DSP Floater Fund Direct Growth
Debt
Direct
Floating Rate
NAV as on 20-01-2025
₹ 12.82
Inception Returns
6.7%
/yr
About DSP Floater Fund Direct Growth
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.
Key Parameters
- DSP Floater Fund Direct Growth has ₹618 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
DSP Floater Fund Direct Growth has given a CAGR return of 6.68% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.31% and 7.12% respectively.
Holdings
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, HDFC Bank Limited, Cholamandalam Investment And Fin. Co. Ltd
Taxation
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:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of DSP Floater Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
DSP Floater Fund Direct Growth Overview
| Expense ratio | 0.25% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹618 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 |
Trailing Returns
as on (20-Jan-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 617.9 Cr as of Dec'24
- AUM decreased by 99.9 Cr between Dec'24 and Nov'24
Top 2 Sectors in December were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.93% Govt Stock 2033 | 33.93% | 2.6% | |
National Bank For Financing Infrastructure And Development | 8.49% | 0% | |
Bank Of Baroda | 8.04% | 0% | |
HDFC Bank Limited | 7.99% | 0% | |
Cholamandalam Investment And Fin. Co. Ltd | 4.26% | 0% |
DSP Floater Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹618 Cr
Expense Ratio 0.25%
Frequently Asked Questions for DSP Floater Fund Direct Growth
DSP Floater Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.42% | 0.42% |
6 Month Returns | 4.44% | 4.44% |
1 Year Returns | 9.31% | 9.31% |
3 Years Returns | 22.92% | 7.12% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 87.13 |
AA | 12.87 |