DSP Floater Fund - Direct Plan
Returns
Risk
This fund has Moderate risk.
As per SEBI's Riskometer.
Portfolio of DSP Floater Fund - Direct Plan
Asset Allocation
Split between different types of investments
Credit Rating Weightage
Split between categories of Equity investments
Peer Comparison
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Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
DSP Floater Fund - Direct Plan
|
Moderate
|
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0.26 |
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|
Low to Moderate
|
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0.26 |
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|
Moderate
|
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0.30 |
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|
Moderate
|
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0.23 |
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|
Moderate
|
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0.31 |
Other details of DSP Floater Fund - Direct Plan
Assets
₹326 Cr
Exit Load (Days)
--
Min. Investment (₹)
100
Min. Withdrawal (₹)
500
Min. SIP Investment (₹)
100
Min. No of Cheques
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 0.26% with an overall AUM (Assets Under Management) of ₹326 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:
- Debt allocation in your long-term portfolio, though Short Duration funds are better
- Earning marginally higher returns than fixed deposits, with low volatility and flexibility to redeem anytime
- Investment horizon of 2-3 years
Note:
- These funds invest in bonds whose interest rate changes with the prevailing interest rates in the economy
- Not suitable for long-term wealth creation
Capital Gains Taxation
- If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
- If investment is made before 1 April 2023:
- Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
- Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
- No tax is to be paid as long as you continue to hold the units.
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
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on DSP Floater Fund - Direct Plan
FAQ for DSP Floater Fund - Direct Plan
How to Invest in DSP Floater Fund - Direct Plan?
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.
What is the current NAV of DSP Floater Fund - Direct Plan Today?
The latest declared NAV of DSP Floater Fund - Direct Plan, is ₹13.8970 as of 22-May-2026.
What are the top holdings of DSP Floater Fund - Direct Plan?
| Company | Percentage of Portfolio |
|---|---|
|
GOI GOI FRB 22/09/2033 |
20.89
|
|
Bajaj Finance Ltd Debenture 7.11 10/07/2028 |
8.00
|
|
REC Ltd SR 238 Bonds 7.31 30/09/2039 |
7.75
|
|
Maharashtra State SDL 7.43 03/12/2040 |
7.68
|
|
Mindspace Business Parks REIT SR Debenture 6.9601 08/12/2028 |
7.57
|
What is the return of DSP Floater Fund - Direct Plan in the last 5 years?
Over the past five years, DSP Floater Fund - Direct Plan has delivered an annualised return of 6.44% as of 22-May-2026.
What is the minimum investment required in DSP Floater Fund - Direct Plan?
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.


