DSP Floater Fund Direct Growth
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
- DSP Floater Fund Direct Growth has ₹896 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 6.34% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.73% and 6.27% respectively.
Holdings
DSP Floater Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 8.34% Govt Stock 2033, National Bank For Financing Infrastructure And Development, 7.3% Govt Stock 2053, Bharti Telecom Limited, 07.29 KA Sdl 2036
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.
Fund Overview
| Expense ratio | 0.25% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹896 Cr |
| Inception Date | 19 March, 2021 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 81.94% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 8.34% Govt Stock 2033 | 32.22% | 40% | |
National Bank For Financing Infrastructure And Development | 5.6% | 0% | |
7.3% Govt Stock 2053 | 4.62% | 0% | |
Bharti Telecom Limited | 4.14% | 0% | |
07.29 KA Sdl 2036 | 3.43% | 0% |
DSP Floater Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹896 Cr
Expense Ratio 0.25%
Frequently Asked Questions
DSP Floater Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.68% | 0.68% |
6 Month Returns | 4.72% | 4.72% |
1 Year Returns | 8.73% | 8.73% |
3 Years Returns | 20.03% | 6.27% |
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 | 89.54 |
AA | 10.46 |