DSP Mutual Fund

NAV Date 16-10-2019
Fund Name Category NAV NAV Change 1 year %
DSP Equity & Bond Fund-Reg(G) Hybrid - Equity Oriented 157.63 0.6440 13.93
DSP Equity Opportunities Fund-Reg(G) Equity - Multi Cap 222.21 1.1110 10.02
DSP Focus Fund-Reg(G) Equity - Large Cap 23.78 0.1370 12.95
DSP Tax Saver Fund-Reg(D) Equity - Tax Saving 14.72 0.0740 12.51
DSP Tax Saver Fund-Reg(G) Equity - Tax Saving 49.2 0.2480 14.22
DSP Bond Fund(G)-Direct Plan Debt - Income 59.38 0.0301 03.41
DSP Bond Fund-Reg(G) Debt - Income 57.09 0.0282 02.93
DSP Equity & Bond Fund(G)-Direct Plan Hybrid - Equity Oriented 167.11 0.6870 15.10
DSP Equity Fund(D)-Direct Plan Equity - Multi Cap 62.33 0.3360 16.43
DSP Equity Fund(DR)-Direct Plan Equity - Multi Cap 62.33 0.3360 16.43
DSP Equity Opportunities Fund(D)-Direct Plan Equity - Multi Cap 56.13 0.2820 11.11
DSP Equity Opportunities Fund(DR)-Direct Plan Equity - Multi Cap 56.13 0.2820 11.11
DSP Equity Opportunities Fund(G)-Direct Plan Equity - Multi Cap 234.81 1.1810 11.11
DSP G-Sec Fund(G)-Direct Plan Debt - Gilt Medium and Long Term 66.86 0.0794 17.00
DSP G-Sec Fund-Reg(G) Debt - Gilt Medium and Long Term 64.79 0.0760 16.24
DSP India T.I.G.E.R Fund(G)-Direct Plan Equity - Infrastructure 92.93 0.3520 09.83
DSP India T.I.G.E.R Fund-Reg(G) Equity - Infrastructure 89.59 0.3370 09.22
DSP Liquidity Fund(DD)-Direct Plan Debt - Liquid 1000.93 0.0000 05.09
DSP Liquidity Fund(G)-Direct Plan Debt - Liquid 2769.6 0.3997 07.14
DSP Liquidity Fund(WD)-Direct Plan Debt - Liquid 1001.91 0.1446 05.10
DSP Liquidity Fund-Reg(DD) Debt - Liquid 1000.93 0.0000 05.10
DSP Liquidity Fund-Reg(G) Debt - Liquid 2752.76 0.3897 07.04
DSP Liquidity Fund-Reg(WD) Debt - Liquid 1001.89 0.1418 05.02
DSP Midcap Fund(G)-Direct Plan Equity - Mid Cap 56.11 0.0550 08.02
DSP Strategic Bond Fund(D)-Direct Plan Debt - Income 1620.03 0.9121 13.99
DSP Strategic Bond Fund(DD)-Direct Plan Debt - Income 1045.3 0.5889 09.80
DSP Strategic Bond Fund(DR)-Direct Plan Debt - Income 1620.03 0.9121 13.99
DSP Strategic Bond Fund(G)-Direct Plan Debt - Income 2377.78 1.3389 13.99
DSP Strategic Bond Fund(MD)-Direct Plan Debt - Income 1074.71 0.6051 10.40
DSP Strategic Bond Fund(MDR)-Direct Plan Debt - Income 1074.71 0.6051 10.40
DSP Strategic Bond Fund(WD)-Direct Plan Debt - Income 1051.73 0.5922 09.75
DSP Strategic Bond Fund-Reg(D) Debt - Income 1256.46 0.6865 11.24
DSP Strategic Bond Fund-Reg(DD) Debt - Income 1064.74 0.5818 09.32
DSP Strategic Bond Fund-Reg(G) Debt - Income 2315.23 1.2651 13.30
DSP Strategic Bond Fund-Reg(MDR) Debt - Income 1068.26 0.5837 09.91
DSP Strategic Bond Fund-Reg(WD) Debt - Income 1051.5 0.5745 09.32
DSP Top 100 Equity Fund(G)-Direct Plan Equity - Large Cap 220.65 1.2750 12.87
DSP Top 100 Equity Fund-Reg(G) Equity - Large Cap 211.36 1.2190 12.11
DSP Ultra Short Fund(D)-Direct Plan Debt - Ultra Short Term 1086.8 0.3543 05.63
DSP Ultra Short Fund(DD)-Direct Plan Debt - Ultra Short Term 1004.23 0.0000 05.25
DSP Ultra Short Fund(DR)-Direct Plan Debt - Ultra Short Term 1086.8 0.3543 05.63
DSP Ultra Short Fund(G)-Direct Plan Debt - Ultra Short Term 2649.68 0.8642 07.47
DSP Ultra Short Fund(MD)-Direct Plan Debt - Ultra Short Term 1059.92 0.3456 05.60
DSP Ultra Short Fund(MDR)-Direct Plan Debt - Ultra Short Term 1059.92 0.3456 05.60
DSP Ultra Short Fund(WD)-Direct Plan Debt - Ultra Short Term 1005.71 0.3280 05.38
DSP Ultra Short Fund-Reg(D) Debt - Ultra Short Term 1079.89 0.3298 05.02
DSP Ultra Short Fund-Reg(DD) Debt - Ultra Short Term 1004.23 0.0000 04.73
DSP Ultra Short Fund-Reg(MD) Debt - Ultra Short Term 1055.52 0.3224 05.02
DSP Ultra Short Fund-Reg(MDR) Debt - Ultra Short Term 1055.52 0.3224 05.02
DSP Ultra Short Fund-Reg(WD) Debt - Ultra Short Term 1005.58 0.3071 04.83
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DSP Mutual Fund is one of the oldest mutual fund companies in India launched as a joint venture between the DSP Group and DSP. This leading asset management company which started its operation in the 1860s currently has its reach in more than 30 countries with 70 offices spread across the world. While the 150-year old DSP Group holds 60% of its stakes, DSP spanning across 26 countries is a 40% stakeholder. With over 20 years of experience and excellence under its belt, this premium fund house gained the trust of millions of investors from varied sectors across the world.

Types of mutual funds offered by DSP Mutual Fund

The funds offered by DSP Mutual Fund can be divided into 4 broad categories namely Equity schemes, Hybrid schemes, Debt schemes, and International Fund of Funds scheme (FoFs). While the equity category and debt category has 12 types of schemes each, the hybrid category has 3 and the Fund of Funds category has 6 types of schemes.

