Should I invest in DSP BlackRock Money Manager Fund?

We don't give personal investment advice. DSP BlackRock Money Manager Fund - Institutional Plan - Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.4%. 5-year CAGR: 8.49%.

DSP BlackRock

DSP BlackRock Money Manager Fund - Institutional Plan - Growth

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.01%	+6.99%	-6.98	122 / 763	Q1
1W	+0.11%	+6.38%	-6.27	169 / 722	Q1
2W	+0.25%	+6.63%	-6.38	150 / 725	Q1
1M	+0.49%	+6.29%	-5.80	174 / 752	Q1
3M	+1.56%	+7.87%	-6.31	229 / 728	Q2
6M	+3.26%	+9.67%	-6.41	271 / 642	Q2
YTD	+4.52%	+8.47%	-3.95	160 / 666	Q1
1Y	+6.85%	+13.70%	-6.85	283 / 591	Q2
2Y	+7.46%	-5.03%	+12.49	48 / 197	Q1
3Y	+7.92%	-3.09%	+11.00	25 / 140	Q1
4Y	+8.41%	+1.62%	+6.79	15 / 119	Q1
5Y	+8.49%	-0.16%	+8.64	9 / 102	Q1
7Y	+8.62%	+2.05%	+6.58	3 / 64	Q1
10Y	+8.01%	+1.80%	+6.21	1 / 17	Q1
Inception	+7.94%	-3.28%	+11.23	256 / 797	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2017 YTD	+4.52%	+0.74%	+3.78	4 / 23
2016	+7.97%	+195.67%	-187.70	10 / 38
2015	+8.36%	+2.23%	+6.14	3 / 65
2014	+9.14%	+2.77%	+6.37	21 / 82
2013	+9.61%	+1.77%	+7.83	5 / 101
2012	+9.49%	-0.30%	+9.79	16 / 113
2011	+8.87%	+1.75%	+7.12	26 / 109
2010	+5.28%	-0.95%	+6.22	24 / 165
2009	+5.20%	-0.31%	+5.51	133 / 482
2008	+8.98%	-5.54%	+14.52	32 / 250
2007	+7.55%	+5.54%	+2.01	15 / 30

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+8.04%

124 windows

min 3.7% · max 10.5%

100% positive

3-Year rolling

+8.06%

99 windows

min 6.4% · max 9.5%

100% positive

5-Year rolling

+8.18%

75 windows

min 7.1% · max 9.1%

100% positive

7-Year rolling

+8.12%

51 windows

min 7.6% · max 8.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.35%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.10%

Dec 2016 → Dec 2016

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
8 Sep 2017	₹2,338.6331
7 Sep 2017	₹2,338.2942
6 Sep 2017	₹2,337.9391
5 Sep 2017	₹2,337.5589
4 Sep 2017	₹2,337.2129
1 Sep 2017	₹2,336.0977
31 Aug 2017	₹2,335.5618
30 Aug 2017	₹2,335.0144
29 Aug 2017	₹2,334.5440
28 Aug 2017	₹2,334.1385

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

DSP BlackRock Money Manager Fund - Institutional Plan - Growth is a Income from DSP BlackRock (Institutional plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

DSP BlackRock Money Manager Fund - Institutional Plan - Growth has NAV history starting from 03 Aug 2006, a track record of about 19 years 10 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

DSP BlackRock Money Manager Fund - Institutional Plan - Growth is managed by DSP BlackRock. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, DSP BlackRock Money Manager Fund - Institutional Plan - Growth has delivered a absolute return of 6.85% — -6.85 pp behind the Income category average of 13.70%. The fund ranks #283 of 591 in its category — the second (Q2) quartile.

Over the trailing 3-year window, DSP BlackRock Money Manager Fund - Institutional Plan - Growth has delivered a CAGR of 7.92% — +11 pp ahead of the Income category average of -3.09%. The fund ranks #25 of 140 in its category — the top (Q1) quartile.

Over the trailing 5-year window, DSP BlackRock Money Manager Fund - Institutional Plan - Growth has delivered a CAGR of 8.49% — +8.64 pp ahead of the Income category average of -0.16%. The fund ranks #9 of 102 in its category — the top (Q1) quartile.

₹1 lakh invested in DSP BlackRock Money Manager Fund - Institutional Plan - Growth exactly 10 years ago would be worth approximately ₹216,128 today — a multiplier of 2.16×, based on the 10-year CAGR of 8.01%. The category average over the same window would have grown ₹1 lakh to ₹119,538.

A ₹10,000 monthly SIP in DSP BlackRock Money Manager Fund - Institutional Plan - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹735,348 today. That's an XIRR (money-weighted annualised return) of 8.06%.

A ₹10,000 monthly SIP for 10 years in DSP BlackRock Money Manager Fund - Institutional Plan - Growth = ₹1,200,000 invested. It would currently be worth ₹1,832,217 (multiplier 1.53×). XIRR: 8.19%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, DSP BlackRock Money Manager Fund - Institutional Plan - Growth ranks #9 out of 102 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -0.16%; this fund delivered 8.49%.

The worst peak-to-trough decline DSP BlackRock Money Manager Fund - Institutional Plan - Growth has experienced over the last 5-year window is 0.42% — its NAV fell from a high on 15 Jul 2013 to a low on 24 Jul 2013. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, DSP BlackRock Money Manager Fund - Institutional Plan - Growth averaged 8.18% (best 9.14%, worst 7.05%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 3.03 — strong risk-adjusted performance.

In calendar year 2016, DSP BlackRock Money Manager Fund - Institutional Plan - Growth returned 7.97% — lagging the Income category average of 195.67% by 187.70 pp. It ranked #10 of 38 in its category that year.

DSP BlackRock Money Manager Fund - Institutional Plan - Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. DSP BlackRock Money Manager Fund - Institutional Plan - Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.4%. 5-year CAGR: 8.49%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

DSP BlackRock Money Manager Fund - Institutional Plan - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Recent NAVs

Frequently asked questions

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