DSP Mutual Fund
DSP Ultra Short
6.5Q24
- NAV
- ₹4,021.36
- Expense
- 0.3%
- AUM
- ₹3.7 K Cr
- 1Y
- +6.7%
- 3Y
- +7.5%
- 5Y
- +6.4%
#2 of 4
Min SIP: ₹100Ideal: 1-6 monthsModerate Risk
Franklin Templeton Mutual Fund
Franklin India Ultra Short Bond Fund - Super Institutional Plan - Direct - Growth
3Y returns
7.9%
past performance*
5Y returns
8.2%
past performance*
0.28%Expense ratio
₹283 CrFund size
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*Past performance does not guarantee future returns. Returns are historical and subject to market risk.
NAV₹34.24
1D—
Expense0.28%
AUM₹283 Cr
Min SIP₹500
Min Lumpsum₹5,000
Trailing returns (CAGR)
| 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| +0.31% | +0.58% | +1.29% | +3.02% | +10.79% | +7.87% | +8.24% | +8.63% |
🎯 OnePaisa Verdict
7.3/ 10
GoodBreakdown
- Returns10/10
- Consistency6/10
- Risk5/10
- Cost9/10
- Size4/10
- Top quartile performer — ranked #1 of 4 in category
- Very low expense ratio (0.28%) — more of your money compounds for you
- Beats category average by 3.2% (1Y)
💡 Ratings are not guarantees. Past performance does not predict future results.
vs Category (Ultra Short Duration)
This fund (1Y)
+10.79%
Rank #1 of 4
Category average (1Y)
+7.61%
Quartile Q1 ★ Top 25%
Beats 75% of ultra short duration funds on 1Y return.
💰 What This Fund Costs You
Expense ratio: 0.28%
That is ₹280 per year on every ₹1 lakh invested.
10-year impact on ₹1 lakh (assuming 12% gross return)
Without this expense, ₹1 lakh would have grown to ₹3.11 L.
🎯 Is This Fund Right For You?
- Ideal horizon
- 1-6 months
- Minimum: 1 month
- Risk profile
- Low to Moderate
- SIP recommended
- ➖ Lump sum preferred
- Lump sum
Duration of 3-6 months. Slightly more return than liquid with marginally more risk.
Suitable goals
- Short-term goals (1-6 months)
- Better returns than liquid fund
Suitable for
- Those with 1-6 month horizon
- Conservative investors parking surplus
Not suitable for
- Those needing daily liquidity (use liquid)
- Long-term goals
🧾 Taxation
This is an Debt Fund.
- Short-term (Less than 2 years (listed) / 3 years (unlisted))
- As per income tax slab
- Long-term (2 years or more (listed))
- 12.5%
- LTCG exemption
- No exemption
- TDS
- No TDS for resident Indians on redemption
💡 Worked example
Invest ₹1,00,000 and gain ₹25,000 over 2 years:
- Tax type: LTCG (12.5% LTCG)
- Taxable gain: ₹25,000
- Tax owed: ₹3,125
- You keep: ₹1,21,875
Post-Budget 2025: listed debt funds held over 2 years qualify for 12.5% LTCG (no indexation). Unlisted debt funds need 3 years.
🚨 Things to Watch
No red flags detected
This fund scores reasonably across returns, risk, and costs. Always cross-check with your own goals before investing.
📊 SIP Calculator — Franklin India Ultra Short Bond Fund - Super Institutional Plan - Direct
Estimated corpus
₹3.72 L
- Total invested
- ₹3.00 L
- Estimated gain
- ₹72,230 (+24%)
▮ Invested▮ Gains
How it stacks up vs alternatives
- Fixed Deposit (7%)₹3.60 L
- Category average (7.4%)₹3.64 L
- This fund (8.24%)₹3.72 L
⚠️ Projection based on past CAGR. Actual returns may vary. Markets are subject to risk; past performance is not a guarantee of future results.
▶Show Advanced Analysis
💸 Expense Impact (₹10K/month for 20 years at 12% gross)
- This fund — Direct (0.28%)₹96.20 L
- Index fund (0.10%)₹98.57 L
- Regular plan (~1.50%)₹81.76 L
Choosing this Direct plan over a Regular plan saves about ₹14.44 L. Index fund would still beat it by ₹2.37 L thanks to its lower expense ratio.
Fund information
- Scheme category
- Debt Scheme - Ultra Short Duration Fund
- Benchmark
- NIFTY Ultra Short Dur Debt A-I
- Inception
- 2024-08-29
- Lock-in
- None
- Plan
- Direct
- Option
- Growth
Data freshness
- NAV as of: 2022-08-07
- Metrics calculated: —
- Source: mfapi.in, AMFI India
NAV trend
See how a SIP grows in this fund
Use the SIP Calculator with this fund's historical CAGR to project a monthly investment.
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- NAV
- ₹16.77
- Expense
- —
- AUM
- ₹17.2 K Cr
- 1Y
- +6.5%
- 3Y
- +7.3%
- 5Y
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Canara Robeco Mutual Fund
CANARA ROBECO ULTRA SHORT TERM FUND OPTION
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- NAV
- ₹4,379.09
- Expense
- 0.4%
- AUM
- ₹546 Cr
- 1Y
- +6.5%
- 3Y
- +7.1%
- 5Y
- +6.0%
#4 of 4
Min SIP: ₹500Ideal: 1-6 monthsLow to Moderate Risk