These wide categories of funds include different types of schemes having their specific investment objectives, capitalisation strategies, and risk-taking capacities. The various kinds of schemes offered by DSP under these broad categories are as follows:

  • Equity/Growth Funds
  • Debt/Income Funds
  • Liquid Funds
  • Liquid ETF
  • Asset Allocation Funds
  • Index Linked Equity Scheme
  • Equity Linked Saving Scheme
  • Income Scheme
  • Income (Debt) Scheme
  • Income (Liquid) Scheme
  • Aggressive Hybrid Scheme
  • Fund of Funds Scheme

List of mutual fund schemes offered by DSP Mutual Fund

DSP Mutual Fund has 33 different types of schemes to cater to the varied investment goals, requirements, and risk-taking ability of the investors. The following are the different kinds of mutual fund schemes offered by DSP Asset Management Company:

  • DSP Equity Fund
  • DSP Equity Opportunities Fund
  • DSP Top 100 Equity Fund
  • DSP India T.I.G.E.R. Fund
  • DSP Mid Cap Fund
  • DSP Small Cap Fund
  • DSP Focus Fund
  • DSP Natural Resources and New Energy Fund
  • DSP Liquid ETF
  • DSP Equity Savings Fund
  • DSP Equal Nifty 50 Fund
  • DSP Arbitrage Fund
  • DSP Dynamic Asset Allocation Fund
  • DSP Tax Saver Fund
  • DSP Bond Fund
  • DSP 10Y G-Sec Fund
  • DSP Short Term Fund
  • DSP Credit Risk Fund
  • DSP Strategic Bond Fund
  • DSP Money Manager Fund
  • DSP Government Securities Fund
  • DSP Low Duration Fund
  • DSP Banking and PSU Debt Fund
  • DSP Regular Savings Fund
  • DSP Liquidity Fund
  • DSP Savings Fund
  • DSP Equity & Bond Fund
  • DSP World Gold Fund
  • DSP World Energy Fund
  • DSP World Mining Fund
  • DSP World Agriculture Fund
  • DSP US Flexible Equity Fund
  • DSP Global Allocation Fund

Equity Funds offered by DSP Asset Management Company

Equity funds predominantly focuses on stocks and this is why they are known as stock funds as well. DSP Mutual Fund offers 12 different kinds of equity funds with varied investment goals and risk-taking capacities. Following are the equity/growth funds offered by DSP Asset Management Company:

  1. DSP Equity Fund
  2. Type of Fund - It is an open-ended equity scheme accompanied by high risks targeted towards offering long-term capital growth to the investors by investing in a diversified portfolio.

    Investment Objective - Aims at offering long-term capital appreciation by capitalising in multiple large-cap, mid-cap, and small-cap equity and equity-related stocks and securities.

    Suitable for - This scheme is suitable for investors who want to contribute to a diverse investment portfolio with the purpose of achieving their long-term financial goals.

    Benchmark Index

    NIFTY 500 TRI

    Total Expense Ratio

    1.66% - Direct Plan

    2.38% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil- For a holding period equal to or greater than 12 months

    Risk Factor

    Moderately high

    Fund Manager

    Atul Bhole - Managing since 2016

  3. DSP Equity Opportunities Fund
  4. Type of Fund - It is an open-ended equity scheme that invests minimum 35% of the total assets in large-cap and mid-cap equity and equity related instruments each.

    Investment Objective - Targets to achieve long-term capital growth by substantially investing in large-cap and mid-cap equity and equity-related securities besides occasionally participating in small-cap securities.

    Suitable for - It is ideal for investors seeking long-term capital appreciation via an investment portfolio majorly constituted of mid-cap and large-cap equity and equity-related securities.

    Benchmark Index

    NIFTY 500 TRI

    Total Expense Ratio

    1.27% - Direct Plan

    2.32% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    Moderately high

    Fund Manager

    Rohit Singhania - Managing since June 2015

    Jay Kothari - Managing since March 2018

  5. DSP Top 100 Equity Fund
  6. Type of Fund - This fund is an open-ended equity scheme which chiefly invests in the equity and equity related instruments of top 100 corporates in India by market capitalisation.

    Investment Objective - Targets to generate income and enhance capital by contributing to an investment portfolio that comprises of 100 largest companies listed in India as per market value.

    Suitable for - Investors who want to capitalise in the stocks of the large-cap companies in the country with a target of capital appreciation even at a moderately high risk.

    Benchmark Index

    S&P BSE 100 TRI

    Total Expense Ratio

    1.64% - Direct Plan

    2.36% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    Moderately high

    Fund Manager

    Harrish Zaveri - Managing since July 2015

  7. DSP India T.I.G.E.R. Fund
  8. Type of Fund - This open-ended equity scheme based on the theme of infrastructure development and/or economic reform invests in corporate stocks as well as public and private infrastructure sector.

    Investment Objective - Focuses on deriving profit from corporate equity and equity-related instruments that are likely to be benefitted from infrastructure investments and/or from economic policy liberalisation.

    Suitable for - Individuals seeking profit from an investment portfolio comprising of corporate equity and equity-related securities, debt and money market securities, and units issued by REITs & InvITs.

    Benchmark Index

    S&P BSE 100 TRI

    Total Expense Ratio

    1.91% - Direct Plan

    2.49% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    High

    Fund Manager

    Rohit Singhania - Managing since June 2010

    Jay Kothari - Managing since March 2018

  9. DSP Mid Cap Fund
  10. Type of Fund - This is an open-ended equity scheme which invests 65% of its total portfolio assets in the stocks of mid-cap companies for generating long-term capital growth.

    Investment Objective - To gain long-term capital growth by predominantly investing in the equity and equity related instruments of the mid-cap companies while also contributing to large-cap and small-cap stocks at times.

    Suitable for - It is suitable for investors who desire to receive high returns from the increase in the value of the assets in his/her portfolio over a long term.

    Benchmark Index

    NIFTY FREE FLOAT MIDCAP 100 TRI

    Total Expense Ratio

    1.63% - Direct Plan

    2.38% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    Moderately high

    Fund Manager

    Vinit Sambre - Managing since July 2012

    Resham Jain - Managing since March 2018 as an Equity Co-Fund Manager

    Jay Kothari - Dedicated Fund Manager for foreign investment, managing since March 2013

  11. DSP Small Cap Fund
  12. Type of Fund - This is an open-ended equity scheme which capitalises in a portfolio comprising 65% small-cap company stocks for achieving long-term capital growth.

    Investment Objective - Generating adequate capital growth for the investors at a moderately high risk by contributing to the equity and equity-linked securities of various small-cap companies.

    Suitable for - Investors who wish to make an investment in the stocks of small-cap companies with a desire to receive high returns in the long term.

