DSP Mutual Fund – Review, Fund managers, Investment Process, KYC, Fees & more
Last Updated Date: Nov 16, 2022DSP Mutual Fund AMC is based on the four key pillars. They have fiduciary duty towards their clients, passionate about work, innovators, and teamwork.
With the help of these pillars, the organization has been able to manage the best mutual funds.
It has excellent equity fund managers as well as debt fund managers who keep the interest of the clients at the heart of investment decision making.
About DSP Mutual Fund
In India, DSP Mutual Fund is the premier asset management company. The firm is focused on catering their clients with a wide range of services.
Also, the interests of the clients are given priority and their wealth is secured.
The company is a 152-year-old company and has had associations with American investing and wealth management companies.
Besides, the company is committed to strive and achieve the best balance between risk and opportunity continuously.
It follows a disciplined and well-researched approach and this has been the reason for their good stead over the years.
Also, it navigates through different market conditions to measure the risks and optimize the opportunities for investments.
It manages assets worth Rs. 77,212.54 Crores through open-ended mutual funds.
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Why Invest in DSP AMC?
Following are the benefits of investing in DSP Mutual Fund.
- The DSP Mutual Fund offers a wide range of mutual fund schemes from equity, debt, and hybrid categories to the international fund of funds, exchange-traded funds, and close-ended funds.
- The benefit of investing in DSP Mutual Fund is that they are also affordable investments and are simple and convenient to buy and sell.
- It helps the investors to earn handsome profits. It helps to manage the tax liability by allowing the investors to reduce their tax liability.
- Besides, the firm has the experience and skilled professionals and they conduct strong research and continuously monitor the investments to make investment decisions.
- Also, it is well-regulated as the autonomous body protects the interests of capital market investors.
- Finally, it offers many mutual funds. Among them, 51 are equity schemes, 156 are debt schemes, and 26 are hybrid schemes. These mutual fund schemes give flexibility to the investors to choose the fund that suits their investment needs and aligns with their future goals.
How to Invest with DSP Mutual Funds?
To invest in DSP Mutual Fund, the investor can use a distributor. Following are the steps to invest in DSP Mutual Fund via distributors.
Step 1: Register with the distributor to start investing and if in case, the investors are already registered with the distributor, then they need to log in.
Step 2: The documents of proof of identity need to be uploaded by the investors. This would also include PAN, Aadhar, driving license, state or central government identity cards, and many more.
Step 3: The documents of proof of address need to be uploaded by the investors. Then, the investor procedure starts.
Step 4: The investors should select the period of the timeline. It can be either three years or one year, or any other timeline.
Step 5: The investor can select the risk level that is low, mid, or high. It depends on the investor what level of risk should be included in their investment plans.
Step 6: There is a lot of mutual fund schemes offered by the organization. The investors can select their preferred DSP Mutual Fund scheme.
Step 7: The investor can also click on “Invest One Time” or “Start SIP”.
DSP AMC – Fund Managers
The fund managers of DSP Mutual Fund are Mr. Atul Bhole, Mr. Aditya Khemka, Mr. Jay Kothari, Mr. Anil Ghelani, and Mr. Laukik Bagwe.
Mr. Atul Bhole has been with the firm since the year 2016 and manages an AuM of Rs. 9,892 Crore in 6 schemes.
Mr. Aditya Khemka manages an AuM of Rs. 201 Crore in 2 schemes.
Mr. Jay Kothari has been with the firm since the year 2005 and manages schemes like DSP Natural Resources and New Energy Fund, DSP Equity Opportunities Fund, DSP World Mining Fund, and many more.
Mr. Anil Ghelani is the Vice President and Portfolio Manager of DSP Investment Managers Pvt. Ltd.
Mr. Laukik Bagwe has been with the firm since the year 2007 and manages an AuM of Rs. 12,389 Crore in 11 schemes.
