About DSP Low Duration Fund Direct - Growth
DSP Low Duration Fund Direct - Growth 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 ₹2,511.59 Crores and the latest NAV decalared is ₹15.334 as on 07 Jul 2020 at 4:37 am.
DSP Low Duration Fund Direct - Growth scheme return performance in last 1 year is 9.98%, in last 3 years is 26.36% and 53.34% 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.