Dsp Ultra Short Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 15
Rating
Growth Option 02-04-2026
NAV ₹3546.09(R) None% ₹3876.67(D) %
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.81% 6.62% -% 5.48% 5.7%
Direct 6.58% 7.4% -% 6.24% 6.47%
Benchmark
SIP (XIRR) Regular 5.41% 6.42% 6.2% 5.76% 5.45%
Direct 6.17% 7.19% 6.97% 6.52% 6.21%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
2.74 1.77 0.67 0.85% -4.21
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.34% 0.0% 0.0% 0.11 0.24%
Fund AUM As on: 30/12/2025 4028 Cr
Top Ultra Short Duration Fund
Fund Name Rank Rating
Aditya Birla Sun Life Savings Fund 1
Mirae Asset Ultra Short Duration Fund 2
- 3
Sbi Ultra Short Duration Fund 4
Baroda BNP Paribas Ultra Short Duration Fund 5

NAV Date: 02-04-2026

Scheme Name NAV Rupee Change Percent Change
DSP Ultra Short Fund - Regular Plan - IDCW - Weekly Reinvest 1005.05
%
DSP Ultra Short Fund - Direct Plan - IDCW - Weekly 1005.05
%
DSP Ultra Short Fund - Direct Plan - IDCW - Daily 1005.4
%
DSP Ultra Short Fund - Regular Plan - IDCW - Daily Reinvest 1005.49
%
DSP Ultra Short Fund - Regular Plan - IDCW - Monthly 1078.63
%
DSP Ultra Short Fund - Direct Plan - IDCW - Monthly 1086.7
%
DSP Ultra Short Fund - Regular Plan - IDCW - Payout 1119.54
%
DSP Ultra Short Fund - Direct Plan - IDCW 1131.36
%
DSP Ultra Short Fund - Regular Plan - Growth 3546.09
%
DSP Ultra Short Fund - Direct Plan - Growth 3876.67
%

Review Date: 02-04-2026

Beginning of Analysis

In the Ultra Short Duration Fund category, Dsp Ultra Short Fund is the 14th ranked fund. The category has total 23 funds. The 3 star rating shows an average past performance of the Dsp Ultra Short Fund in Ultra Short Duration Fund. The fund has a Jensen Alpha of 0.85% which is lower than the category average of 0.9%, showing poor performance. The fund has a Sharpe Ratio of 2.74 which is lower than the category average of 3.2.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Ultra Short Duration Mutual Funds are ideal for conservative investors seeking stable returns with minimal interest rate risk. These funds invest in debt and money market instruments with a portfolio duration of 3 to 6 months, making them less sensitive to interest rate changes compared to longer-duration funds. While they offer stable returns with relatively lower risk, they may underperform in a falling interest rate environment. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help optimize risk-adjusted returns.

Dsp Ultra Short Fund Return Analysis

  • The fund has given a return of 0.51%, 1.39 and 2.89 in last one, three and six months respectively. In the same period the category average return was 0.51%, 1.42% and 2.91% respectively.
  • Dsp Ultra Short Fund has given a return of 6.58% in last one year. In the same period the Ultra Short Duration Fund category average return was 6.57%.
  • The fund has given a return of 7.4% in last three years and ranked 6.0th out of twenty two funds in the category. In the same period the Ultra Short Duration Fund category average return was 7.24%.
  • The fund has given a return of 6.47% in last ten years and ranked 7th out of nine funds in the category. In the same period the category average return was 6.37%.
  • The fund has given a SIP return of 6.17% in last one year whereas category average SIP return is 6.2%. The fund one year return rank in the category is 13th in 22 funds
  • The fund has SIP return of 7.19% in last three years and ranks 6th in 22 funds. Nippon India Ultra Short Duration Fund has given the highest SIP return (7.43%) in the category in last three years.
  • The fund has SIP return of 6.97% in last five years whereas category average SIP return is 6.86%.

