DSP Floater Fund Direct Growth
DSP Floater Fund Direct Growth

DSP Floater Fund Direct Growth

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Debt
Direct
Floating Rate

NAV: ₹ 10.9 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
10 people have invested ₹ 16.5K in mutual fund in the last three months

Fund Insights

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In the last 1 year, Aditya Birla Sun Life Floating Rate Fund Direct Plan Growth has given 5.38% return, outperforming this fund by 1.41%

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Over the last 6 months, this fund has decreased expense ratio by 3.8% moving from 0.26 to 0.25

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This fund has one of the lowest expense ratio in the category (floating rate). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.62%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
This Fund
0.6%
1.8%
3.1%
4%
Benchmark
0.5%
1.7%
3.1%
4.5%
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 Laukik Bagwe, Kedar Karnik. This fund is suitable to keep your money safe.

Key parameters

1) DSP Floater Fund Direct Growth has a NAV of 10.8673 as on 08-02-2023.

2) DSP Floater Fund Direct Growth has 1095 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.25 %.

Fund Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹1095 Cr
Inception Date
Inception Date
19 March, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
81.94%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Government

97.6%

Cash Equivalent

2.4%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings12
Holdings
Weight%
Holdings Trend
1M Change
6.75% Govt Stock 2024
6.75% Govt Stock 2024
34.54%
0%
364 Dtb 08062023
364 Dtb 08062023
12.96%
0%
7.38% Govt Stock 2027
7.38% Govt Stock 2027
9%
0%
5.22% Govt Stock 2025
5.22% Govt Stock 2025
7.73%
-21.7%
5.15% Govt Stock 2025
5.15% Govt Stock 2025
7.27%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 21.4 Cr in last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 1.2K Cr
Nov'22
₹ 1.2K Cr
Oct'22
₹ 1.2K Cr

Fund Returns vs Benchmark

Jan'23
0.28%
0.58%
Dec'22
0.29%
0.28%
Nov'22
0.62%
0.73%
Fund Return
Benchmark Return

Fund Manager

Laukik Bagwe

Laukik Bagwe

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

Kedar Karnik

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

AMC details

Fund House
DSP Investment Managers Private Limited
Total Schemes
Total AUM
₹1.15L Cr
as on 31-Dec-2022
Address
Tulsiani Chambers,,West Wing, 11th Floor,,Nariman Point
Phone
91-22-66578000
Email
service@dspblackrock.com

Fund Highlights

Risk meter
pointer

Low to Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 4.49% since inception which is less than its category average return of 4.82%
AUM size ₹1095 Cr

AUM size ₹1095 Cr

This fund has AUM of ₹1095 Cr which is less than its category average of ₹ 5226 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% 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 10.87 as on 08-Feb-2023.
Existing (Absolute + CAGR)
DSP Floater Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.56%
0.56%
6 Month Returns
3.09%
3.09%
1 Year Returns
3.97%
3.97%
3 Years Returns
0%
0%
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.
0.25 as on January 2023
1095 Cr as on January 2023
Yield to Maturity is 7.17 as on January 2023. 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 0.73 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Laukik Bagwe,Kedar Karnik are the fund managers of DSP Floater Fund Direct Growth
The Exit load of DSP Floater Fund Direct Growth is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.