Best DSP Mutual Fund Schemes

Fund Name
Ratings
Ratings in Descending
Rating in Ascending
Risk
Risk in Descending
Risk in Ascending
3Y Returns
Three Years Returns in Descending
Three Years Returns in Ascending
AUM
Asset Under Management in Descending
Asset Under Management in Ascending

DSP India T.i.g.e.r. Fund Direct Plan IDCW Payout

Equity Sectoral / Thematic

0

Very High

33.66%

₹5,515.28 cr.

DSP India T.i.g.e.r. Fund Direct Plan IDCW Reinvestment

Equity Sectoral / Thematic

0

Very High

33.66%

₹5,515.28 cr.

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

Equity Sectoral / Thematic

0

Very High

33.66%

₹5,515.28 cr.

DSP Healthcare Fund Direct Plan IDCW Payout

Equity Sectoral / Thematic

0

Very High

24.01%

₹3,248.80 cr.

DSP Healthcare Fund Direct Plan IDCW Reinvestment

Equity Sectoral / Thematic

0

Very High

24.01%

₹3,248.80 cr.

DSP Healthcare Fund

Equity Sectoral / Thematic

0

Very High

24.01%

₹3,248.80 cr.

DSP Small Cap Fund

Equity Small Cap Fund

2.5

Very High

23.74%

₹16,307.28 cr.

DSP Small Cap Fund Direct Plan IDCW Payout

Equity Small Cap Fund

2.5

Very High

23.73%

₹16,307.28 cr.

DSP Small Cap Fund Direct Plan IDCW Reinvestment

Equity Small Cap Fund

2.5

Very High

23.73%

₹16,307.28 cr.

DSP Equity Opportunities Fund

Equity Large & Mid Cap Fund

2.5

Very High

21.62%

₹14,022.78 cr.

DSP Equity Opportunities Fund Direct Plan IDCW Payout

Equity Large & Mid Cap Fund

2.5

Very High

21.62%

₹14,022.78 cr.

DSP Equity Opportunities Fund Direct Plan IDCW Reinvestment

Equity Large & Mid Cap Fund

2.5

Very High

21.62%

₹14,022.78 cr.

DSP ELSS Tax Saver Fund Direct Plan IDCW Payout

Equity ELSS

4.5

Very High

21.42%

₹16,835.11 cr.

DSP ELSS Tax Saver Fund

Equity ELSS

4.5

Very High

21.42%

₹16,835.11 cr.

DSP Natural Resources and New Energy Fund

Equity Sectoral / Thematic

0

Very High

20.71%

₹1,256.52 cr.

DSP Nifty Next 50 Index Fund

Other Index Fund

0

Very High

20.14%

₹902.86 cr.

DSP Nifty Next 50 Index Fund Direct Plan IDCW Payout

Other Index Fund

0

Very High

20.14%

₹902.86 cr.

DSP Nifty Next 50 Index Fund Direct Plan IDCW Reinvestment

Other Index Fund

0

Very High

20.14%

₹902.86 cr.

DSP Midcap Fund

Equity Mid Cap Fund

1

Very High

18.7%

₹19,215.83 cr.

DSP Midcap Fund Direct Plan IDCW Payout

Equity Mid Cap Fund

1

Very High

18.7%

₹19,215.83 cr.

DSP Midcap Fund Direct Plan IDCW Reinvestment

Equity Mid Cap Fund

1

Very High

18.7%

₹19,215.83 cr.

DSP Focus Fund

Equity Focused Fund

2

Very High

18.09%

₹2,523.12 cr.

DSP Focus Fund Direct Plan IDCW Payout

Equity Focused Fund

2

Very High

18.09%

₹2,523.12 cr.

DSP Focus Fund Direct Plan IDCW Reinvestment

Equity Focused Fund

2

Very High

18.09%

₹2,523.12 cr.

DSP Top 100 Equity Fund Direct Plan IDCW Payout

Equity Large Cap Fund

2

Very High

18%

₹4,529.98 cr.

DSP Top 100 Equity Fund Direct Plan IDCW Reinvestment

Equity Large Cap Fund

2

Very High

18%

₹4,529.98 cr.

DSP Top 100 Equity Fund

Equity Large Cap Fund

2

Very High

18%

₹4,529.98 cr.

DSP Value Fund Direct Plan IDCW Payout

Equity Value Fund

0

Very High

17.75%

₹910.36 cr.

DSP Value Fund Direct Plan IDCW Reinvestment

Equity Value Fund

0

Very High

17.75%

₹910.36 cr.

DSP Value Fund

Equity Value Fund

0

Very High

17.75%

₹910.36 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

VS

Vinit Sambre

Fund Manager since Nov 2018 (6 years)

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Vinit Sambre is a Chartered Accountant from the Institute of Chartered Accountant of India. Before joining DSP Mutual Fund, he worked with UTI Investment Advisory Services as Equity Analyst and DSP Merrill Lynch as Equity Strategist. He has over 16 years of relevant experience in the investment field.

RS

Rohit Singhania

Fund Manager since Jun 2010 (14 years)

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Rohit Singhania did his MMS in Finance and worked at various firms including SMIFS Securities Limited, Quantum Securities Limited, IL&FS Investment Managers, and HDFC Securities as Equity Research Analyst before joining DSP Mutual Fund. Currently, he is the Co-Head Equities & Fund Manager.

AG

Anil Ghelani

Fund Manager since Aug 2024 (4 months)

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Mr. Ghelani started working at DSP Investment Managers in 2003 and has experience of over 21 years. He is Fund Manager, Head of Passive Investments & Products in DSPIM since 2019. Mr. Ghelani holds degrees in both CA and CFA.

MS

M. Suryanarayanan

Fund Manager since Apr 2022 (2 years)

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Mr. Suryanarayanan joined DSP Mutual Fund in July 2011. He joined the firm as an AVP of the Product Management Group. Currently, he is Vice President and analyst with the Equity Investments team. Before joining DSPIM, he was part of the Product team of the Private Wealth Management vertical of Anand Rathi Financial Services Ltd. Surya is a Mechanical Engineering graduate and has completed his Post Graduate Program (PGP) in Management from IIM, Ahmedabad. Surya is a CFA Charterholder.

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:

  1. In the app or https://www.angelone.in/mutual-funds, find your desired fund or choose one from those listed by Angel One.
  2. Analyse the fund’s historical performance, holdings, and tax incidence. Determine the estimated returns on investment using the calculator.
  3. Understand the scheme’s risk level and gauge if it aligns with your tolerance.
  4. 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.
  5. 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,

  1. Choose whether you want to invest a lump sum or regularly via monthly SIP.
  2. Enter your desired investment amount and choose a payment method. UPI is the preferred mode, but you can also opt for net banking.
  3. 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:

  1. PAN Card Details (Mandatory)
  2. Personal Information (Full Name, Mobile Number, Email Address)
  3. Address Proof – Aadhar Card is recommended, including both the front and back sides.
  4. Bank Account Details, along with a cancelled cheque if deemed necessary.
  5. 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

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.