About DSP Low Duration Fund Direct - Dividend Monthly Payout
DSP Low Duration Fund Direct - Dividend Monthly Payout is a Debt
mutual fund scheme from DSP Mutual Fund
. This scheme was launched on 10 Mar 2015 and is currently managed by its fund managers Kedar Karnik
and Laukik Bagwe
. It has an AUM of ₹2,714.39 Crores and the latest NAV decalared is ₹11.560 as on 13 Jul 2020 at 1:20 am.
DSP Low Duration Fund Direct - Dividend Monthly Payout scheme return performance in last 1 year is 9.99%, in last 3 years is 26.37% and 69.52% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.