Fund Name | NAV | Expenses Ratio | 1y Return | 3Y Returns | Risk | Fund Size (in Cr) | |
|---|---|---|---|---|---|---|---|
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.
| 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 |
Anil Ghelani
Fund Manager since Aug 2023 (3 years)
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:
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,
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:
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.
| Scheme | Category | AUM (in ₹ Cr) | 3-Yr Returns (%) | 1-Yr Return (%) |
| DSP India T.I.G.E.R Fund | Equity | 5,454.11 | 26.57 | 6.76 |
| DSP Healthcare Fund | Equity | 3,339.79 | 23.03 | 15.25 |
| DSP Global Innovation FoF | Equity | 966.95 | 19.27 | 25.76 |
| DSP Equity Opportunities Fund | Equity | 13,444.08 | 18.79 | 10.71 |
| DSP Small Cap Fund | Equity | 14,995.68 | 18.02 | 3.40 |
| DSP ELSS Tax Saver Fund | Equity | 15,985.06 | 17.73 | 11.32 |
| DSP Value Fund | Equity | 899.68 | 17.11 | 11.07 |
| DSP Natural Res & New Energy Fund | Equity | 1,190.43 | 17.03 | 3.59 |
| DSP Top 100 Equity Fund | Equity | 4,599.52 | 16.58 | 13.15 |
| DSP Focus Fund | Equity | 2,392.95 | 15.93 | 10.38 |
