DSP Floating Interest Rates Fund
DSP Mutual Fund · Floater · Regular plan, growth option
NAV (₹), 2 Oct 2026
14.0866
1-day change
-0.06%
1Y return
4.9%
3Y CAGR
7.3%
5Y CAGR
6.3%
Max drawdown, 5Y
−0.5%
NAV history month-end NAV, ₹ · 22 Mar 2021 to 1 Oct 2026
Returns vs Floater median (12 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.0% | 0.2% |
| 3 months | 0.4% | 0.7% |
| 6 months | 3.2% | 3.0% |
| Year to date | 3.7% | 4.1% |
| 1 year | 4.9% | 5.7% |
| 3 years (CAGR) | 7.3% | 7.2% |
| 5 years (CAGR) | 6.3% | 6.3% |
| 7 years (CAGR) | n/a | 6.7% |
| 10 years (CAGR) | n/a | 6.9% |
| Since first NAV (CAGR) | 6.3% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.5% | 7.2% |
| 3Y rolling median | 7.6% | 7.4% |
| 3Y rolling worst | 5.5% | 5.1% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 6.4% | 6.5% |
| 5Y rolling worst | 6.1% | 6.1% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.6% | 1.2% |
| Sharpe ratio | 0.48 | 0.49 |
| Sortino ratio | 0.84 | 0.85 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −0.5% | −1.3% |
| Maximum drawdown, last 10Y | n/a | −1.8% |
| Maximum drawdown, last 5Y | −0.5% | −0.6% |
| Current drawdown | −0.3% | −0.1% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Shantanu Godambe | Primary | 1 Jun 2023 |
| Karan Mundhra | Comanage | 1 Aug 2024 |
Objective: 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). However, there is no assurance that the investment objective of the scheme will be achieved.
Stated asset allocation: 1. Floating Rate Debt Securities (including fixed rate Securities* converted to floating rate exposures using swaps/ derivatives): 65% - 100% 2. Debt & Money Market Instruments* and Floating rate debt instruments swapped for Fixed rate returns: 0% - 35% 3. Units issued by INVITs: 0-10% For detailed asset allocation pattern, please refer to the Scheme Information Document
Benchmark (tier 1): CRISIL Short Duration Debt A-II Index
Minimum application: ₹100
Allotment date: 19 Mar 2021
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.57% | 0.64% |
| AUM, whole scheme (₹ crore) | 316 | 1,091 |
| Riskometer | Low to Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 5.2% | 5.2% TRI |
| Return, 3 years (AMFI) | 7.4% | 7.1% TRI |
| Return, 5 years (AMFI) | 6.4% | 6.1% TRI |
| Month-ends above category median (3Y CAGR) | 90% | 49% median |
| Month-ends in category top quartile (3Y) | 61% | 22% median |
Official benchmark: CRISIL Short Duration Debt A-II Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Floater Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.7% | n/a | – |
| 2025 | 7.5% | n/a | – |
| 2024 | 9.0% | n/a | – |
| 2023 | 7.9% | n/a | – |
| 2022 | 3.0% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,183 | 5.0% |
| 3 years | ₹3,60,000 | ₹3,97,328 | 6.5% |
| 5 years | ₹6,00,000 | ₹7,13,949 | 6.9% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: DSP Mutual Fund
Category: Floater
Plan / option: Regular · Growth
AMFI scheme code: 148768
ISIN: INF740KA1PS7
First NAV in MFIC data: 22 Mar 2021
History: 5.5 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Canara Robeco Banking and PSU Debt Fund | Banking & PSU | 0.94 | 6.2% |
| Bajaj Finserv Banking and PSU Debt Fund | Banking & PSU | 0.94 | n/a |
| UTI Short Term Fund | Short Duration | 0.93 | 6.8% |
| HSBC Medium Term Fund | Medium Duration | 0.93 | 6.9% |
| Franklin India Medium to Long Term Fund | Medium to Long Duration | 0.93 | n/a |
Questions about DSP Floating Interest Rates Fund
- What is the latest NAV of DSP Floating Interest Rates Fund?
- The NAV of the Regular plan (growth option) was ₹14.0866 on 2 Oct 2026, as published by AMFI.
- Which category is DSP Floating Interest Rates Fund in?
- It is classified as Floater in AMFI's daily NAV file. MFIC compares it with 12 Floater schemes (Regular plans).
- What returns has DSP Floating Interest Rates Fund delivered?
- Over one year the NAV changed by 4.9%. The 3-year CAGR is 7.3% (category median 7.2%) and the 5-year CAGR is 6.3% (category median 6.3%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.6%, the lowest was 5.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in DSP Floating Interest Rates Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.5%; within the last five years it was 0.5% (category median 0.6%).
- How volatile is DSP Floating Interest Rates Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.6%, which is above the Floater category median of 1.2%.
- What would a monthly SIP in DSP Floating Interest Rates Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,13,949 on 2 Oct 2026, an annualised return (XIRR) of 6.9%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of DSP Floating Interest Rates Fund?
- The total expense ratio of the Regular plan is 0.57% a year, as disclosed to AMFI (median of Floater Regular plans: 0.64%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is DSP Floating Interest Rates Fund?
- Assets under management of the whole scheme were ₹316 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of DSP Floating Interest Rates Fund?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of DSP Floating Interest Rates Fund and how has it compared?
- Its official benchmark is the CRISIL Short Duration Debt A-II Index. Over 3 years AMFI reports a return of 7.4% for this plan against 7.1% for the benchmark total return index; over 5 years 6.4% against 6.1%. Past performance does not indicate future results.
- How often has DSP Floating Interest Rates Fund beaten its category?
- At 90% of the 31 month-ends compared over the last 10 years, its 3-year return was above the median of Floater schemes (Regular plans); it was in the top quarter at 61% of them. A typical scheme would show about 50%.
- Who manages DSP Floating Interest Rates Fund?
- According to its Scheme Summary Document, DSP Floating Interest Rates Fund is managed by Shantanu Godambe (since 1 Jun 2023), Karan Mundhra (since 1 Aug 2024).
- What is the minimum investment in DSP Floating Interest Rates Fund?
- The minimum application amount is ₹100. SIP details: SIP, SWP, STP - Rs. 100/- for all frequencies.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.2% and the Regular plan's by 4.9%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
Follow DSP Floating Interest Rates Fund by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.