04%
Torrent Pharmaceuticals Ltd.0.61%0.58%-0.03%
Others0.35%0.33%-0.02%
Bharti Telecom Ltd.0.24%0.23%-0.01%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹7,266 Cr0.78%5.1%6.3%6.6%
ICICI Prudential Short Term Fund₹18,468 Cr1.03%4.7%6.3%6.7%
Bandhan Short Term Fund₹8,628 Cr0.86%5.3%6.4%6.6%
Axis Short Term Fund₹7,395 Cr0.95%5.0%6.5%6.7%
Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund₹1,651 Cr0.33%6.0%——
Sundaram Short Term Fund₹190 Cr0.73%4.7%6.0%6.3%
See all Short Duration funds

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The scheme seeks to generate income commensurate with prudent risk, from a portfolio constituted of money market securities and debt securities.

Fund managers

  • Karan MundhraMr. Mundra is a B. COM. and Charted Accountant (CA)He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.
  • Shantanu GodambeMr. Godambehas done B.Com, MS (Finance) and CFAPrior to joining DSP Mutual Fund, he has worked with Yes Bank, Prebon Yamane and ICAP India Private Limited
Scheme information document

Tools

Return calculator

What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.

₹
Over the pastTotal investmentWould’ve becomeGrowthReturns
6 months2.45% absolute₹60,000₹61,4702.45%
1 year3.69% annualised₹1,20,000₹1,22,4262.02%
3 years6.43% annualised₹3,60,000₹3,98,02310.56%
5 years5.61% annualised₹6,00,000₹6,93,98115.66%

Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.

How this is calculated

Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.

The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.

Questions

Frequently asked questions

The things people ask about this scheme.

What is the NAV of DSP Short Term Fund?
The NAV of DSP Short Term Fund is ₹49.46 as on 9 Nov 2026.
What is the expense ratio of DSP Short Term Fund?
The expense ratio of DSP Short Term Fund is 0.96% per year.
What is the minimum SIP amount for DSP Short Term Fund?
You can start a SIP in DSP Short Term Fund with ₹3,000 a month.
What returns has DSP Short Term Fund given?
DSP Short Term Fund has returned 3.8% over 1 year, 5.6% over 3 years and 6.0% over 5 years (annualised).
Is there a lock-in or exit load on DSP Short Term Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 3 months.
How risky is DSP Short Term Fund?
DSP Short Term Fund is rated Low to Moderate on the SEBI riskometer and belongs to the Short Duration category.
Which fund house manages DSP Short Term Fund?
DSP Short Term Fund is managed by DSP Mutual Fund, which runs 60 schemes with ₹2,47,696 Cr under management.