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DSP Mutual Fund: NAV, Performance, Latest MF Schemes

DSP Mutual Fund is one of the largest mutual fund houses operating in India. The fund house was established as a trust as per the rules of the Indian Trust Act, 1882. DSP Asset Management Company (AMC) is registered under the Securities and Exchange Board of India (SEBI) (Mutual Funds) Regulations, 1996. The principal sponsors of this fund are DSP ADIKO Holdings Pvt. Ltd. and DSP HMK Holdings Pvt. Ltd. (formerly DSP BlackRock Investment Managers Pvt. Ltd). DSP ADIKO Holdings Pvt. Ltd. and DSP HMK Holdings Pvt. Ltd. has 54% and 34% holding in the company, respectively. Ms Aditi Kothari Desai and Ms Shuchi Kothari holds 6% shares each.

The DSP Group has been in existence since the 1860s. It started its business with stockbroking. It is currently headed by Mr Hemendra Kothari, a reputed investment banker with a real-time net worth of US$ 1.3 Billion. The founders of the group have been instrumental in professionalising the Indian capital markets and money management businesses. A founding member of the DSP group played a prominent role in setting up the Bombay Stock Exchange (BSE).

DSP mutual fund has forty (40) schemes. Besides 17 equity schemes, 3 hybrid schemes, 14 debt schemes, and 6 international fund of funds, it also offers 4 solutions. Most DSP mutual fund schemes have traditionally given inflation-beating returns in all market conditions.

DSP AMC’s net worth grew to INR 12,258.75 million (31 March 2020) from INR 11,062.92 million in the previous year. The company’s income was INR 4,534.32 in the financial year 2019-20.

Important Information About DSP Mutual Fund

Fund NameDSP Mutual Fund
Setup Date16th December 1996
Date of Incorporation13th May 1996
Name of SponsorsDSP ADIKO Holdings Pvt. Ltd. and DSP HMK Holdings Pvt. Ltd. 
Trustee Company NameDSP Trustee Private Limited
Non-Executive ChairmanMr Hemendra Kothari
Director, Sales and Marketing Ms Aditi Kothari Desai
Independent DirectorsMr Dhananjay Mungale Mr S Ramadorai Mr S.S. Mundra Mr Uday Khanna
PresidentMr Kalpen Parekh
Chief Operating OfficerMr Ramamoorthy Rajagopal
Compliance OfficerMr Pritesh Majmudar
Registered Address of the AMCMafatlal Centre, 10th Floor, Nariman Point, Mumbai – 400 021
Telephone Number+91 (22) 66578000/ 1800-208-4499 / 1800-200-4499 (Toll free) 
FAX Number +91 (22) 66578181
Websitehttps://www.dspim.com/
Emailservice@dspblackrock.com
AuditorM/s. Deloitte Haskins & Sells LLP, Mumbai
(Firm Registration No. 117366W/W-100018)
Registrar and Transfer Agent Computer Age Management Services Ltd. Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002 Phone: 1800-3010-6767 / 1800-419-7676 Fax: 044-30407101 Email: enq_h@camsonline.com Website: www.camsonline.com

Ten Top-Performing DSP Mutual Fund Schemes 

DSP mutual fund’s portfolio comprises high-quality stocks and debt instruments that promise to deliver inflation-beating returns to its investors. The following are the top-10 DSP mutual fund schemes that have delivered strong returns and are the ones with the most AuM (Asset Under Management).

1. DSP World Mining Fund (Category – Equity: International)

The DSP World Mining Fund invests in foreign companies’ shares. This open-ended fund has a NAV of 15.0711 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the ‘Equity: International’ category. The fund was launched on 29th December 2009 and has given trailing returns of 86.29% in one year (as on 16th April, 2021). The fund considers the Euromoney Global Mining Constrained Weights Net Total Return Index as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit LoadNil
Return Since Inception (29th December 2009):3.50% (as on 19th April, 2021)
AssetsINR 113 Crore (as on 31st March, 2021)
Expense Ratio2.18% (as on 28th February, 2021)

2. DSP Natural Resources and New Energy Fund (Category – Equity: Thematic -Energy)

The DSP Natural Resources and New Energy Fund invests in prominent energy and natural resources companies. This open-ended fund has a NAV of 44.7100 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the ‘Equity: Thematic – Energy’ category. The fund was launched on 25th April 2008 and has given trailing returns of 93.54% in one year (as on 16th April, 2021). The fund considers the MSCI World Energy 10/40 Net TRI, S&P BSE Oil & Gas TRI, S&P BSE Metal TRI as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit LoadNil
Return Since Inception (25th April 2008):12.32% (as on 19th April, 2021)
AssetsINR 514 Crore (as on 31st March, 2021)
Expense Ratio2.51% (as on 28th February, 2021)

