DSP Mutual Fund

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Updated On – 10 Jan 2025

DSP Mutual Fund is a leading Asset Management Company (AMC) founded in 1860. It provides an extensive selection of mutual fund schemes in the equities, debt, and hybrid categories in addition to exchange-traded funds, close-ended funds, and international fund of funds.

A fully autonomous Indian asset management company, DSP Asset Managers offers a broad selection of actively and passively managed funds that span the risk-reward spectrum.

The DSP family has played a significant role in the development and professionalisation of India’s money management industry as well as the country’s capital markets over the past 150 years. Take a look at the type of mutual funds offered by DSP Mutual Fund.

Types of DSP Mutual Funds

The funds offered by DSP Mutual Fund can be divided into 4 broad categories namely Equity schemes, Hybrid schemes, Debt schemes, and International Fund of Funds scheme (FoFs).

While the equity category and debt category has 12 types of schemes each, the hybrid category has 3 and the Fund of Funds category has 6 types of schemes. These wide categories of funds include different types of schemes having their specific investment objectives, capitalisation strategies, and risk-taking capacities.

The various kinds of schemes offered by DSP under these broad categories are as follows:

Equity/Growth Funds
Debt/Income Funds
Liquid Funds
Liquid ETF
Asset Allocation Funds
Index Linked Equity Scheme
Equity Linked Saving Scheme
Income Scheme
Income (Debt) Scheme
Income (Liquid) Scheme
Aggressive Hybrid Scheme
Fund of Funds Scheme

List of DSP Mutual Fund schemes

DSP Mutual Fund has 33 different types of schemes to cater to the varied investment goals, requirements, and risk-taking ability of the investors. The following are the different kinds of mutual fund schemes offered by DSP Asset Management Company:

DSP Equity Fund
DSP Equity Opportunities Fund
DSP Top 100 Equity Fund
DSP India T.I.G.E.R. Fund
DSP Mid Cap Fund
DSP Small Cap Fund
DSP Focus Fund
DSP Natural Resources and New Energy Fund
DSP Liquid ETF
DSP Equity Savings Fund
DSP Equal Nifty 50 Fund
DSP Arbitrage Fund
DSP Dynamic Asset Allocation Fund
DSP Tax Saver Fund
DSP Bond Fund
DSP 10Y G-Sec Fund
DSP Short Term Fund
DSP Credit Risk Fund
DSP Strategic Bond Fund
DSP Money Manager Fund
DSP Government Securities Fund
DSP Low Duration Fund
DSP Banking and PSU Debt Fund
DSP Regular Savings Fund
DSP Liquidity Fund
DSP Savings Fund
DSP Equity & Bond Fund
DSP World Gold Fund
DSP World Energy Fund
DSP World Mining Fund
DSP World Agriculture Fund
DSP US Flexible Equity Fund
DSP Global Allocation Fund

Equity Funds offered by DSP Asset Management Company

Equity funds predominantly focuses on stocks and this is why they are known as stock funds as well. DSP Mutual Fund offers 12 different kinds of equity funds with varied investment goals and risk-taking capacities.

Following are the equity/growth funds offered by DSP Asset Management Company:

Fund Name	Annualised Returns	Risk Factor
DSP Nifty Midcap 150 Quality 50 Index Fund	34.65%	Very High Risk
DSP Healthcare Fund	53.66%	Very High Risk
DSP India T.I.G.E.R. Fund	70.58%	Very High Risk
DSP Nifty Next 50 Index Fund	65.03%	Very High Risk
DSP Nifty 50 Equal Weight Index Fund	42.49%	Very High Risk
DSP Value Fund	36.98%	Very High Risk
DSP Small Cap Fund	48.77%	Very High Risk
DSP ELSS Tax Saver Fund	43.57%	Very High Risk
DSP Natural Resources And New Energy Fund	50.63%	Very High Risk
DSP Equity Opportunities Fund	46.31%	Very High Risk
DSP Nifty 50 Index Fund	29.31%	Very High Risk
DSP Flexi Cap Fund	37.92%	Very High Risk
DSP Mid Cap Fund	45.29%	Very High Risk
DSP Top 100 Equity Fund	38.19%	Very High Risk
DSP Focus Fund	41.67%	Very High Risk
DSP Quant Fund	26.19%	Very High Risk
DSP Nifty Smallcap250 Quality 50 Index Fund	–	Very High Risk
DSP Arbitrage Fund	7.63%	Low Risk
DSP Multicap Fund	–	Very High Risk
DSP Banking & Financial Services Fund	–	Very High Risk

Debt schemes offered by DSP Asset Management Company

Debt funds capitalise mainly on debt instruments such as government securities, bonds, and other types of instruments. These schemes typically come with a low risk factor and are mostly opted by investors having low risk appetite.

