DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl

Debt
Direct
Floating Rate
DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl

About the Fund

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 Kedar Karnik. This fund is suitable to keep your money safe.

Key Parameters

  1. DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl 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.

Returns

DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl has given a CAGR return of 6.22% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.57% and 5.97% respectively.

Holdings

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 7.72% Govt Stock 2028, 8.34% Govt Stock 2033, Axis Bank Limited, 7.1% Govt Stock 2034, 07.47 MH Sdl 2034

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 Payout of Income Dist cum Cap Wdrl

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 Payout of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2 people have invested ₹ 4K in DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.2%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹870 Cr
Inception Date19 March, 2021
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
81.94%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
89.8%

AA
10.2%

Sector Allocation

May'24

Apr'24

Mar'24

Government
71.8%
Corporate
27.5%
Cash Equivalent
0.7%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.72% Govt Stock 2028
7.72% Govt Stock 2028
16.31%
0%
8.34% Govt Stock 2033
8.34% Govt Stock 2033
11.9%
0%
Axis Bank Limited
Axis Bank Limited
8.48%
0%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
7.03%
0%
07.47 MH Sdl 2034
07.47 MH Sdl 2034
5.88%
0%

Kedar Karnik
Kedar Karnik
Fund Manager of DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl, since 17 July 2021

DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl 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 6.22% since inception which is more than its category average return of 5.14%
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 Payout of Income Dist cum Cap Wdrl is ₹12.18 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.85%
0.85%
6 Month Returns
4.53%
4.53%
1 Year Returns
8.57%
8.57%
3 Years Returns
19.01%
5.97%
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 May 2024
₹870 Cr as on May 2024
7.72% Govt Stock 2028(16.31%), 8.34% Govt Stock 2033(11.9%), Axis Bank Limited(8.48%), 7.1% Govt Stock 2034(7.03%), 07.47 MH Sdl 2034(5.88%) as on May 2024
Government(71.82%), Corporate(27.48%), Cash Equivalent(0.7%) as on May 2024
Yield to Maturity is 7.77 as on May 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 3.67 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
89.78
AA
10.22
Kedar Karnik is the fund manager of DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl
The Exit load of DSP Floater Fund Direct Payout of Income Dist cum Cap Wdrl is 0%