3. DSP Healthcare Fund (Category – Equity: Sectoral-Pharma)

The DSP Healthcare Fund invests in prominent healthcare and pharmaceutical companies. This open-ended fund has a NAV of 20.4680 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the ‘Equity: Sectoral – Pharma’ category. The fund was launched on 30th November 2018 and has given trailing returns of 66.19% in one year (as on 19th April, 2021). The fund considers the S&P BSE Healthcare TRI as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit Load1% for withdrawals before 364 days
Return Since Inception (30th November 2018):35.01% (as on 19th April, 2021)
AssetsINR 1,110 Crore (as on 31st March, 2021)
Expense Ratio2.25% (as on 28th February, 2021)

4. DSP Small Cap Fund (Category – Equity: Small Cap)

The DSP Small Cap Fund invests in the shares of companies that have tremendous growth potential. This open-ended fund has a NAV of 78.9260 (Regular Growth) (as on 19th April, 2021), and is one of the best-performing funds in the ‘Equity: Small Cap’ category. The fund was launched on 14th June 2007 and has given trailing returns of 83.40% in one year (as on 19th April, 2021). The fund considers the S&P BSE Small Cap TRI as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum Withdrawal
Exit LoadNil
Return Since Inception (14th June 2007):16.08% (as on 19th April, 2021)
AssetsINR 6,455 Crore (as on 31st March, 2021)
Expense Ratio1.92% (as on 31st March, 2021)

5. DSP Equal Nifty 50 Fund (Category – Equity: Large Cap)

The DSP Equal Nifty 50 Fund invests in high-quality companies with a large market capitalisation. This open-ended fund has a NAV of 12.5777 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the ‘Equity: Large Cap’ category. The fund was launched on 23rd October 2017 and has given trailing returns of 66.67% in one year (as on 19th April, 2021). The fund considers the NIFTY 50 Equal Weight TRI as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit LoadNil
Return Since Inception (23rd October 2017):6.79% (as on 19th April, 2021)
AssetsINR 145 Crore (as on 31st March, 2021)
Expense Ratio0.79% (as on 28th February, 2021)

6. DSP T.I.G.E.R. Fund (Category – Equity: Sectoral – Infrastructure) 

The DSP T.I.G.E.R. Fund invests in top-class companies that will benefit from India’s infrastructural growth. This open-ended fund has a NAV of 107.3040 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the ‘Equity: Sectoral – Infrastructure’ category. The fund was launched on 11th June 2004 and has given trailing returns of 58.02% in one year (as on 19th April, 2021). The fund considers the S&P BSE 100 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 1,000
Exit Load1% for withdrawals before 364 days
Return Since Inception (11th June 2004):15.11% (as on 19th April, 2021)
AssetsINR 981 Crore (as on 31st March, 2021)
Expense Ratio2.38% (as on 28th February, 2021)

7. DSP Equity Opportunities Fund (Category – Equity: Large & Mid Cap)

The DSP Equity Opportunities Fund invests in top-class large and mid-sized companies that have a consistent track record of profit-making. This open-ended fund has a NAV of 288.9890 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the ‘Equity: Large & Mid Cap’ category. The fund was launched on 16th May 2000 and has given trailing returns of 55.78% in one year (as on 19th April, 2021). The fund considers the NIFTY Large Midcap 250 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 1,000
Exit Load1% for withdrawals before 364 days
Return Since Inception (16th May 2000):17.43% (as on 19th April, 2021)
AssetsINR 5,747 Crore (as on 31st March, 2021)
Expense Ratio1.91% (as on 28th February, 2021)

8. DSP Flexi Cap Fund (Category – Equity: Flexi Cap)

The open-ended DSP Flexi Cap Fund has a NAV of 47.2660 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the ‘Equity: Flexi Cap’ category. The fund was launched on 29th April 1997 and has given trailing returns of 52.10% in one year (as on 19th April, 2021). The fund considers the NIFTY 500 TRI as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit Load1% for withdrawals before 364 days
Return Since Inception (29th April 1997):19.29% (as on 19th April, 2021)
AssetsINR 4,983 Crore (as on 31st March, 2021)
Expense Ratio1.96% (as on 31st March, 2021)