DSP Mutual Fund – Key Personnels
The trustees of DSP Mutual Fund are Mr. Shitin D. Desai, Mr. S.S.N. Moorthy, Mr. T.S. Krishna Murthy, and Mr. Pravin Tripathi. All of them are independent directors.
Besides, the president of DSP Mutual Fund is Mr. Kalpen Parekh and the COO is Mr. Ramamoorthy Rajagopal. The compliance officer of DSP Mutual Fund is Mr. Pritesh Majumdar.
How to do KYC Check for DSP Mutual Fund?
To do a KYC Check for DSP Mutual Fund, the PAN has to be verified.
Online KYC Check
- The investor can do KYC Check for DSP Mutual Fund online by registering for KYC through the website of CDSL Ventures Limited
- In case, the investor is already KYC-Compliant then they need to submit the KYC acknowledgment letter or a copy of the KYC-Compliance page.
Offline KYC Check
- The investor also needs to fill the KYC individual form.
- A passport-sized photograph is needed.
- The KYC documents need to be submitted to the mutual fund house.
Documents Required to Invest in DSP Mutual Fund
Following are the documents that are required to invest in DSP Mutual Fund
- Application Form- It needs to be filled to get a mutual fund
- KYC Compliance – The PAN also needs to be verified under the KYC norms of the Indian Government
- Proof Of Identity – Aadhar, PAN with photograph, Driving License, Passport, Identity card
- Proof Of Address – Flat maintenance bill, Aadhar, Passport, Driving License, Ration Card
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DSP Mutual Fund Fees or Charges
| Fund | Minimum Investment (Rs) | Entry Load (in % p.a.) | Exit Load (in % p.a.) | Fund Manager |
| DSP 10Y G-Sec Fund – Growth – Direct Plan | 500 | NA | 0.10% | Vikram Chopra |
| DSP Arbitrage Fund – Growth – Direct Plan | 500 | NA | 0.25% | M Suryanarayanan |
| DSP Banking & PSU Debt Fund – Growth – Direct Plan | 500 | NA | 0.50% | Vikram Chopra |
| DSP Bond Fund – Growth – Direct Plan | 500 | NA | 1% | Saurabh Bhatia |
| DSP Corporate Bond Fund – Growth – Direct Plan | 500 | NA | NA | Vikram Chopra |
| DSP Credit Risk Fund – Growth – Direct Plan | 500 | NA | 2% | Laukik Bagwe |
| DSP Dynamic Asset Allocation Fund – Growth – Direct Plan | 500 | NA | 1% | Saurabh Bhatia |
| DSP Equal Nifty 50 Fund – Growth – Direct Plan | 500 | NA | NA | Anil Ghelani |
| DSP Equity & Bond Fund – Growth – Direct Plan | 500 | NA | 1% | Atul Bhole |
| DSP Equity Fund – Growth – Direct Plan | 500 | NA | 1% | Atul Bhole |
Following are the fees or charges of DSP Mutual Fund. The DSP 10Y G-Sec Fund – Growth – Direct Plan has an expense ratio of 0.30%.
Also, the DSP Arbitrage Fund – Growth – Direct Plan has an expense ratio of 0.36%. The DSP Banking & PSU Debt Fund – Growth – Direct Plan has an expense ratio of 0.32%. Also, the DSP Bond Fund – Growth – Direct Plan has an expense ratio of 0.39%.
The DSP Corporate Bond Fund – Growth – Direct Plan has an expense ratio of 0.26%. Also, the DSP Credit Risk Fund – Growth – Direct Plan has an expense ratio of 0.79%.
Besides, the DSP Dynamic Asset Allocation Fund – Growth – Direct Plan has an expense ratio of 0.44%. Also, the DSP Equal Nifty 50 Fund – Growth – Direct Plan has an expense ratio of 0.39%.
The DSP Equity & Bond Fund – Growth – Direct Plan has an expense ratio of 0.87%. Besides, the DSP Equity Fund – Growth – Direct Plan has an expense ratio of 0.96%.
