DSP Money Market Fund
DSP Money Market Fund is a money market fund of DSP Asset Managers Private Limited with ₹8,719 cr under management. It is ahead of its benchmark (CRISIL Money Market A-I Index) in 4 of 4 periods. Its direct plan charges 0.18% a year. Karan Mundhra has managed it for 5.5 years.
What is DSP Money Market Fund invested in?
78% in debt, 25% in shares and -3% in cash, as of 30 Sep 2026.
Has DSP Money Market Fund beaten its benchmark?
Ahead of its benchmark, CRISIL Money Market A-I Index, in 4 of 4 periods in AMFI's figures; +6.56% over the last year against +6.11%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | +0.49% | −3.60% | — |
| 3 months | +1.77% | −5.03% | — |
| 6 months | +3.37% | −1.83% | — |
| 1 year | +6.56% | −4.06% | +10.62 pts |
| 3 years | +7.24% | +9.27% | −2.03 pts |
| 5 years | +6.50% | +8.00% | −1.50 pts |
| 10 years | +6.45% | +12.69% | −6.24 pts |
| Since start from 2 Jan 2013 | +7.00% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +6.56% | +6.31% | +6.11% | +0.45 | 🔒 |
| 3y | +7.23% | +6.98% | +6.88% | +0.35 | 🔒 |
| 5y | +6.50% | +6.25% | +6.45% | +0.05 | 🔒 |
| 10y | +6.45% | +6.19% | +6.33% | +0.12 | 🔒 |
Value of 100, month-end
Oct 2016 to 13 Oct 2026₹100 put in at the start of Oct 2016 would be ₹186 on 13 Oct 2026, against ₹327 in the Nifty 500 TRI.
What does DSP Money Market Fund cost?
0.18% a year on the direct plan, 0.40% on the regular plan; 17 of 27 funds in its category charge less.
Who manages DSP Money Market Fund?
Karan Mundhra, since 1 May 2021; Shalini Vasanta, since 1 Aug 2024.
Questions people ask
Who manages DSP Money Market Fund?
Karan Mundhra (Primary) since 1 May 2021; Shalini Vasanta (Comanage) since 1 Aug 2024.
What is the expense ratio of DSP Money Market Fund?
0.18% a year on the direct plan and 0.40% on the regular plan (expense report, Oct 2026).
How has DSP Money Market Fund done?
Its direct plan returned +7.23% a year over 3 years against +6.88% for its benchmark, CRISIL Money Market A-I Index, as of 13 Oct 2026.




