DSP Floater Fund Direct Growth

DSP Floater Fund Direct Growth

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Debt
Direct
Floating Rate
NAV: ₹ 12.09 as on 22-05-2024

About the Fund

DSP Floater Fund Direct Growth is a debt fund. This fund was started on 19 March, 2021. The fund is managed by Kedar Karnik. This fund is suitable to keep your money safe.

Key Parameters

  1. DSP Floater Fund Direct Growth has ₹870 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.
Fund Performance
zero opening, trading, fund transfer fee
9 people have invested ₹ 1.1L in DSP Floater Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.2%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹870 Cr
Inception Date
Inception Date
19 March, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
81.94%

DSP Floater Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
88%
AA
12%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
57.8%
Corporate
27.2%
Cash Equivalent
15%

Top Holdings of DSP Floater Fund Direct Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings16
Holdings
Weight%
1M Change
7.72% Govt Stock 2028
7.72% Govt Stock 2028
16.23%
0%
8.34% Govt Stock 2033
8.34% Govt Stock 2033
11.85%
100%
Axis Bank Limited
Axis Bank Limited
8.44%
0%
07.47 MH Sdl 2034
07.47 MH Sdl 2034
5.84%
0%
07.29 KA Sdl 2036
07.29 KA Sdl 2036
5.2%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 881.8 Cr
₹ 878.8 Cr
₹ 880 Cr
  • AUM of the fund stands at 881.8 Cr as of Apr'24
  • AUM increased by 3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Kedar Karnik
Kedar Karnik
Fund Manager of DSP Floater Fund Direct Growth, since 17 July 2021

DSP Floater Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.14% since inception which is more than its category average return of 5.09%
AUM size ₹870 Cr

AUM size ₹870 Cr

This fund has AUM of ₹870 Cr which is less than its category average of ₹ 4697 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.56%

Frequently Asked Questions

The current NAV of DSP Floater Fund Direct Growth is ₹12.09 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
DSP Floater Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.86%
0.86%
6 Month Returns
4.43%
4.43%
1 Year Returns
8.42%
8.42%
3 Years Returns
18.69%
5.88%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.2% as on April 2024
₹870 Cr as on April 2024
7.72% Govt Stock 2028(16.23%), 8.34% Govt Stock 2033(11.85%), Axis Bank Limited(8.44%), 07.47 MH Sdl 2034(5.84%), 07.29 KA Sdl 2036(5.2%) as on April 2024
Government(61.77%), Corporate(27.39%), Cash Equivalent(10.84%) as on April 2024
Yield to Maturity is 7.64 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.67 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
88
AA
12
Kedar Karnik is the fund manager of DSP Floater Fund Direct Growth
The Exit load of DSP Floater Fund Direct Growth is 0%