DSP at a Glance
160+ Years
Group Legacy
Founding Members
Bombay Stock Exchange (BSE)
26+ Years
in Asset Management
30+ Years
of Global Partnerships, including Merrill Lynch and BlackRock
$27B
Total AUM as of April 2025
Unlocking Access to India – Responsibly, and With an Investor-First Mindset
“We believe that India is at an exciting inflection point, offering generational opportunities. Helping investors navigate this complex economy’s promise and pitfalls means offering nuanced guidance on investment strategies and the risk-reward of investing in India.”
DSP International is the global investment platform of DSP, offering India-focused long-term investment strategies to global institutional and professional investors considering investing in India.
We believe in the ‘India Opportunity.’
We believe that India is undergoing a generational transformation driven by multiple factors, including structural reforms, demographic tailwinds, world-class companies, institutional depth, and domestic consumption – all of which are compounding to drive the growth and resilience of its $4 trillion economy.
The real ‘India Opportunity.’
(It’s complicated.)
To stay true to doing right by investors, we must also acknowledge – and manage for – the risks associated with India. These include challenges in job creation, education, healthcare, and fiscal discipline, evolving business norms and regulations, currency depreciation, and market volatility.
We invest in India for you – and with you.
We align our interests with yours, and we are transparent about our process, convictions, wins, and shortfalls. DSP’s owners and employees invest alongside clients, providing 15–20% of seed capital in new DSP strategies. The DSP Family has X% of its net worth invested with DSP.
We believe in the
‘India Opportunity.’
We believe that India is undergoing a generational transformation driven by multiple factors, including structural reforms, demographic tailwinds, world-class companies, institutional depth, and domestic consumption – all of which are compounding to drive the growth and resilience of its $4 trillion economy.
The real ‘India Opportunity.’ (It’s complicated.)
To stay true to doing right by investors, we must also acknowledge – and manage for – the risks associated with India. These include challenges in job creation, education, healthcare, and fiscal discipline, evolving business norms and regulations, currency depreciation, and market volatility.
We invest in India for you - and with you.
We align our interests with yours, and we are transparent about our process, convictions, wins, and shortfalls. DSP’s owners and employees invest alongside clients, providing 15–20% of seed capital in new DSP strategies. The DSP Family has X% of its net worth invested with DSP.
Investment Routes We Provide
Investment Approach
Long-Term Bias
Investor-first mindset focused on compounding investor value over decades.
Committed to Integrity
Values-driven, principled, and transparent about our process and the risk-reward of investing in a dynamic market like India.
Process Discipline
Guided by proprietary research, data, and attention to governance that tunes out short-term noise in favour of conviction based on fundamentals.
"Investing in India requires an understanding of the economic, political, and cultural context and detailed risk management, all of which are covered through the discipline of our investing process."
The DSP Legacy
From Entrepreneurial Beginnings to an Institution of Trust
Founded in 1860, DSP is one of India’s oldest and most respected financial institutions. With a deep-rooted history of shaping the country’s capital markets, we have driven financial innovation in India, partnered with global financial leaders such as Merrill Lynch and BlackRock, and introduced pioneering Indian companies to public markets, while building a reputation for disciplined, long-term, fundamental investment strategies.
The DSP family commences its stockbroking business.
A DSP family member helps establish India's first stock exchange (now BSE).
Our former Chairman, Hemendra Kothari, joins the firm DS Purbhoodas, continuing the family legacy.
DSP Financial Consultants forms a partnership with Merrill Lynch, then the largest investment bank in the U.S.
Launch of DSP Merrill Lynch Ltd. (DSPML), the DSP Merrill Lynch joint venture for investment banking.
DSP Merrill Lynch Asset Management launches domestic equity and debt mutual fund schemes.
Renamed to DSP BlackRock Investment Managers after BlackRock's acquisition of Merrill Lynch's asset management business.
DSP Group acquires BlackRock's stake and rebrands as DSP Investment Managers.
DSP Investment Managers Pvt. Ltd. (DSPIM) demerged its asset management business to form DSP Asset Managers Pvt. Ltd. (DSPAM).
People and Culture
As a family-owned and professionally-managed firm, we blend an unwavering focus on integrity with institutional-grade expertise. Our 30-member investment team, seasoned with decades of experience and successful navigation of multiple market cycles in India, employs methodical, process-driven investing strategies and a disciplined approach to risk management, with a focus on long-term value creation for our investors.
We maintain a distinctive ‘small-firm culture’ marked by openness and innovation, which attracts top talent, speeds up decision-making, and develops new products with a focus on investor outcomes.
Aditi Kothari Desai
Chairperson - DSP Asset Managers
Vikram Desai
President - DSP Group and DSP Investments
Kalpen Parekh
MD & CEO - DSP Mutual Fund
Jay Kothari
Global Head - International Business
Vaishak Swamy
Managing Director & Head - Europe and Americas
Vinit Sambre
Head - Equities
Rohit Singhania
Co-Head Equities
Gaurav Pant
Head – AIF
Insights
India's Electronics Leap
Author : ADITI kothari DESAI
India’s electronics exports are rising sharply, but challenges remain in localizing high-tech components. Will India's focus shift to complete value chains or stay in low-tech assembly?
Read moreLayered With Sustainability
Author : ADITI kothari DESAI
This article invites HNIs to align their wealth with their values through sustainable investing. It highlights rising ESG trends in India and as well as globally.
Read moreIndia's Capex Revival
Author : ADITI kothari DESAI
India invested $1 trillion in 2024 alone—its strongest capital formation push in over a decade. With infrastructure, real estate, and private capex rising, is this the start of a new investment supercycle?
Read moreIndia's Capex Revival
Author : ADITI kothari DESAI
India invested $1 trillion in 2024 alone—its strongest capital formation push in over a decade. With infrastructure, real estate, and private capex rising, is this the start of a new investment supercycle?
Read more