9. DSP Equity & Bond Fund (Category – Hybrid: Aggressive Hybrid)

The DSP Equity & Bond Fund invests in value-oriented large, mid-sized, and small companies that have a consistent track record of profit-making. This open-ended fund has a NAV of 198.9500 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the ‘Hybrid: Aggressive Hybrid category. The fund was launched on 27th May 1999 and has given trailing returns of 39.91% in one year (as on 19th April, 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive TRI as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit Load1% for withdrawals before 364 days
Return Since Inception (27th May 1999):14.62% (as on 19th April, 2021)
AssetsINR 6,396 Crore (as on 31st March, 2021)
Expense Ratio1.89% (as on 28th February, 2021)

10. DSP Dynamic Asset Allocation Fund (Category – Hybrid: Dynamic Asset Allocation)

The DSP Dynamic Asset Allocation Fund invests in debt instruments, including bonds, non-convertible debentures, debentures, GOI securities, mutual funds, and treasury bills. This open-ended fund has a NAV of 18.3880 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the ‘Hybrid: Dynamic Asset Allocation’ category. The fund was launched on 6th February 2014 and has given trailing returns of 21.44% in one year (as on 19th April, 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive TRI as its benchmark.  

Key Information

Minimum InvestmentINR 500
Minimum Additional InvestmentINR 500
Minimum SIP InvestmentINR 500
Minimum WithdrawalINR 500
Exit Load1% for withdrawals before 364 days
Return Since Inception (6th February 2014):38.82% (as on 19th April, 2021)
AssetsINR 3,205 Crore (as on 31st March, 2021)
Expense Ratio1.99% (as on 28th February, 2021)

How Can You Invest in DSP Mutual Fund Via EduFund?

EduFund simplifies the process of investing in DSP Mutual Fund. You need to follow six steps to invest in DSP mutual fund. 

Step 1 – Download the App and Create an Account: Open Google Play Store or Apple App Store. Create an account by entering your name, address, mobile number, email address, and other details.

Step 2 –  Choose the Scheme: Browse the list of DSP mutual fund schemes and select a scheme. You can invest a lump sum in the growth or dividend option. Alternatively, you can choose a Systematic Investment Plan (SIP) with a minimum amount of INR 500. EduFund’s recommendation engine automatically suggests the right scheme for achieving your financial objectives.

Step 3 – Manage Your Transaction(s): The EduFund app is your all-in-one source for getting all information related to your account. You can invest in new schemes, withdraw your money, download the account statement, switch your investment from one fund to other fund(s), or compare funds.

Step 4 – Discuss With a Counsellor: Sometimes, it may become difficult to align your financial investments with life goals. EduFund’s expert counsellors can help you find the most suitable fund for your needs.

EduFund secures all transactions with top-class authentication and encryption features to make sure your financial transactions are as safe as banks.

Seven Best Performing Fund Managers at DSP Mutual Fund

The fund manager plays a crucial role in determining the growth of your capital. Their knowledge about the market and the timing of entry and exit from a financial instrument affect the returns. The following are the seven best fund managers at DSP AMC.

1. Aayush Ganeriwala

Aayush Ganeriwala is an experienced and qualified fund manager at DSP AMC. He joined DSP Investment Managers in June 2019. He has many qualifications, which include B.Com (H) from St. Xavier’s College, Kolkata, CS (ICSI), CA (ICAI), CFA (USA), PGDM (IIM-L), and FRM (GARP). Mr Ganeriwala primary area of interest in Oil, Gas, and Metals. The mutual fund schemes managed by him include DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 2, DSP Arbitrage Fund, and DSP Natural Resources and New Energy Fund.

2. Abhishek Ghosh

Mr Abhishek Ghosh is an experienced fund manager. He joined DSP Investment Managers as Assistant Vice President (Equities) in September 2018. His educational qualifications include an MBA (Finance) and BE (Electronics). His fourteen years’ work experience took him through renowned financial institutions like IDFC Securities, Motilal Oswal, BNP Paribas, B&K Securities,  and Edelweiss Financial Services. Mr Ghosh manages funds like DSP Dynamic Asset Allocation Fund, DSP Equity & Bond Fund, and DSP Equity Fund.

