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.

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Also Read: SBI Mutual Fund Rename and Re-Categorization- The Fully Updated List.

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 Fund DSP BlackRock Regular Savings Fund Debt-MIP
Hybrid-Conservative
DSP BlackRock Arbitrage Fund DSP BlackRock Arbitrage Fund Hybrid-Arbitrage
Equity-Arbitrage
DSP BlackRock Balanced Fund DSP BlackRock Equity & Bond Fund Balanced-Balanced
Hybrid-Aggressive
DSP BlackRock Balanced Fund DSP BlackRock Equity & Bond Fund Hybrid-Balanced
Hybrid-Aggressive
DSP BlackRock Banking & PSU Debt Fund DSP BlackRock Banking & PSU Debt Fund Debt-Short Term
Debt-Banking & PSU
DSP BlackRock Bond Fund DSP BlackRock Bond Fund Debt-Income
Debt-Medium Duration
DSP BlackRock Constant Maturity 10Y G-Sec Fund DSP BlackRock 10Y G-Sec Fund Gilt-Long Term
Debt-Gilt 10 Year
DSP BlackRock Credit Risk Fund DSP BlackRock Credit Risk Fund Debt-Credit Opportunities
Debt-Credit Risk
DSP BlackRock Equal Nifty 50 Fund DSP BlackRock Equal Nifty 50 Fund Equity-Index Equity-Index
DSP BlackRock Equity Savings Fund DSP BlackRock Equity Savings Fund Hybrid-Debt Oriented
Hybrid-Equity Savings
DSP BlackRock Focus Fund DSP BlackRock Focus Fund Equity-Large Cap
Equity-Focused
DSP BlackRock Government Securities Fund DSP BlackRock Government Securities Fund Debt-Gilt Debt-Gilt
DSP BlackRock India Tiger Fund DSP BlackRock India Tiger Fund Equity-Sector
Equity-Sectoral/Thematic
DSP BlackRock Mid Cap Fund DSP BlackRock Mid Cap Fund Equity-Mid Cap
Equity-Mid Cap
DSP BlackRock Money Manager Fund DSP BlackRock Money Manager Fund Debt-Ultra Short Term
Debt-Ultra Short Duration
DSP BlackRock Opportunities Fund DSP BlackRock Equity Opportunities Fund Equity-Diversified
Equity-Large & Mid Cap
DSP BlackRock Short Term Fund DSP BlackRock Short Term Fund Debt-Short Term
Debt-Short Duration
DSP BlackRock Treasury Bill Fund DSP BlackRock Savings Fund Gilt-Short Term
Gilt-Money Market
DSP BlackRock Treasury Bill Fund DSP BlackRock Savings Fund Debt-Short Term
Gilt-Money Market
DSP BlackRock Ultra Short Term Fund DSP BlackRock Low Duration Fund Debt-Ultra Short Term
Debt-Low Duration
DSP BlackRock World Gold Fund DSP BlackRock World Gold Fund Gold-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 Fund DSP BlackRock Liquidity Fund Debt-Liquid Debt-Liquid
DSP BlackRock Natural Resources & New Energy Fund DSP BlackRock Natural Resources & New Energy Fund Equity-Sector
Equity-Sectoral/Thematic
DSP BlackRock Small Cap Fund DSP BlackRock Small Cap Fund Equity-Small Cap
Equity-Small Cap
DSP BlackRock Strategic Bond Fund DSP BlackRock Strategic Bond Fund Debt-Dynamic
Debt-Dynamic
DSP BlackRock Tax Saver Fund DSP BlackRock Tax Saver Fund Equity-Tax – ELSS Equity-ELSS
DSP BlackRock Technology.com Fund DSP BlackRock Technology.com Fund Equity-Sector
Equity-Sectoral/Thematic
DSP BlackRock Top 100 Equity Fund DSP BlackRock Top 100 Equity Fund Equity-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.

Know More: New Mutual Fund Rules by SEBI: Categorization and Rationalization Of Mutual Fund Schemes

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.

Read More: Categorization and Rationalization of Mutual Fund Schemes

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.