DSP Ultra Short Term Fund

Direct Plan · Growth · Ultra Short Duration · Scheme code 119205

NAV₹4,025.6955as on 27 Oct 2026

Fund houseDSP Mutual Fund

CategoryUltra Short Duration

Plan & optionDirect · Growth

History13.7 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.55	2.08	3.55	6.65	7.42	6.61	6.18	6.43	7.13
Ultra Short Duration category median	—	—	—	6.01	7.17	6.54	—	6.69	—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

	Volatility	Sharpe	Sortino	Beta	Alpha	Max fall	R²
This scheme	0.5%	1.89	4.02	—	—	-1.1%	—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the — months this scheme and its benchmark share.

Growth of ₹100 since launch

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
3,063	3.5%	7.4%	10.7%	0%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

DSP Ultra Short Term Fund

Direct Plan · Growth

Allocation

By asset

Debt	100.24%
AIF Units	0.26%

By market cap

Unclassified	198.27%

Concentration

Number of stocks	92
Top 5 stocks	15.87%
Top 10 stocks	26.65%
Top 20 stocks	43.87%
Lines in the filing	94

Largest holding	4.94%
Largest sector	CRISIL A1+ 53.66%
Effective stocks	61.8
Sectors held	14
Cash	-0.50%

Effective stocks is what the concentration works out to: a fund holding 92 names but most of its money in a few behaves like a fund of 62. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL A1+	53.66%
CRISIL AAA	10.14%
Sovereign	8.52%
ICRA AA+	5.17%
CRISIL AA+	4.12%
ICRA A1+	3.80%
ICRA AAA	3.21%
IND A1+	2.76%
CRISIL AA	2.60%
CARE AA	2.36%
ICRA AA	1.73%
IND AA+	1.12%
CARE AA+	1.05%
Unclassified	0.26%

DSP Ultra Short Term Fund

Direct Plan · Growth · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	Canara Bank	CRISIL A1+	4,500	219	4.94%
2	Small Industries Development Bank of India	CRISIL A1+	3,500	166	3.76%
3	Export-Import Bank Of India	CRISIL A1+	2,500	122	2.76%
4	National Bank For Agriculture & Rural Development	CRISIL A1+	2,000	98	2.21%
5	182 DAYS T-BILL 18032027	Sovereign	10,000,000	97	2.20%
6	HDFC Bank Limited	CRISIL A1+	2,000	97	2.20%
7	Federal Bank Limited	CRISIL A1+	2,000	97	2.20%
8	Export-Import Bank Of India	CRISIL A1+	2,000	97	2.19%
9	Bajaj Finance Limited	CRISIL A1+	2,000	95	2.15%
10	National Bank For Agriculture & Rural Development	ICRA AAA	9,000	90	2.04%
11	LIC Housing Finance Limited	CRISIL AAA	850	87	1.96%
12	Cholamandalam Investment and Finance Co Limited	ICRA AA+	8,000	80	1.82%
13	360 One Prime Limited	ICRA AA	7,500	77	1.73%
14	6.38% Maharashtra SDL 25082027	Sovereign	7,500,000	75	1.71%
15	Aditya Birla Renewables Limited	CRISIL AA	7,500	75	1.70%
16	Indostar Capital Finance Limited	CRISIL A1+	1,500	75	1.69%
17	HDFC Bank Limited	CRISIL A1+	1,500	73	1.66%
18	Bank of Baroda	IND A1+	1,500	73	1.66%
19	HDFC Bank Limited	CRISIL A1+	1,500	73	1.65%
20	National Bank For Agriculture & Rural Development	CRISIL A1+	1,500	73	1.64%
21	Union Bank of India	ICRA A1+	1,500	72	1.62%
22	Indian Bank	CRISIL A1+	1,500	71	1.61%
23	Piramal Finance Limited	ICRA AA+	5,500	60	1.35%
24	Nuvama Wealth and Investment Limited	CARE AA	5,000	54	1.21%
25	Torrent Power Limited	CRISIL AA+	500	52	1.18%
26	Torrent Pharmaceuticals Limited	ICRA AA+	5,000	52	1.18%
27	Tata Capital Housing Finance Limited	CRISIL AAA	5,000	52	1.17%
28	Bajaj Housing Finance Limited	CRISIL AAA	5,000	52	1.17%
29	Mankind Pharma Limited	CRISIL AA+	5,000	52	1.17%
30	8.24% GOI 15022027	Sovereign	5,000,000	51	1.15%

DSP Ultra Short Term Fund

Direct Plan · Growth · where the money sits

What the manager did last month

Between the filings of 30 Jun 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

Bought	Sold	New positions	Sold out of	Price move of holdings
₹327 cr	₹85 cr	24	12	+0.44%

Stock	Shares traded	Shares	Price	Value ₹ cr
New position
TREPS / Reverse Repo Investments	—	entered	—	145
LIC Housing Finance Ltd	5,000	entered	—	53.1
Bajaj Housing Finance Ltd	5,000	entered	—	51.4
Mirae Asset Financial Services India Pvt Ltd	1,000	entered	—	49.3
IDFC First Bank Ltd	1,000	entered	—	48.4
Export-Import Bank Of India	1,000	entered	—	48.4
HDFC Bank Ltd	1,000	entered	—	48.2
Bank of Baroda	1,000	entered	—	47.1
Added to
Cholamandalam Investment and Finance Co Ltd	5,000	+166.7%	+0.6%	53.8
National Bank For Agriculture & Rural Development	5,000	+200.0%	+0.4%	53.4
5.74% GOI 15112026	5,000,000	+66.7%	+0.5%	50.6
Canara Bank	1,000	+28.6%	+0.5%	48.1
HDFC Bank Ltd	1,000	+200.0%	+0.5%	48.0
Bank of Baroda	500	+50.0%	+0.5%	24.4
Kotak Mahindra Bank Ltd	500	+25.0%	+0.5%	24.4
Export-Import Bank Of India	500	+100.0%	+0.5%	24.0
Trimmed
182 DAYS T-BILL 03092026	7,500,000	-75.0%	+0.4%	74.7
Piramal Finance Ltd	1,000	-15.4%	+1.0%	10.7
Sold out of
Godrej Properties Limited	11,500	exited	—	124
Cholamandalam Investment and Finance Company Limited	2,000	exited	—	98.1
Cholamandalam Investment and Finance Company Limited	5,000	exited	—	50.1
Union Bank of India	1,000	exited	—	49.3
Bank of Baroda	1,000	exited	—	48.6
Canara Bank	1,000	exited	—	47.8
Tata Capital Limited	250	exited	—	34.1
Bank of Baroda	500	exited	—	24.0

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

Invested	Value	Gain	XIRR
₹600,000	₹718,789	₹118,789	7.17%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 29 Oct 2026.