DSP Ultra Short Term Fund

Ultra ShortDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

DSP Ultra Short Term Fund is an Ultra Short fund run by DSP Mutual Fund. On 30-09-2026, it managed ₹4,425 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.3% a year and its Regular plan returned 6.5% a year.

NAV (Direct plan): ₹4,027.55; ▲ 0.02%30-10-2026
NAV (Regular plan): ₹3,668.99; ▲ 0.02%30-10-2026
Expense ratio: 0.30%Direct1.01%Regular; 0.30%; A year
Riskometer: Low to Moderate; Set by the fund house
3 year return: 7.3%Direct6.5%Regular; 7.3%; A year

DSP Ultra Short Term Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹4,027.55 (up 0.02% that day); Regular Plan Growth ₹3,668.99 (up 0.02% that day).

This fund (Direct plan)

₹4,027.545

DSP Ultra Short Term Fund Returns vs Ultra Short Funds

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.31%	+1.42%	+3.21%	+6.43%	+7.26%	+6.70%	+6.39%
This fund (Regular)	+0.25%	+1.24%	+2.85%	+5.67%	+6.50%	+5.93%	+5.62%
Ultra Short average	+0.30%	+1.34%	+3.06%	+6.00%	+6.82%	+6.27%	+6.43%
Best in Ultra Short	+0.39%	+1.59%	+3.46%	+6.84%	+7.44%	+6.82%	+7.19%
Worst in Ultra Short	−0.11%	0.00%	+0.02%	0.00%	0.00%	+0.41%	+4.08%
Rank in Ultra Short	14/26	17/25	10/25	7/25	6/23	6/22	9/11

Category rows compare the Direct plans of 26 Ultra Short funds. Rank 1 is the highest return. This fund's benchmark is CRISIL Ultra Short Duration Debt A-I Index. Returns of that index are not available to us, so the category average is the comparison.

DSP Ultra Short Term Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+5.36%	+4.74%
2025	+7.47%	+6.70%
2024	+7.69%	+6.92%
2023	+7.46%	+6.69%
2022	+4.85%	+4.11%
2021	+3.60%	+2.87%

DSP Ultra Short Term Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,627 periods, one for each trading day from 04-01-2016 to 30-10-2026.

0%2%4%6%8%10%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

DSP Ultra Short Term Fund (Direct)Category average, 26 Ultra Short funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,103	7.4%	3.5%	10.7%	0%	7.1%	43%
2 years	2,868	7.2%	3.7%	9.8%	0%	7.1%	36%
3 years	2,627	7.0%	4.5%	9.3%	0%	7.0%	34%
5 years	2,142	6.2%	5.5%	8.5%	0%	6.2%	32%
7 years	1,657	6.2%	6.0%	8.1%	0%	6.2%	33%
10 years	928	6.7%	6.4%	7.0%	0%	6.8%	16%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	7.3%	3.5%	10.3%	0%	7.1%	42%
2 years	142	7.1%	3.6%	9.5%	0%	7.1%	34%
3 years	130	7.0%	4.1%	8.9%	0%	6.9%	35%
5 years	106	6.7%	4.9%	8.0%	0%	6.5%	39%
7 years	82	6.2%	5.4%	7.5%	0%	6.2%	44%
10 years	46	6.3%	6.1%	6.5%	0%	6.3%	60%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 26 Ultra Short funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

DSP Ultra Short Term Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	DSP Ultra Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.43%	+6.00%
Standard deviation	0.49%	0.44%
Sharpe ratio	2.43	1.73
Sortino ratio	3.95	2.73
Maximum drawdown	−0.10% (23-10-2026)	−0.09% (08-07-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	DSP Ultra Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.26%	+6.81%
Standard deviation	0.39%	0.36%
Sharpe ratio	3.15	2.17
Sortino ratio	5.97	3.92
Maximum drawdown	−0.10% (23-10-2026)	−0.09% (08-07-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	DSP Ultra Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.70%	+6.28%
Standard deviation	0.38%	0.34%
Sharpe ratio	2.38	1.40
Sortino ratio	4.33	2.37
Maximum drawdown	−0.21% (06-05-2022)	−0.22% (06-05-2022)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	DSP Ultra Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.39%	+6.32%
Standard deviation	0.60%	0.50%
Sharpe ratio	1.65	1.84
Sortino ratio	2.20	2.99
Maximum drawdown	−1.1% (18-12-2018)	−0.77% (24-03-2020)