    Benchmark Index

    S&P BSE Smallcap TRI

    Total Expense Ratio

    2.03% - Direct Plan

    2.38% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    Moderately high

    Fund Manager

    Vinit Sambre - Managing since June 2010 as a Co-Fund Manager

    Resham Jain - Managing since March 2018 as an Equity Co-Fund Manager

    Jay Kothari - Managing since March 2013 as a Co-Fund Manager

  13. DSP Tax Saver Fund
  14. Type of Fund - This open-ended equity linked savings scheme (ELSS) with a statutory 3 years lock-in period enables the investors to get up to Rs.1.5 lakh tax deduction from their total income every fiscal year under Section 80C of the Income Tax Act, 1961.

    Investment Objective - To derive optimal returns from capital growth over a medium to long-term through judicious investment in corporate equity and equity-linked instruments while providing tax deduction benefits to the investors.

    Suitable for - It is apt for investors who want to enjoy tax benefits while also fetching high returns in the long term by investing in the extremely potential equity market.

    Benchmark Index

    NIFTY 500 TRI

    Total Expense Ratio

    1.29% - Direct Plan

    2.15% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.500 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Not Applicable

    Risk Factor

    Moderately high

    Fund Manager

    Rohit Singhania - Managing since July 2015

  15. DSP Focus Fund
  16. Type of Fund - This fund is an open-ended equity scheme which holds the stocks of up to 30 large-cap and mid-cap companies by market capitalisation at a 70%:30% split besides various other debt and money-market securities.

    Investment Objective - It attempts to increase asset value in long-term through equity and equity-related investments including equity derivatives of multi-cap companies while minimally contributing to debt and money market securities for risk and liquidity management.

    Suitable for - Individuals willing to invest in a portfolio containing equity and equity-linked instruments as well as debt and money market securities for long-term capital appreciation at a moderately high risk.

    Benchmark Index

    S&P BSE 200 TRI

    Total Expense Ratio

    1.58% - Direct Plan

    2.36% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    Moderately high

    Fund Manager

    Harrish Zaveri - Managing since December 2014 as Co-Fund Manager

    Jay Kothari - Managing since March 2013 as Co-Fund Manager

  17. DSP Natural Resources and New Energy Fund
  18. Type of Fund - This is an open-ended equity fund scheme which targets to invest in Natural resources and Alternative Energy sector to provide long-term capital growth to the investors

    Investment Objective - The main objective of this fund is to finance in an investment portfolio made up of equity and equity-linked instruments of natural resource companies in energy, mining and alternative energy along with international funds investing in similar international companies.

    Suitable for - It is most apt for investors who want to gain capital growth by investing in a portfolio of funds capitalising in natural resources and alternative energy sector.

    Benchmark Index

    35% S&P BSE Oil & Gas TRI, 35% MSCI World Energy TRI, 30% S&P BSE Metal TRI

    Total Expense Ratio

    2.17% - Direct Plan

    2.82% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    High

    Fund Manager

    Rohit Singhania - Managing since June 2010 as Co-Fund Manager

    Jay Kothari - Managing since March 2013 as Co-Fund Manager

  19. DSP Equity Savings Fund
  20. Type of Fund - An open-ended equity scheme with a focus to invest in equity and equity-linked instruments while also capitalising in debt and money market securities to provide long-term capital growth as well as profound income to the investors.

    Investment Objective - Its primary goal is to contribute in a diversified investment portfolio of equity and equity-linked instruments by employing equity derivative strategies and arbitrage opportunities while creating a balance by investing in debt and money market securities.

    Suitable for - It will work for investors who want long-term capital growth in addition to substantial income.

    Benchmark Index

    30% Nifty 500 TRI + 70% CRISIL Liquid Fund Index

    Total Expense Ratio

    0.66% - Direct Plan

    2.44% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Nil - In case the redeemed/switched-out units are equal to or lesser than 10% of the units bought/switched-in before 12 months from the allotment date.

    Nil - In case the units are redeemed/switched-out on or after 12 months from the allotment date.

    1% - In case the redeemed/switched-out units are more than 10% of the units bought/switched-in before 12 months from the allotment date.

    Risk Factor

    Moderately high

    Fund Manager

    Mayur Patel - Managing since June 2016

    Saurabh Bhatia - Managing since March 2018

    Jay Kothari - Managing since March 2018

  21. DSP Equal Nifty 50 Fund
  22. Type of Fund - It is an open-ended index-linked equity scheme which invests minimum 95% of the total assets in companies constituting the NIFTY 50 Equal Weight Index to generate returns corresponding its performance.

    Investment Objective - The prime objective of this scheme is to track/replicate/match the returns of the NIFTY 50 Equal Weight Index by investing in its constituent companies in the same proportion like the index.

    Suitable for - This scheme is designed for investors seeking to capitalise in a fund that replicates the NIFTY 50 Equal Weight Index for deriving long-term capital appreciation.

    Benchmark Index

    NIFTY 50 Equal Weight TRI

    Total Expense Ratio

    0.40% - Direct Plan

    0.90% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderately high

    Fund Manager

    Ms. Gauri Sekaria - Managing since October 2017

  23. DSP Arbitrage Fund
  24. Type of Fund - This fund is a short-term open-ended equity scheme which follows arbitrage strategy in order to produce income for the investors.

    Investment Objective - It focuses on generating income over a short period by making an investment in arbitrage opportunities between derivative and cash market as well as opportunities within the derivative section, and also by putting money into debt instruments and money market securities.

    Suitable for - Investors who are focussing on short-term income-generation by making an investment in arbitrage opportunities in the derivatives and cash section of the equity market.

    Benchmark Index

    CRISIL Liquid Fund Index

    Total Expense Ratio

    0.28% - Direct Plan

    0.93% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    0.25% - For a holding period equal to or lesser than 30 calendar days

    Nil - For a holding period greater than 30 calendar days

    Risk Factor

    Moderately low

    Fund Manager

    Mayur Patel - Managing since January 2018

    Rahul Vekaria - Managing since January 2018

Debt schemes offered by DSP Asset Management Company

Debt funds capitalise mainly in debt instruments such as government securities, bonds, and other types of instruments. These schemes typically come with a low risk factor and are mostly opted by investors having low risk appetite. DSP Mutual Fund Company provides 12 different types of debt schemes to the investors which are enlisted below:

  1. DSP Money Manager Fund
  2. Type of Fund - This is a super-short open-ended debt scheme contributing to money market and debt instruments in a way that the portfolio's Macaulay duration is within 3 to 6 months.

    Investment Objective - It seeks to gain returns associated with high risk by investing its corpus in money market and/or debt instruments.

    Suitable for - This scheme is designed for investors who want to generate income over a short period of time by investing in debt and money market instruments.

