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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
DSP Floater Fund - Direct Plan
|
Moderate
|
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0.25 |
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|
Moderate
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0.27 |
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|
Low to Moderate
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0.24 |
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|
Low to Moderate
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0.30 |
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|
Moderate
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0.26 |
₹407 Cr
--
100
500
100
6
About DSP Floater Fund - Direct Plan
DSP Floater Fund - Direct Plan is a debt mutual fund scheme of DSP Mutual Fund. Launched on March 19, 2021, it is currently managed by Karan Mundhra and Shantanu Godambe. The fund has an expense ratio of 0.25% with an overall AUM (Assets Under Management) of ₹407 Cr.
DSP Floater Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in bonds carrying a floating rate of interest. The fund allows minimum lumpsum investment of ₹100 and minimum SIP of ₹100.
Investment Strategy
The scheme seeks to generate regular income through investment predominantly in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives).
Suitability
Floater funds are suitable for:
Note:
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of DSP Floater Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, DSP Floater Fund - Direct Plan can be bought from the DSP Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
The latest declared NAV of DSP Floater Fund - Direct Plan, is ₹13.8926 as of 20-Mar-2026.
| Company | Percentage of Portfolio |
|---|---|
|
GOI GOI FRB 22/09/2033 |
17.05
|
|
GOI Sec 6.68 27/01/2033 |
6.69
|
|
Muthoot Finance Ltd SR 28-A OP II Debenture 8.40 27/07/2028 |
6.52
|
|
Bajaj Finance Ltd Debenture 7.11 10/07/2028 |
6.39
|
|
National Bank For Agriculture & Rural Development SR 25B Bonds 7.64 06/12/2029 |
6.35
|
Over the past five years, DSP Floater Fund - Direct Plan has delivered an annualised return of --% as of 20-Mar-2026.
The minimum investment required to start investing in DSP Floater Fund - Direct Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.