EquitySectoral/ ThematicRegularIDCWVery High

DSP India T.I.G.E.R. Fund

Q: What is the NAV of DSP India T.I.G.E.R. Fund?

As of 05 Oct 2026, the NAV of DSP India T.I.G.E.R. Fund is ₹29.95 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has DSP India T.I.G.E.R. Fund delivered?

DSP India T.I.G.E.R. Fund has returned +1.45% over 1 year, +8.52% per year over 3 years, +8.78% per year over 5 years and +2.04% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund charges an expense ratio of 2.03% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund's largest holdings are Reliance Industries Limited (6.7%), NTPC Limited (4.7%), Larsen & Toubro Limited (4.4%), Apollo Hospitals Enterprise Limited (4.2%) and Bharti Airtel Limited (2.8%). Holdings are disclosed monthly and change over time.

Q: How risky is DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 19.0% and its worst peak-to-trough fall in our sample was -76.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.11 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP India T.I.G.E.R. Fund's 0.11 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund is benchmarked against the BSE India Infrastructure TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund is managed by Rohit Singhania at DSP.

Q: How is DSP India T.I.G.E.R. Fund taxed?

DSP India T.I.G.E.R. Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

DSP Mutual Fund · Best Sectoral & Thematic Mutual Funds

NAV

₹29.95

+0.34% 1D

as of 05 Oct 2026

This is the Regular plan of DSP India T.I.G.E.R. Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

Compare SIP calculator

This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns (+17.94% 3Y CAGR)

Performance

+1.45%absolute

52-week rangePrev NAV ₹29.85

Latest ₹29.95

Low ₹25.6669th percentile of its 52-week rangeHigh ₹31.85

Scorecard

Not rated

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Equity funds (same plan and option) to rank against yet.

Performance—

Not enough Sectoral/ Thematic peers to rank yet

Risk—

Volatility 19.0% (no category average yet)

Cost—

2.0% expense (no category average yet)

ConsistencyLow

58% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

No standout strengths identified.

Concerns

Positive in only 58% of rolling 3-year windows

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.03%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

24.83

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.11

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

– (as a % of Applicable NAV): Holding period from the date of allotment: < 12 months – 1% => 12 months – Nil Note: No exit load shall be levied in case of switch of investment from Regular Plan to Direct Plan and vice versa. In respect of Systematic Transactions such as SIP, STPs etc., Exit Load, if any, prevailing on the date of registration / enrolment shall be levied.

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

BSE India Infrastructure TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Apr 2006

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.84%

Absolute return over the last 3 months (not annualized)

-4.71%

Absolute return over the last 6 months (not annualized)

+13.90%

Absolute return since 1 Jan of this year (not annualized)

+1.55%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+1.45%

3-year annualized return (CAGR)

+8.52%

5-year annualized return (CAGR)

+8.78%

10-year annualized return (CAGR)

+5.13%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+2.04%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

19.04%

Excess return per unit of total volatility (rf = 6.5%)

0.11

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.13

Largest peak-to-trough decline over full history

-76.35%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-0.79%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

1.22

How much of the fund's movement Nifty 500 TRI explains

74.1%

Excess return per unit of beta (market risk)

1.65

Active return over the benchmark per unit of tracking error

-0.10

Annualized std dev of fund-minus-benchmark returns

11.93%

Fund's share of benchmark gains in up months (100 = matches index)

112.4%

Fund's share of benchmark losses in down months (lower is better)

125.4%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Sectoral/ Thematic)

Period	Fund	Category avg.	Diff
1M abs	-4.84%	—	—
3M abs	-4.71%	—	—
6M abs	+13.90%	—	—
1Y CAGR	+1.45%	—	—
3Y CAGR	+8.52%	—	—
5Y CAGR	+8.78%	—	—

Category average across peers in Sectoral/ Thematic, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.41L

Absolute

+23.57%

XIRR

+8.67%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into DSP India T.I.G.E.R. Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	+1.55%	-7.18%	+8.73%
2025	-10.51%	+7.94%	-18.45%
2024	+21.72%	+16.43%	+5.29%
2023	+36.89%	+27.43%	+9.46%
2022	+1.97%	+4.34%	-2.37%
2021	+36.75%	+31.59%	+5.16%
2020	-8.82%	+18.33%	-27.15%
2019	-5.78%	+8.95%	-14.73%
2018	-25.80%	-2.33%	-23.47%
2017	+33.59%	+37.35%	-3.76%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

5,050

Expense ratio

2.03%

AUM

₹5,855Cr

Portfolio turnover

50%

Exit load

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

24.8

P/B ratio

4.7

Avg market cap

₹2,90,388Cr

P/E & P/B are portfolio-weighted harmonic means across 57 of 64 equity holdings (82% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Sectoral/ Thematic

Compare all


DSP India T.I.G.E.R. FundThis fund DSP · Regular · IDCW	—	+1.45%	+8.52%	+8.78%	—	2.03%	₹5,855Cr
Nippon India Taiwan Equity Fund Nippon India · Regular · IDCW	—	+125.07%	+61.55%	—	—	2.34%	₹1,110Cr
HDFC Defence Fund HDFC · Regular · IDCW	—	+19.02%	+34.59%	—	—	1.79%	₹9,371Cr
HDFC Pharma and Healthcare Fund HDFC · Regular · IDCW	—	+24.17%	+28.28%	—	—	2.11%	₹2,282Cr
Nippon India Japan Equity Fund Nippon India · Regular · IDCW	—	+28.99%	+22.97%	+10.76%	—	2.50%	₹330.20Cr
Franklin Asian Equity Fund Franklin Templeton · Regular · IDCW	—	+31.28%	+22.70%	+6.52%	—	2.47%	₹720.84Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap58.5%
Mid cap12.8%
Small cap28.7%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity85.85%
Cash & Equivalents12.43%
Real Estate / REITs1.72%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Reliance Industries Limited

