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DSP Mutual Fund Things You Need To Know Before Investing

Hello friend today we will talking about DSP Mutual Fund. One of India’s biggest asset management firms is DSP Mutual Fund. It was started in 1996 as a joint venture between Merrill Lynch in the US and the Indian DSP group. Following a change in ownership of Merrill Lynch in 2008, it became DSP BlackRock. 2018 saw the DSP group acquire its joint venture partner, BlackRock, and change the name to DSP Mutual Fund.

  • The fund house manages assets of more than Rs. 74,000 crore (as on July 31, 2019)
  • Has 38 programmes, 6 of which are foreign funds.
  • Vineet Sambre, co-chief investment officer at Equity, is renowned for his skill in selecting small- and mid-cap businesses.

Key Information

Mutual Fund NameDSP Mutual Fund
FoundedDec 16, 1996
Trustee OrganisationDSP Trustee Pvt. Ltd.
MD and CEOKalpen Parekh
Compliance OfficerGaurav Nagori

What are the documents required to invest in DSP Mutual Fund

The documents for KYC (Know Your Client) include proof of address and proof of identity. Here is a list of officially valid documents (OVD) admissible.

Also Read: Aditya Birla Sun Life Mutual Fund Things You Need To Know Before Investment

PROOF OF IDENTITY

  1. PAN Card (Mandatory)
  2. Voter ID Card
  3. Driving License
  4. Passport
  5. Aadhaar Card
  6. Any other valid identity card issued by Central or State Government

PROOF OF ADDRESS

  1. Voter ID Card
  2. Driving License
  3. Passport
  4. Ration Card
  5. Aadhaar Card
  6. Bank account statement or bank passbook
  7. Utility bills like electricity or gas bills

Even if these are some of the required documents, presenting them all can delay your investment strategy because it is a time-consuming process. Here, ET Money provides you with a quick, paperless option. Uploading the images of your identity and address proofs will allow you to complete your KYC in less than two minutes. This includes your signature, a selfie, and a live video, as well as PAN and any one of Aadhaar, Voter ID, Driving License, and Passport, as well as documents verifying your identification. The simple KYC application from ET Money makes investing simple and hassle-free. Your KYC is validated within 3-5 working days because it is done by government-approved organisations.

Also Read: Nippon India Mutual Fund Things You Need To Know Before Investment

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