DSP Mutual Fund

Best DSP Mutual Fund Schemes

Fund Name	Ratings	Risk	3Y Returns	AUM
DSP India T.i.g.e.r. Fund Direct Plan IDCW Payout Equity Sectoral / Thematic	0	Very High	39.26%	₹3,363.58 cr.
DSP India T.i.g.e.r. Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic	0	Very High	39.26%	₹3,363.58 cr.
DSP India T.i.g.e.r. Fund Direct Plan Growth Equity Sectoral / Thematic	0	Very High	39.25%	₹3,363.58 cr.
DSP Small Cap Fund Direct Plan IDCW Payout Equity Small Cap Fund	2.5	Very High	29.13%	₹13,038.55 cr.
DSP Small Cap Fund Direct Plan IDCW Reinvestment Equity Small Cap Fund	2.5	Very High	29.13%	₹13,038.55 cr.
DSP Small Cap Fund Direct Plan Growth Equity Small Cap Fund	2.5	Very High	29.13%	₹13,038.55 cr.
DSP Natural Resources and New Energy Fund Direct Plan Growth Equity Sectoral / Thematic	0	Very High	25.03%	₹990.34 cr.
DSP Nifty Next 50 Index Fund Direct Plan Growth Other Index Fund	0	Very High	22.98%	₹468.29 cr.
DSP Nifty Next 50 Index Fund Direct Plan IDCW Payout Other Index Fund	0	Very High	22.98%	₹468.29 cr.
DSP Nifty Next 50 Index Fund Direct Plan IDCW Reinvestment Other Index Fund	0	Very High	22.98%	₹468.29 cr.
DSP ELSS Tax Saver Fund Direct Plan Growth Equity ELSS	4.5	Very High	22.8%	₹14,075.56 cr.
DSP ELSS Tax Saver Fund Direct Plan IDCW Payout Equity ELSS	4.5	Very High	22.8%	₹14,075.56 cr.
DSP Equity Opportunities Fund Direct Plan IDCW Payout Equity Large & Mid Cap Fund	2.5	Very High	22.74%	₹10,812.48 cr.
DSP Equity Opportunities Fund Direct Plan IDCW Reinvestment Equity Large & Mid Cap Fund	2.5	Very High	22.74%	₹10,812.48 cr.
DSP Equity Opportunities Fund Direct Plan Growth Equity Large & Mid Cap Fund	2.5	Very High	22.74%	₹10,812.48 cr.
DSP Nifty 50 Equal Weight Index Fund Direct Plan Growth Other Index Fund	0	Very High	21.92%	₹1,195.37 cr.
DSP Nifty 50 Equal Weight Index Fund Direct Plan IDCW Payout Other Index Fund	0	Very High	21.91%	₹1,195.37 cr.
DSP Nifty 50 Equal Weight Index Fund Direct Plan IDCW Reinvestment Other Index Fund	0	Very High	21.91%	₹1,195.37 cr.
DSP Natural Resources and New Energy Fund Direct Plan IDCW Payout Equity Sectoral / Thematic	0	Very High	21.56%	₹990.34 cr.
DSP Natural Resources and New Energy Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic	0	Very High	21.56%	₹990.34 cr.
DSP Flexi Cap Fund Direct Plan Growth Equity Flexi Cap Fund	2	Very High	18.71%	₹9,977.36 cr.
DSP Midcap Fund Direct Plan Growth Equity Mid Cap Fund	1	Very High	18.21%	₹15,968.56 cr.
DSP Midcap Fund Direct Plan IDCW Payout Equity Mid Cap Fund	1	Very High	18.21%	₹15,968.56 cr.
DSP Midcap Fund Direct Plan IDCW Reinvestment Equity Mid Cap Fund	1	Very High	18.21%	₹15,968.56 cr.
DSP Value Fund Direct Plan IDCW Payout Equity Value Fund	0	Very High	17.94%	₹807.70 cr.
DSP Value Fund Direct Plan IDCW Reinvestment Equity Value Fund	0	Very High	17.94%	₹807.70 cr.
DSP Value Fund Direct Plan Growth Equity Value Fund	0	Very High	17.93%	₹807.70 cr.
DSP Top 100 Equity Fund Direct Plan IDCW Payout Equity Large Cap Fund	2	Very High	17.87%	₹3,550.89 cr.
DSP Top 100 Equity Fund Direct Plan IDCW Reinvestment Equity Large Cap Fund	2	Very High	17.87%	₹3,550.89 cr.
DSP Top 100 Equity Fund Direct Plan Growth Equity Large Cap Fund	2	Very High	17.87%	₹3,550.89 cr.

About DSP Mutual Fund

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.

DSP MF offers 46 mutual fund schemes across equity, debt, and hybrid categories. Additionally, it also offers exchange-traded funds, international funds of funds, and close-ended funds. As of May 31, 2023, DSP Mutual Fund holds an AUM of ₹1,14,069 crore.

DSP 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 Mutual Fund Managers

How to Invest in DSP Mutual Fund via Angel One?

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.

