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DSP Money Manager Fund-Reg(G)

DSP Ultra Short Fund-Reg(G)
Dividend Yearly
NA
Category
Debt - Liquid
52-week NAV high
2,447.44  (As on 23-04-2019)
52-week NAV low
2,323.86  (As on 24-04-2018)
Expense
0.99%  (As on 31-03-2019)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.63 1.80 2.69 5.30 5.72 6.16 6.54 6.95 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Jul 31, 2006
Last Dividend
NA
Minimum Investment
500

DSP is a joint venture between one of the largest investment management companies in the world, and DSP Group, a 150 year old financial firm from India. DSP has more than 20 years of experience when it comes to delivering investment excellence.

Investment Objective of DSP Money Manager Fund - Regular Plan - Growth

The main objective of this fund is to make investments in a portfolio that consists mainly of debt securities and money market securities and generate returns in proportion to the risk.

Key Features of DSP Money Manager Fund - Regular Plan - Growth

Some of the important features of DSP Money Manager Fund - Regular Fund - Growth have been listed in the table below:

Type of fund

Open ended ultra-short term debt scheme that makes investments in money and debt market securities in such a way that the Macaulay duration of the portfolio is between 3 and 6 months.

Plans available

Regular and Direct Plan

Options under each plan

Growth and Dividend

Risk

Moderately Low

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for DSP Money Manager Fund - Regular Plan - Growth

Minimum application amount

Rs.1,000

Minimum installment for Systematic Investment Plan (SIP)

Rs.500

Minimum installment for Systematic Withdrawal Plan (SWP)

Rs.500

Entry Load

Not Applicable

Exit Load

Nil

Asset Allocation for DSP Money Manager Fund - Regular Plan - Growth

Instruments

Indicative Allocations (% of total assets)

Risk Profile

Minimum

Maximum

Debt and Money market securities

0%

100%

Low to Medium

Who can invest in DSP Money Manager Fund - Regular Plan - Growth

The following entities can invest in DSP Money Manager Fund - Regular Plan - Growth:

  • Resident Indians, either singly or jointly (not more than three)
  • Non-Resident Indians (NRIs)
  • Parents or guardian investing on behalf of the minor
  • Karta of Hindu Undivided Families (HUFs)
  • Banks and other financial institutions
  • Partnership firms
  • Public Sector Undertakings, companies, associations of bodies of individuals and societies that are registered under the Societies Registration Act, 1860
  • International Multilateral Agencies that have been provided approval by the Government of India
  • Air Force, Army, Navy and other such organisations
  • Trustees of private trusts that have been given the authority to invest in mutual funds
  • Foreign Portfolio Investors
  • The scheme of the mutual fund can make investments but it is subject to some conditions that have been put in place by SEBI
  • Asset Management Company (AMC)

NAV Disclosure and Benchmark for DSP Money Manager Fund - Regular Plan - Growth

The NAV of units present in each scheme will be calculated and declared on every business day. The NAV is generally rounded off to four decimal places. On every business day, the NAV will have to be published in at least two daily newspapers. The NAV for the Direct Plan and the Regular Plan will be declared separately by the AMC. The Benchmark of DSP Money Manager Fund is Benchmark CRISIL Liquid Fund Index.

DSP Money Manager Fund - Regular Plan - Growth Fund Manager

Kedar Karnik and Rahul Vekaria are the fund managers for this fund.

Investment Restrictions of DSP Money Manager Fund - Regular Plan - Growth

Some of the investment restrictions of the scheme have been listed below:

  • Investments from one scheme may be transferred to another scheme in the fund but it is subject to certain conditions. Refer to scheme information document for details about the same.
  • No investments shall be made by the fund in fund of funds schemes.
  • Investments may be made by the scheme on other schemes under any mutual fund or the AMC without charging any amount. This is done under the condition that these investments will not be more than 5% of the NAV of the mutual fund.
  • If the instruments are meant to be long term in nature, securities may be purchased or transferred by the fund in the name of the mutual fund or the name of the scheme.
  • Lending, borrowing, and short selling of securities may not be done by the scheme.
  • More than 10% of the NAV shall not be invested by the scheme in debt instruments that comprise of both money and non-money market instruments that have been issued by a single issuer.

Dividend Policy of DSP Money Manager Fund - Regular Plan - Growth

No dividend shall be declared by the mutual fund in the growth option. All the income that is earned through the scheme will continue to remain invested in the scheme and will reflect in the NAV. The Growth Option is suitable for investors who are looking mainly for capital appreciation and not any income in the short term.

Other facilities under DSP Money Manager Fund - Regular Plan - Growth

  • SIP Top-Up Facility - This option gives the option to the investors to increase the SIP installment over the course of the SIP tenure. Investors availing the monthly SIP facility will have either a half-yearly or yearly top-up frequency.
  • Switching - Switching is the option where you can switch from one scheme and make a purchase in another scheme. The investor will have to provide clear instructions for doing the same. The instructions have to either be provided in writing or by filling up the transaction form.

Why you should invest in DSP Money Manager Fund - Regular Plan - Growth

DSP has a very experienced team when it comes investment professionals that have expertise in domestic capital markets. They also have the experience of more than 135 investment teams that are present at BlackRock, a company that is present in over 30 countries worldwide. The main objective of the company is to deliver long term investment benefits to its customers.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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