About DSP Low Duration Fund Direct-Dividend Monthly
DSP Low Duration Fund Direct-Dividend Monthly 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 Rahul Vekaria
and Kedar Karnik
. It has an AUM of ₹2,457.79 Crores and the latest NAV decalared is ₹11.562 as on 18 Oct 2019 at 10:50 pm.
DSP Low Duration Fund Direct-Dividend Monthly scheme return performance in last 1 year is 9.73%, in last 3 years is 25.63% and 59.94% 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.