MF Gyan
debtLow risk12 years oldSteady vs its 3-year pace

DSP Ultra Short to Short Term Fund - Direct Plan - Growth

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From DSP Mutual Fund. It's been running since 11 Mar 2015.

Latest price per unit
₹22.0182
▲ 0.12% today
As of 3 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.06 L
▲ ₹6.3k gain · 6.3% / year
Invested 3 years ago
₹1.23 L
▲ ₹23.2k gain · 7.2% / year
Invested 5 years ago
₹1.37 L
▲ ₹36.5k gain · 6.4% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.99 L
Gain / loss+₹19.0k
XIRR (annualised)6.98%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.01 L
Projected gain*+₹20.7k
*at this fund's historical rate of 6.98% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 99 other funds in Income/Debt Oriented Schemes - Ultra Short to Short Term Fund

Same plan
1-year return
6.28%median 0.31% (+5.96%)
Rank #29 of 100Beats 70% of peers
3-year return
7.20%median 0.69% (+6.51%)
Rank #32 of 100Beats 65% of peers
5-year return
6.42%median 0.50% (+5.93%)
Rank #27 of 100Beats 67% of peers
Bumpiness (3Y)
0.49%median 0.62% (-0.13%)
Rank #42 of 100Less risky than 59% of peers
Worst-ever drop
-1.47%median -2.10% (+0.63%)
Rank #70 of 100Less risky than 30% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 7 of last 7 years were positive.

+7%
2020
+4%
2021
+4%
2022
+7%
2023
+8%
2024
+7%
2025
+4%
2026
Best year
2024 · 7.71%
Worst year
2021 · 3.72%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
0.5%

The value swings roughly 0% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-1.47%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of DSP Ultra Short to Short Term Fund - Direct Plan - Growth against other debt funds.

Technical details (for the pros)
CAGR — 1 year6.28%
CAGR — 3 years7.20%
CAGR — 5 years6.42%
CAGR — since launch7.10%
Volatility — 1 year (annualised)0.63%
Volatility — 3 years (annualised)0.49%
Max drawdown — 1 year-0.26%
Max drawdown — 3 years-0.26%
Sharpe ratio — 1 year (rf=6%)0.57
Sharpe ratio — 3 years (rf=6%)2.50

Fund info

Fund house
DSP Mutual Fund
Category
Income/Debt Oriented Schemes - Ultra Short to Short Term Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF740K013Q1
ISIN (Div re-invest)
—
Fund code
133925
First price on record
11 Mar 2015 · 2,787 daily prices

About DSP Ultra Short to Short Term Fund - Direct Plan - Growth

DSP Ultra Short to Short Term Fund - Direct Plan - Growth is a Income/Debt Oriented Schemes - Ultra Short to Short Term Fund offered by DSP Mutual Fund under the Direct plan with the Growth option. It has approximately 12 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of DSP Ultra Short to Short Term Fund - Direct Plan - Growth is ₹22.0182 (as of 3 Sep 2026). Historically, it has delivered 6.27% over the last year, 7.20% CAGR over 3 years, 6.42% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 0.5% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 1.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of DSP Ultra Short to Short Term Fund - Direct Plan - Growth?+

The latest NAV of DSP Ultra Short to Short Term Fund - Direct Plan - Growth is ₹22.0182 as of 3 Sep 2026, up 0.12% from the previous day. NAV is updated once a business day after the market close.

What are the returns of DSP Ultra Short to Short Term Fund - Direct Plan - Growth?+

DSP Ultra Short to Short Term Fund - Direct Plan - Growth has delivered 1-year return 6.27%, 3-year CAGR 7.20%, 5-year CAGR 6.42%, since-inception CAGR 7.10%. Returns are historical and don't predict future performance — markets move in cycles.

What category does DSP Ultra Short to Short Term Fund - Direct Plan - Growth belong to?+

DSP Ultra Short to Short Term Fund - Direct Plan - Growth is categorised as Income/Debt Oriented Schemes - Ultra Short to Short Term Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is DSP Ultra Short to Short Term Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 0.5%, DSP Ultra Short to Short Term Fund - Direct Plan - Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is DSP Ultra Short to Short Term Fund - Direct Plan - Growth a direct plan?+

DSP Ultra Short to Short Term Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is DSP Ultra Short to Short Term Fund - Direct Plan - Growth?+

DSP Ultra Short to Short Term Fund - Direct Plan - Growth has NAV history available from 11 Mar 2015 — approximately 12 years of track record and 2,787 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.