dsp mutual fund

DSP Mutual Fund

DSP Mutual Fund is a joint venture between India-based DCP Group and US investment management company Blackrock.

DSP Group is a 152-year-old financial company. The firms started trading back in the 1860s. One of the family members who founded this group was behind the foundation of the Bombay Stock Exchange (BSE).

The group’s association with Blackrock, Merrill Lynch, an American investment and wealth management wing of Bank of America, Dresdnerbank, AG, DSP Merrill Lynch Limited came to light on 23 December 1975 in Mumbai.

The DSP Group is currently headed by Mr. Hemendra Kothari. Prior to founding financial services provider DSP Financial Consultants in 1975, D.S. Purbhoodas & Co. Started his career with.

Reason’s to choose DSP Mutual Fund

SIP Calculator – DSP Mutual Fund

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    Go to the DSP Mutual Fund SIP calculator link

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    Enter Your Name, Enter Amount

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Top 5 DSP Mutual Funds

1. DSP Government Securities Fund

It is a fund that invests mainly in bonds issued by the Government of India. These bonds do not pose any risk of default as the investors’ money is repaid by the government. But they suffer from sharp fluctuations due to changes in interest rates.

Like most other debt fund categories, we believe retail investors can avoid this as well. In our opinion, debt funds only make sense for retail investors if they have been investing for 3 years or less.

For that type of investment horizon, liquid debt funds and short-term debt funds are more suitable.

Returns

Fund Name 1 Year (%) Rating Fund Size Category Risk Grade
DSP Government Securities Fund
15.7
5
1,173
Debt
Moderate

2. DSP Natural Resources and New Energy Fund

It is a fund that invests primarily in stocks of companies operating in the natural resources and energy sectors.

We believe that investors should avoid funds that have an investment mandate defined as such. Instead, they should invest in multi-cap funds which gives the fund management team complete freedom to invest in companies from which it expects to make maximum profit.

Returns

Fund Name 1 Year (%) Rating Fund Size Category Risk Grade
DSP Natural Resources and New Energy Fund
-19.8
5
272
Equity
High

3. DSP Corporate Bond Fund

Corporate bond funds have a narrow mandate to invest primarily in highest-class corporate bonds.

Like most other debt fund categories, we believe retail investors can avoid this as well. In our opinion, debt funds only make sense for retail investors if they are investing for 3 years or less. For that type of investment horizon, liquid debt funds and short-term debt funds are more suitable.

Returns

Fund Name 1 Year (%) Rating Fund Size Category Risk Grade
DSP Corporate Bond Fund
11.6
5
990
Debt
Moderate

4. DSP Dynamic Asset Allocation Fund

The tax treatment of this fund may vary depending on its asset allocation. It will be levied based on its average asset allocation in the last 12 months in the following manner.

If the mutual fund unit is sold after 3 years from the date of investment, the profit is taxed at the rate of 20% after providing the benefit of the inflation index.

If the mutual fund unit is sold within 3 years from the date of investment, the entire amount of profit is added to the investors’ income and taxed as per the applicable slab rate.

Returns

Fund Name 1 Year (%) Rating Fund Size Category Risk Grade
DSP Dynamic Asset Allocation Fund
4.1
5
1238
Other
Moderately High

5. DSP Midcap Fund

When you invest for seven years or longer, you can expect gains that comfortably beat the inflation rate and are higher than fixed income options.

It is a fund that invests in medium-sized companies. Compared to those investing in large companies, such funds tend to fall more when stock prices fall. Therefore, you can expect higher returns in the long term, but more severe fluctuations along the way.

If the mutual fund unit is sold after 1 year from the date of investment, a profit of up to Rs 1 lakh in a financial year is exempt from tax. A tax of more than 1 lakh rupees is levied at the rate of 10 lakhs.

 

If the mutual fund unit is sold within 1 year from the date of investment, the entire amount of profit is taxed at the rate of 15%.

Returns

Fund Name 1 Year (%) Rating Fund Size Category Risk Grade
DSP Midcap Fund
-1.9
4
6,498
Equity
Moderately High

Warning: If you need to redeem your investment in less than seven years, do not invest in this or any other mid-cap fund.

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