DSP mutual fund is a joint venture between a 150-year old Indian financial firm DSP and Blackrock, an American Investment firm. However, in 2018, DSP purchased back its 40% share from DSP BlackRock Investment Managers. The organization was renamed to DSP Investment Managers, and DSP BlackRock Mutual Fund was renamed to DSP Mutual Fund.
DSP Mutual Fund, a premier mutual fund in India, is present in 38 cities in India with lakhs of investors from all over the country. They have successfully managed some of the best mutual fund schemes. Also, they commit to delivering long term investment excellence to their customers’ portfolios. Their beliefs and values are anchored across the following four key pillars:
Few of their featured funds are DSP US Flexible Equity Fund , DSP Tax Saver Fund, DSP Equity and Bond Fund (hybrid fund), DSP Small Cap Fund, and DSP India T.I.G.E.R. Fund.
Taxation on mutual funds is a complex topic. Taxes paid on your mutual fund investments vastly depend on factors such as what kind of funds you have invested in, the duration of your investment, which income tax slab you belong to and so on.