DSP Mutual Fund Company provides 17 different types of debt schemes to the investors which are enlisted below:

Fund Name	Annualised Returns	Risk Factor
DSP CRISIL SDL Plus G-Sec Apr 2033 50:50 Index Fund	7.78%	Moderate Risk
DSP Gilt Fund	8.02%	Moderate Risk
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	6.92%	Moderate Risk
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund	6.84%	Moderate Risk
DSP Banking & PSU Debt Fund	7.3%	Moderate Risk
DSP Strategic Bond Fund	8.94%	Moderate Risk
DSP Low Duration Fund	7.05%	Low to Moderate Risk
DSP Corporate Bond Fund	6.74%	Moderate Risk
DSP Short Term Fund	6.65%	Moderate Risk
DSP Savings Fund	7.3%	Moderate Risk
DSP 10Y G-Sec Fund	7.24%	Moderate Risk
DSP Credit Risk Fund	15.25%	Moderately High Risk
DSP Liquidity Fund	7.2%	Moderate Risk
DSP Floater Fund	8.4%	Moderate Risk
DSP Bond Fund	7.11%	Moderate Risk
DSP Ultra Short Fund	6.87%	Low to Moderate Risk
DSP Overnight Fund	6.72%	Low Risk

Fund of Fund schemes offered by DSP Asset Management Company

Fund of fund schemes are the ones which invest in other mutual funds to generate current income as well as long-term capital growth for the investors. The returns of these type of mutual fund schemes depend on the performance of the target fund.

DSP Mutual Fund company offers 9 different types of fund of fund schemes to the investors. Here is the list of the schemes along with all vital details:

Fund Name	Annualised Returns	Risk Factor
DSP Global Innovation Fund of Fund	40.69%	Very High Risk
DSP Gold ETF Fund of Fund	–	High Risk
DSP US Flexible Equity Fund	23.28%	Very High Risk
DSP World Mining Fund	2.54%	Very High Risk
DSP Global Allocation Fund of Fund	12.98%	Very High Risk
DSP World Gold Fund of Fund	2.15%	Very High Risk
DSP World Energy Fund	2.05%	Very High Risk
DSP World Agriculture Fund	8.99%	Very High Risk
DSP US Treasury Fund of Fund	–	Very High Risk

Hybrid schemes offered by DSP Asset Management Company

Hybrid funds are investment funds which invest in diversified portfolios consisting of two or more asset classes. The main focus of such funds is to capitalise on a diverse mix of bonds and stocks for optimum wealth generation.

Based on their investment nature, these funds are also termed as asset allocation funds. DSP has 5 different types of Hybrid fund schemes in store which are as follows:

Fund Name	Annualised Returns	Risk Factor
DSP Multi Asset Allocation Fund	–	Very High Risk
DSP Equity & Bond Fund	29.45%	Very High Risk
DSP Dynamic Asset Allocation Fund	20.78%	Moderately High Risk
DSP Equity Savings Fund	15.75%	Moderately High Risk
DSP Regular Savings Fund	14.27%	Moderately High Risk

Eligibility criteria for investing in DSP Mutual Fund

Persons/entities who are eligible to invest in the DSP mutual fund units, or to apply for subscription to the DSP mutual fund schemes are as follows:

