DSP Floater Fund Direct Growth

Fund Overview

Fund Size

₹729 Cr

Expense Ratio

0.24%

ISIN

INF740KA1PV1

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

19 Mar 2021

About this fund

DSP Floater Fund Direct Growth is a Floating Rate mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 3 years, 8 months and 3 days, having been launched on 19-Mar-21.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹12.69, Assets Under Management (AUM) of 729.43 Crores, and an expense ratio of 0.24%.

DSP Floater Fund Direct Growth has given a CAGR return of 6.68% since inception.
The fund's asset allocation comprises around 0.00% in equities, 72.00% in debts, and 27.58% in cash & cash equivalents.
You can start investing in DSP Floater Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+9.65%

+8.30% (Cat Avg.)

3 Years

+6.63%

+6.41% (Cat Avg.)

Since Inception

+6.68%

— (Cat Avg.)

Portfolio Summaryas of 31st October 2024

Debt	₹525.17 Cr	72.00%
Others	₹204.26 Cr	28.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
7.93% Govt Stock 2033	Bond - Gov't/Treasury	₹186.82 Cr	25.68%
National Bank For Financing Infrastructure And Development	Bond - Corporate Bond	₹52.01 Cr	7.15%
07.10 MH Sdl 2036	Bond - Gov't/Treasury	₹50.75 Cr	6.98%
182 Day T-Bill 19.12.24	Bond - Gov't/Treasury	₹49.58 Cr	6.82%
Canara Bank	Cash	₹49.57 Cr	6.81%
Bharti Telecom Limited	Bond - Corporate Bond	₹38.1 Cr	5.24%
Uttar Pradesh (Government of) 7.48%	Bond - Sub-sovereign Government Debt	₹26.06 Cr	3.58%
Cholamandalam Investment And Fin. Co. Ltd	Bond - Corporate Bond	₹25.94 Cr	3.57%
Muthoot Finance Limited	Bond - Corporate Bond	₹25.46 Cr	3.50%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹25.42 Cr	3.49%
7.12% State Government Of Maharashtra 2038	Bond - Gov't/Treasury	₹25.14 Cr	3.46%
Axis Bank Ltd.	Bond - Corporate Bond	₹24.87 Cr	3.42%
Hdfc Bank Limited**	Cash	₹24.83 Cr	3.41%
91 DTB 23012025	Bond - Gov't/Treasury	₹24.64 Cr	3.39%
Axis Bank Limited**	Cash	₹24.42 Cr	3.36%
7.45 MP Gs 2044	Bond - Gov't/Treasury	₹20.92 Cr	2.88%
7.38% Govt Stock 2027	Bond - Gov't/Treasury	₹20.84 Cr	2.86%
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹18.67 Cr	2.57%
7.12% State Government Of Maharashtra 2043	Bond - Gov't/Treasury	₹10.06 Cr	1.38%
SBI Funds Management Pvt Ltd/Fund Parent	Mutual Fund - Open End	₹3.11 Cr	0.43%
Net Receivables/Payables	Cash	₹0.26 Cr	0.04%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Gov't/Treasury	₹388.74 Cr	53.44%
Bond - Corporate Bond	₹191.81 Cr	26.37%
Cash	₹99.08 Cr	13.62%
Bond - Sub-sovereign Government Debt	₹26.06 Cr	3.58%
Cash - Repurchase Agreement	₹18.67 Cr	2.57%
Mutual Fund - Open End	₹3.11 Cr	0.43%
Cash - CD/Time Deposit	₹0 Cr	-

Risk & Performance Ratios

Fund Managers

Karan Mundhra

Since August 2024

Shantanu Godambe

Since June 2023

Additional Scheme Detailsas of 31st October 2024

ISIN

INF740KA1PV1

Expense Ratio

0.24%

Exit Load

No Charges

Fund Size

₹729 Cr

Age

3 years 8 months

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Short Duration Debt A-II TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Floating Rate Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Floater Fund Direct Growth Moderate Risk	0.2%	0.0%	₹729.43 Cr	9.7%
DSP Floater Fund Regular Growth Moderate Risk	0.5%	0.0%	₹729.43 Cr	9.3%
Axis Floater Fund Direct Growth Moderate Risk	0.2%	0.0%	₹232.97 Cr	9.8%
Axis Floater Fund Regular Growth Moderate Risk	0.5%	0.0%	₹232.97 Cr	9.4%
Franklin India Floating Rate Fund Regular Growth Low to Moderate Risk	1.0%	0.0%	₹300.79 Cr	8.3%
Nippon India Floating Rate Fund Regular Growth Moderate Risk	0.6%	0.0%	₹7820.98 Cr	8.2%
ICICI Prudential Floating Interest Fund Regular Growth Moderate Risk	1.2%	0.0%	₹8674.64 Cr	8.3%
HDFC Floating Rate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹14941.21 Cr	8.7%
Franklin India Floating Rate Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹300.79 Cr	9.1%
Aditya Birla Sun Life Floating Rate Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹13285.65 Cr	8.3%