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	DSP Ultra Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.10%	+7.08%
Standard deviation	0.58%	0.60%
Sharpe ratio	1.83	1.73
Sortino ratio	2.53	2.61
Maximum drawdown	−1.1% (18-12-2018)	−0.92% (24-07-2013)

From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−1.2%−1%−0.8%−0.6%−0.4%−0.2%0%

2014201620182020202220242026

DSP Ultra Short Term Fund (Direct)Category average, 26 Ultra Short funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
DSP Ultra Short Term Fund (Direct)	−1.1%	17-12-2018	18-12-2018	04-02-2019	48 days	0.0%
Category average	−0.92%	15-07-2013	24-07-2013	02-09-2013	40 days	0.0%

From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and the average of the 26 Ultra Short funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

DSP Ultra Short Term Fund vs Other Ultra Short Funds

The five Ultra Short funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Tata Ultra Short Term Fund	1/23	5,404	0.33%	+6.84%	+7.44%	--	--	3.83	7.92	Compare
Aditya Birla Sun Life Ultra Short Term Fund	2/23	16,279	0.32%	+6.36%	+7.41%	--	--	3.30	6.20	Compare
Axis Ultra Short Term fund	3/23	4,996	0.36%	+6.56%	+7.37%	--	--	3.53	7.07	Compare
Mirae Asset Ultra Short-Term Fund	4/23	1,808	0.22%	+6.48%	+7.34%	--	--	3.33	6.25	Compare
ICICI Prudential Ultra Short Term Fund	5/23	15,236	0.40%	+6.37%	+7.31%	--	--	3.25	6.24	Compare
DSP Ultra Short Term Fund	6/23	4,425	0.30%	+6.43%	+7.26%	--	--	3.15	5.97

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

DSP Ultra Short Term Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Ultra Short median	Cost rank (1 = cheapest)
Direct	0.25%	0.01%	0.00%	0.04%	0.30%	0.30%	12/26
Regular	0.86%	0.01%	0.00%	0.14%	1.01%	0.81%	20/26

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Ultra Short funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	5.67%	6.43%	0.76%	₹1,05,670	₹1,06,430
3 years	6.50%	7.26%	0.76% a year	₹1,20,795	₹1,23,399
5 years	5.93%	6.70%	0.77% a year	₹1,33,381	₹1,38,300
10 years	5.62%	6.39%	0.77% a year	₹1,72,767	₹1,85,784

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

DSP Ultra Short Term Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planDSP Ultra Short Term Fund (Direct)	₹16,60,000	₹26,80,305	₹10,20,305	6.6%
Regular planDSP Ultra Short Term Fund (Regular)	₹16,60,000	₹25,34,301	₹8,74,301	5.9%
Category averageCategory average, 26 Ultra Short funds	₹16,60,000	₹26,61,605	₹10,01,605	6.5%

₹0₹10.0 L₹20.0 L₹30.0 L

2014201620182020202220242026

Direct planDSP Ultra Short Term Fund (Direct)Regular planDSP Ultra Short Term Fund (Regular)Category averageCategory average, 26 Ultra Short fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

DSP Ultra Short Term Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.2%Debt

Asset	Fund	Category
Debt	100.2%	96.7%
Cash and others	−0.2%	3.8%

Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 26 Ultra Short funds.

