DSP Floating Interest Rates Fund
Other options
The page shows the Growth option. The Regular plan’s other options have their own codes.
| Option | AMFI code | ISIN |
|---|---|---|
| Growth (this page) | 148768 | INF740KA1PS7 |
| IDCW | 148770 | INF740KA1PU3, INF740KA1PT5 |
Floating Interest Rates Fund
DSP Mutual Fund
Open-ended. Launched on 19 Mar 2021.
- NAV
- Data delayed
- AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
- ₹316 cr
- 30 Sep 2026
- SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.
- ₹100
- a month
- BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
- CRISIL Short Duration Debt A-II Index
- as the SID names it
- Riskometer
- Moderate
- read by Felix on 28 Oct 2026
The SID and KIM are the final reference for every fact on this page.
The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.
Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
1 change in the last 12 months: SEBI renamed its category from Floater Fund to Floating Interest Rates Fund, 26 Feb 2026. See what changed
What it is
SEBI’s rule for a Floating Interest Rates Fund: at least 65% in floating-rate instruments, counting fixed-rate ones swapped to a floating rate. Source: SEBI
What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.
Source: the SID’s asset allocation, from fund house disclosures.
Potential risk class (PRC)
PRC Potential risk class: the most interest-rate risk and credit risk a debt scheme may take, on SEBI’s three-by-three grid, as its SID states it.as the SID states it| Interest-rate risk | Credit risk relatively low (A) | Moderate (B) | Relatively high (C) |
|---|---|---|---|
| Relatively low (I) | |||
| Moderate (II) | |||
| Relatively high (III) | B-III |
Riskometer
The risk of the scheme is Moderate
As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, DSP Mutual Fund
- Low
- Low to Moderate
- Moderate
- Moderately High
- High
- Very High
Benchmark: CRISIL Short Duration Debt A-II Index. Its riskometer is published monthly by the fund house: Riskometer disclosures, DSP Mutual Fund
Source: fund houses’ disclosures.
Who runs it
Karan Mundhrasince 1 Aug 2024
Fund manager
Also manages DSP Arbitrage Fund, DSP Financial Services Sectoral Debt Fund, DSP Liquid Fund, DSP Medium Term Fund, DSP Money Market Fund, DSP Overnight Fund, DSP Short Term Fund, DSP Ultra Short Term Fund, DSP Ultra Short to Short Term Fund
Shantanu Godambesince 1 Jun 2023
Fund manager
Also manages DSP 10 year Constant Maturity Gilt Fund, DSP Aggressive Hybrid Fund, DSP Banking and PSU Debt Fund, DSP Conservative Hybrid Fund, DSP Corporate Bond Fund, DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund, DSP Dynamic Asset Allocation Fund, DSP Dynamic Term Fund, DSP Equity Savings Fund, DSP Gilt Fund, DSP Income Plus Arbitrage Omni FoF, DSP Multi Asset Allocation Fund, DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund, DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund, DSP Overnight Fund, DSP Short Term Fund
Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.
Codes and identity
from the SID and AMFI- Fund house
- DSP Mutual Fund
- SEBI category
- Floating Interest Rates Fund
- Plan and option
- Regular plan – Growth
- Structure
- Open-ended
- Launched
- 19 Mar 2021
- AMFI code, Growth
- 148768
- ISIN, Growth
- INF740KA1PS7
- IDCW INF740KA1PU3, INF740KA1PT5
- Registrar
- CAMS
- Fund house website
- dspim.com ↗
ISINs of the IDCW options
DSP Mutual Fund
DSP Mutual Fund runs 64 schemes in their Regular plan: 15 equity, 15 debt, 6 hybrid, 18 index funds and ETFs, 10 other.
22 fund managers, in their current schemes for 2 years 7 months on average.
5 schemes launched in the last 12 months.
- All 64 schemes
- dspim.com
- Registrar: CAMS
Source: fund houses’ disclosures, as of 28 Oct 2026.
Buying and selling
- SIP from
- ₹100, as the KIM states it
- Entry load
- Nil, since 1 Aug 2009
- Stamp duty
- 0.005% of the amount invested, since 1 Jul 2020
- Applicable NAV
- That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
- Redemption money
- Within 3 working days of the redemption request
Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.