Adult individuals who are the domiciles of India (should not exceed three).
Minors through their parents or legal guardians (parents/guardians need to apply on behalf of the minors).
Association of individuals/bodies of persons both corporated and incorporated, Public Sector Undertakings, Bodies Corporate, companies, and societies that are authorised under the Societies Registration Act, 1860 (as long as the respective constitutions allow the purchase of units).
Religious, charitable, and private trusts that come under provision 11(5) of the Income Tax Act, 1961 read with 17C of the Income Tax Rules, 1962 (conditional on receipt of the obligatory approvals as ‘Public Securities’ as per requirement).
Trustee of private trusts who is permitted to contribute in mutual fund schemes as per the Trust Deed.
Partnership Firms in India.
Banks (Regional Rural Banks and Co-operative Banks as well) and other Financial Organisations.
Karta of Hindu Undivided Family (HUF).
Non-Resident Indians (NRIs)/Persons of Indian Origin (PIO) living in foreign countries on complete repatriation or non-repatriation (conditional on approval of the Reserve Bank of India (RBI)).
Foreign Portfolio Investors (FPIs) as determined in Regulation 2(1)(h) of the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2014.
Air Force, Navy, Army, and all other paramilitary funds.
Industrial and Scientific Research Organisations.
The Government of India approved International Multilateral Agencies.
Non-Government Pension/Provident/Gratuity funds as and when they are allowed to be invested.
Other entities having the permission from their respective constitutions to capitalise in the mutual fund schemes.
Alternate Mutual Fund schemes based on the prescribed conditions and limits under the SEBI (MF) Regulations and/or by the AMC/Trustee/Sponsors (no fees shall be levied on such investments by the AMC).
The Asset Management Company (AMC). It shall not levy any fees on such investments.

Note: Both new and existing investors who meet the above-mentioned eligibility criteria are permitted to subscribe to the DSP mutual fund schemes. However, the eligibility of the mentioned persons/entities to apply for subscription of the fund units is subject to pertinence or relevance, permission under respective constitutions, purchase of units of mutual funds, and applicable statutory regulations.

Documents Required for Investing in DSP Mutual Fund

An investor needs to submit documents at two different stages while subscribing to any DSP mutual fund scheme. Firstly, he/she has to provide documents that are mandated to complete the KYC process and next after the successful completion of KYC, he/she needs to apply for subscription by submitting the filled-up application form of DSP along with the mandatory documents. Your PAN Card and KYC documents are the two most important documents that you need to invest in any of your desired schemes with this company.

Here is the list of documents that an investor needs to submit for making an investment in the DSP mutual fund schemes:

For adult investors

While investing in the DSP mutual fund, an adult investor needs to provide all the basic information about his/her identity. The process is called Know Your Customer (KYC) through which the company obtains all the vital information and identity proof of the investors. KYC updation is mandatory for every investor who is interested to invest in DSP Mutual fund. Though this a one-time process which you have to conduct while subscribing to the desire mutual fund scheme, you need to update your KYC details once again in case there is any change in your contact number, address, or any other information.

Documents required to update KYC

The KYC process has two different components – verifying the identity of the investor and establishing the location of the investor. To accomplish both of these purposes you have to submit the following documents:

Properly filled-up KYC form along with one latest colour photograph (stamp size: 3.5 cm x 2.5 cm). The form can be downloaded from the link provided on DSP official website
Address proof: Passport/Voter’s ID/Driving License/Aadhaar card (copy of any one of these)
Identity or residence proof: Passport/Voter’s ID/Driving License/Aadhaar card/Ration Card/Electricity bill/Telephone bill/Gas bill/Bank Passbook/Bank account statement/Insurance copy/Flat maintenance bill/Registered sale/Lease agreement of residence (copy of any one of these)
A copy of PAN Card

After completing the KYC process you need to download the application form, fill it up, and attach all mandated documents. Next, you can either send it directly to the nearest DSP Mutual Fund branch or Service Centre, or upload it online in the official website of the company.

For investing on Behalf of Minor

In case you are declaring investment on behalf of a minor you have to apply with the company through a Third Party Declaration Form. Along with the form, all the original documents of the minor like birth certificate, school leaving certificate, passport (if any), mark sheets of Secondary and Higher-Secondary exams, and any other suitable proof need to be attached. If you are a legal guardian, then suitable supporting documents must be provided at the time of application.

The investors can contribute in the DSP Mutual Fund schemes directly through various modes offered by the fund for direct investment.

How to invest in DSP Mutual Fund?

Persons/entities need to be compliant with Know Your Customer (KYC) norms in order to invest in the schemes of DSP Mutual Fund. However, DSP company allows investors who don’t have KYC to complete their KYC updation process right before or after the investment. Investors who are interested to invest in the various mutual fund schemes of DSP can use any of the mentioned modes to contribute:

Investors who have done their KYC

Investors who have done their KYC can invest in the schemes online in less than two minutes without any further documentation. Investors who have done their KYC can instantly create their account using their PAN and date of birth. Since there is no need to fill any form or generate PIN number, an investor can start investing immediately after creating their account. Alternately, to register with the company they can also verify their folio or bank account number. The folios will get automapped to the account of the investor. There is no need to remember the password of your account as you can use your PAN & log in with the OTP sent to your email or mobile.