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹1,91,740 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹1756.94 Cr	-
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹180.58 Cr	-
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.7%	0.0%	₹992.59 Cr	-
DSP Gold ETF Fund of Fund Direct Growth High Risk	0.6%	0.0%	₹42.85 Cr	23.3%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹2273.39 Cr	24.0%
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹49.06 Cr	8.7%
DSP FMP Series 267 - 1246 Days Direct Growth Low to Moderate Risk	-	0.0%	₹658.70 Cr	8.2%
DSP FMP Series 261 37 Month Direct Growth Moderate Risk	-	-	-	-
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth Low to Moderate Risk	-	0.0%	-	8.2%
DSP FMP Series 268 - 1281 Days Direct Growth Low to Moderate Risk	-	-	-	8.4%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3103.26 Cr	9.0%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3212.31 Cr	19.5%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2980.51 Cr	6.7%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹642.70 Cr	19.1%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹838.01 Cr	43.1%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹3138.46 Cr	48.9%
DSP Global Allocation Fund Direct Growth Very High Risk	1.5%	0.0%	₹52.61 Cr	17.1%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5658.59 Cr	7.8%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹897.36 Cr	30.3%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2215.68 Cr	8.7%
DSP Bond Fund Direct Growth Moderately High risk	0.3%	0.0%	₹376.93 Cr	8.4%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹11788.58 Cr	28.6%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1538.68 Cr	11.0%
DSP Equity & Bond Fund Direct Growth Very High Risk	0.7%	1.0%	₹10327.37 Cr	26.1%
DSP Focus Fund Direct Growth Very High Risk	1.0%	1.0%	₹2546.18 Cr	29.8%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	1.0%	₹188.14 Cr	8.6%
DSP India TIGER Fund Direct Growth Very High Risk	0.8%	1.0%	₹5406.16 Cr	45.5%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹23614.31 Cr	7.5%
DSP Regular Saving Fund Direct Growth Moderately High risk	0.5%	0.0%	₹184.82 Cr	13.8%
DSP Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹16147.05 Cr	25.0%
DSP Ultra Short Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3231.69 Cr	7.7%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2844.74 Cr	8.5%
DSP Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹19015.30 Cr	30.0%
DSP Natural Resource & New Energy Fund Direct Growth Very High Risk	1.0%	0.0%	₹1245.87 Cr	32.5%
DSP Equity Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹13804.22 Cr	35.1%
DSP Strategic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1789.13 Cr	10.7%
DSP Savings Fund Direct Growth Moderate Risk	0.2%	0.0%	₹4111.96 Cr	7.7%
DSP Tax Saver Fund Direct Growth Very High Risk	0.8%	0.0%	₹16841.49 Cr	35.9%
DSP World Agriculture Direct Growth Very High Risk	1.5%	0.0%	₹12.18 Cr	7.1%
DSP Top 100 Equity Fund Direct Growth Very High Risk	1.1%	1.0%	₹4470.18 Cr	31.1%
DSP US Flexible Equity Fund Direct Growth Very High Risk	1.5%	0.0%	₹852.79 Cr	21.6%
DSP World Energy Direct Growth Very High Risk	1.5%	0.0%	₹131.32 Cr	4.0%
DSP World Gold Fund of Fund Direct Growth Very High Risk	1.7%	0.0%	₹1120.06 Cr	34.8%
DSP World Mining Direct Growth Very High Risk	1.5%	0.0%	₹141.35 Cr	8.6%
DSP Equity Savings Fund Direct Growth Moderate Risk	0.4%	0.0%	₹2161.54 Cr	16.4%
DSP Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5917.04 Cr	8.3%
DSP Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹2510.88 Cr	8.1%
DSP 10Y G-Sec Fund Direct Growth Moderate Risk	0.3%	0.0%	₹55.95 Cr	9.4%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹92.05 Cr	8.7%

Risk Level

Your principal amount will be at Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of DSP Floater Fund Direct Growth?

The NAV of DSP Floater Fund Direct Growth, as of 21-Nov-2024, is ₹12.69.

What are the returns of DSP Floater Fund Direct Growth?

The fund has generated 9.65% over the last 1 year and 6.63% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of DSP Floater Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 72.00% in bonds, and 27.58% in cash and cash equivalents.

Who manages the DSP Floater Fund Direct Growth?

The fund managers responsible for DSP Floater Fund Direct Growth are:-

Karan Mundhra
Shantanu Godambe

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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DSP Floater Fund Direct Growth

Fund Overview