3 Year return
6.57%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately Low Risk
Asset Under Management
₹804.65 Cr.
Expense Ratio
0.24% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
DSP Mutual Fund Managers
KK
Kedar Karnik
Fund Manager since Apr 2022
Fund House Details
DSP Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
ICICI Prudential Floating Interest Fund |
6.76% |
4 |
Nippon India Floating Rate Fund |
6.35% |
2.5 |
Kotak Floating Rate Fund |
6.29% |
3 |
Schemes by DSP Mutual Fund
List of mutual fund schemes by AMC
Debt . Gilt Fund with 10 year Constant duration
DSP 10Y G-Sec Fund Direct Plan Growth
Debt . Gilt Fund with 10 year Constant duration
DSP 10Y G-Sec Fund Direct Plan IDCW Quarterly Payout
Debt . Gilt Fund with 10 year Constant duration
DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Payout
Debt . Gilt Fund with 10 year Constant duration
DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Reinvestment
Debt . Gilt Fund with 10 year Constant duration
DSP 10Y G-Sec Fund Direct Plan IDCW Payout
About DSP Floater Fund Direct Plan Growth
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 | NA |
Expense Ratio | 0.24% |
Fund Manager | Kedar Karnik |
Fund Size | ₹804.65 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 | May 1996 |
Addresss | NATRAJ, Office No. 302, 3rd Floor, Plot No - 194, MV Road Junction, Western Express Highway, Andheri (East) Mumbai |
Contact | 7738000030 |
service@dspim.com | |
Website | https://www.dspim.com/ |
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
FAQs
What is today's NAV of DSP Floater Fund?
What is the AUM of DSP Floater Fund?
What is the expense ratio of DSP Floater Fund?
What are the returns of DSP Floater Fund since inception?
What is the minimum SIP amount to invest in DSP Floater Fund?
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.