Investors who haven’t done their KYC

With the help of a professional financial advisor or distributor.
Investors can also send their filled up application form containing all required details to the nearest branch or point of sales (PoS) of DSP Mutual Fund.
Investors can also invest in the DSP mutual fund schemes through call or SMS once they have signed up through a one-time-mandate (OTM). The OTM form can be downloaded from the official site of the company.

People who haven’t updated their KYC are not eligible to make an online investment in the DSP Mutual Fund schemes. They need to update their KYC first by downloading the KYC Form from the official website and then send the properly filled-up form to the nearest DSP Mutual Fund branch.

The process of KYC updation

In order to take advantage of the online investment opportunity provided by DSP as well as to avoid other investment hassles, it is advisable to complete the KYC process first. You need to follow the below-mentioned steps to update the KYC information or submit your missing information in your KYC application:

Download the form from the link provided on the official website for KYC update and KYC verification.
Fill the form with all the required information. Ensure to provide the correct details in the form to avoid rejection.
Duly sign the form before submitting.
Attach all the required proofs or all the vital documents along with the form.
Next, you have to complete the in-person-verification process. Carry all the original documents along with you while visiting the nearest service center for successful completion of the verification process.

Why invest with DSP Mutual Funds?

DSP Mutual Fund is a leading name in the world of asset management companies which people from all over the world trust to invest their hard-earned money. Few solid reasons why you should consider investing in this company are as follows:

DSP is one of the oldest and most reliable fund houses in the country.
This company offers a hoard of products belonging to various asset classes such as Debt, Equity, and Fund of Funds which are easily understandable.
The process of investment is fast and easy with the facility of the paperless transaction.
The schemes are simplified for ease of understanding of the investors.
There is no need to remember the password of your account as you can use your PAN and log in with the OTP sent to your email or mobile.
Provides a broad set of investment options to the investors while offering the best balance between risk and opportunity.
Right from selling to switching off your fund units or changing your dividend preferences you can do all transactions paper-free without any paper and signature.
You can filter the products using product filters to quickly shortlist the desired schemes matching with your investment objectives and risk profile.
Investors can not only track and monitor their investments but also see their portfolio’s current value, cost of investment, annual returns and much more.
To offer the maximum return to the investors, DSP ensures that the portfolios of the investors are managed by professional and experienced fund managers.

Mutual fund investments are subject to market risk. Hence, it is very important for the mutual fund investors to choose the most suitable DSP mutual fund scheme considering their investment goal, risk-taking capacity, and investment strategy. The expert professional financial advisors of the company will help you at every step of investment and guide you thoroughly to derive the maximum profit from your investment.

GST rate of 18% applicable for all financial services effective July 1, 2017.

FAQs on DSP Mutual Fund

Where can I submit the filled-up investment application form? You can submit the application form at any of the addresses or the Official Points of Acceptance of Transactions that are provided on the official website of DSP Mutual Fund.
What are the details that I need to provide while applying on behalf of a minor? You need to provide your personal details, PAN details, details about your relationship with the minor, his/her date of birth, and other KYC supporting documents.
When will I receive the dividend warrants from my investment in DSP units? You will receive the dividend warrants from your investment within 30 days of the dividend declaration date.
Can I redeem the units of my DSP mutual fund? Yes, you can redeem or sell the fund units at the appropriate redemption price. However, you can request for withdrawal of a specific amount or a specified number of units only.
How to apply for the redemption of my fund units? You can apply for the redemption of your fund units on the pre-printed transaction slip or common transaction form, or by making use of the form provided at the bottom of the account statement.
Does DSP have any special program for the women investors? Yes, considering the special financial needs and challenges faced by the women investors, DSP has dedicated complimentary financial counselling sessions for women.
Am I allowed to switch between DSP Mutual Fund plans and schemes? Yes, you can switch/shift your investments made with DSP Mutual Fund from one scheme/plan to another scheme/fund within the company as this fund house allows both inter-scheme and inter-fund switching.
Is updating KYC mandatory for investing in DSP mutual fund schemes? Yes, it is mandatory to update your KYC for making an investment in the mutual fund schemes of DSP. In fact, it the basic requirement that you have to fulfil to get started with your investment.
Is there a customer care service for DSP mutual fund? While the Indian callers need to dial 1800-200-4499, the international callers have to dial +91 44 30915400 to reach the cordialexecutives through the phone. Alternately, to contact the support team through mail drop a mail at service@dspblackrock.com.