The category: Floating Interest Rates Fund
All 12 schemesSchemes 1 to 10 of 12, A to Z; this scheme is marked.Schemes 2 to 6 of 12, A to Z; this scheme is marked.
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Floating Interest Rate Fund | NIFTY Low Duration Debt Index A-I | 12,971 | 1,000 | 2009 |
| Axis Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 149 | 1,000 | 2021 |
| Bandhan Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 224 | 100 | 2021 |
| DSP Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 316 | 100 | 2021 |
| Franklin India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 256 | 500 | 2001 |
| HDFC Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 15,659 | 100 | 2007 |
| ICICI Prudential Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 8,658 | 100 | 2005 |
| Kotak Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 3,240 | 100 | 2019 |
| Nippon India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 7,461 | 100 | 2004 |
| SBI Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 676 | 500 | 2020 |
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Axis Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 149 | 1,000 | 2021 |
| Bandhan Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 224 | 100 | 2021 |
| DSP Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 316 | 100 | 2021 |
| Franklin India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 256 | 500 | 2001 |
| HDFC Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 15,659 | 100 | 2007 |
Show all 12 schemes
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Aditya Birla Sun Life Floating Interest Rate Fund | NIFTY Low Duration Debt Index A-I | 12,971 | 1,000 | 2009 |
| Axis Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 149 | 1,000 | 2021 |
| Bandhan Floating Interest Rates Fund | NIFTY Medium Duration Debt Index A-III | 224 | 100 | 2021 |
| DSP Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 316 | 100 | 2021 |
| Franklin India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 256 | 500 | 2001 |
| HDFC Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 15,659 | 100 | 2007 |
| ICICI Prudential Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 8,658 | 100 | 2005 |
| Kotak Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 3,240 | 100 | 2019 |
| Nippon India Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 7,461 | 100 | 2004 |
| SBI Floating Interest Rates Fund | NIFTY Short Duration Debt Index A-II | 676 | 500 | 2020 |
| Tata Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 114 | 500 | 2021 |
| UTI Floating Interest Rates Fund | CRISIL Short Duration Debt A-II Index | 1,506 | 500 | 2018 |
Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.
What changed
- 26 Feb 2026SEBI renamed its category from Floater Fund to Floating Interest Rates Fund
- 1 Aug 2024Karan Mundhra became a fund manager
- 1 Jun 2023Shantanu Godambe became a fund manager
- 22 Mar 2021Re-opened for everyday purchases
- 19 Mar 2021Launched
- 17 Mar 2021NFO closed
- 4 Mar 2021NFO opened
Source: fund house disclosures and SEBI.
Documents
KIM Key information memorandum: the short summary of the SID that comes with every application form.DSP Mutual Fund publishes the scheme’s documents on its website:
- Scheme information document (SID)
- Key information memorandum (KIM)
- Monthly factsheet
- Monthly portfolio disclosure
Felix links to the fund house’s own copies and never copies them.
Questions about this fund
Who manages it, and since when?
Shantanu Godambe, since 1 Jun 2023 (Fund manager); Karan Mundhra, since 1 Aug 2024 (Fund manager). Source: DSP Mutual Fund’s disclosures.
What is the minimum SIP?
₹100 a month, as of 28 Oct 2026, from the fund house’s documents.
What is its benchmark?
CRISIL Short Duration Debt A-II Index, as the SID names it. Felix shows the benchmark by name only.
When was it launched, and what was it called before?
It was launched on 19 Mar 2021.
How do I invest in it?
Read the SID and KIM on DSP Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.
What does “Regular plan – Growth” mean?
The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.
Where are its documents?
On DSP Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Data on this page
| Block | Source | For |
|---|---|---|
| Assets | Fund houses’ disclosures, at month-end | 30 Sep 2026 |
| Minimums | Fund house documents, as read by Felix | 28 Oct 2026 |
| Riskometer | Fund houses’ disclosures, as read by Felix | 28 Oct 2026 |
| Asset allocation | The SID, from fund house disclosures | 28 Oct 2026 |
| Fund managers | Fund house disclosures | 28 Oct 2026 |
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The SID and KIM are the final reference for every fact on this page.