Should I invest in DSP Short Term Fund?

We don't give personal investment advice. DSP Short Term Fund - Direct Plan - IDCW - Monthly 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: 1.6%. 5-year CAGR: 0.42%.

DSP

DSP Short Term Fund - Direct Plan - IDCW - Monthly

Latest NAV

₹11.7148

As of

3 Jun 2026

3,245 NAV records on file

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	+0.09%	+0.03%	+0.07	2 / 70	Q1
1W	+0.20%	+0.45%	-0.26	46 / 75	Q3
2W	+0.40%	+3.30%	-2.90	8 / 73	Q1
1M	+0.20%	+3.91%	-3.71	22 / 73	Q2
3M	+0.14%	+3.67%	-3.53	36 / 73	Q2
6M	+0.15%	+4.08%	-3.93	35 / 73	Q2
YTD	+0.12%	+4.25%	-4.13	40 / 73	Q3
1Y	+0.21%	+5.25%	-5.04	39 / 73	Q3
2Y	+0.54%	+6.08%	-5.55	40 / 69	Q3
3Y	+0.49%	+5.06%	-4.57	38 / 67	Q3
4Y	+0.62%	+4.91%	-4.29	37 / 58	Q3
5Y	+0.42%	+4.32%	-3.90	29 / 53	Q3
7Y	+0.35%	+3.70%	-3.34	35 / 50	Q3
10Y	+0.40%	+3.17%	-2.77	25 / 42	Q3
Inception	+0.53%	+3.21%	-2.67	45 / 69	Q3

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
2026 YTD	+0.12%	+0.03%	+0.09	29 / 57
2025	+0.58%	+12.93%	-12.35	43 / 62
2024	+0.66%	+3.52%	-2.86	40 / 64
2023	+0.33%	-1.39%	+1.72	41 / 65
2022	+0.21%	+1.79%	-1.58	33 / 60
2021	+0.08%	+1.60%	-1.52	26 / 49
2020	+0.06%	+4.17%	-4.11	37 / 51
2019	+0.76%	+0.83%	-0.07	24 / 50
2018	+0.72%	+1.84%	-1.12	23 / 48
2017	+0.61%	+1.67%	-1.07	20 / 47
2016	-0.32%	+4.15%	-4.47	36 / 45

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

+0.56%

152 windows

min -1.5% · max 2.2%

83% positive

3-Year rolling

+0.48%

127 windows

min -0.3% · max 1.9%

95% positive

5-Year rolling

+0.45%

103 windows

min 0.1% · max 1.0%

100% positive

7-Year rolling

+0.45%

79 windows

min 0.2% · max 0.9%

100% positive

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

0.66%

3-year · annualised

Sharpe ratio

-9.12

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-1.56%

May 2025 → Apr 2026

% positive months

58.3%

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.

Peers in Short Duration Fund

Scheme	Fund house	NAV	As of
HDFC Short Term Debt Fund - Fortnightly IDCW - Direct Plan	HDFC	₹10.3067	3 Jun 2026
NIPPON INDIA SHORT DURATION FUND - Direct Plan - IDCW Option	Nippon India	₹24.4258	3 Jun 2026
SBI Short Term Debt Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹19.8855	3 Jun 2026
ICICI Prudential Short Term Fund - Direct Plan - Monthly IDCW	ICICI Prudential	₹12.6802	3 Jun 2026
Invesco India Short Duration Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,023.1248	3 Jun 2026
Bandhan Short Duration Fund - Direct Plan - Annual IDCW	Bandhan	₹10.8737	3 Jun 2026
Aditya Birla Sun Life Short Term Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹10.8440	3 Jun 2026
Franklin India Short term Income Plan- Retail Plan-Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Monthly - IDCW	Franklin India	₹0.0000	3 Jun 2026
Mirae Asset Short Duration Fund - Direct Plan - IDCW	Mirae Asset	₹17.3593	3 Jun 2026
Kotak Bond Short Term Plan - Direct - Standard Income Distribution cum capital withdrawal option	Kotak	₹15.9032	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹11.7148
2 Jun 2026	₹11.7190
1 Jun 2026	₹11.7079
29 May 2026	₹11.7057
27 May 2026	₹11.7014
26 May 2026	₹11.6960
25 May 2026	₹11.6924
22 May 2026	₹11.6681
21 May 2026	₹11.6584
20 May 2026	₹11.6675

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.

As of 03 Jun 2026, the NAV of DSP Short Term Fund - Direct Plan - IDCW - Monthly is ₹11.7148. It's a Short Duration Fund from DSP, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

DSP Short Term Fund - Direct Plan - IDCW - Monthly has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

DSP Short Term Fund - Direct Plan - IDCW - Monthly is managed by DSP. It's classified by AMFI under the 'Short Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, DSP Short Term Fund - Direct Plan - IDCW - Monthly has delivered a absolute return of 0.21% — -5.04 pp behind the Short Duration Fund category average of 5.25%. The fund ranks #39 of 73 in its category — the third (Q3) quartile.

Over the trailing 3-year window, DSP Short Term Fund - Direct Plan - IDCW - Monthly has delivered a CAGR of 0.49% — -4.57 pp behind the Short Duration Fund category average of 5.06%. The fund ranks #38 of 67 in its category — the third (Q3) quartile.

Over the trailing 5-year window, DSP Short Term Fund - Direct Plan - IDCW - Monthly has delivered a CAGR of 0.42% — -3.9 pp behind the Short Duration Fund category average of 4.32%. The fund ranks #29 of 53 in its category — the third (Q3) quartile.

₹1 lakh invested in DSP Short Term Fund - Direct Plan - IDCW - Monthly exactly 10 years ago would be worth approximately ₹104,042 today — a multiplier of 1.04×, based on the 10-year CAGR of 0.40%. The category average over the same window would have grown ₹1 lakh to ₹136,625.

A ₹10,000 monthly SIP in DSP Short Term Fund - Direct Plan - IDCW - Monthly over the last 5 years — total invested ₹600,000 — would be worth ₹607,488 today. That's an XIRR (money-weighted annualised return) of 0.49%.

A ₹10,000 monthly SIP for 10 years in DSP Short Term Fund - Direct Plan - IDCW - Monthly = ₹1,200,000 invested. It would currently be worth ₹1,225,634 (multiplier 1.02×). XIRR: 0.42%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, DSP Short Term Fund - Direct Plan - IDCW - Monthly ranks #29 out of 53 funds in the Short Duration Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 4.32%; this fund delivered 0.42%.

The worst peak-to-trough decline DSP Short Term Fund - Direct Plan - IDCW - Monthly has experienced over the last 5-year window is 1.56% — its NAV fell from a high on 28 May 2025 to a low on 02 Apr 2026. 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 Short Term Fund - Direct Plan - IDCW - Monthly averaged 0.45% (best 1.03%, worst 0.11%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -9.08 — negative risk-adjusted performance.

In calendar year 2025, DSP Short Term Fund - Direct Plan - IDCW - Monthly returned 0.58% — lagging the Short Duration Fund category average of 12.93% by 12.35 pp. It ranked #43 of 62 in its category that year.

DSP Short Term Fund - Direct Plan - IDCW - Monthly 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 Short Term Fund - Direct Plan - IDCW - Monthly 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: 1.6%. 5-year CAGR: 0.42%.

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