Various DSP Blackrock mutual fund names have been changed. Not just that, many mutual funds are also being recategorized and merged, after a recent circular by Securities and Exchange Board of India.

The new rule states that every mutual fund company can only have one mutual fund offering under each category.

DSP Blackrock Mutual Fund Name Renaming and Re-Categorization

Few DSP Blackrock Mutual Fund names are changing, few are being merged, and few funds are being recategorized.

 Old Name   New Name   Old- Category New- Category
DSP BlackRock 75/25 FundDSP BlackRock Regular Savings FundDebt-MIP
DSP BlackRock Arbitrage FundDSP BlackRock Arbitrage FundHybrid-Arbitrage
DSP BlackRock Balanced FundDSP BlackRock Equity & Bond FundBalanced-Balanced
DSP BlackRock Balanced FundDSP BlackRock Equity & Bond FundHybrid-Balanced
DSP BlackRock Banking & PSU Debt FundDSP BlackRock Banking & PSU Debt FundDebt-Short Term
Debt-Banking & PSU
DSP BlackRock Bond FundDSP BlackRock Bond FundDebt-Income
Debt-Medium Duration
DSP BlackRock Constant Maturity 10Y G-Sec FundDSP BlackRock 10Y G-Sec FundGilt-Long Term
Debt-Gilt 10 Year
DSP BlackRock Credit Risk FundDSP BlackRock Credit Risk FundDebt-Credit Opportunities
Debt-Credit Risk
DSP BlackRock Equal Nifty 50 FundDSP BlackRock Equal Nifty 50 FundEquity-IndexEquity-Index
DSP BlackRock Equity Savings FundDSP BlackRock Equity Savings FundHybrid-Debt Oriented
Hybrid-Equity Savings
DSP BlackRock Focus FundDSP BlackRock Focus FundEquity-Large Cap
DSP BlackRock Government Securities FundDSP BlackRock Government Securities FundDebt-GiltDebt-Gilt
DSP BlackRock India Tiger FundDSP BlackRock India Tiger FundEquity-Sector
DSP BlackRock Mid Cap FundDSP BlackRock Mid Cap FundEquity-Mid Cap
Equity-Mid Cap
DSP BlackRock Money Manager FundDSP BlackRock Money Manager FundDebt-Ultra Short Term
Debt-Ultra Short Duration
DSP BlackRock Opportunities FundDSP BlackRock Equity Opportunities FundEquity-Diversified
Equity-Large & Mid Cap
DSP BlackRock Short Term FundDSP BlackRock Short Term FundDebt-Short Term
Debt-Short Duration
DSP BlackRock Treasury Bill FundDSP BlackRock Savings FundGilt-Short Term
Gilt-Money Market
DSP BlackRock Treasury Bill FundDSP BlackRock Savings FundDebt-Short Term
Gilt-Money Market
DSP BlackRock Ultra Short Term FundDSP BlackRock Low Duration FundDebt-Ultra Short Term
Debt-Low Duration
DSP BlackRock World Gold FundDSP BlackRock World Gold FundGold-Fund of Funds
Others-FoF Overseas

DSP Blackrock Mutual Funds That Did Not Change

 Old Name New Name Old- Category New- Category
DSP BlackRock Liquidity FundDSP BlackRock Liquidity FundDebt-LiquidDebt-Liquid
DSP BlackRock Natural Resources & New Energy FundDSP BlackRock Natural Resources & New Energy FundEquity-Sector
DSP BlackRock Small Cap FundDSP BlackRock Small Cap FundEquity-Small Cap
Equity-Small Cap
DSP BlackRock Strategic Bond FundDSP BlackRock Strategic Bond FundDebt-Dynamic
DSP BlackRock Tax Saver FundDSP BlackRock Tax Saver FundEquity-Tax – ELSSEquity-ELSS
DSP BlackRock FundDSP BlackRock FundEquity-Sector
DSP BlackRock Top 100 Equity FundDSP BlackRock Top 100 Equity FundEquity-Large Cap
Equity-Large Cap

What Should Investors do?

If Mutual Fund Name & Category Has Been Changed

If there is a change in category, an investor might have to change his/her investment strategy in order to keep in sync with the fund’s policies.

These extreme changes are largely in equity mutual funds. Debt fund category names have changed too, but there is not much difference in their investment style.

If an investor is confused, he/she should contact his mutual fund advisor on the concerned issue.

If Mutual Funds Are Being Merged

If mutual funds are being merged, investors should not worry as the Asset Management company will take care of the merger. Since in the mergers, there is no real change in category, so investors need not make any changes to his investment strategy.

If Only the Mutual Fund Name Has Changed

If only the name of the mutual fund scheme has changed, then there is no need to be concerned. Investors can simply continue investing as they already were.

Why are DSP Blackrock Mutual Fund Names and Categories Changing?

There are many mutual funds offered by different Asset Management Companies. Many of these are in effect with duplicates of each other. Further, they also have names that might confuse and intimidate a new investor.

Keeping this in mind, the Securities Exchange Board of India (SEBI) has decided to recategorize mutual fund schemes, in order to make the entire investing process uncomplicated.

Thus, all Asset Management Companies are renaming, recategorizing, and merging mutual funds to comply with this directives by the regulator.

To know about the best mutual fund in every category, see: The 30 Best Mutual Funds to Invest in 2018 – Groww 30.

Happy investing!

Disclaimer: the views expressed here are of the author and do not reflect those of Groww.