Rating	Fund	Category
Sovereign	8.5%	7.3%
AAA and A1+	73.6%	77.2%
AA	18.1%	12.2%

DSP Ultra Short Term Fund Portfolio Holdings

As on 30-09-2026 · 92 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
Canara Bank · Certificate of deposit	CRISIL A1+	4.94%
Small Industries Development Bank of India · Certificate of deposit	CRISIL A1+	3.76%
Export-Import Bank Of India · Certificate of deposit	CRISIL A1+	2.76%
National Bank For Agriculture & Rural Development · Certificate of deposit	CRISIL A1+	2.21%
Federal Bank Limited · Certificate of deposit	CRISIL A1+	2.20%
182 DAYS T-BILL 18032027 · Treasury bill	Sovereign	2.20%
HDFC Bank Limited · Certificate of deposit	CRISIL A1+	2.20%
Export-Import Bank Of India · Commercial paper	CRISIL A1+	2.19%
Bajaj Finance Limited · Commercial paper	CRISIL A1+	2.15%
National Bank For Agriculture & Rural Development · Bond	ICRA AAA	2.04%
LIC Housing Finance Limited · Bond	CRISIL AAA	1.96%
Cholamandalam Investment and Finance Co Limited · Bond	ICRA AA+	1.82%
360 One Prime Limited · Bond	ICRA AA	1.73%
6.38% Maharashtra SDL 25082027 · State government security	Sovereign	1.71%
Aditya Birla Renewables Limited · Bond	CRISIL AA	1.70%
Indostar Capital Finance Limited · Commercial paper	CRISIL A1+	1.69%
HDFC Bank Limited · Certificate of deposit	CRISIL A1+	1.66%
Bank of Baroda · Certificate of deposit	IND A1+	1.66%
HDFC Bank Limited · Certificate of deposit	CRISIL A1+	1.65%
National Bank For Agriculture & Rural Development · Certificate of deposit	CRISIL A1+	1.64%
Union Bank of India · Certificate of deposit	ICRA A1+	1.62%
Indian Bank · Certificate of deposit	CRISIL A1+	1.61%
Piramal Finance Limited · Bond	ICRA AA+	1.35%
Nuvama Wealth and Investment Limited · Bond	CARE AA	1.21%
Torrent Pharmaceuticals Limited · Bond	ICRA AA+	1.18%
Torrent Power Limited · Bond	CRISIL AA+	1.18%
Bajaj Housing Finance Limited · Bond	CRISIL AAA	1.17%
Mankind Pharma Limited · Bond	CRISIL AA+	1.17%
Tata Capital Housing Finance Limited · Bond	CRISIL AAA	1.17%
8.24% GOI 15022027 · Government security	Sovereign	1.15%
Nuvama Wealth Finance Limited · Bond	CARE AA	1.15%
SPR Auto Technologies Limited · Bond	IND AA+	1.12%
364 DAYS T-BILL 03122026 · Treasury bill	Sovereign	1.12%
National Bank For Agriculture & Rural Development · Certificate of deposit	CRISIL A1+	1.11%
IDFC First Bank Limited · Certificate of deposit	CRISIL A1+	1.11%
Punjab National Bank · Certificate of deposit	CRISIL A1+	1.10%
Equitas Small Finance Bank Limited · Certificate of deposit	CRISIL A1+	1.10%
Motilal Oswal Financial Services Limited · Commercial paper	CRISIL A1+	1.10%
National Bank For Agriculture & Rural Development · Certificate of deposit	CRISIL A1+	1.10%
IndusInd Bank Limited · Certificate of deposit	CRISIL A1+	1.10%
HDFC Bank Limited · Certificate of deposit	CRISIL A1+	1.10%
Export-Import Bank Of India · Certificate of deposit	CRISIL A1+	1.10%
