DebtFloating Interest Rates FundDirectIDCWModerate

DSP Floating Interest Rates Fund

Q: What is the NAV of DSP Floating Interest Rates Fund?

As of 01 Oct 2026, the NAV of DSP Floating Interest Rates Fund is ₹14.30 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has DSP Floating Interest Rates Fund delivered?

DSP Floating Interest Rates Fund has returned +5.23% over 1 year, +7.63% per year over 3 years, +6.63% per year over 5 years and +6.63% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund charges an expense ratio of 0.28% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund's largest holdings are 6.75% GOI FRB 22092033 (21.7%), REC Limited (8.1%), Mindspace Business Parks REIT (7.8%), 7.43% Maharashtra SDL 03122040 (7.8%) and Export-Import Bank Of India (7.7%). Holdings are disclosed monthly and change over time.

Q: How risky is DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.1% and its worst peak-to-trough fall in our sample was -0.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 1.01 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Floating Interest Rates Fund's 1.01 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund is benchmarked against the CRISIL Short Duration Debt A-II Index. Its alpha and beta on this page are measured against that index.

Q: Who manages DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund is managed by Shantanu Godambe and Karan Mundhra at DSP.

Q: How is DSP Floating Interest Rates Fund taxed?

DSP Floating Interest Rates Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

DSP Mutual Fund

NAV

₹14.30

-0.06% 1D

as of 01 Oct 2026

This is the Direct plan of DSP Floating Interest Rates Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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NAV history

+5.38%CAGR

52-week rangePrev NAV ₹14.31

Latest ₹14.30

Low ₹13.5996th percentile of its 52-week rangeHigh ₹14.34

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Debt funds (same plan and option) to rank against yet.

Performance—

Not enough Floating Interest Rates Fund peers to rank yet

Risk—

Volatility 1.1% (no category average yet)

Cost—

0.3% expense (no category average yet)

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.28%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

1.01

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

CRISIL Short Duration Debt A-II Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

22 Mar 2021

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.02%

Absolute return over the last 3 months (not annualized)

+0.42%

Absolute return over the last 6 months (not annualized)

+3.34%

Absolute return since 1 Jan of this year (not annualized)

+3.89%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+5.23%

3-year annualized return (CAGR)

+7.63%

5-year annualized return (CAGR)

+6.63%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+6.63%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

1.12%

Excess return per unit of total volatility (rf = 6.5%)

1.01

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

1.50

Largest peak-to-trough decline over full history

-0.50%

Benchmark ratios

Not shown for Floating Interest Rates Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Floating Interest Rates Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.02%	—	—
3M abs	+0.42%	—	—
6M abs	+3.34%	—	—
1Y CAGR	+5.23%	—	—
3Y CAGR	+7.63%	—	—
5Y CAGR	+6.63%	—	—

Category average across peers in Floating Interest Rates Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.16L

Absolute

+19.28%

XIRR

+7.21%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into DSP Floating Interest Rates Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+3.89%
2025	+7.81%
2024	+9.37%
2023	+8.17%
2022	+3.32%
2021part	+4.13%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

1,342

Expense ratio

0.28%

YTM

6.58%

Modified duration

1.45 years

Macaulay duration

1.54 years

Average maturity

4.17 years

Exit load

Nil

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Floating Interest Rates Fund

Compare all


DSP Floating Interest Rates FundThis fund DSP · Direct · IDCW	—	+5.23%	+7.63%	+6.63%	—	0.28%	—
ICICI Prudential Floating Interest Rates Fund ICICI Prudential · Direct · Others · IDCW	—	+6.44%	+7.69%	+6.15%	—	—	—
Axis Floating Interest Rates Fund Axis · Direct · Annual IDCW	—	+6.08%	+7.68%	+6.56%	—	0.22%	—
Kotak Floating Interest Rates Fund Kotak Mahindra · Direct · Standard · IDCW	—	+5.69%	+7.66%	+6.69%	—	—	—
SBI Floating Interest Rates Fund SBI · Direct · IDCW	—	+6.05%	+7.40%	+6.68%	—	0.28%	—
SBI Floating Interest Rates Fund SBI · Direct · IDCW	—	+6.05%	+7.40%	+6.68%	—	0.28%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt95.40%
Cash & Equivalents4.60%

AMC Profile

DSP Mutual Fund is run by DSP Asset Managers, part of the DSP Group, a Mumbai financial firm whose broking lineage runs back to 1860. The house operated as a joint venture with BlackRock — and Merrill Lynch before it — until the DSP family bought out the foreign stake in 2018.

Launched

15 Dec 1996

Total AUM

₹2,29,802Cr+2.0% QoQ

Avg AUM · April - June 2026

Website

dspim.com

Fund Managers

SGShantanu GodambeStart date not disclosed

Education

CFA, MS(Finance), B.Com

Experience

Over 17 years of experience From March 2023 Onwards: Vice President (Investments - Fixed Income) - DSP Asset Managers Private Limited From January 2016-February 2023: Group Executive Vice President – Financial Markets - Plus SDL – April 2033 Index Yes Bank Ltd From November 2008-January 2016: Head – SLR Desk - Prebon Yamane India Ltd

Funds managed (14)

All schemes Shantanu Godambe runs →

KMKaran MundhraStart date not disclosed

Education

BCOM. Charted Accountant (CA)

Experience

Over 16 years of experience as under: From April 01, 2023 onwards- Fund manager- DSPAM From May 1, 2021 to March 31, 2023- Fund manager- DSPIM From July 2016 to April 30, 2021- Dealer, Fixed Income – DSPIM. From February 2016 to July 2016 – Manager – Fixed Income - DSPIM From April 2012 to January 2016 – Manager - Fund Accounting – DSPIM

Funds managed (5)

All schemes Karan Mundhra runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Shantanu Godambe Karan Mundhra

DSP in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of DSP Floating Interest Rates Fund?

As of 01 Oct 2026, the NAV of DSP Floating Interest Rates Fund is ₹14.30 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has DSP Floating Interest Rates Fund delivered?

DSP Floating Interest Rates Fund has returned +5.23% over 1 year, +7.63% per year over 3 years, +6.63% per year over 5 years and +6.63% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund charges an expense ratio of 0.28% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund's largest holdings are 6.75% GOI FRB 22092033 (21.7%), REC Limited (8.1%), Mindspace Business Parks REIT (7.8%), 7.43% Maharashtra SDL 03122040 (7.8%) and Export-Import Bank Of India (7.7%). Holdings are disclosed monthly and change over time.

How risky is DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.1% and its worst peak-to-trough fall in our sample was -0.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 1.01 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Floating Interest Rates Fund's 1.01 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund is benchmarked against the CRISIL Short Duration Debt A-II Index. Its alpha and beta on this page are measured against that index.

Who manages DSP Floating Interest Rates Fund?

DSP Floating Interest Rates Fund is managed by Shantanu Godambe and Karan Mundhra at DSP.

How is DSP Floating Interest Rates Fund taxed?

DSP Floating Interest Rates Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.