DSP Floater Fund-Reg(G)
View the direct plan of this scheme
Rs 13.1271 0.0025(0.019 %) NAV as on 09 May 2025
Scheme 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).
Performance (As on 09 May 2025)
1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|---|---|
Scheme | -0.01 % | 3.03 % | 4.76 % | 9.98 % | 8.00 % | N/A | 6.79 % | >
Portfolio
Floating rate debt funds invest in instruments whose rates are tied to market rates and will move based on the underlying rate movement. This automatic adjusting of coupons reduce risks of locking into rates and allow for quicker adjustment to market rates. This works to an advantage during rising rate cycles. Returns from these funds come from interest accrual. Average maturities for these funds can vary, since many funds also go in for derivative instruments but tend to be shorter term in nature.
These funds suit any investor with investment horizons of 1.5 to 3 years and higher.