Dsp Ultra Short Fund Risk Analysis

  • The fund has a standard deviation of 0.34 and semi deviation of 0.24. The category average standard deviation is 0.3 and semi deviation is 0.22.
  • The fund has a beta of 0.1 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Ultra Short Duration Fund Category
  • Good Performance in Ultra Short Duration Fund Category
  • Poor Performance in Ultra Short Duration Fund Category
  • Very Poor Performance in Ultra Short Duration Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.45
    0.47
    		0.37 | 0.57 17 | 22 Average
    3M Return % 1.21
    1.29
    		1.07 | 1.42 19 | 22 Poor
    6M Return % 2.53
    2.63
    		2.23 | 2.85 17 | 22 Average
    1Y Return % 5.81
    6.00
    		5.18 | 6.64 16 | 22 Average
    3Y Return % 6.62
    6.67
    		5.71 | 7.31 13 | 22 Average
    7Y Return % 5.48
    5.67
    		4.74 | 6.49 12 | 15 Average
    10Y Return % 5.70
    5.92
    		3.63 | 6.94 7 | 9 Average
    1Y SIP Return % 5.41
    5.63
    		4.80 | 6.09 17 | 22 Average
    3Y SIP Return % 6.42
    6.49
    		5.52 | 7.13 14 | 22 Average
    5Y SIP Return % 6.20
    6.35
    		5.34 | 6.90 13 | 20 Average
    7Y SIP Return % 5.76
    5.97
    		4.97 | 6.58 12 | 15 Average
    10Y SIP Return % 5.45
    5.63
    		3.98 | 6.48 7 | 9 Average
    15Y SIP Return % 5.49
    6.03
    		5.49 | 6.70 8 | 8 Poor
    Standard Deviation 0.34
    0.30
    		0.22 | 0.35 21 | 23 Poor
    Semi Deviation 0.24
    0.22
    		0.18 | 0.26 21 | 23 Poor
    Sharpe Ratio 2.74
    3.20
    		0.03 | 4.71 16 | 23 Average
    Sterling Ratio 0.67
    0.68
    		0.57 | 0.74 14 | 23 Average
    Sortino Ratio 1.77
    2.35
    		0.01 | 3.73 16 | 23 Average
    Jensen Alpha % 0.85
    0.90
    		-0.06 | 1.44 14 | 23 Average
    Treynor Ratio -4.21
    -4.27
    		-6.41 | -3.10 14 | 23 Average
    Modigliani Square Measure % 8.24
    8.68
    		6.15 | 9.93 16 | 23 Average
    Alpha % -1.48
    -1.36
    		-2.29 | -0.74 15 | 23 Average
    Return data last Updated On : April 2, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.51 0.51 0.47 | 0.62 11 | 22 Good
    3M Return % 1.39 1.42 1.29 | 1.53 15 | 22 Average
    6M Return % 2.89 2.91 2.69 | 3.12 13 | 22 Average
    1Y Return % 6.58 6.57 6.12 | 6.94 9 | 22 Good
    3Y Return % 7.40 7.24 6.46 | 7.60 6 | 22 Very Good
    7Y Return % 6.24 6.18 5.27 | 6.68 7 | 15 Good
    10Y Return % 6.47 6.37 4.12 | 7.11 7 | 9 Average
    1Y SIP Return % 6.17 6.20 5.78 | 6.62 13 | 22 Average
    3Y SIP Return % 7.19 7.06 6.31 | 7.43 6 | 22 Very Good
    5Y SIP Return % 6.97 6.86 6.07 | 7.35 7 | 20 Good
    7Y SIP Return % 6.52 6.49 5.64 | 7.16 8 | 15 Good
    10Y SIP Return % 6.21 6.11 4.54 | 6.67 6 | 9 Good
    Standard Deviation 0.34 0.30 0.22 | 0.35 21 | 23 Poor
    Semi Deviation 0.24 0.22 0.18 | 0.26 21 | 23 Poor
    Sharpe Ratio 2.74 3.20 0.03 | 4.71 16 | 23 Average
    Sterling Ratio 0.67 0.68 0.57 | 0.74 14 | 23 Average
    Sortino Ratio 1.77 2.35 0.01 | 3.73 16 | 23 Average
    Jensen Alpha % 0.85 0.90 -0.06 | 1.44 14 | 23 Average
    Treynor Ratio -4.21 -4.27 -6.41 | -3.10 14 | 23 Average
    Modigliani Square Measure % 8.24 8.68 6.15 | 9.93 16 | 23 Average
    Alpha % -1.48 -1.36 -2.29 | -0.74 15 | 23 Average
    Return data last Updated On : April 2, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Dsp Ultra Short Fund NAV Regular Growth Dsp Ultra Short Fund NAV Direct Growth
    02-04-2026 3546.093 3876.6677
    30-03-2026 3542.9204 3872.9702
    27-03-2026 3539.2009 3868.6751
    25-03-2026 3536.4943 3865.564
    24-03-2026 3536.0281 3864.9782
    23-03-2026 3537.0329 3866.0012
    20-03-2026 3537.9809 3866.8113
    18-03-2026 3537.3866 3866.011
    17-03-2026 3535.4728 3863.8442
    16-03-2026 3534.4024 3862.5993
    13-03-2026 3533.1353 3860.989
    12-03-2026 3534.372 3862.2653
    11-03-2026 3534.8075 3862.6664
    10-03-2026 3534.0527 3861.7664
    09-03-2026 3533.4052 3860.9838
    06-03-2026 3532.2733 3859.5224
    05-03-2026 3531.2333 3858.3111
    04-03-2026 3530.3719 3857.295
    02-03-2026 3530.3093 3857.0764

    Fund Launch Date: 24/Jul/2006
    Fund Category: Ultra Short Duration Fund
    Investment Objective: An Open ended income Scheme, seeking to generate returns commensurate with risk from a portfolio constituted of money market securities and/or debt securities.
    Fund Description: An open ended ultra-short term debt scheme investing in debt and money market securities such that the Macaulay duration of the portfolio is between 3 months and 6 months (please refer page no. 21 under the section œWhere will the Scheme invest?  in the SID for details on Macaulay ™s Duration)
    Fund Benchmark: CRISIL Liquid Fund Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.