One of India’s top asset management firms is DSP Mutual Fund. Since its inception in 1997, it has consistently delivered robust investment returns to investors through various market conditions. This article provides an in-depth look at DSP Mutual Fund’s background and important aspects to comprehend its functioning and objectives as an AMC.
With more than 25 years in operations, DSP provides a diverse choice of dsp mutual funds catering to retail and institutional customers alike. The goal is to analyze DSP’s journey so far, its product portfolio and expertise that has made it a trusted brand in the industry. Understanding these details better will help investors assess if DSP’s funds align with their financial objectives.
1. History and Growth
DSP Mutual Fund was established in 1997 by banking major DSP Merrill Lynch, which was a joint venture between DSP Group and Merrill Lynch. In 2008, DSP Group acquired Merrill Lynch’s stake to become the sole sponsor of DSP Mutual Fund. Over the years, it has grown to manage assets over Rs. 1 lakh crore across various mutual fund schemes. DSP also ventured into pension funds in 2010 and is a leading player in the retirement space.
2. Fund Management Expertise
DSP has a dedicated research team comprising over 30 investment analysts and fund managers. The investment process focuses on bottom-up stock selection and macro-economic analysis. For equity funds, DSP relies on its proprietary research to identify quality businesses available at reasonable valuations. On the fixed income side, credit analysis forms the core of decision making.
3. Product Portfolio and Categories
DSP offers over 30 different mutual fund schemes catering to goals across asset classes. The equity schemes include large cap, multi-cap, mid cap, small cap and thematic funds. On the debt side, it has overnight, liquid, short term, medium term, long term and gilt funds. DSP also provides solutions oriented funds like hybrid, arbitrage and ETFs. Its dsp small cap fund is among the top performers in the small cap category.
4. Distribution and Customer Service
DSP has a strong pan-India distribution network comprising several banks, independent financial advisors and online platforms. It has over 1000 branches to service over 4 million investor folios. DSP is focused on leveraging new age digital technologies to enhance customer experience. Investors can transact in DSP funds through various transaction platforms like 5paisa.
5. Awards and Recognition
Over the years, DSP Mutual Fund has won several awards for its financial performance, service quality and investor communication practices. Some notable awards include ‘Best AMC for 5 years returns’ by Business Standard and ‘Best AMC for equity performance’ by Business World. DSP is committed to upholding high governance standards and investor trust.
Conclusion
To summarize, DSP Mutual Fund has established itself as a reputed AMC with a track record of over 25 years. It offers a wide range of funds to cater to all investor needs. Backed by a strong research team and distribution network, DSP aims to deliver superior risk-adjusted returns to its investors in the long run. Investors can also consider investing via platforms like 5paisa to benefit from low cost transactions.
