Overview
DSP Floater Fund Direct Growth
DSP Mutual Fund
The scheme seeks to generate regular income through investment predominantly in floating rate and fixed rate debt instruments (including money market instruments).
Investments in DSP Floater Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 13.2673
Fund Size (AUM)
₹536.68 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
19-Mar-2021
Expense Ratio
0.23%
Exit Load
Nil
Benchmark
CRISIL Short Duration Debt A-II Index
Standard Deviation
1.06
History
Performance & Ratios
1-Year SIP Return
11.08%
3-Year SIP Return
9.42%
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
5.53
Beta
2.09
Sharpe Ratio
1.12
Sortino Ratio
1.56
Information Ratio
4.1
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 10.7% | 8.16% | N/A | N/A |
| Category Average | 9.3% | 7.37% | 6.6% | N/A |
| Rank Within Category | 2 | 4 | N/A | N/A |
Holdings (14)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI FRB | 19.21% |
| National Bank For Financing Infrastructure And Development | Financial | Debenture | 9.96% |
| Bank Of Baroda | Financial | CD | 9.2% |
| Canara Bank | Financial | CD | 9.04% |
| HDFC Bank Ltd. | Financial | CD | 8.89% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | Bonds/NCD | 5.0% |
| REC Ltd. | Financial | Bonds | 4.93% |
| Muthoot Finance Ltd. | Financial | Debenture | 4.92% |
| Bharti Telecom Ltd. | Communication | Debenture | 4.85% |
| REC Ltd. | Financial | Debenture | 4.83% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Franklin India Floating Rate Fund Direct Growth | 313.67 | 10.18 | 8.24 | 0.28 | N/A |
| HDFC Floating Rate Debt Fund Direct Plan Growth | 14724.14 | 9.27 | 7.83 | 0.26 | N/A |
| Tata Floating Rate Fund Direct Growth | 108.68 | 9.4 | 7.61 | 0.33 | N/A |
| Aditya Birla Sun Life Floating Rate Direct Fund Growth | 13274.93 | 8.63 | 7.49 | 0.22 | N/A |
| UTI Floater Fund Direct Growth | 1384.92 | 8.08 | 7.08 | 0.45 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
DSP Mutual Fund
DSP BlackRock Mutual Fund started their mutual fund on 16/12/1996 and its managing total assets of ₹78,763 Cr. Its ranked at 9 as per total assets at end of 30th Sep 2017. DSP Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
DSP group is a financial firm with a legacy of 152 years. It has a been in the asset management avenue for over 20 years now and the group is headed by Mr.Hemendra Kothari.
DSP Investment Managers Pvt. Ltd. is the Asset management Company and DSP Trustee Pvt. Ltd, acts as the trustee of the AMC. The company believes that by using adequate investment strategies, it is relatively easy to be successful in the financial market. It provides a wide range of mutual fund scheme ranging from equity, debt, tax and hybrid. The AMC has always managed to keep the returns consistent and they have a brilliant investor base as well.
The AMC believes in taking measured risks, which ultimately results in understanding the market conditions better and makes the best use of the investment opportunity. With a robust variety of products and consistent performance, DSP mutual fund has made a name for itself in the mutual fund industry.
Launch Date
1996-12-16T00:00:00.284Z
Total AUM
₹ 182266.77 Cr
Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road JunctionWestern Express Highway, Andheri East Mumbai 400069
Phone
1800-208-4499 / 1800-200-4499
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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DSP Floater Fund Direct Growth
DSP Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for DSP Floater Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of DSP Floater Fund Direct Growth?
The top stocks held by DSP Floater Fund Direct Growth include GOI, National Bank For Financing Infrastructure And Development, Bank Of Baroda.
Which industries does DSP Floater Fund Direct Growth invest in?
DSP Floater Fund Direct Growth primarily invests in the following industries: Sovereign, Financial, Communication.
Who are the fund managers of DSP Floater Fund Direct Growth?
The fund managers of DSP Floater Fund Direct Growth are Karan Mundhra and Shantanu Godambe.
How many years has the fund manager been managing DSP Floater Fund Direct Growth?
Karan Mundhra:
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Shantanu Godambe:
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What is the minimum investment for DSP Floater Fund Direct Growth?
The minimum investment for DSP Floater Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for DSP Floater Fund Direct Growth?
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What are the average 3-year returns for DSP Floater Fund Direct Growth?
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What is the expense ratio of DSP Floater Fund Direct Growth, and how does it compare to its category?
The expense ratio of DSP Floater Fund Direct Growth is 0.23%. The average expense ratio for similar funds in the Debt is Calculating....