About DSP Ultra Short Fund Direct Plan-Growth
DSP Ultra Short Fund Direct Plan-Growth 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 ₹2,456.26 Crores and the latest NAV decalared is ₹2649.677 as on 16 Oct 2019 at 10:10 pm.
DSP Ultra Short Fund Direct Plan-Growth scheme return performance in last 1 year is 7.47%, in last 3 years is 22.43% and 69.86% 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.