DSP Merrill Lynch mutual fund is one of the top-notch mutual funds in India with assets of over Rs.10,980 crore under its management as of Aug 2006. The sponsor of the fund is DSP Merrill Lynch Limited, one of India's largest investment bankers.
DSP Merrill Lynch is a joint venture between securities and brokerage
firm D. S. Purbhoodas & CO. and investment bank Merrill Lynch.
Merrill Lynch is one of the world's leading wealth management, capital
markets and advisory companies, with offices in 36 countries and total
client assets of approximately $1.8 trillion. Merrill Lynch holds 40 per
cent stake in the joint venture.
DSP Merrill Lynch Fund Managers, a subsidiary of DSP Merrill Lynch, is
the investment manager to DSP Merrill Lynch Mutual Fund. The AMC has
Hemendra Kothari, David Graham of Merrill Lynch, Omkar Goswami and
Piyush Mankad, former union finance secretary among its directors. The
fund management team is headed by S Naganath, chief investment officer.
Here is a list of mutual funds of DSP Merrill Lynch which includes
Fixed Income Fund, Hybrid Funds and Equity Funds.