Dsp Ultra Short Fund Datagrid
Category Ultra Short Duration Fund
BMSMONEY Rank 15
Rating
Growth Option 31-07-2026
NAV ₹3625.03(R) +0.02% ₹3972.26(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.8% 6.65% 5.8% 5.45% 5.67%
Direct 6.57% 7.42% 6.57% 6.21% 6.44%
Benchmark
SIP (XIRR) Regular -9.55% 0.81% 4.49% 4.99% 4.75%
Direct -8.87% 1.57% 5.27% 5.77% 5.51%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.71 1.03 0.67 0.38% 0.06
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.48% 0.0% 0.0% 0.16 0.32%
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
Baroda BNP Paribas Ultra Short Duration Fund 3
HSBC Ultra Short Duration Fund 4
ICICI Prudential Ultra Short Term Fund 5

NAV Date: 31-07-2026

Scheme Name NAV Rupee Change Percent Change
DSP Ultra Short Fund - Regular Plan - IDCW - Weekly Reinvest 1005.27
0.2300
0.0200%
DSP Ultra Short Fund - Direct Plan - IDCW - Weekly 1005.29
0.2500
0.0200%
DSP Ultra Short Fund - Direct Plan - IDCW - Daily 1005.4
0.0000
0.0000%
DSP Ultra Short Fund - Regular Plan - IDCW - Daily Reinvest 1005.49
0.0000
0.0000%
DSP Ultra Short Fund - Regular Plan - IDCW - Monthly 1079.94
0.2500
0.0200%
DSP Ultra Short Fund - Direct Plan - IDCW - Monthly 1088.15
0.2700
0.0200%
DSP Ultra Short Fund - Regular Plan - IDCW - Payout 1125.93
0.2600
0.0200%
DSP Ultra Short Fund - Direct Plan - IDCW 1138.45
0.2800
0.0200%
DSP Ultra Short Fund - Regular Plan - Growth 3625.03
0.8200
0.0200%
DSP Ultra Short Fund - Direct Plan - Growth 3972.26
0.9800
0.0200%

Review Date: 31-07-2026

Beginning of Analysis

DSP Ultra Short Fund is the 14th ranked fund in the Ultra Short Duration Fund category. The category has total 23 funds. The DSP Ultra Short Fund has shown an average past performence in Ultra Short Duration Fund. The fund has a Jensen Alpha of 0.38% which is lower than the category average of 0.45%, showing poor performance. The fund has a Sharpe Ratio of 1.71 which is lower than the category average of 1.96.
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%, 1.8 and 3.57 in last one, three and six months respectively. In the same period the category average return was 0.5%, 1.78% and 3.47% respectively.
  • DSP Ultra Short Fund has given a return of 6.57% in last one year. In the same period the Ultra Short Duration Fund category average return was 6.48%.
  • The fund has given a return of 7.42% in last three years and ranked 6.0th out of twenty three 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 6.57% in last five years and ranked 8th out of twenty two funds in the category. In the same period the Ultra Short Duration Fund category average return was 6.48%.
  • The fund has given a return of 6.44% in last ten years and ranked 8th out of ten funds in the category. In the same period the category average return was 6.42%.
  • The fund has given a SIP return of -8.87% in last one year whereas category average SIP return is -8.99%. The fund one year return rank in the category is 6th in 23 funds
  • The fund has SIP return of 1.57% in last three years and ranks 7th in 22 funds. Nippon India Ultra Short Duration Fund has given the highest SIP return (1.76%) in the category in last three years.
  • The fund has SIP return of 5.27% in last five years whereas category average SIP return is 5.14%.