Documents Required To Invest in DSP BlackRock Mutual Fund

When you choose to invest in DSP BlackRock Mutual Fund through Angel One, you can enjoy a seamless and fully digital KYC process that streamlines your investment journey. To complete your KYC, you will need to provide the following essential documents:

PAN Card Details (Mandatory)
Personal Information (Full Name, Mobile Number, Email Address)
Address Proof – Aadhar Card is recommended, including both the front and back sides.
Bank Account Details, along with a cancelled cheque if deemed necessary.
Nominee details and FATCA Declarations

Angel One simplifies the KYC verification, granting you swift and efficient access to DSP BlackRock Mutual Funds, whether you’re a new or returning investor. Achieving your financial goals is made easy with our user-friendly platform. In just 48-72 business hours, your KYC process will be completed, allowing you to embark on your mutual fund journey.

Top 10 DSP Mutual Fund to Invest

Name of the Fund	Sub Category	AUM (₹in crore)	Minimum Investment (₹)	CAGR 3Y (%)	CAGR 5Y (%)
DSP India T.I.G.E.R Fund	Sectoral Fund – Infrastructure	2471.3	100	42.67	21.66
DSP Small Cap Fund	Small Cap Fund	12083.25	100	34.76	23.69
DSP Natural Res & New Energy Fund	Sectoral Fund – Energy & Power	717.52	100	33.75	15.35
DSP Nifty 50 Equal Weight Index Fund	Index Fund	671.27	100	27.27	14.49
DSP Tax Saver Fund	Equity Linked Savings Scheme (ELSS)	11862.57	500	26.85	18.21
DSP Equity Opportunities Fund	Large & Mid Cap Fund	8869.42	100	25.9	16.97
DSP Flexi Cap Fund	Flexi Cap Fund	8976.05	100	24.51	18.11
DSP NIFTY 50 Index Fund	Index Fund	379.8	100	20.65	–
DSP Midcap Fund	Mid Cap Fund	15053.28	100	20.64	17.39
DSP Focus Fund	Focused Fund	1976.1	100	19.57	14.23

**All data as of October 4, 2023.

Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past three years.

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

This fund falls under the Sectoral Fund category with a focus on infrastructure. It currently manages assets worth ₹2471.3 crore and maintains an expense ratio of 1.22%. Over the past 3 years, it has delivered a Compound Annual Growth Rate (CAGR) of 42.67%. Investors can start with a minimum investment of ₹100.

DSP Small Cap Fund

As a Small Cap Fund, this scheme concentrates on investing in small-cap stocks. With an AUM of ₹12083.25 crore and an expense ratio of 0.9%, it has achieved a CAGR of 34.76% over the last 3 years. The minimum investment requirement for this fund is ₹100.

DSP Natural Res & New Energy Fund

This Sectoral Fund is dedicated to the Energy & Power sector. Its AUM stands at ₹717.52 crore, and it has an expense ratio of 1.25%. Over the past 3 years, it has delivered a CAGR of 33.75%. The fund accepts a minimum investment of ₹100.

DSP Nifty 50 Equal Weight Index Fund

Functioning as an Index Fund, this scheme tracks the Nifty 50 Equal Weight Index. It manages an AUM of ₹671.27 crore with a low expense ratio of 0.4%. Over the last 3 years, it has provided a CAGR of 27.27%. The minimum investment required is ₹100.

DSP Tax Saver Fund

This fund operates as an Equity Linked Savings Scheme (ELSS) and manages assets worth ₹11862.57 crore. It maintains an expense ratio of 0.8% and has delivered a CAGR of 26.85% over the past 3 years. The minimum investment amount is ₹500.

DSP Equity Opportunities Fund

Categorised as a Large & Mid Cap Fund, this scheme combines investments in large and mid-sized companies. It holds an AUM of ₹8869.42 crore and has an expense ratio of 0.78%. Over the last 3 years, it has yielded a CAGR of 25.9%. The minimum investment is ₹100.

DSP Flexi Cap Fund

Functioning as a Flexi Cap Fund, it provides flexibility in asset allocation. With an AUM of ₹8976.05 crore and an expense ratio of 0.78%, it has generated a CAGR of 24.51% over 3 years. The minimum investment required is ₹100.

DSP NIFTY 50 Index Fund

This Index Fund tracks the NIFTY 50 Index and manages assets totalling ₹379.8 crore. It boasts a low expense ratio of 0.22% and has provided a CAGR of 20.65% over 3 years. The minimum investment amount is ₹100.

DSP Midcap Fund

This Mid Cap Fund focuses on investments in mid-sized companies and maintains an AUM of ₹15053.28 crore. It has an expense ratio of 0.79% and has delivered a CAGR of 20.64% over 3 years. The minimum investment is ₹100.

DSP Focus Fund

Operating as a Focused Fund, it follows a concentrated investment strategy. It currently manages assets worth ₹1976.1 crore and has an expense ratio of 1.06%. Over the past 3 years, it has achieved a CAGR of 19.57%. The minimum investment required for this fund is ₹100.

Mutual Funds Calculators

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DSP Mutual Fund FAQs

Should I invest in the DSP BlackRock Mutual Fund scheme?

Generally, investors look at the returns of the mutual fund scheme. 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 the 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 the 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?

DSP Tax Saver Fund falls under the ELSS category and comes with tax benefits. By investing in the DSP Tax Saver Fund, you can claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year.