About DSP Ultra Short Fund Direct Plan - Dividend Payout
DSP Ultra Short Fund Direct Plan - Dividend Payout is a Debt
mutual fund scheme from DSP Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Rahul Vekaria
and Kedar Karnik
. It has an AUM of ₹2,460.87 Crores and the latest NAV decalared is ₹1094.230 as on 24 Feb 2020 at 9:00 pm.
DSP Ultra Short Fund Direct Plan - Dividend Payout scheme return performance in last 1 year is 7.78%, in last 3 years is 22.12% and 76.44% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Ultra Short Duration Funds maintain a portfolio of debt and money market instruments wherein the portfolio has a Macaulay duration of around 3 to 6 months. Among the duration funds, these funds are relatively less affected by the movement of overall interest rates. These funds may be suitable to earn regular income with high liquidity.