DSP Short Term Fund

Direct Plan · Growth · Short Duration · Scheme code 119226

NAV₹53.8325as on 27 Oct 2026

Fund houseDSP Mutual Fund

CategoryShort Duration

Plan & optionDirect · Growth

History13.7 years

Returns (%)

	1M	3M	6M	1Y	3Y	5Y	7Y	10Y	Launch
This scheme	0.10	2.24	2.55	5.50	7.28	6.26	6.66	7.01	7.70
Short Duration category median	—	—	—	4.50	7.22	6.42	—	7.10	—

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	1.4%	0.54	0.92	—	—	-2.8%	—

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

Drawdown from peak (%)

Every one-year period it has lived through

Windows	Worst	Median	Best	Periods that lost money
3,063	2.2%	8.3%	12.0%	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 Short Term Fund

Direct Plan · Growth

Allocation

By asset

Debt	95.67%
REITs / InvITs	3.62%
Cash & Equivalents	0.38%
AIF Units	0.33%

By market cap

Unclassified	99.84%

Concentration

Number of stocks	63
Top 5 stocks	28.68%
Top 10 stocks	42.14%
Top 20 stocks	61.37%
Lines in the filing	65

Largest holding	13.31%
Largest sector	CRISIL AAA 44.77%
Effective stocks	28.3
Sectors held	10
Cash	0.38%

Effective stocks is what the concentration works out to: a fund holding 63 names but most of its money in a few behaves like a fund of 28. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

CRISIL AAA	44.77%
Sovereign	24.55%
CRISIL A1+	11.36%
ICRA AAA	4.45%
CRISIL AA+	4.06%
IND AAA(SO)	3.81%
ICRA AA+	2.52%
IND AAA	2.34%
ICRA A1+	1.43%
Cash & Equivalents	0.38%
Unclassified	0.33%

DSP Short Term Fund

Direct Plan · Growth · holdings

Top 30 holdings

#	Company	Sector	Shares held	Value ₹ cr	% of fund
1	6.94% GOI 11052036	Sovereign	45,000,000	455	13.31%
2	6.87% GOI FRB 22092033	Sovereign	15,000,000	157	4.59%
3	Bharti Telecom Limited	CRISIL AAA	13,000	138	4.04%
4	India Universal Trust	IND AAA(SO)	155	130	3.81%
5	Small Industries Development Bank Of India	CRISIL AAA	10,000	100	2.93%
6	Knowledge Realty Trust	CRISIL AAA	10,000	99	2.90%
7	Canara Bank	CRISIL A1+	2,000	98	2.88%
8	Indian Bank	CRISIL A1+	2,000	95	2.79%
9	Muthoot Finance Limited	CRISIL AA+	8,500	87	2.55%
10	India Infrastructure Finance Co Limited	IND AAA	7,500	80	2.34%
11	Indian Railway Finance Corporation Limited	CRISIL AAA	750	78	2.27%
12	Jamnagar Utilities & Power Pvt Limited	CRISIL AAA	7,500	76	2.22%
13	Tata Capital Housing Finance Limited	CRISIL AAA	7,500	75	2.20%
14	REC Limited	ICRA AAA	7,500	74	2.18%
15	7.07% Gujarat SDL 12022032	Sovereign	7,500,000	74	2.17%
16	Power Finance Corporation Limited	CRISIL AAA	650	69	2.01%
17	Bajaj Finance Limited	CRISIL AAA	5,000	53	1.55%
18	ICICI Home Finance Co Limited	ICRA AAA	5,000	53	1.55%
19	LIC Housing Finance Limited	CRISIL AAA	500	53	1.54%
20	7.83% Maharashtra SDL 08042030	Sovereign	5,000,000	53	1.54%
21	Mahindra Rural Housing Finance Limited	CRISIL AAA	5,000	52	1.51%
22	Muthoot Finance Limited	CRISIL AA+	5,000	51	1.51%
23	Small Industries Development Bank Of India	CRISIL AAA	5,000	51	1.50%
24	7.02% GOI 18062031	Sovereign	5,000,000	51	1.50%
25	REC Limited	CRISIL AAA	5,000	51	1.49%
26	Tata Capital Housing Finance Limited	CRISIL AAA	5,000	50	1.48%
27	Export-Import Bank of India	CRISIL AAA	500	50	1.48%
28	Ultratech Cement Limited	CRISIL AAA	5,000	50	1.47%
29	7.12% Gujarat SDL 02032032	Sovereign	5,000,000	49	1.44%
30	Union Bank of India	ICRA A1+	1,000	49	1.43%

DSP 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
₹330 cr	₹0 cr	0	5	-0.06%

Stock	Shares traded	Shares	Price	Value ₹ cr
Added to
6.75% GOI FRB 22092033	10,000,000	+200.0%	+0.4%	106
6.94% GOI 11052036	7,500,000	+30.0%	-0.1%	76.7
7.07% Gujarat SDL 12022032	5,000,000	+200.0%	+0.7%	51.5
6.61% Gujarat SDL 07052032	5,000,000	+100.0%	+0.7%	49.6
National Bank For Agriculture & Rural Development	2,500	+20.0%	-2.3%	25.1
7.83% Maharashtra SDL 08042030	2,000,000	+66.7%	+0.5%	21.1
Sold out of
REC Limited	10,000	exited	—	101
7.55 % Gujarat SDL 2030	5,175,600	exited	—	53.1
6.48% GOI 2035	5,000,000	exited	—	49.8
Small Industries Development Bank of India	1,000	exited	—	46.8
6.98% Gujarat SDL 2031	3,455,000	exited	—	35.4

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	₹714,210	₹114,210	6.91%

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 28 Oct 2026.