    Benchmark Index

    CRISIL Liquid Fund Index

    Total Expense Ratio

    0.25% - Direct Plan

    1% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderately low

    Fund Manager

    Kedar Karnik - Managing since July 2016

    Rahul Vekaria - Managing since February 2018

  3. DSP Savings Fund
  4. Type of Fund - This mutual fund is a short open-ended debt scheme which capitalises in money market securities to derive income within a short time period.

    Investment Objective - This scheme comes with the goal of providing income to the investors at moderately low risk through an investment portfolio constituted of money market securities having a maturity period of equal to or less than a year.

    Suitable for - Apt for individuals who are seeking good income over a short time period at low risk by making an investment in money market securities with less than or equal to 1 year maturity period.

    Benchmark Index

    CRISIL Liquid Fund Index

    Total Expense Ratio

    0.24% - Direct Plan

    0.49% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderately low

    Fund Manager

    Rahul Vekaria - Managing since February 2018

    Kedar Karnik - Managing since July 2016

  5. DSP Government Securities Fund
  6. Type of Fund - It is an open-ended income scheme accompanied by moderate risk aiming to offer regular income to the investors over long term by investing in government instruments across maturity.

    Investment Objective - This scheme offers income by capitalising in Central government securities with a moderate associated risk factor.

    Suitable for - This scheme is ideal for investors who want to contribute in government securities with the purpose of receiving regular income over a long-term investment horizon.

    Benchmark Index

    I-SEC Li-Bex

    Total Expense Ratio

    0.55% - Direct Plan

    1.41% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderate

    Fund Manager

    Vikram Chopra - Managing since July 2016

    Saurabh Bhatia - Managing since March 2018

  7. DSP Short Term Fund
  8. Type of Fund - This is an open-ended short-term debt scheme targeted to derive returns associated with risk from an investment portfolio of money market instruments and/or debt instruments.

    Investment Objective - This scheme lays its effort on generating returns by making an investment in a portfolio which consists of money market instruments and/or debt instruments holding moderate risk factor.

    Suitable for - It works best for individuals who want to invest in debt instruments coming with moderate risk to generate regular income over a short period of time.

    Benchmark Index

    CRISIL Short Term Bond Fund Index

    Total Expense Ratio

    0.25% - Direct Plan

    0.99% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderate

    Fund Manager

    Laukik Bagwe - Managing since July 2016

    Saurabh Bhatia - Managing since February 2018

  9. DSP Banking & PSU Debt Fund
  10. Type of Fund - This is an open-ended short-term debt fund scheme which concentrates its investments in debt instruments of banks, public financial organisations, public sector undertakings, and Municipal bonds besides several money market securities.

    Investment Objective - To provide high income as well as capital appreciation over a short-term with a moderate risk level via making smart investments in high-quality debt securities and money market instruments put out by banks and public sector entities/undertakings.

    Suitable for - Perfect for investors who are willing to take a moderate risk in order to gain high income along with capital appreciation by investing in debt and money market instruments over a short term.

    Benchmark Index

    CRISIL Short Term Bond Fund Index

    Total Expense Ratio

    0.24% - Direct Plan

    0.49% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderate

    Fund Manager

    Vikram Chopra - Managing since July 2016

    Saurabh Bhatia - Managing since February 2018

  11. DSP Credit Risk Fund
  12. Type of fund - This is an open-ended debt scheme which primarily makes investments in the AA and below-rated securities of corporate bonds for generating income for the investors.

    Investment Objective - To generate high returns over a medium to a long time period with a moderate risk level by making predominant investments in debt instruments and/or money market instruments.

    Suitable for - Perfect for investors who are willing to take a moderate risk in order to receive income in future by making an investment in the top-rated as well as low-rated debt and money market instruments.

    Benchmark Index

    50% of CRISIL Short Term Bond Fund Index + 50% of CRISIL Composite Bond Fund Index

    Total Expense Ratio

    1.20% - Direct Plan

    1.80% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - If the units redeemed/switched out are greater than 10% of the units bought/switched within 12 months from the allotment date

    Nil - For a holding period equal to or greater than 12 months from the allotment date

    Nil - If the units redeemed/switched out are equal to or lesser than 10% of the units bought/switched within 12 months from the allotment date

    Risk Factor

    Moderate

    Fund Manager

    Pankaj Sharma - Managing since July 2016

    Laukik Bagwe - Managing since July 2016

  13. DSP Strategic Bond Fund
  14. Type of Fund - This is an open-ended dynamic debt scheme which mainly invests in a well-balanced portfolio comprising debt instruments and money market securities for generating income in future.

    Investment Objective - Producing optimum returns over a medium investment horizon by capitalising in an investment portfolio made up of debt securities and money market instruments in a way that the Macaulay duration of the portfolio remains within 3 to 4 years.

    Suitable for - Appropriate for investors who want to earn money over a medium time period through investments in money market and debt instruments with moderate associated risk.

    Benchmark Index

    CRISIL Composite Bond Fund Index

    Total Expense Ratio

    0.75% - Direct Plan

    1.10% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderate

    Fund Manager

    Saurabh Bhatia - Managing since July 2016

    Vikram Chopra - Managing since March 2018

  15. DSP Bond Fund
  16. Type of Fund - This is an open-ended medium-term debt scheme which predominantly contributes to money market securities and debt instruments for generating income.

    Investment Objective - Producing optimum returns over a medium investment horizon by capitalising in an investment portfolio made up of debt securities and money market instruments in a way that the Macaulay duration of the portfolio remains within 3 to 4 years.

    Suitable for - Appropriate for investors who want to earn money for a medium time period through investments in money market and debt instruments having a moderate associated risk.

    Benchmark Index

    50% of CRISIL Short Term Bond Fund Index + 50% of CRISIL Composite Bond Fund Index

    Total Expense Ratio

    0.40% - Direct Plan

    0.80% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    0.25% - For a holding period lesser than or equal to 6 months

    Nil - For a holding period greater than 6 months

    Risk Factor

    Moderate

    Fund Manager

    Pankaj Sharma - Managing since July 2016

    Saurabh Bhatia - Managing since February 2018

  17. DSP Low Duration Fund
  18. Type of Fund - This is an open-ended low duration debt scheme which majorly capitalises in money market instruments and debt securities for deriving income over a short duration.

    Investment Objective - Aims at providing income for a short-term by capitalising in money market and debt securities in a way that the Macaulay duration of the portfolio is within 6 to 12 months.

    Suitable for - Investors who want to get income for a short period of time by investing in debt and money market securities having a moderately low risk.

    Benchmark Index

    CRISIL Liquid Fund Index

    Total Expense Ratio

    0.24% - Direct Plan

    0.49% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderately low

    Fund Manager

    Kedar Karnik - Managing since July 2016

    Rahul Vekaria - Managing since March 2018

  19. DSP 10Y G-Sec Fund
  20. Type of Fund - It is an open-ended debt scheme which invests predominantly in a portfolio comprising of Government Securities which have 10 years of constant maturity.

