NAV as on 28-03-2025
₹ 13.07
▲0.1%
1D
Inception Returns
6.9%
/yr
DSP Floater Fund Direct Growth is a debt fund. This fund was started on 19 March, 2021. The fund is managed by Karan Mundhra. This fund is suitable to keep your money safe.
DSP Floater Fund Direct Growth has given a CAGR return of 6.87% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.23% and 7.55% respectively.
DSP Floater Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.93% Govt Stock 2033, National Bank For Financing Infrastructure And Development, Bank of Baroda, Canara Bank, HDFC Bank Limited
As it is a floating rate mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
The primary objective of the scheme is to generate regular income through investment predominantly in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives).
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Floater Fund Direct Growth has no lock in period.
Expense ratio | 0.23% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹566 Cr |
Inception Date | 19 March, 2021 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 710.11% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (28-Mar-25)
as on (31-Dec-69)
Top 2 Sectors in February were Government, Corporate
More funds from DSP
DSP Credit Risk Fund Direct Plan Growth
5Y CAGR
▲ 11.49
DSP CRISIL SDL Plus G-Sec Apr 2033 50:50 Index Fund Direct Growth
1Y CAGR
▲ 10.09
DSP Gilt Fund Direct Plan Growth
5Y CAGR
▲ 7.39
DSP Strategic Bond Fund Direct Plan Growth
5Y CAGR
▲ 7.18
DSP 10Y G-Sec Fund Direct Growth
5Y CAGR
▲ 5.75
DSP Floater Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.15% | 1.15% |
6 Month Returns | 4.02% | 4.02% |
1 Year Returns | 9.23% | 9.23% |
3 Years Returns | 24.41% | 7.55% |
5 Years Returns | 0% | 0% |
AAA | 86.21 |
AA | 13.79 |