364 DAYS T-BILL 11032027 · Treasury bill	Sovereign	1.10%
Small Industries Development Bank of India · Certificate of deposit	CRISIL A1+	1.10%
HDFC Bank Limited · Certificate of deposit	CRISIL A1+	1.10%
Canara Bank · Certificate of deposit	CRISIL A1+	1.09%
Union Bank of India · Certificate of deposit	ICRA A1+	1.08%
Canara Bank · Certificate of deposit	CRISIL A1+	1.07%
Kotak Mahindra Prime Limited · Commercial paper	CRISIL A1+	1.07%
Piramal Finance Limited · Bond	CARE AA+	0.93%
Adani Power Limited · Bond	CRISIL AA	0.90%
LIC Housing Finance Limited · Bond	CRISIL AAA	0.61%
Torrent Power Limited · Bond	CRISIL AA+	0.60%
LIC Housing Finance Limited · Bond	CRISIL AAA	0.60%
Tata Capital Limited · Bond	ICRA AAA	0.59%
LIC Housing Finance Limited · Bond	CRISIL AAA	0.59%
Bajaj Housing Finance Limited · Bond	CRISIL AAA	0.59%
Torrent Power Limited · Bond	CRISIL AA+	0.59%
National Bank For Agriculture & Rural Development · Bond	CRISIL AAA	0.59%
Bajaj Housing Finance Limited · Bond	CRISIL AAA	0.58%
REC Limited · Bond	ICRA AAA	0.58%
Muthoot Finance Limited · Bond	CRISIL AA+	0.58%
LIC Housing Finance Limited · Bond	CRISIL AAA	0.58%
Piramal Finance Limited · Bond	ICRA AA+	0.58%
LIC Housing Finance Limited · Bond	CRISIL AAA	0.57%
Tata Capital Housing Finance Limited · Bond	CRISIL AAA	0.57%
National Bank For Agriculture & Rural Development · Bond	CRISIL AAA	0.56%
Punjab National Bank · Certificate of deposit	CRISIL A1+	0.55%
Bank of Baroda · Certificate of deposit	IND A1+	0.55%
Indian Bank · Certificate of deposit	CRISIL A1+	0.55%
Bank of Baroda · Certificate of deposit	IND A1+	0.55%
Small Industries Development Bank of India · Certificate of deposit	CRISIL A1+	0.55%
Small Industries Development Bank of India · Certificate of deposit	CRISIL A1+	0.55%
Piramal Finance Limited · Commercial paper	CRISIL A1+	0.55%
Bajaj Finance Limited · Commercial paper	CRISIL A1+	0.55%
IDFC First Bank Limited · Certificate of deposit	CRISIL A1+	0.55%
ICICI Bank Limited	ICRA A1+	0.55%
Canara Bank · Certificate of deposit	CRISIL A1+	0.55%
Canara Bank · Certificate of deposit	CRISIL A1+	0.55%
ICICI Bank Limited	ICRA A1+	0.55%
Small Industries Development Bank of India · Certificate of deposit	CRISIL A1+	0.55%
Small Industries Development Bank of India · Certificate of deposit	CRISIL A1+	0.55%
Indian Bank · Certificate of deposit	CRISIL A1+	0.54%
Infina Finance Pvt Limited · Commercial paper	CRISIL A1+	0.53%
Small Industries Development Bank of India · Certificate of deposit	CRISIL A1+	0.53%
7.52% Gujarat SDL 24052027 · State government security	Sovereign	0.35%
7.71% Gujarat SDL 01032027 · State government security	Sovereign	0.34%
364 DAYS T-BILL 09092027 · Treasury bill	Sovereign	0.32%
SBI Funds Management Pvt Limited/Fund Parent		0.26%
Piramal Finance Limited · Bond	ICRA AA+	0.24%
7.08% Karnataka SDL 14122026 · State government security	Sovereign	0.23%
Piramal Finance Limited · Bond	CARE AA+	0.12%