DSP Ultra Short Fund Risk Analysis

  • The fund has a standard deviation of 0.48 and semi deviation of 0.32. The category average standard deviation is 0.43 and semi deviation is 0.29.
  • 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
    0.45
    		0.39 | 0.52 13 | 23 Average
    3M Return % 1.61
    1.64
    		1.40 | 1.81 14 | 23 Average
    6M Return % 3.21
    3.20
    		2.83 | 3.43 11 | 23 Good
    1Y Return % 5.80
    5.90
    		5.12 | 6.34 16 | 23 Average
    3Y Return % 6.65
    6.68
    		5.69 | 7.25 14 | 23 Average
    5Y Return % 5.80
    5.97
    		4.99 | 6.49 14 | 22 Average
    7Y Return % 5.45
    5.70
    		4.72 | 6.41 13 | 17 Average
    10Y Return % 5.67
    5.94
    		3.60 | 6.84 8 | 10 Average
    15Y Return % 6.63
    7.11
    		6.63 | 7.72 9 | 9 Average
    1Y SIP Return % -9.55
    -9.51
    		-10.19 | -9.11 14 | 23 Average
    3Y SIP Return % 0.81
    0.86
    		-0.12 | 1.39 15 | 23 Average
    5Y SIP Return % 4.49
    4.59
    		3.56 | 5.12 14 | 22 Average
    7Y SIP Return % 4.99
    5.18
    		4.15 | 5.75 13 | 17 Average
    10Y SIP Return % 4.75
    4.97
    		3.33 | 5.71 8 | 10 Average
    15Y SIP Return % 4.99
    5.61
    		4.99 | 6.48 9 | 9 Average
    Standard Deviation 0.48
    0.43
    		0.31 | 0.50 21 | 23 Poor
    Semi Deviation 0.32
    0.29
    		0.22 | 0.35 21 | 23 Poor
    Sharpe Ratio 1.71
    1.96
    		-0.27 | 2.91 15 | 23 Average
    Sterling Ratio 0.67
    0.67
    		0.57 | 0.73 14 | 23 Average
    Sortino Ratio 1.03
    1.31
    		-0.10 | 2.22 15 | 23 Average
    Jensen Alpha % 0.38
    0.45
    		-0.34 | 0.93 15 | 23 Average
    Treynor Ratio 0.06
    0.07
    		0.01 | 0.10 15 | 23 Average
    Modigliani Square Measure % 1.42
    1.63
    		-0.22 | 2.41 15 | 23 Average
    Alpha % -1.52
    -1.43
    		-2.34 | -0.84 15 | 23 Average
    Return data last Updated On : July 31, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.51 0.50 0.47 | 0.54 8 | 24 Good
    3M Return % 1.80 1.78 1.64 | 1.88 13 | 24 Average
    6M Return % 3.57 3.47 3.30 | 3.68 4 | 24 Very Good
    1Y Return % 6.57 6.48 6.21 | 6.87 7 | 24 Good
    3Y Return % 7.42 7.24 6.49 | 7.58 6 | 23 Very Good
    5Y Return % 6.57 6.48 5.70 | 7.10 8 | 22 Good
    7Y Return % 6.21 6.22 5.29 | 6.73 10 | 17 Good
    10Y Return % 6.44 6.42 4.10 | 7.28 8 | 10 Average
    1Y SIP Return % -8.87 -8.99 -9.34 | -8.63 6 | 23 Very Good
    3Y SIP Return % 1.57 1.43 0.71 | 1.76 7 | 22 Good
    5Y SIP Return % 5.27 5.14 4.35 | 5.50 7 | 21 Good
    7Y SIP Return % 5.77 5.74 4.87 | 6.43 7 | 16 Good
    10Y SIP Return % 5.51 5.49 3.93 | 6.00 7 | 9 Average
    Standard Deviation 0.48 0.43 0.31 | 0.50 21 | 23 Poor
    Semi Deviation 0.32 0.29 0.22 | 0.35 21 | 23 Poor
    Sharpe Ratio 1.71 1.96 -0.27 | 2.91 15 | 23 Average
    Sterling Ratio 0.67 0.67 0.57 | 0.73 14 | 23 Average
    Sortino Ratio 1.03 1.31 -0.10 | 2.22 15 | 23 Average
    Jensen Alpha % 0.38 0.45 -0.34 | 0.93 15 | 23 Average
    Treynor Ratio 0.06 0.07 0.01 | 0.10 15 | 23 Average
    Modigliani Square Measure % 1.42 1.63 -0.22 | 2.41 15 | 23 Average
    Alpha % -1.52 -1.43 -2.34 | -0.84 15 | 23 Average
    Return data last Updated On : July 31, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 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
    31-07-2026 3625.0306 3972.2602
    30-07-2026 3624.2077 3971.2815
    29-07-2026 3623.8072 3970.7659
    28-07-2026 3623.4056 3970.2488
    27-07-2026 3622.859 3969.5727
    24-07-2026 3620.4285 3966.68
    23-07-2026 3619.6505 3965.751
    22-07-2026 3618.8983 3964.8505
    21-07-2026 3618.7352 3964.5953
    20-07-2026 3617.1043 3962.7319
    17-07-2026 3616.1974 3961.5091
    16-07-2026 3614.341 3959.3991
    15-07-2026 3612.9386 3957.7865
    14-07-2026 3612.4247 3957.1472
    13-07-2026 3614.4878 3959.3308
    10-07-2026 3613.0432 3957.5195
    09-07-2026 3612.1144 3956.4258
    08-07-2026 3610.4577 3954.5349
    07-07-2026 3612.2665 3956.4398
    06-07-2026 3614.2088 3958.4906
    03-07-2026 3613.3907 3957.3653
    02-07-2026 3613.0493 3956.9152
    01-07-2026 3611.0862 3954.689
    30-06-2026 3608.7782 3952.0853

    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.