Investment Objective and Approach

The primary investment objective of the scheme is to seek to generate consistent returns by predominantly investing in equity and equity related securities of pharmaceutical and healthcare companies. The DSP Healthcare Fund is a Sectoral/thematic mutual fund scheme that invests in companies within the healthcare theme.

The fund's investment approach focuses on:

- Diversified Healthcare Exposure: Even though the DSP Healthcare Fund is a thematic fund, it is diversified across multiple sectors like pharmaceuticals, hospitals, diagnostic centres, global medical equipment, health insurance, etc.

- International Diversification: Up to 25% international exposure not only provides richer diversification (low correlation to Indian healthcare companies), it also provides exposure investment opportunities in advanced areas of life sciences which are relatively less developed in India

- Structural Growth Theme: Healthcare is also a structural theme due to rising per capita income, increasing insurance penetration, growing government expenditure, and rising FDIs in healthcare

- Conservative Sector Characteristics: Since Healthcare is a moderately conservative theme it can possibly produce more consistent returns across investment cycles compared to cyclical industries. Historical data shows that the healthcare index is less volatile than broad-based indices like the Sensex

The fund's benchmark is BSE Healthcare TRI with NIFTY 50 TRI as an additional benchmark.

Fund Managers

Jay Kothari, Chirag Dagli, with an extensive experience of 15 years while managing equity & related investments. He is focused on picking quality companies and holds them for a long duration to generate good compounding returns in their funds.

Jay Kothari - Senior Vice President & Fund Manager

Jay Kothari works at DSP BlackRock Investment Managers, where he has worked since May 2005, and has been vice president and product strategist since January 2011. Jay completed his Bachelor of Management Studies (Finance and International Finance) from Mumbai University, followed by an MBA in Finance from Mumbai University.

Chirag Dagli - Vice President, Equity

Now, with a rich career spanning over two decades, Chirag brings a wealth of experience and expertise to the table. Chirag's impressive professional journey spans stints at HDFC AMC, Aviva Life, ICICI Securities and more. As a chartered accountant with a bachelor's degree in commerce, I'm sure Chirag's analytical prowess and financial acumen shine through in his investment philosophy.

His role as the fund manager for the healthcare fund at DSP Mutual Fund reflects his deep understanding of the pharma and healthcare sectors, both in India and internationally.

About the Fund House (AMC)

DSP Investment Managers Private Limited is one of India's leading asset management companies with a rich legacy in financial services.

Key Details:

- It is registered with SEBI with the registration code MF/036/97/7.

- As of 31 March 2024, DSP Mutual Fund has 372 schemes and an AuM of 148063.36 Crores.

- AUM ₹187,436.30 Cr.

Heritage and Leadership:

The group has had associations with Merrill Lynch, an American investing and wealth management wing of the Bank of America, Dresdner Bank, AG, DSP Merrill Lynch Ltd. came to light on 23 December 1975 in Mumbai. DSP Group is currently led by Mr. Hemendra Kothari.

Fund-Specific Information:

- Launch Date: The DSP Healthcare Fund was launched on Nov 12 2018.

- AUM: The AUM of DSP Healthcare Fund, is ₹2961.36 crore. (as of June 2025)

- Expense Ratio: The expense ratio of DSP Healthcare Fund is 0.62% for direct plan

- Performance: The fund has delivered a CAGR of 24.34 since inception.

Should I Invest in DSP Healthcare Fund?

Investment Considerations:

Suitable For:

- Investors with long-term investment horizon (minimum 7 years)

- Those seeking exposure to the healthcare sector's structural growth story

- Investors comfortable with sectoral concentration risk

- Those looking for international diversification within healthcare theme

Key Benefits:

- Growth Potential: As our economy grows, the healthcare theme has the potential to create wealth for investors over a long investment horizon.

- Structural Trends: Historical trends from developed markets like the US show that medical costs rise with growth in per capita income (Source: American Medical Association) Since India's per capita income is expected to grow significantly in the coming decades, the long-term outlook for the healthcare theme is promising

- Lower Volatility: Healthcare sector traditionally shows lower volatility compared to broader market indices

Important Considerations:

- Warning: Do not invest in this, or any other pharma sector fund, if you need to redeem your investment in less than seven years.

- But if you do invest, you must do so only through the SIP route.

- We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one.

The fund is best suited for investors who understand sectoral risks and have a long-term investment perspective to benefit from the healthcare sector's structural growth story.

FAQs

What is today's NAV of DSP Healthcare Fund?

The NAV changes daily based on market movements. The NAV of DSP Healthcare Fund on Jun 25 2025, is ₹42.179 Check the latest NAV on Allvest platform for current pricing.

What is the AUM of DSP Healthcare Fund?

The AUM of DSP Healthcare Fund, is ₹2961.36 crore. (as of June 2025). AUM figures are updated monthly by the fund house.

What is the expense ratio of DSP Healthcare Fund?

The expense ratio of DSP Healthcare Fund is 0.62% for the direct plan. Regular plans have higher expense ratios due to distributor commissions.

What are the returns of DSP Healthcare Fund since inception?

The fund has delivered a CAGR of 24.34 since inception. The DSP Healthcare Fund was launched on Nov 12 2018. Past performance doesn't guarantee future returns.

What is the minimum SIP amount to invest in DSP Healthcare Fund?

The minimum SIP for DSP Healthcare Fund is ₹100. Minimum Lumpsum Investment is ₹100.

How do I invest in DSP Healthcare Fund?

You can invest through Allvest platform easily. Create an account, complete your KYC, and start investing in DSP Healthcare Fund through SIP or lumpsum modes with just a few clicks.

How to start a SIP in DSP Healthcare Fund?

Log into your Allvest account, select DSP Healthcare Fund, choose SIP option, set your investment amount (minimum ₹100) and frequency. The SIP will auto-debit from your linked bank account.

How do I automate an SIP in DSP Healthcare Fund?

Through Allvest, set up auto-debit instructions during SIP creation. Your bank account will be automatically debited on chosen dates, ensuring consistent investments without manual intervention.

How can I withdraw/redeem my investment in DSP Healthcare Fund?

On Allvest platform, go to your portfolio, select DSP Healthcare Fund, choose redemption amount and submit request. You will receive your funds within three working days of placing the order.