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DSP Savings Fund An open ended debt scheme investing in money market instruments |
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Money Market Fund employing roll down strategy (maturity of portfolio runs down to 0 with time)
Money Market Fund investing in a 1 Year 100% A1+ portfolio in March offering reducing interest risk with time (roll-down strategy)
Rahul Vekaria
Total work experience of 7 years.
Managing this Scheme since
February 2018
Kedar Karnik
Total work experience of 13 years.
Managing this Scheme since July
2016.
Money Market
Sep 30, 1999
CRISIL Money Market Index
| Regular Plan | |
| Growth: | ₹ 39.4242 |
| Direct Plan | |
| Growth: | ₹ 40.1417 |
₹ 1,203 Cr
₹ 1,125 Cr
| Regular Plan : | 0.47% |
| Direct Plan : | 0.22% |
0.80 years
6-12 months
1,203
| Modified Duration | 0.75 years |
| Yield To Maturity | 5.71% |
Nil
| Name of Instrument | Rating | % to Net Assets |
| MONEY MARKET INSTRUMENTS | ||
| Certificate of Deposit | ||
| ✔ ICICI Bank Limited | ICRA A1+ | 9.45% |
| ✔ Bank of Baroda | ICRA A1+ | 8.00% |
| ✔ Andhra Bank | CARE A1+ | 7.98% |
| ✔ Axis Bank Limited | CRISIL A1+ | 7.98% |
| ✔ Export-Import Bank of India | CRISIL A1+ | 7.96% |
| ✔ National Bank for Agriculture and Rural Development | CRISIL A1+ | 5.99% |
| ✔ Small Industries Development Bank of India | CARE A1+ | 3.98% |
| Small Industries Development Bank of India | CRISIL A1+ | 3.98% |
| National Bank for Agriculture and Rural Development | IND A1+ | 1.04% |
| Total | 56.36% | |
| Commercial Paper | ||
| Listed / awaiting listing on the stock exchanges | ||
| ✔ Reliance Industries Limited | CARE A1+ | 9.34% |
| ✔ Tata Capital Housing Finance Limited | CRISIL A1+ | 7.87% |
| ✔ Axis Finance Limited | CRISIL A1+ | 7.87% |
| Kotak Mahindra Prime Limited | ICRA A1+ | 3.96% |
| Reliance Jio Infocomm Limited | CARE A1+ | 3.96% |
| Kotak Mahindra Prime Limited | CRISIL A1+ | 3.93% |
| Housing Development Finance Corporation Limited | CRISIL A1+ | 3.15% |
| Sundaram Finance Limited | ICRA A1+ | 1.98% |
| Total | 42.06% | |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 3.79% | |
| Total | 3.79% | |
| Cash & Cash Equivalent | ||
| Net Receivables/Payables | -2.21% | |
| Total | -2.21% | |
| GRAND TOTAL | 100.00% |
✔ Top Ten Holdings
DSP Savings Fund was erstwhile known as DSP Treasury Bill Fund
| Performance (CAGR Returns in %) | ||||
| 1 yr | 3 yr | 5 yr | SI | |
| SI - Since inception | 7.24 | 6.95 | 6.86 | 6.89 |
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are for Regular Plan - Growth Option Click here for performance in SEBI prescribed format.
The primary investment objective
of the Scheme is to generate
income through investment in a
portfolio comprising of money
market instruments with maturity
less than or equal to 1 year.
There is no assurance that the
investment objective of the
Scheme will be realized.
This Open Ended Scheme is suitable for investors who are seeking*
• Income over a short-term investment horizon
• Investment in money market instruments with maturity less than or equal to 1 year.
* Investors should consult their financial advisors if in doubt whether the product is suitable for them.