DSP Asset Managers Private Limited

DSP Mutual Fund is a well-known asset management company in India. The DSP family's journey with investment can be traced back to the 1860s when the family first ventured into the stock-broking business. They forayed into investment management in a joint venture with Merrill Lynch to form DSP Merrill Lynch Asset Management Company, which was registered with SEBI in January 1997. The company later changed to DSP BlackRock Investment Managers Ltd. in 2008 following BlackRock's takeover of Merrill Lynch's global asset management business. <br>In 2018, DSP Group purchased BlackRock's 40% stake in the company and changed the name to DSP Mutual Fund as we know it today. As of September 30, 2024, the fund house's AUM stood at Rs 1,85,354.30 crores.