DSP Floating Interest Rates Fund
- NAV as on 9 Nov 2026
- ₹14.15+0.07%1 day
- Return since launch
- 6.3%
- 52-week range
- ₹13.52 — ₹14.14
- AUM
- ₹311 Cr
DSP Floating Interest Rates Fund is a Floater debt fund from DSP Mutual Fund with ₹311 Cr under management, launched in 2021. Over three years it has returned 6.3% a year, against 7.2% for its category. The expense ratio is 0.56% and the SEBI riskometer reading is Moderate.
Performance
DSP Floating Interest Rates Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.6% against +5.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.6% | −0.6 pts | 5.3% | 4.9% |
| 2Y | 5.3% | −0.5 pts | 5.8% | 5.7% |
| 3Y | 6.3% | −0.9 pts | 7.2% | 6.4% |
| 5Y | 6.8% | +0.4 pts | 6.4% | 6.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.4% |
| 3M | 0.3% | −0.3 pts | 0.6% | 0.6% |
| 6M | 2.9% | 0.0 pts | 2.9% | 2.7% |
| 1Y | 4.5% | −0.7 pts | 5.3% | 5.0% |
| 2Y | 6.2% | −0.3 pts | 6.5% | 6.5% |
| 3Y | 7.3% | +0.1 pts | 7.2% | 7.1% |
| 5Y | 6.3% | −0.1 pts | 6.4% | 6.3% |
Since launch (4 Mar 2021): 6.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.5% | −0.5 pts | 8.0% |
| 2024 | 9.0% | +0.5 pts | 8.5% |
| 2023 | 7.9% | +0.1 pts | 7.7% |
| 2022 | 3.0% | −1.5 pts | 4.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.56%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.45%
- Brokerage
- 0.01%
- Transaction charges
- 0.02%
- Statutory levies
- 0.08%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Short Duration Debt A-II Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.81 | 1.08 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.40 | 1.81 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.66 | 1.42 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
DSP Floating Interest Rates Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt88.7%
- Other11.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 24.73% | ₹78.17 Cr | +41.80% | +38.68% | +57.64% |
| Others | Others | 12.78% | ₹40.48 Cr | +3.21% | +3.00% | +1.95% |
| Telangana State | Financial | 7.85% | ₹24.81 Cr | — | — | — |
| Export-Import Bank Of India | Financial | 7.81% | ₹24.70 Cr | — | — | — |
| Mindspace Business Parks REIT | Construction | 7.77% | ₹24.58 Cr | +7.54% | +7.02% | — |
| HDFC Bank Ltd. | Financial | 7.70% | ₹24.34 Cr | — | +6.68% | +4.90% |
| REC Ltd. | Financial | 7.54% | ₹23.83 Cr | +7.93% | +7.15% | +4.83% |
| Bharti Telecom Ltd. | Communication | 6.72% | ₹21.24 Cr | +6.35% | +7.32% | +2.87% |
| Maharashtra State | Others | 1.30% | ₹4.10 Cr | +1.24% | +7.09% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Telangana State | 0.00% | 7.85% | +7.85% |
| company:442 | 7.57% | 0.00% | -7.57% |
| company:2048 | 7.56% | 0.00% | -7.56% |
| company:5652 | 7.56% | 0.00% | -7.56% |
| REC Ltd. | 8.10% | 7.54% | -0.56% |
| GOI | 21.71% | 21.47% | -0.24% |
| HDFC Bank Ltd. | 7.54% | 7.70% | +0.16% |
| Export-Import Bank Of India | 7.65% | 7.81% | +0.16% |
| Bharti Telecom Ltd. | 6.58% | 6.72% | +0.14% |
| Maharashtra State | 1.28% | 1.30% | +0.02% |
| Others | 1.11% | 1.13% | +0.02% |
| Mindspace Business Parks REIT | 7.76% | 7.77% | +0.01% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹4,910 Cr | 0.61% | 5.8% | 6.7% | 7.0% |
 HDFC Floating Interest Rates Fund | ₹15,498 Cr | 0.50% | 5.2% | 6.6% | 7.0% |
 ICICI Prudential Floating Interest Rates Fund | ₹8,027 Cr | 0.82% | 5.1% | 6.5% | 6.9% |
 SBI Floating Interest Rates Fund | ₹669 Cr | 0.43% | 5.9% | 6.7% | 7.0% |
 Bandhan Floating Interest Rates Fund | ₹210 Cr | 0.76% | 5.5% | 6.6% | 6.7% |
 Axis Floating Interest Rates Fund | ₹145 Cr | 0.52% | 7.3% | 7.4% | 7.5% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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).
Fund managers
- Karan MundhraMr. 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.
- Shantanu GodambeMr. Godambehas done B.Com, MS (Finance) and CFAPrior to joining DSP Mutual Fund, he has worked with Yes Bank, Prebon Yamane and ICAP India Private Limited
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.88% absolute | ₹60,000 | ₹61,728 | 2.88% | |
| 1 year4.54% annualised | ₹1,20,000 | ₹1,22,992 | 2.49% | |
| 3 years7.29% annualised | ₹3,60,000 | ₹4,03,481 | 12.08% | |
| 5 years6.29% annualised | ₹6,00,000 | ₹7,06,610 | 17.77% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.