DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl

DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl is a debt fund. This fund was started on 19 March, 2021. The fund is managed by Karan Mundhra, Shantanu Godambe. This fund is suitable to keep your money safe.

1. DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl has ₹554 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.3.
   

DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl has given a CAGR return of 7.01% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.64% and 8.53% respectively.

DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.81% Govt Stock 2033, 6.63% Govt Stock 2031, 6.28% Govt Stock 2032, Rec Limited, 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 Payout of Income Dist cum Cap Wdrl has no lock in period.