DSP Mutual Fund

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DSP Mutual Fund

Presented by
Name Roll no
Sarika Arote 64
Komal Mane 95
Prachi Kamble 85
Sanika Kambli 86
Shrutika Dhone 74
Priyanka Bojewar 70
Ankita Bhoir 67

Guided by : Meera Hirapurkar


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Introduction
• DSP Mutual Fund ("Fund") was set up as a trust under the
Indian Trust Act, 1882.
• The sponsors to the Fund are DSP ADIKO Holdings Pvt. Ltd and
DSP HMK Holdings Pvt. Ltd.
• DSP Investment Managers Pvt. Ltd. (formerly known as DSP
BlackRock Investment Managers Pvt. Ltd. is the asset
management company to the Fund.
• DSP Trustee Pvt. Ltd. ("(formerly known as DSP BlackRock
Trustee Company Pvt. Ltd.”) acts as the trustee to the Fund.
•  In August 2018, the DSP Group completed the buyout of
BlackRock’s 40 per cent stake in DSP BlackRock and changed its
name to DSP Mutual Fund.
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• The DSP Group, headed by Mr. Hemendra Kothari, is one of
the oldest and most respected financial services firms in
India.
• The firm commenced its stock broking business in the
1860s and the family behind the group has been very
influential in the growth and professionalization of capital
markets and money management business in India. 

• DSP Mutual Fund manages assets in excess of Rs 97,000


crore across equity, fixed income and alternatives as on 31st
July 2018 with over 23 lakh individual investors.

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• ASSET MANAGEMENT COMPANY
• DSP Investment Managers Pvt. Ltd. (‘AMC’) is a company
incorporated under the Companies Act, 1956 on May 13,
1996.
• AMC has been appointed as the asset management
company to the Mutual Fund by the Trustee, vide
Investment Management Agreement (IMA) dated
December 16, 1996, and executed between the Trustee
and the AMC.
• (i) Shareholding Pattern
• DSP ADIKO Holdings Pvt. Ltd. holds 54% and DSP HMK
Holdings Pvt. Ltd. holds 34 % of the shareholding of the
AMC and the balance 12% is held by Ms. Aditi Kothari Desai
and Ms. Shuchi Kothari in equal proportion.
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• (ii) Other Business Activities
The AMC offers non-binding investment advisory
services to Investment Management Company (IMCs)
for investment in Indian securities in terms of approval
granted by SEBI.
The AMC also offers investment advisory services to
DSP Investment Managers (Mauritius) Limited, a
wholly owned subsidiary of the AMC, which is an asset
management company to an offshore fund based in
Mauritius.
The AMC also provides investment management and
trade execution related services to offshore sovereign
funds.
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