DSP Blackrock Mutual Fund Schemes, Performance, Returns 2023

Fund Name	Ratings	Risk	1Y Returns	AUM
DSP Govt Sec Growth Fund	4.5	Medium	25%	₹1,00,900 cr.	Invest
DSP Tax Saver Growth Fund	4.5	High	25%	₹1,00,900 cr.	Invest
DSP Liquidity Growth Fund	4.5	Medium	25%	₹1,00,900 cr.	Invest
DSP Overnight Growth Fund	4.5	Low	25%	₹1,00,900 cr.	Invest
DSP Equity Savings Growth Fund	3	Medium	25%	₹1,00,900 cr.	Invest
DSP Low Duration Growth Fund	3	Low	25%	₹1,00,900 cr.	Invest
DSP Equity Opportunities Growth Fund	2.5	High	25%	₹1,00,900 cr.	Invest
DSP Arbitrage Growth Fund	2.5	Low	25%	₹1,00,900 cr.	Invest
DSP Small Cap Growth Fund	2.5	Very High	25%	₹1,00,900 cr.	Invest
DSP Bond Fund Growth Fund	2.5	Medium	25%	₹1,00,900 cr.	Invest

About DSP BlackRock Mutual Funds

DSP BlackRock Mutual Fund is one of India's premier Asset Management Companies. DSP Group, which backs the AMC, is a 160-year-old financial company. One of the founding family members of this group was part of the foundation of the Bombay Stock Exchange (BSE). DSP Group is led by Mr Hemendra Kothari, who started his career with D.S. Purbhoodas & Co. before starting DSP Financial Consultants.

The DSP family's presence in the capital markets goes back to the 1860s when they entered the stock-broking business. In January 1997, the company entered into a joint venture with Merrill Lynch to form DSP Merrill Lynch Asset Management Company and got registered with SEBI. In 2008, the company took over Merrill Lynch's global asset management business and renamed itself to DSP BlackRock Investment Managers Ltd. A decade later, DSP Group bought BlackRock's 40% stake in the company and renamed itself DSP Mutual Fund. As of 31st May 2022, its AUM was Rs. 1,05,895 crore.

DSP MF offers 78 mutual fund schemes across equity, debt, and hybrid categories. Additionally, it also offers exchange-traded funds, international funds of funds, and close-ended funds. DSP Mutual Fund holds 2.75% of the industry's AUM.

DSP BlackRock Mutual Fund Key Information

Founding date	16 December 1996
AMC Incorporation date	13 May 1996
Headquarters in	Mumbai
Name of the sponsors	DSP HMK Holdings Pvt. Ltd & DSP Adiko Holdings Pvt. Ltd
Trustee organisation	DSP Trustee Private Limited
MD and CEO	Mr Kalpen Parekh
Chief Investment Officer	NA
Compliance Officer	Mr Pritesh Majmudar

DSP BalckRock Mutual Fund Managers

Mr Mr Atul Bhole

HIDE

Mr Bhole joined DSP Mutual Fund AMC as the VP of Investments in 2016. He manages an AUM of Rs. 9,892 crore in 6 schemes, including DSP Equity Direct Plan and DSP Dynamic Asset Allocation Fund. Mr Bhole is a Chartered Accountant. He is a B.Com graduate from the Mulund College of Commerce and also holds an MMS degree in Finance from the Jamnalal Bajaj Institute of Management.

Prior to DSP Fund, Mr Bhole worked as an Equity Research Analyst in the Treasury Department of SBI. Later, he joined Tata Asset Management Ltd. as the Equity Research Analyst and worked his way up to become the Fund Manager of Equities.

Mr Anil Ghelani

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Mr Aditya Khemka

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How to Invest in DSP BlackRock Mutual Fund?

Investing in the DSP BlackRock Mutual Fund is a hassle-free process when done through your Angel One account. Simply follow these steps:

Step 1: Log in to your Angel One account with your registered mobile number. Then validate the OTP. Finally, enter your MPIN.

Note:If you don’t have an Angel One Demat account, you can open one in under a few minutes by submitting the necessary documents.

Step 2: Find the most suited DSP BlackRock MF based on your goals and risk profile. To do this, learn more about each fund offered by the AMC on the Angel One app under the Mutual Funds section. At this stage, consider the following pointers to evaluate the funds:

In the app or https://www.angelone.in/mutual-funds, find your desired fund or choose one from those listed by Angel One.
Analyse the fund’s historical performance, holdings, and tax incidence. Determine the estimated returns on investment using the calculator.
Understand the scheme’s risk level and gauge if it aligns with your tolerance.
Note the fund’s ratings assigned by reputed rating agencies. Typically, mutual funds are rated from 1 to 5 based on several parameters like risk, returns, consistency, etc.
Check the fund’s expense ratio to estimate the cost of investment.

