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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)
Kedar Karnik
Total work experience of
14 years.
Managing this Scheme since
July 2016.
Money Market
Sep 30, 1999
CRISIL Money Market Index
| Regular Plan | |
| Growth: | ₹ 40.8139 |
| Direct Plan | |
| Growth: | ₹ 41.6055 |
₹ 2,053 Cr
₹ 2,137 Cr
| Regular Plan : | 0.46% |
| Direct Plan : | 0.23% |
0.26 years
6-12 months
| Modified Duration | 0.25 years |
| Yield To Maturity | 3.11% |
| Portfolio Macaulay Duration | 0.25 years |
Nil
Data As On November 27, 2020
| Name of Instrument | Rating | % to Net Assets |
| MONEY MARKET INSTRUMENTS | ||
| Certificate of Deposit | ||
| ✔ Export-Import Bank of India | CRISIL A1+ | 8.21 |
| ✔ Bank of Baroda | ICRA A1+ | 6.78 |
| ✔ Union Bank of India | CARE A1+ | 4.84 |
| National Bank for Agriculture and Rural Development | CRISIL A1+ | 3.63 |
| Small Industries Development Bank of India | CARE A1+ | 2.41 |
| Small Industries Development Bank of India | CRISIL A1+ | 2.41 |
| Axis Bank Limited | CRISIL A1+ | 1.21 |
| Bank of Baroda | IND A1+ | 1.21 |
| National Bank for Agriculture and Rural Development | IND A1+ | 0.73 |
| ICICI Bank Limited | ICRA A1+ | 0.48 |
| Total | 31.91 | |
| Commercial Papers | ||
| Listed / awaiting listing on the stock exchanges | ||
| ✔ Housing Development Finance Corporation Limited | CRISIL A1+ | 8.69 |
| ✔ Larsen & Toubro Limited | CRISIL A1+ | 8.44 |
| ✔ Reliance Industries Limited | CARE A1+ | 7.58 |
| ✔ Axis Finance Limited | CRISIL A1+ | 4.83 |
| ✔ Tata Capital Housing Finance Limited | CRISIL A1+ | 4.83 |
| Kotak Mahindra Prime Limited | CRISIL A1+ | 3.62 |
| Deutsche Investments India Private Limited | CRISIL A1+ | 2.90 |
| Kotak Mahindra Prime Limited | ICRA A1+ | 2.42 |
| Reliance Jio Infocomm Limited | CARE A1+ | 2.42 |
| ICICI Securities Limited | CRISIL A1+ | 2.41 |
| Sundaram Finance Limited | ICRA A1+ | 1.21 |
| National Bank for Agriculture and Rural Development | ICRA A1+ | 0.97 |
| Total | 50.32 | |
| Treasury Bill | ||
| ✔ 182 DAY T-BILL 25032021 | SOV | 7.24 |
| ✔ 182 DAY T-BILL 11032021 | SOV | 4.83 |
| 182 DAY T-BILL 18032021 | SOV | 4.83 |
| Total | 16.90 | |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 1.07 | |
| Total | 1.07 | |
| Cash & Cash Equivalent | ||
| Net Receivables/Payables | -0.20 | |
| Total | -0.20 | |
| GRAND TOTAL | 100.00 |
as on 27th Nov'20
✔ Top Ten Holdings
DSP Savings Fund was erstwhile known as DSP Treasury Bill Fund
Notes: 1. All corporate ratings are assigned by rating agencies like CRISIL, CARE, ICRA, IND.
| Performance (CAGR Returns in %) | ||||
| 1 yr | 3 yr | 5 yr | SI* | |
| 5.85 | 7.01 | 6.71 | 6.87 | |
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 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.