DSP Ultra Short Term Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
DSP Ultra Short to Short Term FundLow Duration · DSP	24.9%	28	Compare
DSP Money Market FundMoney Market · DSP	24.7%	35	Compare
HSBC Money Market FundMoney Market · HSBC	22.5%	20	Compare
Nippon India Ultra Short Term FundUltra Short · Nippon India	15.9%	21	Compare
Bandhan Ultra Short Term FundUltra Short · Bandhan	15.5%	15	Compare
Tata Ultra Short Term FundUltra Short · Tata	15.3%	10	Compare
Mirae Asset Ultra Short to Short Term FundLow Duration · Mirae Asset	15.3%	15	Compare
ICICI Prudential Money Market FundMoney Market · ICICI Prudential	14.6%	21	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

DSP Ultra Short Term Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.30%
Expense ratio (Regular): 1.01%
Category: Ultra Short
Risk: Low to Moderate
Launch date: 31-07-2006
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹4,425.18 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 119205
ISIN (Direct): INF740K01ON5
Scheme code (Regular): 104138
ISIN (Regular): INF740K01QQ3
NAV history: From 02-01-2013, 13.8 years

Benchmark: CRISIL Ultra Short Duration Debt A-I Index
Exit load: Nil

Tax on DSP Ultra Short Term Fund returns

DSP Ultra Short Term Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹4,027.545	30-10-2026
direct	IDCW	₹1,136.5409	30-10-2026
direct	Daily IDCW	₹1,005.3951	30-10-2026
direct	Monthly IDCW	₹1,089.0306	30-10-2026
direct	Weekly IDCW	₹1,005.2186	30-10-2026
regular	Growth	₹3,668.9901	30-10-2026
regular	Daily IDCW Reinvestment	₹1,005.4914	30-10-2026
regular	Monthly IDCW	₹1,080.7219	30-10-2026
regular	IDCW Payout	₹1,123.9086	30-10-2026
regular	Weekly IDCW Reinvestment	₹1,005.1985	30-10-2026

About DSP Ultra Short Term Fund

DSP Ultra Short Term Fund is a mutual fund from DSP Mutual Fund. Its category is Ultra Short. It was launched on 31-07-2006. Its benchmark is CRISIL Ultra Short Duration Debt A-I Index. At the end of September 2026 it held 92 securities.

Fund Manager

Shalini Vasanta
Fund manager of DSP Ultra Short Term Fund, since 01-01-2025
Karan Mundhra
Fund manager of DSP Ultra Short Term Fund, since 01-05-2021

See all funds of DSP Mutual Fund

AUM change

September 2026: ₹4,425.18 Cr; −3.78% from August 2026
August 2026: ₹4,599.23 Cr; +3.21% from July 2026
July 2026: ₹4,456.08 Cr; +14.12% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare DSP Ultra Short Term Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

DSP Ultra Short Term vs Tata Ultra Short Term15.3% overlap
DSP Ultra Short Term vs Aditya Birla Sun Life Ultra Short TermUltra Short
DSP Ultra Short Term vs Axis Ultra Short Term fundUltra Short
DSP Ultra Short Term vs Mirae Asset Ultra Short-TermUltra Short
DSP Ultra Short Term vs ICICI Prudential Ultra Short TermUltra Short
DSP Ultra Short Term vs DSP Ultra Short to Short Term24.9% overlap
DSP Ultra Short Term vs DSP Money Market24.7% overlap
DSP Ultra Short Term vs HSBC Money Market22.5% overlap

Compare with any other fund

Frequently Asked Questions for DSP Ultra Short Term Fund

What is the current NAV of DSP Ultra Short Term Fund?

The Direct plan NAV is ₹4,027.545. The Regular plan NAV is ₹3,668.9901, as on 30-10-2026.

What are the returns of DSP Ultra Short Term Fund?

The Direct plan returned +6.43% in 1 year, +7.26% a year over 3 years, +6.70% a year over 5 years. The Regular plan returned +5.67% in 1 year, +6.50% a year over 3 years, +5.93% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of DSP Ultra Short Term Fund?

The Direct plan charges 0.30% a year. The Regular plan charges 1.01% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of DSP Ultra Short Term Fund?

DSP Ultra Short Term Fund managed ₹4,425.18 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of DSP Ultra Short Term Fund?

At the end of September 2026 the largest holdings were Canara Bank (4.94%), Small Industries Development Bank of India (3.76%), Export-Import Bank Of India (2.76%), National Bank For Agriculture & Rural Development (2.21%), Federal Bank Limited (2.20%). The fund held 92 securities in all.

How do I invest in DSP Ultra Short Term Fund?

Through DSP Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of DSP Ultra Short Term Fund?

Shalini Vasanta (since 01-01-2025), Karan Mundhra (since 01-05-2021).

What is the exit load of DSP Ultra Short Term Fund?

Nil

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.