    Investment Objective - To provide returns by making an investment in a portfolio whose major portion is invested in Government Securities in a way that the Macaulay duration of the portfolio is similar to the 10-year benchmark government security.

    Suitable for - Perfect for investors who want to generate income for a long period of time at moderate risk by capitalising in the Government Securities.

    Benchmark Index

    CRISIL 10 Year Gilt

    Total Expense Ratio

    0.22% - Direct Plan

    0.47% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Moderate

    Fund Manager

    Vikram Chopra - Managing since July 2016

    Vivek Ved - Managing since July 2016

  21. DSP Liquidity Fund
  22. Type of Fund - It is an open-ended liquid income scheme which invests in money market instruments and high-quality debt securities having a maturity of less than 91 days.

    Investment Objective - This scheme invests in a portfolio which mainly concentrates on money market securities as well as high-quality debt instruments with a target to generate reasonable returns at a low risk with high degree of liquidity.

    Suitable for - Individuals investing in money market and debt securities with a maturity equal or less than 91 days with an intent to generate income for a long period of time.

    Benchmark Index

    CRISIL Liquid Fund Index

    Total Expense Ratio

    0.11% - Direct Plan

    0.21% - Regular Plan

    Investment Options

    Growth, Weekly Dividend, and Daily Dividend Reinvest

    Minimum Investment

    Rs.1,000 - Lump sum

    Rs.1,000 - Minimum Additional Purchase

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Low

    Fund Manager

    Kedar Karnik - Managing since July 2016

    Rahul Vekaria - Managing since March 2018

  23. DSP Liquid ETF
  24. Type of Fund - This is an open-ended liquid ETF scheme which invests in a diverse portfolio of Repo in Government Securities, Reverse Repo, CBLO, and the same type of other overnight securities.

    Investment Objective - To offer regular income with high degree of liquidity to the investors by contributing to Collateralised Borrowing & Lending Obligation, Repo in Government Securities, Reverse Repo, and other types of similar overnight securities.

    Suitable for - Ideal for people who want to receive current income with high degree of liquidity through their investment at a relatively low risk.

    Benchmark Index

    -

    Total Expense Ratio

    0.55% - Direct Plan

    Investment Options

    Daily Dividend

    Minimum Investment

    Rs.5,000

    Entry Load

    Not Applicable

    Exit Load

    Nil

    Risk Factor

    Low

    Fund Manager

    Gauri Sekaria - Managing since March 2018

Fund of Fund schemes offered by DSP Asset Management Company

Fund of fund schemes are the ones which invest in other mutual funds to generate current income as well as long-term capital growth for the investors. The returns of these type of mutual fund schemes depend on the performance of the target fund. DSP Mutual Fund company offers 6 different types of fund of fund schemes to the investors. Here is the list of the schemes along with all vital details:

  1. DSP World Gold Fund
  2. Type of Fund - It is an open-ended Fund of Funds scheme which contributes the major portion of its corpus to units of international equity and equity-related funds of gold mining companies across the world.

    Investment Objective - Facilitating investors generate income through an investment portfolio which principally invests in DSP Global Funds World Gold Fund (BGF – WGF) units besides other matching international schemes and DSP Mutual Fund money market or liquid securities.

    Suitable for - It is the best fit for investors who want long-term capital growth by investing in overseas equity and equity-linked instruments of gold mining companies.

    Benchmark Index

    FTSE Gold Mine TRI

    Total Expense Ratio

    1.27% - Direct Plan

    1.76% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    High

    Fund Manager

    Jay Kothari - Managing since March 2013

  3. DSP World Mining Fund
  4. Type of Fund - This open-ended Fund of Funds scheme aims to offer long-term capital growth to the investors by investing in international fund units which predominantly contribute to equity stocks of mining companies around the world.

    Investment Objective - Facilitating investors generate income through an investment portfolio which principally invests in DSP Global Funds World Mining Fund (BGF-WMF) units besides other matching international schemes and DSP Mutual Fund money market or liquid securities.

    Suitable for - It is appropriate for investors who want long-term capital growth by investing in overseas equity and equity-linked instruments of global mining companies.

    Benchmark Index

    Euromoney Global Mining Constrained Weights Net-TRI

    Total Expense Ratio

    1.13% - Direct Plan

    1.75% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    High

    Fund Manager

    Jay Kothari - Managing since March 2013

  5. DSP World Energy Fund
  6. Type of Fund - It is an open-ended Fund of Funds scheme which capitalises the major portion of its assets in units of international equity and equity-linked funds of companies in the energy and alternative energy sectors.

    Investment Objective - For offering long-term capital appreciation through predominant investments in DSP Global Funds World Energy Fund (BGF-WEF) and DSP Global Funds New Energy Fund (BGF-NEF) besides making significant contributions in other same types of overseas mutual fund schemes like BGF-WEF and BGF-NEF.

    Suitable for - This mutual fund is suitable for investors who want long-term income along with capital appreciation via capitalising in overseas equity and equity-linked instruments of energy and alternative energy companies.

    Benchmark Index

    70% MSCI World Energy TRI, 30% MSCI World TRI

    Total Expense Ratio

    1.51% - Direct Plan

    1.77% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - Lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    High

    Fund Manager

    Jay Kothari - Managing since March 2013

  7. DSP World Agriculture Fund
  8. Type of Fund - It is an open-ended Fund of Funds scheme which invests the major portion of its portfolio in units of international equity and equity-related funds of companies in the agriculture value chain.

    Investment Objective - To provide long-term capital appreciation through predominant investments in DSP Global Funds World Agriculture Fund (BGF-WAF) alongside significant contributions in other international funds sharing similar investment objectives like BGF-WAF.

    Suitable for - This mutual fund is suitable for investors who want long-term income along with capital appreciation via capitalising in overseas equity and equity-linked funds whilst also fulfilling the liquidity requirement.

    Benchmark Index

    DAX Global Agribusiness Index TRI

    Total Expense Ratio

    1.37% - Direct Plan

    1.75% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - Lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    High

    Fund Manager

    Jay Kothari - Managing since March 2013

  9. DSP US Flexible Equity Fund
  10. Type of Fund - It is an open-ended Funds of Fund scheme seeking to generate long-term capital appreciation by investing minimum 95% of the corpus in the units of US equity funds and remaining assets in schemes with similar goals and strategies like BGF-USFEF.

    Investment Objective - To invest in the DSP Global Funds US Flexible Equity Fund (BGF-USFEF) while contributing to similar international schemes as well as money market instruments and/or money market schemes/liquid schemes of DSP Mutual Fund to manage liquidity.

