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 Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| DSP Natural Resources and New Energy Fund | Equity | High | 18.2% | 5star | ₹405 | |
| DSP Overnight Fund | Debt | Low | 3.5% | 5star | ₹2,217 | |
| DSP Government Securities Fund | Debt | Moderate | 13.7% | 4star | ₹610 | |
| DSP Equity Fund | Equity | Moderately High | 20.9% | 4star | ₹4,613 | |
| DSP Dynamic Asset Allocation Fund | Hybrid | Moderate | 14.6% | 4star | ₹2,251 | |
| DSP Equity & Bond Fund | Hybrid | Moderately High | 18.7% | 4star | ₹6,194 | |
| DSP Tax Saver Fund | Equity | Moderately High | 19.8% | 4star | ₹7,425 | |
| DSP Midcap Fund | Equity | Moderately High | 24.9% | 4star | ₹9,823 | |
| DSP Corporate Bond Fund | Debt | Moderately Low | 9.1% | 4star | ₹1,902 | |
| DSP Nifty Next 50 Index Fund | Equity | Moderately High | 16.3% | 4star | ₹83 | |
| DSP Quant Fund | Equity | High | 26.8% | 4star | ₹571 | |
| DSP Strategic Bond Fund | Debt | Moderate | 13.1% | 3star | ₹1,778 | |
| DSP 10Y G-Sec Fund | Debt | Moderate | 11.7% | 3star | ₹45 | |
| DSP Banking & PSU Debt Fund | Debt | Moderate | 10.4% | 3star | ₹3,666 | |
| DSP Short Term Fund | Debt | Moderate | 9.6% | 3star | ₹3,800 | |
| View All Top Performing DSP Mutual Fund |
Key information
| Mutual fund | DSP Mutual Fund | |||
|---|---|---|---|---|
| Asset management company | DSP Investment Managers Pvt. Ltd. | |||
| Set up | 16 December 1996 | |||
| Incorporated | 13 May 1996 | |||
| Sponsors | DSP HMK Holdings Pvt. Ltd. | DSP Adiko Holdings Pvt. Ltd. | Ms. Aditi Kothari Desai | Ms. Shuchi Kothari |
| Trustee | DSP Trustee Company Pvt. Limited. | |||
| Name of trustees | Mr. Shitin D. Desai (Independent Director) | Mr. T. S. Krishna Murthy (Independent Director) | Mr. S.S.N. Moorthy (Independent Director) | Ms. Pravin Tripathi (Independent Director) |
| President | Mr. Kalpen Parekh | |||
| COO | Mr. Ramamoorthy Rajagopal | |||
| Compliance Officer | Mr. 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 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 1.85% annual returns in the last three years. In the previous year, it delivered 18.18% 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 |
|---|---|
| AUM | ₹405Cr |
| 1Y Returns | 18.2% |
DSP Overnight Fund Direct Growth
Fund Performance: This fund has consistently performed above the benchmark in Overnight segment. In the previous year, it delivered 3.47% 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 |
|---|---|
| AUM | ₹2,217Cr |
| 1Y Returns | 3.5% |
DSP Government Securities Direct Plan Growth
Fund Performance: This fund has consistently performed above the benchmark in Gilt segment. It has given a commendable 11.64% annual returns in the last three years. In the previous year, it delivered 13.68% 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 |
|---|---|
| AUM | ₹610Cr |
| 1Y Returns | 13.7% |
DSP Equity Direct Plan Growth
Fund Performance: This fund has consistently performed above the benchmark in Multi Cap segment. It has given a commendable 10.28% annual returns in the last three years. In the previous year, it delivered 20.87% 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 |
|---|---|
| AUM | ₹4,613Cr |
| 1Y Returns | 20.9% |
DSP Dynamic Asset Allocation Fund Direct Growth
Fund Performance: This fund has consistently performed above the benchmark in Dynamic Asset Allocation segment. It has given a commendable 10.19% annual returns in the last three years. In the previous year, it delivered 14.58% 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 |
|---|---|
| AUM | ₹2,251Cr |
| 1Y Returns | 14.6% |
DSP Equity & Bond Direct Growth
Fund Performance: This fund has consistently performed above the benchmark in Aggressive segment. It has given a commendable 9.88% annual returns in the last three years. In the previous year, it delivered 18.67% 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 |
|---|---|
| AUM | ₹6,194Cr |
| 1Y Returns | 18.7% |
DSP Tax Saver Direct Plan Growth
Fund Performance: This fund has consistently performed above the benchmark in ELSS segment. It has given a commendable 9.16% annual returns in the last three years. In the previous year, it delivered 19.77% 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 |
|---|---|
| AUM | ₹7,425Cr |
| 1Y Returns | 19.8% |
DSP Midcap Direct Plan Growth
Fund Performance: This fund has consistently performed above the benchmark in Mid Cap segment. It has given a commendable 8.13% annual returns in the last three years. In the previous year, it delivered 24.88% 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 |
|---|---|
| AUM | ₹9,823Cr |
| 1Y Returns | 24.9% |
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 9.14% 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 |
|---|---|
| AUM | ₹1,902Cr |
| 1Y Returns | 9.1% |
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 16.29% 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 |
|---|---|
| AUM | ₹83Cr |
| 1Y Returns | 16.3% |
DSP Quant Fund Direct Growth
Fund Performance: This fund has consistently performed above the benchmark in Thematic segment. In the previous year, it delivered 26.79% 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 |
|---|---|
| AUM | ₹571Cr |
| 1Y Returns | 26.8% |
DSP Strategic Bond Direct Plan Growth
Fund Performance: This fund has consistently performed above the benchmark in Dynamic segment. It has given a commendable 10.17% annual returns in the last three years. In the previous year, it delivered 13.14% 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 |
|---|---|
| AUM | ₹1,778Cr |
| 1Y Returns | 13.1% |
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 9.64% annual returns in the last three years. In the previous year, it delivered 11.71% 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 |
|---|---|
| AUM | ₹45Cr |
| 1Y Returns | 11.7% |
DSP Banking & PSU Debt Fund Direct Growth
Fund Performance: This fund has consistently performed above the benchmark in Banking & PSU segment. It has given a commendable 9.14% annual returns in the last three years. In the previous year, it delivered 10.42% 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 |
|---|---|
| AUM | ₹3,666Cr |
| 1Y Returns | 10.4% |
DSP Short Term Direct Plan Growth
Fund Performance: This fund has consistently performed above the benchmark in Short Duration segment. It has given a commendable 8.69% annual returns in the last three years. In the previous year, it delivered 9.56% 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 Debt mutual funds in India.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹3,800Cr |
| 1Y Returns | 9.6% |
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