6.69%

NTPC Limited

4.68%

Larsen & Toubro Limited

4.44%

Apollo Hospitals Enterprise Limited

4.15%

Bharti Airtel Limited

2.83%

Bharat Electronics Limited

2.62%

Hindustan Aeronautics Limited

2.41%

Oil & Natural Gas Corporation Limited

2.11%

Ultratech Cement Limited

2.09%

Coal India Limited

2.08%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
Sundaram Infrastructure Advantage Fund Sundaram · Sectoral/ Thematic	41.8%	★★☆☆☆	1.81%	+14.43%
HSBC Infrastructure Fund HSBC · Sectoral/ Thematic	40.5%	★★★☆☆	1.11%	+15.43%
Nippon India Power & Infra Fund Nippon India · Sectoral/ Thematic	39.8%	★★★☆☆	1.10%	+17.36%
Franklin Build India Fund Franklin Templeton · Sectoral/ Thematic	36.1%	★★★★☆	1.14%	+14.69%
Aditya Birla Sun Life Infrastructure Fund Aditya Birla Sun Life · Sectoral/ Thematic	35.5%	★★★☆☆	1.50%	+16.35%
ICICI Prudential Energy Opportunities Fund ICICI Prudential · Sectoral/ Thematic	35.3%	★★★★☆	1.11%	—
UTI - Infrastructure Fund UTI · Sectoral/ Thematic	34.9%	★★☆☆☆	2.00%	+11.53%
Canara Robeco Infrastructure Fund Canara Robeco · Sectoral/ Thematic	34.4%	★★★☆☆	1.17%	+17.82%

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

3 holdings — 3.30% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

PB Fintech LimitedShort-term · Stage I1.32%
Cyient DLM LimitedLong-term · Stage I1.01%
Avalon Technologies LimitedLong-term · Stage I0.97%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-76.3%04 Jan 2008 → 23 Mar 2020
Fell over 12.2 years, back to the old high on 23 Sep 2024 — 4.5 years under water after the low.
-33.9%10 May 2006 → 14 Jun 2006
Fell over 35 days, back to the old high on 03 Nov 2006 — 5 months under water after the low.
-32.2%01 Oct 2024 → 03 Mar 2025
Still below that high — 5 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹5,855Cr

April - June 2026

+11%

since January - March 2026

+₹173.85Cr

est. net flow, last quarter

At or near its largest, ₹5,855Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

DSP Mutual Fund is run by DSP Asset Managers, part of the DSP Group, a Mumbai financial firm whose broking lineage runs back to 1860. The house operated as a joint venture with BlackRock — and Merrill Lynch before it — until the DSP family bought out the foreign stake in 2018.

Launched

15 Dec 1996

Total AUM

₹2,29,802Cr+2.0% QoQ

Avg AUM · April - June 2026

Website

dspim.com

Fund Managers

RSRohit SinghaniaStart date not disclosed

Role

Co Head – Equities and Fund Manager

Education

B.Com. MMS (Finance) Mumbai University

Experience

Over 24 years of experience as detailed under: From April 2023 to present: Equities Investment team - Research Analyst - DSPAM. From September, 2005 to March 2023: Joined as Portfolio Analyst in firm’s PMS division. Transferred to Equities Investment team in June 2009 as Research Analyst - DSPIM. Previously, he was with HDFC Securities Limited as a part of its Institutional Equities Research Desk. He spent 13 months at HDFC Securities as Sr. Equity Analyst. Prior to HDFC securities, he was employed with IL&FS Investmart Limited as Equity Analyst.

Funds managed (5)

All schemes Rohit Singhania runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Rohit Singhania

Top holdings

Reliance Industries Limited NTPC Limited Larsen & Toubro Limited Apollo Hospitals Enterprise Limited Bharti Airtel Limited Bharat Electronics Limited Hindustan Aeronautics Limited Oil & Natural Gas Corporation Limited Ultratech Cement Limited Coal India Limited Siemens Limited Kirloskar Oil Engines Limited

DSP in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Sectoral & Thematic funds

Sectoral and thematic funds must keep at least 80% in the equity of one sector (banking, pharma, technology) or one theme (consumption, manufacturing, ESG). That concentration is the point and the risk: with no mandate to diversify away from the sector, the fund rises and falls with it.

Frequently asked questions

What is the NAV of DSP India T.I.G.E.R. Fund?

As of 05 Oct 2026, the NAV of DSP India T.I.G.E.R. Fund is ₹29.95 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has DSP India T.I.G.E.R. Fund delivered?

DSP India T.I.G.E.R. Fund has returned +1.45% over 1 year, +8.52% per year over 3 years, +8.78% per year over 5 years and +2.04% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund charges an expense ratio of 2.03% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund's largest holdings are Reliance Industries Limited (6.7%), NTPC Limited (4.7%), Larsen & Toubro Limited (4.4%), Apollo Hospitals Enterprise Limited (4.2%) and Bharti Airtel Limited (2.8%). Holdings are disclosed monthly and change over time.

How risky is DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 19.0% and its worst peak-to-trough fall in our sample was -76.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.11 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP India T.I.G.E.R. Fund's 0.11 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund is benchmarked against the BSE India Infrastructure TRI. Its alpha and beta on this page are measured against that index.

Who manages DSP India T.I.G.E.R. Fund?

DSP India T.I.G.E.R. Fund is managed by Rohit Singhania at DSP.

How is DSP India T.I.G.E.R. Fund taxed?

DSP India T.I.G.E.R. Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.