DEBT•FLOATER FUND
DSP Floater Fund
3 Year return
8.08%
NAV on August 15, 2026
14.3364
1D Returns
0%
Launched on March 2021(5 years)
Investment Details
₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
13.5%₹486
Total Value ₹4,086
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹329.25 Cr.
Expense Ratio
0.29% (inclusive of GST)
Exit Load
Nil
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
DSP Mutual Fund Manager
KM
Karan Mundhara
Fund Manager since Mar 2022
SG
Shantanu Godambe
Fund Manager since Jan 2025
Fund House Details
DSP Mutual Fund
Asset management company
AUM
₹2,33,296.27 Cr.
No. of Schemes
223
Setup Date
1996
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Axis Floater Fund | 8.6018% | 0 |
| Franklin India Floating Rate Fund | 8.2534% | 1.5 |
| ICICI Prudential Floating Interest Fund | 8.1166% | 4 |
Schemes by DSP Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Debt . Gilt Fund with 10 year Constant duration
DSP 10Y G-Sec Fund Direct Plan IDCW Quarterly Payout6.9579%
Debt . Gilt Fund with 10 year Constant duration
DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Payout6.8145%
Debt . Gilt Fund with 10 year Constant duration
DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Reinvestment6.8145%
The DSP Floater Fund Direct Plan Growth is a debt mutual fund that invests primarily in floating rate bonds. Floating rate bonds are bonds whose interest rate changes over time, typically in line with market interest rates. This makes them less sensitive to interest rate changes than fixed rate bonds, which can be helpful in protecting your investment from losses during periods of rising interest rates.
The DSP Floater Fund Direct Plan Growth is an open-ended fund. The expense ratio of the DSP Floater Fund Direct Plan Growth is lower than the category average.
Investment Objectives of the Scheme
The investment objective of the DSP Floater Fund Direct Plan Growth is to generate income by investing in a diversified portfolio of floating rate bonds. The fund aims to achieve this objective by investing at least 80% of its assets in floating rate bonds.
Key Features of The Fund
5-year return
6.8689%
Expense Ratio
0.29%
Fund Manager
Karan Mundhara
Fund Size
₹329.25 Cr.
Risk Profile
Moderately Low
Is This Scheme Right for Me?
The DSP Floater Fund Direct Plan Growth is suitable for investors who are looking for a relatively stable income stream with low volatility. The fund is also a good option for investors who are concerned about interest rate risk.
If you are looking for a stable income stream with low volatility, the DSP Floater Fund Direct Plan Growth is a good option to consider. However, it is important to remember that all investments carry some risk and you should always do your own research before investing.
AMC Contact Details
| Name | DSP Mutual Fund |
| Launch Date | N/A |
| Address | N/A |
| Contact | N/A |
| N/A | |
| Website | N/A |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Invest Regularly, Achieve Your Goals with SIPs
Regular investing is a cornerstone of building wealth for the future. SIPs (Systematic Investment Plans) make investing consistent and hassle-free. By setting up a fixed amount to be invested periodically, you can benefit from rupee-cost averaging and potentially reduce the impact of market volatility. Angel One's SIP calculator helps you plan your investment strategy and estimate potential returns.
FAQs
What is today's NAV of DSP Floater Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of DSP Floater Fund on August 15, 2026, is ₹14.3364
What is the AUM of DSP Floater Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of DSP Floater Fund, is ₹329.25 crore.
What is the expense ratio of DSP Floater Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of DSP Floater Fund is 0.29%
What are the returns of DSP Floater Fund since inception?
The DSP Floater Fund was launched on March 04, 2021. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in DSP Floater Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for DSP Floater Fund is ₹100.
How do I invest in DSP Floater Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in DSP Floater Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in DSP Floater Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in DSP Floater Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,086 in 3Y at 8.079% returns
SIP Date1st of every month
Your next SIP Payment will be on 15 September 2026
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