DSP Floater Fund Direct - Growth

Q: What are the returns of DSP Floater Fund?

The DSP Floater Fund is a 4 yrs 3 m old fund and has delivered average annual returns of 7.09% since inception. DSP Floater Fund Returns 1-Year 3-Year Since Inception 10.53% 8.59% 7.09%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹13.3906+0.06% 1 day change	7.09% p.a.	#NA View Ranked Funds	₹618 Crs

Historical NAV & returns

NAV: ₹13.3906 as on Jun 05, 2025

This fund Category average

DSP Floater Fund overview

Expense ratio	0.25% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹618 Crs
Lock-in	No Lockin
Age	4 yrs 3 m since Mar 04, 2021
Benchmark	CRISIL Short Duration Debt A-II Index
Min. investment	SIP ₹500 & Lump. ₹500
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

DSP Floater Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 01, 2025

Period	This fund	Category average
1 Month	0.77%	0.89%
3 Months	3.6%	3.42%
6 Months	5.09%	5.08%
1 Year	10.53%	9.81%
2 Years	9.38%	8.83%
3 Years	8.59%	8.24%
4 Years	7.02%	6.93%

Asset allocationas on Dec 31, 2024

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 52.24%

AAA 16.75%

A1+ 16.03%

AA+ 12.56%

Top Debt Holdings

National Bank For Financing Infrastructure And Development 8.49%

Bank Of Baroda 8.04%

HDFC Bank Ltd. 7.99%

Madhya Pradesh State 7.56%

Allocation by Instruments

GOI Securities Floating Rate Bond 33.93%

Debenture 20.869999999999997%

Certificate of Deposit 16.03%

State Development Loan 13.409999999999998%

Other Holdings

Others 1.43%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
DSP Floater Fund	N.A.	₹618 Crs	4 yrs 3 m	0.25%
Franklin India Floating Rate Fund	N.A.	₹323 Crs	12 yrs 5 m	0.23%
UTI Floater Fund	N.A.	₹1,395 Crs	6 yrs 7 m	0.41%
Aditya Birla Sun Life Floating Rate Fund	N.A.	₹13,438 Crs	12 yrs 5 m	0.22%
HDFC Floating Rate Debt Fund	N.A.	₹14,724 Crs	12 yrs 5 m	0.26%
ICICI Prudential Floating Interest Fund	N.A.	₹6,964 Crs	12 yrs 5 m	0.55%

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Floater Fund	0.77%	5.09%	10.53%	8.59%	N.A.	N.A.
Franklin India Floating Rate Fund	0.82%	5.41%	10.3%	8.67%	7.04%	7.06%
UTI Floater Fund	0.93%	4.62%	8.53%	7.45%	6.3%	4.58%
Aditya Birla Sun Life Floating Rate Fund	0.82%	4.58%	8.85%	7.88%	6.75%	7.63%
HDFC Floating Rate Debt Fund	0.92%	4.86%	9.47%	8.27%	7.16%	7.64%
ICICI Prudential Floating Interest Fund	0.83%	4.58%	9.29%	8.62%	7.51%	8.03%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Floater Fund	0.97	2.1	1.99	4.16
Franklin India Floating Rate Fund	0.86	1.8	2.35	4.49
UTI Floater Fund	0.54	1.26	1.64	3.08
Aditya Birla Sun Life Floating Rate Fund	0.49	1.08	2.62	4.72
HDFC Floating Rate Debt Fund	0.68	1.15	2.41	3.42
ICICI Prudential Floating Interest Fund	1.02	0.62	1.9	2.33

View all Floater funds

Key risk & return ratios Compared to other funds in the category

Alpha	5.92 vs. 4.72 Higher outperformance against benchmark
Sharpe	1.99 vs. 5.63 Poor risk-adjusted returns
Beta	2.1 vs. 2.66 Less sensitive to market ups & downs
Standard deviation	0.97 vs. 0.88 More volatile performance

Compare DSP Floater Fund in detail with

About this fund

About DSP Floater Fund

DSP Floater Fund Direct - Growth is a Floater mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 4 yrs 3 m, having been launched on 04/03/2021. DSP Floater Fund Direct - Growth has ₹618 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Floater Fund Direct - Growth as of 05/06/2025 is ₹13.39. The fund has an expense ratio of 0.25%, which is close to what most other Floater funds charge.

DSP Floater Fund Direct - Growth returns of last 1-year are 10.59%. Since launch, it has delivered 7.17% average annual returns.
DSP Floater Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in National Bank For Financing Infrastructure And Development, Bank Of Baroda, HDFC Bank Ltd., Madhya Pradesh State, Maharashtra State.

...

Fund AUM	₹618 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Shantanu Godambe

Mr. Godambehas done B.Com, MS (Finance) and CFA Prior to joining DSP Mutual Fund, he has worked with Yes Bank, Prebon Yamane and ICAP India Private Limited

Karan Mundhra

Mr. Mundra is a B. COM. and Charted Accountant (CA) He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.

Investment objective

The scheme seeks to generate regular income through investment predominantly in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives).

DSP Mutual Fund details

No. of schemes	50 view all schemes
Total AUM	₹1,87,436 Crs as on Mar 31, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
DSP Income Plus Arbitrage FoF	N.A.	₹436 Crs	9.9%	10.33%
DSP Gilt Fund	N.A.	₹1,782 Crs	11.49%	9.47%
DSP 10Y G-Sec Fund	N.A.	₹57 Crs	11.63%	9.45%
DSP Strategic Bond Fund	N.A.	₹1,893 Crs	11.38%	9.18%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	N.A.	₹2,204 Crs	10.26%	8.62%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of DSP Floater Fund?

The current Net Asset Value (NAV) of the DSP Floater Fund - Direct Growth plan is approximately ₹13.3906 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The DSP Floater Fund is a 4 yrs 3 m old fund and has delivered average annual returns of 7.09% since inception.

DSP Floater Fund Returns

1-Year	3-Year	Since Inception
10.53%	8.59%	7.09%

How much does this mutual fund charge as expense ratio?

The DSP Floater Fund - Direct Growth has an expense ratio of 0.25%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The DSP Floater Fund currently has assets under management (AUM) or fund size valued at approximately ₹618 Crs crore as of Mar 31, 2025.

To whom does DSP Floater Fund lend to?

The top 3 debt holdings of DSP Floater Fund are as follows

Holding Name	Percentage of Portfolio
National Bank For Financing Infrastructure And Development	8.49%
Bank Of Baroda	8.04%
HDFC Bank Ltd.	7.99%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The DSP Floater Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	52.24%
AAA	16.75%
A1+	16.03%

What is risk level of DSP Floater Fund?

This is a Floater fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in DSP Floater Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for DSP Floater Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in DSP Floater Fund is complete.

How can I redeem my investments in DSP Floater Fund?

Redeeming your investments in DSP Floater Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in DSP Floater Fund from anywhere else, you can go to the fund house website and put a request through it.