Best Performing DSP Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Fund Size (in Cr) |
| DSP Dynamic Asset Allocation Fund | Hybrid | Moderately High | 13.10% | ₹ 1,959 |
| DSP Midcap Fund | Equity | Moderately High | 21.60% | ₹ 9,467 |
| DSP Natural Resources and New Energy Fund | Equity | High | 8.50% | ₹ 372 |
| DSP Overnight Fund | Debt | Low | 3.80% | ₹ 1,797 |
| DSP Government Securities Fund | Debt | Moderate | 13.70% | ₹ 607 |
| DSP Equity Fund | Equity | Moderately High | 14.80% | ₹ 4,314 |
| DSP Equity & Bond Fund | Hybrid | Moderately High | 14.20% | ₹ 6,025 |
| DSP Tax Saver Fund | Equity | Moderately High | 10.40% | ₹ 7,015 |
| DSP Corporate Bond Fund | Debt | Moderate | 9.60% | ₹ 1,904 |
| DSP Quant Fund | Equity | High | 13.30% | ₹ 342 |
Details of Best DSP Mutual Funds
Following are the best performing DSP Mutual Fund. The DSP Dynamic Asset Allocation Fund has given annual returns of 9.96% in the last three years and 14.21% in the previous year.
Also, the DSP Midcap Fund has given annual returns of 7.48% in the last three years and 24.38% in the previous year.
The DSP Natural Resources and New Energy Fund has given annual returns of 0.02% in the last three years and 11.72% in the previous year.
Besides, the DSP Overnight Fund has given an annual return of 3.57% in the previous year.
The DSP Government Securities Fund has given annual returns of 11.64% in the last three years and 13.23% in the previous year.
Finally, the DSP Equity Fund has given annual returns of 9.53% in the last three years and 18.97% in the previous year.
The DSP Equity & Bond Fund has given annual returns of 9.17% in the last three years and 17.33% in the previous year.
Besides, the DSP Tax Saver Fund has given annual returns of 7.77% in the last three years and 15.42% in the previous year.
The DSP Corporate Bond Fund has given an annual return of 9.57% in the previous year. The DSP Quant Fund has given an annual return of 25.25% in the previous year.
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Top 10 DSP AMC Funds
| Fund | 1-Year Return | 3-Year Return | 5-Year Return |
| DSP 10Y G-Sec Fund – Growth – Direct Plan | 11.61% | 29.74% | 54.63% |
| DSP 3 Years Close Ended Equity Fund – Growth – Direct Plan | 16.67% | 26.13% | 76.25% |
| DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 1 – Growth – Direct Plan | 16.63% | 26.25% | NA |
| DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 2 – Growth – Direct Plan | 15.59% | NA | NA |
| DSP Arbitrage Fund – Growth – Direct Plan | 4% | NA | NA |
| DSP Banking & PSU Debt Fund – Growth – Direct Plan | 10.80% | 29.38% | 51.25% |
| DSP Bond Fund – Growth – Direct Plan | 9.80% | 17.02% | 38.97% |
| DSP Corporate Bond Fund – Growth – Direct Plan | 9.34% | NA | NA |
| DSP Credit Risk Fund – Growth – Direct Plan | 4.92% | 6.50% | 25.64% |
| DSP Dynamic Asset Allocation Fund – Growth – Direct Plan | 11.33% | 25.61% | 52.83% |
Details of Top 10 DSP AMC Funds
DSP 10Y G-Sec Fund – Growth – Direct Plan: The money invested in this fund is Rs.44.53 Crore.
DSP 3 Years Close Ended Equity Fund – Growth – Direct Plan: The money invested in this fund is Rs.38.39 Crore.
Also, DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 1 – Growth – Direct Plan: The money invested in this fund is Rs.709.37 Crore.
DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 2 – Growth – Direct Plan: The money invested in this fund is Rs.96.76 Crore.
DSP Arbitrage Fund – Growth – Direct Plan: The money invested in this fund is Rs.970.27 Crore.
Besides, DSP Banking & PSU Debt Fund – Growth – Direct Plan: The money invested in this fund is Rs.3576.35 Crore.
DSP Bond Fund – Growth – Direct Plan – The money invested in this fund is Rs.380.97 Crore.
Plus, DSP Corporate Bond Fund – Growth – Direct Plan: The fund size is Rs.1903.98 Crore.
DSP Credit Risk Fund – Growth – Direct Plan: The fund size is Rs.315.48 Crore.
Now, DSP Dynamic Asset Allocation Fund – Growth – Direct Plan: The fund size is Rs.315.48 Crore.
DSP Dynamic Asset Allocation Fund – Growth – Direct Plan: The fund size is Rs.1959.53 Crore.
Best DSP Mutual Fund – Portfolio
| Fund | Market Value (in Cr.) | Net Assst (in Cr.) | Rating |
| DSP Bond Fund – Growth – Direct Plan | 7500 | 164448.23 | AAA |
| DSP Bond Fund – Growth – Direct Plan | 7500 | 164448.23 | AAA |
| DSP Credit Risk Fund – Growth – Direct Plan | 37380.23 | 386278.07 | AAA |
| DSP Credit Risk Fund – Growth – Direct Plan | 37380.23 | 386278.07 | AAA |
| DSP Equity & Bond Fund – Growth – Direct Plan | 7300 | 80207.58 | AAA |
| DSP Equity & Bond Fund – Growth – Direct Plan | 7300 | 80207.58 | AAA |
| DSP Equity Fund – Growth – Direct Plan | 3890.83 | 112733.03 | AAA |
| DSP Equity Fund – Growth – Direct Plan | 3890.83 | 112733.03 | AAA |
| DSP Equity Opportunities Fund – Growth – Direct Plan | 2000.82 | 145239.45 | AAA |
| DSP Equity Opportunities Fund – Growth – Direct Plan | 2000.82 | 145239.45 | AAA |
DSP Bond Fund – Growth – Direct Plan: The number of debt holding of this plan is 17, modified duration is 3.41 years, and yield to maturity is 5.36%. The modified duration of the fund is 3.41 years, also the average maturity is 4.72 years.
DSP Credit Risk Fund – Growth – Direct Plan: The number of debt holding of this plan is 6, modified duration is 0.25 years, and yield to maturity is 5.28%. The modified duration of the fund is 0.25 years, also the average maturity is 0.37 years.
Now, DSP Equity & Bond Fund – Growth – Direct Plan: The portfolio turnover ratio of the plan is 180% and the Category average turnover ratio is 164.28%. The number of debt holding of this plan is 30 and the yield to maturity is also 5.82%.
DSP Equity Fund-Growth-Direct Plan: The portfolio turnover ratio of the plan is 64% and the Category average turnover ratio is 102.47%. The equity holding of this plan is also 99%.
DSP Equity Opportunities Fund-Growth-Direct Plan: The portfolio turnover ratio of the plan is 105% and the Category average turnover ratio is 108.24%. The equity holding of this plan is also 99.16%.
DSP Mutual Fund Schemes NAV
| Fund | 52 Week High (Rs.) | 52 Week Low (Rs.) |
| DSP 10Y G-Sec Fund – Growth – Direct Plan | 17.77 | 15.89 |
| DSP 10Y G-Sec Fund – Growth – Direct Plan | 17.77 | 15.89 |
| DSP 3 Years Close Ended Equity Fund – Growth – Direct Plan | 19.75 | 12.9 |
| DSP 3 Years Close Ended Equity Fund – Growth – Direct Plan | 19.75 | 12.9 |
| DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 1 – Growth – Direct Plan | 13.1 | 8.53 |
| DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 1 – Growth – Direct Plan | 13.1 | 8.53 |
| DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 2 – Growth – Direct Plan | 13.08 | 10.3 |
| DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 2 – Growth – Direct Plan | 13.08 | 10.3 |
| DSP Arbitrage Fund – Growth – Direct Plan | 11.87 | 11.35 |
| DSP Banking & PSU Debt Fund – Growth – Direct Plan | 19.12 | 17.12 |
Details of DSP Mutual Funds NAV
The Net Asset Value or NAV is the total value of an entity. It is most commonly used either in Mutual Funds or ETF or Exchange-Traded Fund.