    Suitable for - Individuals willing to increase the price value of the assets over long-term by primarily investing in the equity and equity-related instruments of overseas funds of companies located in or predominantly conducting economic activities in the USA.

    Benchmark Index

    Russell 1000 TR Index

    Total Expense Ratio

    1.27% - Direct Plan

    2.03% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - Lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    High

    Fund Manager

    Laukik Bagwe - Managing since August 2012

    Kedar Karnik - Managing since July 2016

    Jay Kothari - Managing since March 2013

  11. DSP Global Allocation Fund
  12. Type of Fund - This mutual fund is an open-ended Fund of Funds scheme which invests at least 95% of the total portfolio assets in the units of International funds capitalising in equities, debts, and short-term instruments of issuers across the world.

    Investment Objective - Offers long-term capital growth by financing in DSP Global Funds Global Allocation Fund (BGF-GAF) while also investing in other parallel schemes and various money market securities and/or liquid schemes of DSP Mutual Fund as decided by the fund manager.

    Suitable for - Ideal for investors who look to achieve profit over a long-term via investments in international funds around the globe specialising in equity, short-term, and debt securities.

    Benchmark Index

    36% S&P 500 Composite TRI, 24% FTSE World TRI (ex-US), 24% ML US Treasury Current 5 Year TRI, 16% Citigroup Non-USD World Government Bond Index-TRI

    Total Expense Ratio

    1.66% - Direct Plan

    1.96% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - Lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Risk Factor

    High

    Fund Manager

    Jay Kothari - Managing since August 2014

    Lauki Bagwe - Managing since August 2014

    Kedar Karnik - Managing since July 2016

Hybrid schemes offered by DSP Asset Management Company

Hybrid funds are investment funds which invest in diversified portfolios consisting of two or more asset classes. The main focus of such funds is to capitalise on a diverse mix of bonds and stocks for optimum wealth generation. Based on their investment nature, these funds are also termed as asset allocation funds. DSP has 3 different types of Hybrid fund schemes in store which are as follows:

  1. DSP Equity & Bond Fund
  2. Type of Fund - This is an open-ended aggressive hybrid scheme which targets to invest the major portion of its corpus in equity and equity-linked securities in order to provide capital growth as well as income to the investors for a long period of time.

    Investment Objective - The prime motto of this scheme is to derive capital appreciation along with income for a long-term by contributing to an investment portfolio comprising of equity and equity-linked instruments as well as fixed income instruments such as debt and money market securities.

    Suitable for - Ideal for investors who want to get current income along with long-term capital appreciation by investing in a diverse and well-balanced portfolio which comprises of both equity market securities and fixed income securities.

    Benchmark Index

    CRISIL Hybrid 35+65 - Aggressive TR Index

    Total Expense Ratio

    1.21% - Direct Plan

    2.30% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - Lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - If the units redeemed/switched out are greater than 10% of the units bought/switched within 12 months from the allotment date

    Nil - For a holding period equal to or greater than 12 months from the allotment date

    Nil - If the units redeemed or switched out are up to 10% of the units (the limit) purchased or switched before 12 months from the allotment date

    Risk Factor

    Moderately high

    Fund Manager

    Atul Bhole - Managing since June 2016

    Vikram Chopra - Managing since July 2016

  3. DSP Regular Savings Fund
  4. Type of Fund - This is an open-ended hybrid (income) scheme which attempts to offer capital growth to the investors over a medium-term by primarily investing in debt instruments as well as equity and equity-linked instruments in a balanced manner.

    Investment Objective - Seeks to derive returns by investing in a portfolio comprising of good quality debt instruments while also contributing a small portion of its assets to equity and equity-linked instruments of Indian issuers.

    Suitable for - Investors seeking capital growth as well as good income over a medium time period at a moderately high risk by making a balanced investment in debt instruments and equity/equity-linked securities.

    Benchmark Index

    CRISIL Hybrid 85+15 - Conservative TR Index

    Total Expense Ratio

    1.89% - Direct Plan

    2.57% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - Lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - If the units redeemed/switched out are greater than 10% of the units bought/switched within 12 months from the allotment date

    Nil - For a holding period equal to or greater than 12 months from the allotment date

    Nil - If the units redeemed or switched out are up to 10% of the units (the limit) purchased or switched before 12 months from the allotment date

    Risk Factor

    Moderately high

    Fund Manager

    Vikram Chopra - Managing since July 2016

    Jay Kothari - Managing since March 2018

    Mayur Patel - Managing since March 2016

  5. DSP Dynamic Asset Allocation Fund
  6. Type of Fund - It is an open-ended dynamic equity scheme which aims to generate capital appreciation over a long period through a well-balanced portfolio allocating assets in equity and fixed income instruments and as well as debt and equity market.

    Investment Objective - The intention of this scheme is to increase capital value via investments in equity and equity-linked securities along with fixed income instruments in a balanced manner using arbitrage and other derivative strategies.

    Suitable for - Investors willing to capitalise on a balanced asset allocation portfolio of equity and equity-linked securities as well as debt and money market securities for deriving capital growth in the long-term.

    Benchmark Index

    CRISIL Hybrid 35+65 - Aggressive TR Index

    Total Expense Ratio

    1.87% - Direct Plan

    2.77% - Regular Plan

    Investment Options

    Growth and Dividend

    Minimum Investment

    Rs.1,000 - Lump sum

    Rs.500 - SIP

    Entry Load

    Not Applicable

    Exit Load

    1% - For a holding period lesser than 12 months

    Nil - For a holding period equal to or greater than 12 months

    Nil - If the units redeemed or switched out are up to 10% of the units (the limit) purchased or switched

    Risk Factor

    Moderately high

    Fund Manager

    Atul Bhole - Managing since February 2018

    Saurabh Bhatia - Managing since February 2018

Eligibility criteria for investing in DSP Mutual Fund

Persons/entities who are eligible to invest in the DSP mutual fund units, or to apply for subscription to the DSP mutual fund schemes are as follows:

