DSP Short-term Fund

Q: What are the returns of this mutual fund scheme?

The DSP Short-term Fund is a 23 yrs 1 m old fund and has delivered average annual returns of 6.96% since inception. DSP Short-term Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.71% 7.37% 5.52% 6.63% 6.96%

Q: How much does this mutual fund charge as expense ratio?

The DSP Short-term Fund has an expense ratio of 0.99% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹47.5313+0.07% 1 day change	6.96% p.a.	App exclusive #NA View Ranked Funds	₹3,675 Cr

Historical NAV & returns

NAV: ₹47.5313 as on Oct 20, 2025

This fund Category average

DSP Short-term Fund overview

AUM (Fund size)	₹3,675 Cr
Exit load	0%
Lock-in Period	Nil
Age	23 yrs 1 m since Aug 30, 2002
Benchmark	CRISIL Short Duration Debt A-II Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.99% as on Sep 30, 2025
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

DSP Short-term Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.66%	0.63%
3 Months	1.1%	1.2%
6 Months	3.0%	3.07%
1 Year	7.71%	7.95%
2 Years	7.82%	7.97%
3 Years	7.37%	7.57%
4 Years	6.03%	6.44%
5 Years	5.52%	6.07%
7 Years	6.73%	6.7%
10 Years	6.63%	6.73%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 68.79%

SOV 23.03%

AA+ 3.97%

Cash & Call Money 3.92%

Top Debt Holdings

Bajaj Finance Ltd. 8.49%

Small Industries Devp. Bank of India Ltd. 4.93%

REC Ltd. 4.23%

Gujarat State 4.15%

Allocation by Instruments

Debenture 29.110000000000003%

Bonds 24.499999999999996%

GOI Securities 14.88%

Non Convertible Debenture 7.26%

Other Holdings

Others 3.82%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Short-term Fund	0.66%	3.0%	7.71%	7.37%	5.52%	6.63%
UTI Short Duration Fund	0.62%	3.1%	7.79%	7.58%	6.91%	6.26%
ICICI Prudential Short Term Fund	0.64%	3.32%	8.2%	7.82%	6.37%	7.43%
Sundaram Short Duration Fund	0.57%	2.97%	7.69%	7.53%	7.14%	6.22%
SBI Short Term Debt Fund	0.63%	3.28%	8.23%	7.63%	5.76%	6.94%
Aditya Birla Sun Life Short Term Fund	0.73%	3.14%	8.1%	7.64%	6.16%	7.33%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Short-term Fund	1.0	2.62	0.7	1.19
UTI Short Duration Fund	0.89	2.25	1.04	1.95
ICICI Prudential Short Term Fund	0.78	1.79	1.5	2.53
Sundaram Short Duration Fund	1.02	2.5	0.88	1.59
SBI Short Term Debt Fund	0.96	2.45	0.99	1.81
Aditya Birla Sun Life Short Term Fund	0.96	2.35	0.97	1.58

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Short-term Fund	N.A.	3,675 Cr	23 yrs 1 m	0.99%
UTI Short Duration Fund	N.A.	3,231 Cr	18 yrs 1 m	0.82%
ICICI Prudential Short Term Fund	N.A.	22,387 Cr	24 yrs	1.05%
Sundaram Short Duration Fund	N.A.	195 Cr	22 yrs 5 m	0.89%
SBI Short Term Debt Fund	N.A.	16,277 Cr	18 yrs 3 m	0.82%
Aditya Birla Sun Life Short Term Fund	N.A.	10,696 Cr	22 yrs 6 m	0.99%

View all Short Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.41 vs. 4.2 Higher outperformance against benchmark
Sharpe	0.7 vs. 3.83 Poor risk-adjusted returns
Beta	2.62 vs. 1.92 More sensitive to market's ups & downs
Standard deviation	1.0 vs. 1.01 More stable returns

Compare DSP Short-term Fund in detail with

About this fund

About DSP Short-term Fund

DSP Short-term Fund is a Short Duration mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 23 yrs 1 m, having been launched on 30/08/2002. DSP Short-term Fund has ₹3,675 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Short-term Fund as of 20/10/2025 is ₹47.53. The fund has an expense ratio of 0.99%, which is higher than what most other Short Duration funds charge.

DSP Short-term Fund returns of last 1-year are 7.79%. Since launch, it has delivered 6.97% average annual returns. The fund has doubled the money invested in it every 11 yrs.
DSP Short-term Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Bajaj Finance Ltd., Small Industries Devp. Bank of India Ltd., REC Ltd., Gujarat State, India Universal Trust AL1.

...

Fund AUM	3,675 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Karan Mundhra

Mr. Mundra is a B. COM. and Charted Accountant (CA) He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.

Shantanu Godambe

Mr. Godambehas done B.Com, MS (Finance) and CFA Prior to joining DSP Mutual Fund, he has worked with Yes Bank, Prebon Yamane and ICAP India Private Limited

Investment objective

The scheme seeks to generate income commensurate with prudent risk, from a portfolio constituted of money market securities and debt securities.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,12,960 Cr as on Sep 30, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
DSP Credit Risk Fund	N.A.	208 Cr	21.61%	14.88%
DSP Income Plus Arbitrage Omni FoF	N.A.	1,689 Cr	6.56%	11.06%
DSP Floater Fund	N.A.	521 Cr	7.97%	8.31%
DSP 10Y G-Sec Fund	N.A.	56 Cr	7.29%	8.19%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	N.A.	2,061 Cr	8.24%	8.16%
DSP Bond Fund	N.A.	317 Cr	8.23%	7.87%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of DSP Short-term Fund?

The current Net Asset Value (NAV) of the DSP Short-term Fund plan is approximately ₹47.5313 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The DSP Short-term Fund is a 23 yrs 1 m old fund and has delivered average annual returns of 6.96% since inception.

DSP Short-term Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.71%	7.37%	5.52%	6.63%	6.96%

How much does this mutual fund charge as expense ratio?

The DSP Short-term Fund has an expense ratio of 0.99%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The DSP Short-term Fund currently has assets under management (AUM) or fund size valued at approximately 3,675 Cr as on Sep 30, 2025.

To whom does DSP Short-term Fund lend to?

The top 3 debt holdings of DSP Short-term Fund are as follows

Holding Name	Percentage of Portfolio
Bajaj Finance Ltd.	8.49%
Small Industries Devp. Bank of India Ltd.	4.93%
REC Ltd.	4.23%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The DSP Short-term Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	68.79%
SOV	23.03%
AA+	3.97%

What is risk level of DSP Short-term Fund?

This is a Short Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in DSP Short-term Fund?

Redeeming your investments in the DSP Short-term Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Short Duration

#NA

Return Outperformance: This fund has generated highest return amongst Short Duration funds in the last 1 Month.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.