DSP Mutual Fund launches DSP Floater Fund

NFO period: 04^th March – 17^th March, 2021

Highlights of the NFO:

• Scheme type – An open ended debt scheme predominantly investing in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives)


• Investment objective – The primary objective of the scheme is to generate regular income through investment predominantly in floating rate and fixed rate debt instruments (including money market instruments). However, there is no assurance that the investment objective of the scheme will be realized.


• Product suitability – The product is suitable for investors who are seeking to generate regular Income by investing predominantly in floating rate instruments (including fixed rate instruments converted to floating rate exposures).


• Minimum Application Amount – Rs. 500/– and any amount thereafter


• Plan/ Options available – Regular and Direct Plan having Growth Option and Dividend Option with Dividend Payout and Reinvestment.


• Fund Managers – Mr. Saurabh Bhatia


• Benchmark – CRISIL Short Term Gilt Index