DSP Mutual Fund

DSP Mutual Fund is one of India's leading AMCs. Since its inception, this fund house has grown by leaps and bounds to become one of the premier Asset Management Companies in India. It offers a vast range of mutual fund schemes across equity, debt, and hybrid categories along with the international fund of funds, exchange-traded funds, and also close-ended funds. The commitment of the fund house is to cater to their clients in every possible way by putting their interests first and to secure their wealth. DSP one of the premier asset management companies in India, with over 20 years of a track record of investment excellence. It focuses to deliver a high performance which has immensely helped the fund house to generate a large number of investor folios.

DSP Group - Key Details

DSP Group is a 152-year old financial company. The firms started stockbroking business back in the 1860s. One of the members of the family that founded this group was behind the foundation of the Bombay Stock Exchange (BSE.)

The group has had associations with Merrill Lynch, an American investing and wealth management wing of the Bank of America, Dresdner Bank, AG, DSP Merrill Lynch Ltd. came to light on 23 December 1975 in Mumbai. DSP Group is currently led by Mr. Hemendra Kothari. He started his career with D.S. Purbhoodas & Co. before establishing DSP Financial Consultants, a financial services provider in 1975. The sponsors of this Fund are DSP ADIKO Holdings Pvt. Ltd and DSP HMK Holdings Pvt. Ltd.

DSP Mutual Fund - Company’s shares and Profit

  • DSP Investment Managers Pvt. Ltd. was founded as a trust under the Indian Trusts Act, 1882. It is registered with SEBI with the registration code MF/036/97/7.
  • 54% of the company’s shares are held by DSP ADIKO Holdings Pvt. Ltd.,34% by DSP HmK Holdings Pvt. Ltd., and the rest 12% by Ms. Aditi Kothari Desai and Ms. Shuchi Kothari in equal proportions.
  • The company’s income stood at Rs. 7,220 million and profit after tax Rs.2,548.78 million as of year ended March 2019.
  • As of 31 March 2020, DSP Mutual Fund has 372 schemes and an AuM of Rs. 80,421 Crore.

Top Performing DSP Mutual Fund

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
DSP Government Securities FundDebtModerate12.5%5star1,244
DSP Natural Resources and New Energy FundEquityHigh5.6%5star309
DSP Midcap FundEquityModerately High15.4%5star7,425
DSP Overnight FundDebtLow4.4%5star2,599
DSP Dynamic Asset Allocation FundOthersModerately High10.7%5star1,418
DSP Corporate Bond FundDebtModerate10.9%4star1,059
DSP Equity FundEquityModerately High8.1%4star3,568
DSP Nifty Next 50 Index FundEquityModerately High5.6%4star63
DSP Equity & Bond FundHybridModerately High8.9%4star5,764
DSP Tax Saver FundEquityModerately High4.8%4star6,083
DSP Quant FundEquityHigh16.9%4star255
DSP Ultra Short FundDebtModerately Low6.7%3star2,756
DSP Nifty 50 Index FundEquityModerately High3.5%3star59
DSP Focus FundEquityModerately High7.1%3star1,771
DSP 10Y G-Sec FundDebtModerate10.2%3star47
View All Top Performing DSP Mutual Fund

Key information

Mutual fundDSP Mutual Fund
Asset management companyDSP Investment Managers Pvt. Ltd.
Set up16 December 1996
Incorporated13 May 1996
SponsorsDSP HMK Holdings Pvt. Ltd.DSP Adiko Holdings Pvt. Ltd.Ms. Aditi Kothari DesaiMs. Shuchi Kothari
TrusteeDSP Trustee Company Pvt. Limited.
Name of trusteesMr. Shitin D. Desai (Independent Director)Mr. T. S. Krishna Murthy (Independent Director)Mr. S.S.N. Moorthy (Independent Director)Ms. Pravin Tripathi (Independent Director)
PresidentMr. Kalpen Parekh
COOMr. Ramamoorthy Rajagopal
Compliance OfficerMr. Pritesh Majmudar

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How can you invest in DSP Mutual Fund?

You can invest in DSP Mutual Fund online by following the few simple steps mentioned below:

Step 1. Log-in to your Groww account or register yourself if don’t have one already.

Step 2. Upload your identity proof documents like (Driving License, Voter ID, PAN, Aadhaar, Passport, or Central or State Government ID card, etc.).

Step 3. Upload your address proof documents (any identity proof documents with your permanent address, etc.).

Step 4. Select the period of investment.

Step 5. Choose your preferred risk - low, mid, or high.

Step 6. Select your preferred DSP Mutual Fund.

Step 7. Click on “Invest One Time” is you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.

The DSP Mutual Fund in India you have purchased will reflect in your Groww account within 3 to 4 working days.

Top Fund Managers

1. Mr. Atul Bhole

Mr. Atul Bhole holds a B.Com degree from the Mulund College of Commerce and an MMS degree in Finance from the Jamnalal Bajaj Institute of Management. He is also a Chartered Accountant.

Mr. Bhole began his career as an Equity Research Analyst in the Treasury Department of State Bank of India. He then became the Equity Research Analyst of Tata Asset Management Ltd. in 2007. In 2011, he was appointed as the Fund Manager of Equities in the same company.