Step 3: Once you choose the mutual fund scheme you want to invest in, open your Angel One Demat account and head to the Mutual Funds section. Search for the DSP MF that you have shortlisted. Then,

Choose whether you want to invest a lump sum or regularly via monthly SIP.
Enter your desired investment amount and choose a payment method. UPI is the preferred mode, but you can also opt for net banking.
After placing the order, if you have chosen the SIP option, create a mandate to make future instalments on time.

Top 5 DSP Mutual Funds to Invest in

Name	Sub Category	AUM (Rs. in crore)	Minimum Lumpsum (Rs.)	CAGR 3Y (%)	CAGR 5Y (%)
DSP World Mining Fund	FoFs (Overseas)	188.92	500	33.12	13.96
DSP Tax Saver Fund	Equity Linked Savings Scheme (ELSS)	10129.21	500	27.25	13.20
DSP US Flexible Equity Fund	FoFs (Overseas)	764.44	500	24.05	13.10
DSP Small Cap Fund	Small Cap Fund	8953.55	500	35.50	12.23
DSP India T.I.G.E.R Fund	Sectoral Fund - Infrastructure	1783.32	500	33.89	11.86

Disclaimer: The above-mentioned top funds are for informational purposes only and are not recommendations. The funds are based on 5-yr CAGR dated 20th March 2023, which is subject to change frequently. Check out real-time data in the Mutual Funds section on Angel One.

1. DSP World Mining Fund

This is one of the best DSP Funds. It has an AUM of Rs. 188.92 crore. The fund tracks MSCI ACWI Metals & Mining 30% Buffer 10/40 (1994) Net TRI and has an expense ratio of 1.50%.

2. DSP Tax Saver Fund

This DSP Fund is a Small Cap Fund with an AUM of Rs. 10,129 crore. The fund tracks NIFTY 500 - TRI and has an expense ratio of 0.81%.

3. DSP US Flexible Equity Fund

This fund by DSP BlackRock Fund is from the FoFs (Overseas) category. It has an AUM of Rs. 764.44 crore. Russell 1000 Index is the benchmark of the fund. It has an expense ratio of 1.52%.

4. DSP Small Cap Fund

This one is a Small Cap Fund with an AUM of Rs. 8953.55 crore. The fund tracks S&P BSE 250 Small Cap - TRI and has an expense ratio of 0.90%.

5. DSP India T.I.G.E.R Fund

This fund by DSP MF is a Sectoral Fund - Infrastructure and has an AUM of Rs. 1783.32 crore. The benchmark is S&P BSE India Infrastructure Index - TRI and has an expense ratio of 1.34%.

Mutual Funds Calculators

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FAQs

Should I invest in the DSP BlackRock Mutual Fund scheme?

Generally, investors look at the returns of the mutual fund scheme. To be specific, DSP BlackRock Mutual Fund has garnered a 5-yr CAGR of 13.96%. However, past returns are not indicative of future performance. Therefore, you should also evaluate funds based on other factors such as risk, volatility, the fund manager’s experience, and your own return expectations and risk tolerance in order to choose the best fund suited for your terms.

How to start DSP Mutual Fund SIP online?

You can start investing in DSP MF SIP online in several ways. One of them is through AMC’s official website. But for a seamless experience, you can do it via Angel One.

How to redeem DSP BlackRock Mutual Fund online?

For online investments, you can redeem your units in three ways. First, via Angel One App under the Mutual Funds section. Second, by visiting https://www.angelone.in/mutual-funds. Finally, you can also redeem your DSP Mutual Fund units by visiting AMC's website.

How much time does it take to redeem DSP MF?

You can expect to receive the proceeds of equity, debt, and conservative hybrid funds in your registered bank account within 2-4 working days of initiating the withdrawal. In the case of liquid funds, you can expect to get the funds in 1-2 working days.

What are the redemption charges of DSP Mutual Fund?

Redemption charges of DSP Mutual Fund depend on the type of mutual fund you want to sell. Generally, an exit load and taxes are applicable.

How to increase the SIP amount in DSP BlackRock Mutual Fund?

You can do this in three ways - by visiting https://www.angelone.in/mutual-funds, the Angel One App or the AMC’s official website. On the DSP MF website, you can opt for the SIP Top-Up option.

How can I get the DSP BlackRock Mutual Fund statement?

Getting the DSP Mutual Fund account statement is simple. Head to Mutual Funds section in the Angel One App or visit https://www.angelone.in/mutual-funds. Alternatively, you can get the statement by visiting AMC’s official website.

Are DSP Mutual Fund schemes tax-free?

Not all schemes are tax-free. As with any other ELSS, the one offered by DSP BlackRock Mutual Fund also comes with tax benefits. By investing in DSP Mutual Fund ELSS Funds, you can claim a tax deduction of up to Rs. 1.5 lakh under Section 80C every financial year.