  • Adult individuals who are the domiciles of India (should not exceed three).
  • Minors through their parents or legal guardians (parents/guardians need to apply on behalf of the minors).
  • Association of individuals/bodies of persons both corporated and incorporated, Public Sector Undertakings, Bodies Corporate, companies, and societies that are authorised under the Societies Registration Act, 1860 (as long as the respective constitutions allow the purchase of units).
  • Religious, charitable, and private trusts that come under provision 11(5) of the Income Tax Act, 1961 read with 17C of the Income Tax Rules, 1962 (conditional on receipt of the obligatory approvals as ‘Public Securities’ as per requirement).
  • Trustee of private trusts who is permitted to contribute in mutual fund schemes as per the Trust Deed.
  • Partnership Firms in India.
  • Banks (Regional Rural Banks and Co-operative Banks as well) and other Financial Organisations.
  • Karta of Hindu Undivided Family (HUF).
  • Non-Resident Indians (NRIs)/Persons of Indian Origin (PIO) living in foreign countries on complete repatriation or non-repatriation (conditional on approval of the Reserve Bank of India (RBI)).
  • Foreign Portfolio Investors (FPIs) as determined in Regulation 2(1)(h) of the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014.
  • Air Force, Navy, Army, and all other paramilitary funds.
  • Industrial and Scientific Research Organisations.
  • The Government of India approved International Multilateral Agencies.
  • Non-Government Pension/Provident/Gratuity funds as and when they are allowed to be invested.
  • Other entities having the permission from their respective constitutions to capitalise in the mutual fund schemes.
  • Alternate Mutual Fund schemes based on the prescribed conditions and limits under the SEBI (MF) Regulations and/or by the AMC/Trustee/Sponsors (no fees shall be levied on such investments by the AMC).
  • The Asset Management Company (AMC). It shall not levy any fees on such investments.

Note: Both new and existing investors who meet the above-mentioned eligibility criteria are permitted to subscribe to the DSP mutual fund schemes. However, the eligibility of the mentioned persons/entities to apply for subscription of the fund units is subject to pertinence or relevance, permission under respective constitutions, purchase of units of mutual funds, and applicable statutory regulations.

Documents Required for Investing in DSP Mutual Fund

An investor needs to submit documents at two different stages while subscribing to any DSP mutual fund scheme. Firstly, he/she has to provide documents that are mandated to complete the KYC process and next after the successful completion of KYC, he/she needs to apply for subscription by submitting the filled-up application form of DSP along with the mandatory documents. Your PAN Card and KYC documents are the two most important documents that you need to invest in any of your desired schemes with this company.

Here is the list of documents that an investor needs to submit for making an investment in the DSP mutual fund schemes:

For adult investors

While investing in the DSP mutual fund, an adult investor needs to provide all the basic information about his/her identity. The process is called Know Your Customer (KYC) through which the company obtains all the vital information and identity proof of the investors. KYC updation is mandatory for every investor who is interested to invest in DSP Mutual fund. Though this a one-time process which you have to conduct while subscribing to the desire mutual fund scheme, you need to update your KYC details once again in case there is any change in your contact number, address, or any other information.

Documents required to update KYC

The KYC process has two different components - verifying the identity of the investor and establishing the location of the investor. To accomplish both of these purposes you have to submit the following documents:

  • Properly filled-up KYC form along with one latest colour photograph (stamp size: 3.5 cm x 2.5 cm). The form can be downloaded from the link provided on DSP official website
  • Address proof: Passport/Voter's ID/Driving License/Aadhaar card (copy of any one of these)
  • Identity or residence proof: Passport/Voter's ID/Driving License/Aadhaar card/Ration Card/Electricity bill/Telephone bill/Gas bill/Bank Passbook/Bank account statement/Insurance copy/Flat maintenance bill/Registered sale/Lease agreement of residence (copy of any one of these)
  • A copy of PAN Card

After completing the KYC process you need to download the application form, fill it up, and attach all mandated documents. Next, you can either send it directly to the nearest DSP Mutual Fund branch or Service Centre, or upload it online in the official website of the company.

For investing on Behalf of Minor

In case you are declaring investment on behalf of a minor you have to apply with the company through a Third Party Declaration Form. Along with the form, all the original documents of the minor like birth certificate, school leaving certificate, passport (if any), mark sheets of Secondary and Higher-Secondary exams, and any other suitable proof need to be attached. If you are a legal guardian, then suitable supporting documents must be provided at the time of application.

The investors can contribute in the DSP Mutual Fund schemes directly through various modes offered by the fund for direct investment.

How to invest in DSP Mutual Fund?

Persons/entities need to be compliant with Know Your Customer (KYC) norms in order to invest in the schemes of DSP Mutual Fund. However, DSP company allows investors who don’t have KYC to complete their KYC updation process right before or after the investment. Investors who are interested to invest in the various mutual fund schemes of DSP can use any of the mentioned modes to contribute:

Investors who have done their KYC

Investors who have done their KYC can invest in the schemes online in less than two minutes without any further documentation. Investors who have done their KYC can instantly create their account using their PAN and date of birth. Since there is no need to fill any form or generate PIN number, an investor can start investing immediately after creating their account. Alternately, to register with the company they can also verify their folio or bank account number. The folios will get automapped to the account of the investor. There is no need to remember the password of your account as you can use your PAN & log in with the OTP sent to your email or mobile.

Investors who haven't done their KYC

  • With the help of a professional financial advisor or distributor.
  • Investors can also send their filled up application form containing all required details to the nearest branch or point of sales (PoS) of DSP Mutual Fund.
  • Investors can also invest in the DSP mutual fund schemes through call or SMS once they have signed up through a one-time-mandate (OTM). The OTM form can be downloaded from the official site of the company.

People who haven’t updated their KYC are not eligible to make an online investment in the DSP Mutual Fund schemes. They need to update their KYC first by downloading the KYC Form from the official website and then send the properly filled-up form to the nearest DSP Mutual Fund branch.

The process of KYC updation

In order to take advantage of the online investment opportunity provided by DSP as well as to avoid other investment hassles, it is advisable to complete the KYC process first. You need to follow the below-mentioned steps to update the KYC information or submit your missing information in your KYC application:

  • Download the form from the link provided on the official website for KYC update and KYC verification.
  • Fill the form with all the required information. Ensure to provide the correct details in the form to avoid rejection.
  • Duly sign the form before submitting.
  • Attach all the required proofs or all the vital documents along with the form.
  • Next, you have to complete the in-person-verification process. Carry all the original documents along with you while visiting the nearest service center for successful completion of the verification process.

Why invest with DSP Mutual Funds?

DSP Mutual Fund is a leading name in the world of asset management companies which people from all over the world trust to invest their hard-earned money. Few solid reasons why you should consider investing in this company are as follows:

  • DSP is one of the oldest and most reliable fund houses in the country.
  • This company offers a hoard of products belonging to various asset classes such as Debt, Equity, and Fund of Funds which are easily understandable.
  • The process of investment is fast and easy with the facility of the paperless transaction.
  • The schemes are simplified for ease of understanding of the investors.
  • There is no need to remember the password of your account as you can use your PAN and log in with the OTP sent to your email or mobile.
  • Provides a broad set of investment options to the investors while offering the best balance between risk and opportunity.
  • Right from selling to switching off your fund units or changing your dividend preferences you can do all transactions paper-free without any paper and signature.
  • You can filter the products using product filters to quickly shortlist the desired schemes matching with your investment objectives and risk profile.
  • Investors can not only track and monitor their investments but also see their portfolio's current value, cost of investment, annual returns and much more.
  • To offer the maximum return to the investors, DSP ensures that the portfolios of the investors are managed by professional and experienced fund managers.

