- Business
- DSP Mutual Fund (DSP Asset Managers Private Limited), a professionally managed family-owned asset management company sponsored by DSP Group, operates primarily as an asset manager offering a comprehensive suite of over 75 mutual fund schemes and exchange-traded funds (ETFs) across equity, debt, hybrid, index, sectoral, solution-oriented, and passive categories; these include large-cap, mid-cap, small-cap, flexi-cap, value, focused, ELSS tax-saver, dynamic asset allocation, corporate bond, banking & PSU debt, liquid, floater, government securities, aggressive hybrid, natural resources, healthcare, technology sectoral funds, as well as ETFs such as DSP Nifty Bank ETF (DSPBANKETF.BO), which tracks the Nifty Bank Index comprising 12 large-cap banking stocks with top holdings including HDFC Bank, ICICI Bank, and State Bank of India.
The firm serves a diverse investor base exceeding 63 lakh individuals, including salaried professionals, high-net-worth individuals, NRIs, SMEs, corporations, trusts, and foreign institutional investors, with assets under management surpassing INR 2,04,000 crore; it targets long-term wealth creation through research-driven strategies, responsible investment practices, and tools like SIP, SWP, and compounding calculators.
Founded in 1996 and headquartered at Mafatlal Centre, 10th Floor, Nariman Point, Mumbai, India, DSP Mutual Fund maintains operations across more than 40 cities in India with no significant international subsidiaries noted.
Recent developments include the acquisition of fintech startup Volt Money in early 2025 to enhance digital lending capabilities with instant secured loans against mutual funds, integrating technology for streamlined financial services; a strategic partnership with Cybrilla in July 2025 to distribute mutual funds via the ONDC Network, enabling decentralized access through local distributors and fintechs; and new product launches such as DSP Nifty Midcap 150 Index Fund & ETF, DSP Nifty Smallcap 250 Index Fund & ETF in November 2025, alongside draft filings for DSP Nifty 500 Index Fund and DSP Nifty Next 50 ETF with SEBI in November 2025.