Mr. Bhole Joined DSP Mutual Fund as the Vice President of Investments in 2016. He manages an AuM of Rs. 9,892 Crore in 6 schemes like DSP Equity Direct Plan, DSP Equity & Bond, DSP Dynamic Asset Allocation Fund, etc.

2. Mr. Anil Ghelani

Mr. Ghelani is a Chartered Accountant from the Institute of Chartered Accountants of India (ICAI) and a Chartered Financial Analyst (CFA) from the USA.

Mr. Ghelani is currently the Vice President and Portfolio Manager of DSP Investment Managers Pvt. Ltd.

3. Mr. Aditya Khemka

Mr. Khemka holds a M.Sc. degree in Finance and a PGDM degree from the Management Development Institute. He is also a Certified International Investment Analyst (CIIA) from the UK and a Chartered Financial Analyst (CFA).

He initially began his career as a Manager of Treasury at Glenmark Pharmaceuticals back in 2006. In 2008, he joined Nomura Securities as an Associate Equity Research. He became the Assistant Vice President of Antique Stock Broking Ltd. in 2013. A year later, he moved to Ambit Capital as the Assistant Vice President.

Aditya Khemka is the Assistant Vice President of Equity Investments at DSP Mutual Fund in India. He manages an AuM of Rs. 201 Crore invested in two schemes - DSP Healthcare Fund – Growth and Dividend.

4. Mr. Laukik Bagwe

Mr. Laukik Bagwe holds a B.Com degree and a PGDBA degree in Finance. He has an extensive experience in debt broking.

He joined Birla Sunlife Securities Ltd. as a Manager of SLR and ONSLR Broking in 2000. In 2007, he moved to Derivium Capital & Securities Pvt. Ltd. as the Head of Fixed Income Trading of SLR and ONSLR Broking.

Mr. Bagwe joined DSP Investment Managers Pvt. Ltd. in 2007 as an Assistant Vice President and Fund Manager. He manages an AuM of Rs. 12,389 Crore invested in 11 schemes like DSP US Flexible Equity, DSP Global Allocation Fund, DSP Short Term, DSP Credit Risk, etc.

5. Mr. Jay Kothari

Mr. Kothari is a BMS in Finance and International Finance and an MBA in Finance from the Mumbai University.

He was initially part of the Priority Banking division at Standard Chartered Bank. Mr. Kothari joined DSP Mutual Fund in 2005 as part of the Sales team. In 2011, he became part of the Investment department.

Jay Kothari is currently the Vice President, Product Strategist and Fund Manager at this firm. He manages schemes like DSP World Mining Fund, DSP Equity Opportunities Fund, DSP World Energy Fund, DSP Natural Resources and New Energy Fund, etc.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

DSP Government Securities Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Gilt segment. It has given a commendable 9.8% annual returns in the last three years. In the previous year, it delivered 12.52% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹500
AUM1,244Cr
1Y Returns12.5%

DSP Natural Resources and New Energy Fund Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Sectoral/Thematic segment. It has given a commendable -3.27% annual returns in the last three years. In the previous year, it delivered 5.57% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM309Cr
1Y Returns5.6%

DSP Midcap Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Mid Cap segment. It has given a commendable 3.94% annual returns in the last three years. In the previous year, it delivered 15.45% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM7,425Cr
1Y Returns15.4%

DSP Overnight Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Overnight segment. In the previous year, it delivered 4.37% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹500
AUM2,599Cr
1Y Returns4.4%

DSP Dynamic Asset Allocation Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in FoF Domestic segment. It has given a commendable 6.59% annual returns in the last three years. In the previous year, it delivered 10.66% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Others mutual funds in India.

Min Investment Amt₹500
AUM1,418Cr
1Y Returns10.7%

DSP Corporate Bond Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Short Term segment. In the previous year, it delivered 10.91% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹500
AUM1,059Cr
1Y Returns10.9%

DSP Equity Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Multi Cap segment. It has given a commendable 4.61% annual returns in the last three years. In the previous year, it delivered 8.13% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM3,568Cr
1Y Returns8.1%

DSP Nifty Next 50 Index Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large Cap segment. In the previous year, it delivered 5.56% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM63Cr
1Y Returns5.6%

DSP Equity & Bond Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Aggressive segment. It has given a commendable 5.16% annual returns in the last three years. In the previous year, it delivered 8.92% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹500
AUM5,764Cr
1Y Returns8.9%

DSP Tax Saver Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in ELSS segment. It has given a commendable 2.98% annual returns in the last three years. In the previous year, it delivered 4.8% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM6,083Cr
1Y Returns4.8%

DSP Quant Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Thematic segment. In the previous year, it delivered 16.92% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM255Cr
1Y Returns16.9%

DSP Ultra Short Fund Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Ultra Short Duration segment. It has given a commendable 6.75% annual returns in the last three years. In the previous year, it delivered 6.65% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹500
AUM2,756Cr
1Y Returns6.7%

DSP Nifty 50 Index Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large Cap segment. In the previous year, it delivered 3.51% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM59Cr
1Y Returns3.5%

DSP Focus Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Focused segment. It has given a commendable 1.93% annual returns in the last three years. In the previous year, it delivered 7.08% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹500
AUM1,771Cr
1Y Returns7.1%

DSP 10Y G Sec Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Gilt 10 Year segment. It has given a commendable 8.08% annual returns in the last three years. In the previous year, it delivered 10.15% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹500
AUM47Cr
1Y Returns10.2%

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