We Invest in India With Conviction.
And With You.

India's growth is real – and complex. We find opportunity with data-led discipline and earn trust through alignment.

Our Role is Not to Pitch 'India'

Doing right by investors means pursuing the generational opportunities on offer while also managing the risks.

Our Role is Not to Pitch 'India'

Doing right by investors means pursuing the generational opportunities on offer while also managing the risks.

But

The India Positives Are Real…

13.3% INR-based annualised equity returns

Jan 2016 - 2026.

Source

The India Positives Are Real…

7.3% FY26 GDP Forecast is robust

making it a "key growth engine for the world" (IMF).

Source

The India Positives Are Real…

>60% of GDP from domestic demand reflecting

one of the world's largest consumer markets & lower reliance on exports.

Source

The Risks Must Be Managed...

9.9% USD-based annualised returns

over the same period due to 30.1% cumulative INR depreciation.

Source

The Risks Must Be Managed...

Private-investment to GDP ratio range-bound

at around 12% of GDP since 2011-12.

Source

The Risks Must Be Managed...

~15% Youth unemployment

indicating that job creation has not kept pace with working-age population, constraining spending power.

Source
Inside the Family Office, featuring Vikram Desai, President, DSP Group

We Invest With Data-Led Conviction and Process Discipline

By making investing decisions based on analytical insights and holding investment frameworks sacred, we stay true to our convictions without being swayed by market sentiment. 

Supreme Industries

PVC Pipe Manufacturer.

  • 11 kg per-capita PVC pipe consumption (vs. 30 kg world average)
  • ~12-14% market share (largest in India)
  • Strong focus on ROCE (~50% market is unorganized)
  • Average ~25% ROE in the last decade

23.33%

Annualised Return 2010-25

Download the Case Study

Phoenix Mills

Mall Owner and Operator

  • Pioneer in retail-led mixed-use development in India
  • 10.94 Mn Sq. ft. leasable area across 9 malls in 6 cities
  • 40%+ return ratio in flagship malls & 22%+ in top 4 malls

15.74%

Annualised Return 2010-25

Download the Case Study

We Align Our Interests With Yours

The founding family and employees invest in DSP funds alongside clients. Having skin in the game ensures that we prioritize long-term value over short-term market shifts.

Seed Capital in New Strategies

15–20%
Strategies

Contributed by

DSP Shareholders & Employees

DSP Family's Mutual Fund Investments

99.5%
Investment

in

DSP Funds

Insights

7 SEES
JUN 11, 2025

India’s Investment to GDP Ratio Just Peaked After a Decade-Long Plateau

ADITI kothari DESAI

inside-insights-banner

India invested $1 trillion in 2024 alone—its strongest capital formation push in over a decade.

Read more
7 SEES
JUN 11, 2025

India’s Investment to GDP Ratio Just Peaked After a Decade-Long Plateau

ADITI kothari DESAI

inside-insights-banner

India invested $1 trillion in 2024 alone—its strongest capital formation push in over a decade.

Read more
7 SEES
JUN 11, 2025

India’s Investment to GDP Ratio Just Peaked After a Decade-Long Plateau

ADITI kothari DESAI

inside-insights-banner

India invested $1 trillion in 2024 alone—its strongest capital formation push in over a decade.

Read more
7 SEES
JUN 11, 2025

India’s Investment to GDP Ratio Just Peaked After a Decade-Long Plateau

ADITI kothari DESAI

inside-insights-banner

India invested $1 trillion in 2024 alone—its strongest capital formation push in over a decade.

Read more
7 SEES
JUN 11, 2025

India’s Investment to GDP Ratio Just Peaked After a Decade-Long Plateau

ADITI kothari DESAI

inside-insights-banner

India invested $1 trillion in 2024 alone—its strongest capital formation push in over a decade.

Read more
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Investment Avenues

invest-avenue

Public Equity / Fixed Income

Actively managed strategies across listed equities and credit.

Learn more
invest-avenue

Hedge Funds

Long-short and absolute return strategies for a volatile market.

Learn more
invest-avenue

Pre IPO / Private Markets

Curated private equity and growth-stage opportunities in the context of an active IPO market.

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A 160 Year Legacy of Innovation & Partnership

Rooted in DSP India’s 160+ year legacy of pioneering India’s first stock exchange, and forging groundbreaking global partnerships with Merrill Lynch and BlackRock, DSP International enables global investors to participate in India’s generational transformation through curated public and private market strategies. With a long-term mindset, process discipline, local insight, and transparency about the risk-reward of investing in India, we offer a distinctive approach to navigating India’s opportunities.

Connect With Us

Subscribe to 7Sees, our newsletter on India market intelligence, or talk to our team for personalized guidance on India investment avenues.

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DISCLAIMER

Investment in the Fund involves certain risk factors and considerations relating to the Fund's structure and investment objective, which a prospective investor should evaluate before making a decision to invest in the Fund. No assurance can be given that the Fund will succeed in meeting its investment objective or that there will be any return on capital. Moreover, past performance is not a guarantee of future results. Please refer to the Section ‘Risk Factors’ provided in the Prospectus & Supplement for further details.

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DSP International UK Ltd (FRN: 1004912) is an Appointed Representative of Thornbridge Investment Management LLP. Thornbridge Investment Management LLP is authorised and regulated by the Financial Conduct Authority (FRN: 713859)
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