Debt · Ultra Short Term Fun

DSP Ultra Short Term Fund

DSP Asset Managers Private Limited

Benchmark

CRISIL Ultra Short Duration Debt A-I Index

Riskometer

Low to Moderate

Size

₹4,541 cr

Allotted

31 Jul 2006

Holdings as of

30 Sep 2026

DSP Ultra Short Term Fund is a ultra short term fun fund of DSP Asset Managers Private Limited with ₹4,541 cr under management. It is ahead of its benchmark (CRISIL Ultra Short Duration Debt A-I Index) in 3 of 4 periods. Its direct plan charges 0.30% a year. Karan Mundhra has managed it for 5.5 years.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is DSP Ultra Short Term Fund invested in?

59% in debt, 41% in shares and -0% in cash, as of 30 Sep 2026.

Equity41.3%Debt58.9%Cash-0.5%Other0.3%

Holdings as of 30 Sep 2026

Has DSP Ultra Short Term Fund beaten its benchmark?

Ahead of its benchmark, CRISIL Ultra Short Duration Debt A-I Index, in 3 of 4 periods in AMFI's figures; +6.66% over the last year against +6.38%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.48%	−3.60%	—
3 months	+1.72%	−5.03%	—
6 months	+3.44%	−1.83%	—
1 year	+6.66%	−4.06%	+10.72 pts
3 years	+7.41%	+9.27%	−1.86 pts
5 years	+6.70%	+8.00%	−1.30 pts
10 years	+6.40%	+12.69%	−6.29 pts
Since start from 2 Jan 2013	+7.12%	—	—

Valarth price history to 13 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (CRISIL Ultra Short Duration Debt A-I Index) in 3 of 4 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.66%	+5.90%	+6.38%	+0.28	🔒
3y	+7.40%	+6.63%	+7.06%	+0.34	🔒
5y	+6.70%	+5.93%	+6.56%	+0.14	🔒
10y	+6.40%	+5.63%	+6.53%	−0.13	🔒

Ahead in points a year · its rank among Ultra Short Term Fun funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 13 Oct 2026

Fund 186Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹186 on 13 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does DSP Ultra Short Term Fund cost?

0.30% a year on the direct plan, 1.01% on the regular plan; 10 of 23 funds in its category charge less.

Direct plan

0.30% a year

Category median 0.30%

Regular plan

1.01% a year

Category median 0.82%

Gap

0.71 points

for the same holdings

10 of 23 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Income/Debt Oriented Schemes - Ultra Short Term Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages DSP Ultra Short Term Fund?

Shalini Vasanta, since 1 Jan 2025; Karan Mundhra, since 1 May 2021.

Shalini Vasanta

Primary

1.8 years

since 1 Jan 2025

Karan Mundhra

Comanage

5.5 years

since 1 May 2021

Benchmark as filedCRISIL Ultra Short Duration Debt A-I Index

Exit load

Nil

From 30 Scheme Summary Documents filed with NSE, first on 26 Aug 2026; as on 12 Oct 2026

Questions people ask

Who manages DSP Ultra Short Term Fund?

Shalini Vasanta (Primary) since 1 Jan 2025; Karan Mundhra (Comanage) since 1 May 2021.

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

0.30% a year on the direct plan and 1.01% on the regular plan (expense report, Oct 2026).

How has DSP Ultra Short Term Fund done?

Its direct plan returned +7.40% a year over 3 years against +7.06% for its benchmark, CRISIL Ultra Short Duration Debt A-I Index, as of 13 Oct 2026.