Should I invest in DSP BlackRock Floating Rate Fund-Daily Dividend Reinvest?

We don't give personal investment advice. DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.6%. 5-year CAGR: 0.44%.

DSP BlackRock

DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	0.00%	-45.05%	+45.05	5 / 11	Q2
1W	0.00%	-49.53%	+49.52	5 / 10	Q2
2W	0.00%	-49.46%	+49.46	5 / 10	Q2
1M	0.00%	-44.70%	+44.70	6 / 11	Q3
3M	0.00%	-48.86%	+48.86	5 / 10	Q2
6M	+0.45%	-48.11%	+48.56	4 / 10	Q2
YTD	+0.39%	-48.33%	+48.71	4 / 10	Q2
1Y	+0.90%	-42.58%	+43.48	5 / 11	Q2
2Y	+0.63%	-47.44%	+48.07	4 / 10	Q2
3Y	+0.46%	-59.99%	+60.46	3 / 8	Q2
4Y	+0.45%	-64.46%	+64.91	3 / 9	Q2
5Y	+0.44%	-64.92%	+65.36	2 / 6	Q2
7Y	+0.35%	-37.93%	+38.28	2 / 5	Q2
10Y	+0.24%	+3.12%	-2.88	3 / 3	Q4
Inception	+0.21%	-48.10%	+48.31	5 / 12	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2017 YTD	+0.39%	+3.11%	-2.73	2 / 2
2016	+0.87%	+6.06%	-5.19	2 / 2
2015	+0.00%	+5.06%	-5.06	2 / 2
2014	+0.29%	-29.48%	+29.77	2 / 3
2013	+0.41%	-31.11%	+31.53	3 / 6
2012	+0.45%	+5.16%	-4.71	4 / 6
2011	+0.01%	+3.95%	-3.94	6 / 7
2010	+0.00%	-28.18%	+28.18	7 / 10
2009	+0.05%	-6.68%	+6.73	7 / 10
2008	—	—	—	—
2007	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.21%

124 windows

min -0.7% · max 1.5%

67% positive

3-Year rolling

+0.19%

100 windows

min -0.2% · max 0.6%

81% positive

5-Year rolling

+0.18%

77 windows

min -0.1% · max 0.5%

81% positive

7-Year rolling

+0.18%

54 windows

min -0.1% · max 0.3%

96% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.62%

3-year · annualised

Sharpe ratio

-9.73

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.72%

Nov 2016 → Feb 2017

% positive months

41.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
8 Sep 2017	₹1,025.0249
7 Sep 2017	₹1,025.0534
6 Sep 2017	₹1,025.0534
5 Sep 2017	₹1,025.0534
4 Sep 2017	₹1,025.0534
1 Sep 2017	₹1,025.0534
31 Aug 2017	₹1,025.0534
30 Aug 2017	₹1,025.0534
29 Aug 2017	₹1,025.0534
28 Aug 2017	₹1,025.0534

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest is a Floating Rate from DSP BlackRock (Institutional plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest has NAV history starting from 02 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest is managed by DSP BlackRock. It's classified by AMFI under the 'Floating Rate' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest has delivered a absolute return of 0.90% — +43.48 pp ahead of the Floating Rate category average of -42.58%. The fund ranks #5 of 11 in its category — the second (Q2) quartile.

Over the trailing 3-year window, DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest has delivered a CAGR of 0.46% — +60.46 pp ahead of the Floating Rate category average of -59.99%. The fund ranks #3 of 8 in its category — the second (Q2) quartile.

Over the trailing 5-year window, DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest has delivered a CAGR of 0.44% — +65.36 pp ahead of the Floating Rate category average of -64.92%. The fund ranks #2 of 6 in its category — the second (Q2) quartile.

₹1 lakh invested in DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest exactly 10 years ago would be worth approximately ₹102,394 today — a multiplier of 1.02×, based on the 10-year CAGR of 0.24%. The category average over the same window would have grown ₹1 lakh to ₹135,905.

A ₹10,000 monthly SIP in DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest over the last 5 years — total invested ₹600,000 — would be worth ₹607,708 today. That's an XIRR (money-weighted annualised return) of 0.50%.

A ₹10,000 monthly SIP for 10 years in DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest = ₹1,170,000 invested. It would currently be worth ₹1,191,639 (multiplier 1.02×). XIRR: 0.37%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest ranks #2 out of 6 funds in the Floating Rate category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -64.92%; this fund delivered 0.44%.

The worst peak-to-trough decline DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest has experienced over the last 5-year window is 1.63% — its NAV fell from a high on 14 May 2013 to a low on 24 Jul 2013. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest averaged 0.18% (best 0.48%, worst -0.09%). 81% of rolling windows ended positive. The 5-year Sharpe ratio is -8.15 — negative risk-adjusted performance.

In calendar year 2016, DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest returned 0.87% — lagging the Floating Rate category average of 6.06% by 5.19 pp. It ranked #2 of 2 in its category that year.

DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. DSP BlackRock Floating Rate Fund - Institutional Plan-Daily Dividend Reinvest is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.6%. 5-year CAGR: 0.44%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.