Also, the per-share/ unit price of the fund on any day at a certain time is defined by Net Asset Value. In short, it is equal to the total assets of the company minus its liabilities.
- DSP 10Y G-Sec Fund-Growth-Direct Plan: The Net Asset Value for DSP 10Y G-Sec Fund-Growth-Direct Plan is Rs.17.8156. The previous Net Asset Value was Rs.17.7929. Net change on 30-12-2020 is Rs.0.01.
- DSP 3 Years Close Ended Equity Fund – Growth – Direct Plan: The Net Asset Value for DSP 3 Years Close Ended Equity Fund-Growth-Direct Plan is Rs.19.679. The previous Net Asset Value was Rs.19.674. Net change on 30-12-2020 is Rs.0.01.
- Besides, DSP A.C.E. Fund (Analyst’s Conviction Equalized)-Series 1-Growth-Direct Plan: The Net Asset Value for DSP A.C.E. Fund (Analyst’s Conviction Equalized)-Series 1-Growth-Direct Plan is Rs.12.711. The previous Net Asset Value was Rs.12.701. Net change on 30-12-2020 is Rs.0.01.
- DSP A.C.E. Fund (Analyst’s Conviction Equalized)-Series 2-Growth-Direct Plan: The Net Asset Value for DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 2 – Growth – Direct Plan is Rs.12.809. The previous Net Asset Value was Rs.12.799. Net change on 30-12-2020 is Rs.0.01.
- Also, DSP Arbitrage Fund – Growth – Direct Plan: The Net Asset Value for DSP Arbitrage Fund – Growth – Direct Plan is Rs.11.872. The previous Net Asset Value was Rs.11.868. Net change on 30-12-2020 is Rs.0.
- DSP Banking & PSU Debt Fund – Growth – Direct Plan: The Net Asset Value for DSP Banking & PSU Debt Fund – Growth – Direct Plan is also Rs.19.1522. The previous Net Asset Value was Rs.19.1446. Net change on 30-12-2020 is Rs.0.01.
DSP AMC Customer Care Details
| Address of AMC | Mafatlal Centre, 10th Floor, Nariman Point, Mumbai – 400 021 |
| Telephone Number | +91 (22) 66578000 |
| Fax Number | +91 (22) 66578181 |
| service@dspblackrock.com |
The DSP Mutual Fund Customer Care can be contacted on the toll-free number 1800-200-4499.
Customer service can be contacted during working hours and the working hours are Monday through Friday between 9:30 am and 5:30 pm IST.
The email address on which they can also be contacted is service@dspblackrock.com.
DSP Mutual Fund – Important links
| Website | https://www.dspim.com/ |
| DSP Mutual Fund Login | https://invest.dspim.com/?ref=login |
| DSP Mutual Fund App | NA |
| Facebook Link | https://www.facebook.com/DSPMutualFund/ |
| Twitter Link | https://twitter.com/dspmf?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor |
| Youtube Link | NA |
| linkedIn Link | https://in.linkedin.com/company/dspmf |
DSP Mutual Fund AMC – Conclusion
DSP Mutual Fund saves the time and efforts of the investors. They continuously assess the funds and review the fund periodically.
It focuses on the performance of the overall investment portfolio of investors. The company is focused on delivering long-term investment excellence to the investment portfolios of its clients.
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