Overview
DSP Liquidity Direct Growth
DSP Mutual Fund
The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and high quality debt securities.
Investments in DSP Liquidity Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 3724.7202
Fund Size (AUM)
₹ 15,829 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
31 December 2012
Expense Ratio
0.1%
Exit Load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Benchmark
CRISIL Liquid Debt A-I Index
Standard Deviation
0.3
History
Performance & Ratios
1-Year SIP Return
7.54%
3-Year SIP Return
7.32%
5-Year SIP Return
6.44%
Mean Return
6.81%
Alpha
1.82
Beta
0.65
Sharpe Ratio
1.51
Sortino Ratio
1.49
Information Ratio
12.1
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.42% | 6.89% | 5.50% | 7.34% |
| Category Average | 7.10% | 6.67% | 5.32% | N/A |
| Rank Within Category | 8 | 15 | 19 | N/A |
Holdings (78)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 5.44% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.14% |
| Union Bank of India | Financial | CD | 3.12% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.11% |
| Canara Bank | Financial | CD | 3.06% |
| HDFC Bank Ltd. | Financial | CD | 2.97% |
| Reserve Bank of India | Financial | T-Bills | 2.95% |
| Reserve Bank of India | Financial | T-Bills | 2.86% |
| Canara Bank | Financial | CD | 2.81% |
| Bank Of Baroda | Financial | CD | 2.81% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct Growth | ₹ 41,051 | 7.44 | 6.94 | 0.21 | N/A |
| Mahindra Manulife Liquid Fund Direct Growth | ₹ 1,026 | 7.4 | 6.93 | 0.14 | N/A |
| Union Liquid Fund Direct Growth | ₹ 3,206 | 7.41 | 6.92 | 0.07 | N/A |
| Edelweiss Liquid Direct Growth | ₹ 5,243 | 7.43 | 6.92 | 0.09 | N/A |
| Bajaj Finserv Liquid Fund Direct Growth | ₹ 4,201 | 7.4 | N/A | 0.11 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
DSP Mutual Fund
DSP BlackRock Mutual Fund started their mutual fund on 16/12/1996 and its managing total assets of ₹78,763 Cr. Its ranked at 9 as per total assets at end of 30th Sep 2017. DSP Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
DSP group is a financial firm with a legacy of 152 years. It has a been in the asset management avenue for over 20 years now and the group is headed by Mr.Hemendra Kothari.
DSP Investment Managers Pvt. Ltd. is the Asset management Company and DSP Trustee Pvt. Ltd, acts as the trustee of the AMC. The company believes that by using adequate investment strategies, it is relatively easy to be successful in the financial market. It provides a wide range of mutual fund scheme ranging from equity, debt, tax and hybrid. The AMC has always managed to keep the returns consistent and they have a brilliant investor base as well.
The AMC believes in taking measured risks, which ultimately results in understanding the market conditions better and makes the best use of the investment opportunity. With a robust variety of products and consistent performance, DSP mutual fund has made a name for itself in the mutual fund industry.
Launch Date
16 December 1996
Total AUM
₹ 1,82,267 Cr
Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway, Andheri East Mumbai 400069
Phone
1800-208-4499 / 1800-200-4499
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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DSP Liquidity Direct Growth
DSP Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for DSP Liquidity Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of DSP Liquidity Direct Growth?
The top stocks held by DSP Liquidity Direct Growth include GOI, National Bank For Agriculture & Rural Development, Union Bank of India.
Which industries does DSP Liquidity Direct Growth invest in?
DSP Liquidity Direct Growth primarily invests in the following industries: Sovereign, Financial, Services.
Who are the fund managers of DSP Liquidity Direct Growth?
The fund managers of DSP Liquidity Direct Growth are Karan Mundhra and Shalini Vasanta.
How many years has the fund manager been managing DSP Liquidity Direct Growth?
Karan Mundhra has been managing the fund for 4 years.
Shalini Vasanta has been managing the fund for 0 years.
What is the minimum investment for DSP Liquidity Direct Growth?
The minimum investment for DSP Liquidity Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for DSP Liquidity Direct Growth?
The average 1-year return for DSP Liquidity Direct Growth is 7.54%.
What are the average 3-year returns for DSP Liquidity Direct Growth?
The average 3-year return for DSP Liquidity Direct Growth is 7.32%.
What is the expense ratio of DSP Liquidity Direct Growth, and how does it compare to its category?
The expense ratio of DSP Liquidity Direct Growth is 0.1%. The average expense ratio for similar funds in the Debt is 0.12%.