3. Anil Ghelani

Mr Anil Ghelani, CFA Charter Holder, CA (ICAI), and B.Com (University of Mumbai) is the Head of Passive Investments & Products at DSP Investment Managers. He joined the company in 2003. Since May 2019, he has also been working as a fund manager. He has extensive experience in managing a portfolio. In his capacity as the Business Head & Chief Investment Officer at DSP Pension Fund Managers, he introduced several innovative techniques to maximise the company’s profits. Before joining DSP AMC, he worked at IL&FS Asset Management Company and S.R. Batliboi. Besides DSP, Mr Ghelani also serves the CFA Society India as the Director and Vice-Chairman. He manages various DSP mutual fund schemes like DSP Quant Fund, DSP Equal Nifty 50 Fund, DSP Nifty 50 Index Fund, DSP Nifty Next 50 Index Fund, and DSP Liquid ETF.

4. Atul Bhole

Mr Atul Bhole has been associated with DSP Mutual Fund since May 2016. He joined as the Vice President (Investments). He has worked with various reputed financial organisations like Tata Asset Management Ltd., JP Morgan Services (India) Pvt. Ltd., and State Bank of India. During his stint with Tata Asset Management Ltd., he managed several funds like Tata Midcap Growth Fund, Tata Balanced Fund, and Tata Equity P/E Fund. Mr Bhole did his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies. He has also successfully cleared the Chartered Accountancy examination. The funds managed by Mr Atul Bhole includes DSP Dynamic Asset Allocation Fund, DSP Equity Fund, and DSP Equity & Bond Fund.

5. Charanjit Singh

Mr Charanjit Singh has an MBA in Finance and B.Tech in Electronics and Communication Engineering. He joined DSP as the Asst. Vice President(Equity) in September 2018. Before joining DSP AMC, he worked with renowned financial institutions like Axis Capital, B&K Securities, BNP Paribas Securities, IDC Corp, Thomas Weisel Partners, HSBC, and Frost & Sullivan.  Mr Singh manages funds like DSP Equity Opportunities Fund, DSP Tax Saver Fund, and DSP India T.I.G.E.R. Fund (The Infrastructure Growth and Economic Reforms Fund).

6. Diipesh Shah

Mr Diipesh Shah joined DSP Investment Managers as Vice President (ETF & Passive Investments). He manages the portfolio for equity and fixed income ETFs. He also manages Index funds. Mr Shah works actively towards increasing DSP mutual fund’s clout in the passive investments space. He has worked in this sector for over 19 years and has experience in Cash & Derivatives Sales Trading, Equity Research, Buy-Side Trading, and Fixed Income risk management.  Before joining DSP mutual fund, he worked with Centrum Broking, JM Financial, ICICI Securities, IIFL Capital Pte Ltd Singapore, and IDFC Securities. Mr Shah manages funds like DSP Quant Fund, DSP Equal Nifty 50 Fund, DSP Nifty 50 Index Fund, and DSP Liquid ETF.

7. Jay Kothari

Mr Jay Kothari joined DSP Investment Managers in May 2005. He is currently engaged as the Senior Vice President & Product Strategist. Before joining DSP AMC, he worked with Standard Chartered Bank. He has completed BMS in Finance and International Finance from and MBA (Finance) from the University of Mumbai. Mr Kothari looks after the overseas investments division of DSP AMC. He actively manages funds like DSP Small Cap Fund, DSP Focus Fund, DSP Natural Resources and New Energy Fund, DSP World Gold Fund, and DSP World Energy Fund. 

Why Should You Invest in DSP Mutual Fund?

DSP mutual fund is one of the fastest-growing mutual fund houses in India. The fund house has funds across various sectors. DSP mutual fund’s managers have significant experience in portfolio management and income-generation. DSP Investment Managers has branches all over India. Alternatively, you can download the EduFund app and invest directly.

Select EduFund For Investing in DSP Mutual Fund

EduFund simplifies investing in DSP Mutual Fund. EduFund’s top-class fund tracker picks out the best funds suiting your requirements. In case you need more help, EduFund’s experienced counsellors are there to discover your needs and find the best funds. You can start a SIP with a lowly INR 500 or invest a minimum lump sum amount of INR 5,000. 

EduFund’s scientific fund’s tracker scans more the one lakh data points and over 400 financial scenarios to pick out the best DSP mutual fund schemes for you. You can use several free tools, such as College Savings Calculator or SIP calculator, to figure your needs. Moreover, you can select the best funds without requiring any technical knowledge of the capital market. 

EduFund uses top-class security parameters, such as 128-SSL, to safeguard your transaction and investments. Download the EduFund app and start saving for your child’s higher education.

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