Mutual fund investments are subject to market risk. Hence, it is very important for the mutual fund investors to choose the most suitable DSP mutual fund scheme considering their investment goal, risk-taking capacity, and investment strategy. The expert professional financial advisors of the company will help you at every step of investment and guide you thoroughly to derive the maximum profit from your investment.

FAQs

  1. Where can I submit the filled-up investment application form?
  2. You can submit the application form at any of the addresses or the Official Points of Acceptance of Transactions that are provided on the official website of DSP Mutual Fund. Alternately, you can also submit your investment application with other third-party websites which are registered with the fund house.

  3. What are the details that I need to provide while applying on behalf of a minor?
  4. You need to provide your personal details, PAN details, details about your relationship with the minor, his/her date of birth, and other KYC supporting documents.

  5. When will I receive the dividend warrants from my investment in DSP units?
  6. You will receive the dividend warrants from your investment within 30 days of the dividend declaration date. If DSP fails or delays the dispatch of your dividend warrants within the stated time period, it will be liable to pay a prevailing interest rate (15% p.a. at present) for the period of the day as specified by SEBI.

  7. Can I redeem the units of my DSP mutual fund?
  8. Yes, you can redeem or sell the fund units at the appropriate redemption price. However, you can request for withdrawal of a specific amount or a specified number of units only. The redemption request can be made for a minimum of Rs.500 or even more. The approval/rejection of the redemption request solely depends on the discretion of the AMC.

  9. How to apply for the redemption of my fund units?
  10. You can apply for the redemption of your fund units on the pre-printed transaction slip or common transaction form, or by making use of the form provided at the bottom of the account statement. Once done, you should submit the filled-up form at any of the Official Points of Acceptance (OPA) whose details are enlisted in the official website of the company.

  11. What are the minimum amounts for purchase and redemption of the scheme units?
    • Rs.1,000 for the first lump sum purchase and any amount for the successive ones
    • Rs.500 for the first SIP Purchase and multiples of Re.1 for purchases done thereafter
    • Rs.500 for redemption or withdrawal

    Note: Though this is applicable to almost all the schemes, the minimum amount might vary in certain cases.

  12. Does DSP have any special program for the women investors?
  13. Yes, considering the special financial needs and challenges faced by the women investors, DSP has dedicated complimentary financial counselling sessions for women. Moreover, the financial advisors of this company will guide you through every step of investment to help you derive optimal returns on smart investments. Right from evaluating your investment goals, allocating assets as per your risk capacity, and suggesting investment avenues they will help you throughout.

  14. Am I allowed to switch between DSP Mutual Fund plans and schemes?
  15. Yes, you can switch/shift your investments made with DSP Mutual Fund from one scheme/plan to another scheme/fund within the company as this fund house allows both inter-scheme and inter-fund switching. Moreover, while making the switch you can either choose to shift your whole investment or can decide to transfer it partially to any other plan/scheme of the company that is available at that particular time.

  16. Is updating KYC mandatory for investing in DSP mutual fund schemes?
  17. Yes, it is mandatory to update your KYC for making an investment in the mutual fund schemes of DSP. In fact, it the basic requirement that you have to fulfil to get started with your investment. However, you need not update the KYC for every mutual fund scheme offered by this fund house as it will automatically get stored in the company’s database.

  18. Is there a customer care service for DSP mutual fund?
  19. Yes, DSP has a customer care service to address all the queries and complaints of the investors. You can get in touch with the customer care team of the company via phone or email. While the Indian callers need to dial 1800-200-4499, the international callers have to dial +91 44 30915400 to reach the cordial executives through the phone. Alternately, to contact the support team through mail drop a mail at service@dspblackrock.com.

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News About DSP Mutual Fund

  • Approval for buyout of BlackRock’s stake by JV partner likely: DSP investment managers

    The approval for the buyout of BlackRock’s 40% stake is anticipated to happen within a month, said the investment managers of the DSP BlackRock Group. DSP Group, the joint venture partner with BlackRock, will implement the buyout. The company confirmed that the approval for the same is likely to be received from Sebi within two months. DSP BlackRock Investment Managers is likely to be renamed to DSP Investment Managers. Similarly, DSP BlackRock Mutual Fund will be called DSP Mutual Fund after the changes are effective.

    The President of DSP BlackRock Investment Managers said that the company’s partnership with BlackRock has lasted for 10 years, and it has proved to be a very fruitful venture. The company assured its customers that the principles of money management and the integrity of the organisation will remain the same even after the anticipated changes are in place.

    22 June 2018

  • BlackRock Inc. emerges a frontrunner in the acquisition of IDFC AMC

    In a bid to acquire the IDFC Asset Management Company (AMC), global AMC BlackRock Inc. has managed to lead the race. During the first round of bidding held on 8 May 2018, bids ranging between Rs.3,500 crore and Rs.4,000 crore were received. Among the contenders for the bidding were Reliance Mutual Funds, BlackRock Inc. and Mirae Asset Global Investments. IDFC AMC is one among the top 15 mutual fund houses in the country and as of 31 March 2018, the assets under management of the company were recorded at Rs.70,000 crore.

    14 May 2018

  • Mutual Fund AUMs Hit Record High of Rs.23.25 Lakh Crore

    The mutual fund sector in India has seen its AUM (Assets under management) increase to Rs.1.37 lakh crore in the month of April 2018, which enabled it to hit a record high of Rs.23.25 lakh crore. Liquid funds played a major role in aiding inflows into mutual funds, contributing around Rs.1.16 lakh crore due to corporates parking surplus funds during April 2018. Income funds, which saw outflows in the previous few months, recorded inflows worth Rs.5,200 crore. Following an impressive 2017-18, where retail oriented funds such as equity, ELSS, arbitrage and balanced recorded inflows worth Rs.2.6 lakh crore, there was a marginal decline in retail inflows.

    9 May 2018

  • Chief Investment Officer of DSP BlackRock resigns

    The Chief Investment Officer of equities at DSP BlackRock Asset Management Company, Anup Maheshwari, is reported to have resigned from the organisation. However, a spokesperson of DSP BlackRock has denied this.

    The President and CIO of the fund house, S. Naganath had resigned from the company in 2017. The head of fixed income, Dhawal Dalal, had quit the organisation in 2016. Maheshwari has previously worked at HSBC Asset Management as CIO and at Chescor, a British fund management firm.

    27 April 2018

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