Fundalysisby DARKHORSESTOCKS

Fund manager · DSP

Kunal Khudania

Fund Manager- Fixed Income at DSP. Runs 4 schemes worth ₹25,658 Cr.

  • Fund house

    DSPThey run their schemes at DSP.

  • AUM they run

    ₹25,658 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    4 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Jul 2025.

  • Experience

    8 years8 years

Profile(DSP's SAI, 1 Oct 2026)

About

Role
Fund Manager- Fixed Income
Studied
Chartered Accountant B.Com (Honors)
Age
33 years
Experience
8 years

Schemes now4

  1. DSP Liquid Fund Ex DSP Liquidity Fund₹24,726 Cr
  2. DSP Dynamic Term Fund Ex DSP Strategic Bond Fund₹607 Cr
  3. DSP Credit Risk Fund₹326 Cr
  4. DSP Financial Services Sectoral Debt FundAug 2026

AUM they run(Jul 2025 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 202625,658−11.1%
Aug 202628,869+16.1%
Jul 202624,871+22.4%
Jun 202620,320+4.7%
May 202619,405−17.4%
Apr 202623,485+31.4%
Mar 202617,878−19.3%
Feb 202622,164+24.5%
Jan 202617,806+1342.7%
Dec 20251,234−10.0%
Nov 20251,371−4.4%
Oct 20251,435−2.2%
AUM at month end, Sept 2026
₹25,658 Cr
+1688.3% since Oct 2025
Fig. 1.The AUM of the schemes Kunal Khudania ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Jul 2025 – now)

  1. Dynamic Term Fund Ex DSP Strategic Bond Fund
  2. Liquid Fund Ex DSP Liquidity Fund
  3. Credit Risk Fund
  4. Financial Services Sectoral Debt Fund
DSP2026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Jul 2025 – now)

DSP

4 now · since Jul 2025
  1. DSP Liquid Fund Ex DSP Liquidity Fund
    Co-managerJan 2026—10m₹24,726 CrLiquidTER 0.12%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(4 schemes)

Growth · Direct plans

Return as manager
+1.24%
Beat peers
0 of 1
vs peers
−2.39 pt
Longest run
1.3 years
Beat benchmark
Upcoming
Each scheme Kunal Khudania ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
DSP Dynamic Term Fund Ex DSP Strategic Bond Fund
Jul '25–now · 1.3y
+1.24%+3.63%−2.39 pt––
DSP Credit Risk Fund
Jan '26–now · 0.8y
+9.27%+5.69%+3.58 pt––
DSP Liquid Fund Ex DSP Liquidity Fund
Jan '26–now · 0.8y
+5.18%+5.13%+0.05 pt––
DSP Financial Services Sectoral Debt Fund
Aug '26–now · 0.1y
+0.52%––––
Fig. 1.Each scheme Kunal Khudania ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(5 now)

  1. Shalini VasantaLiquid Fund Ex DSP Liquidity Fund · Credit Risk Fund · Financial Services Sectoral Debt Fund3 schemes
  2. Karan MundhraLiquid Fund Ex DSP Liquidity Fund · Financial Services Sectoral Debt Fund2 schemes
  3. Sandeep YadavDynamic Term Fund Ex DSP Strategic Bond Fund1 scheme
  4. Shantanu GodambeDynamic Term Fund Ex DSP Strategic Bond Fund1 scheme
  5. Vivek RamakrishnanCredit Risk Fund1 scheme

Career(Jul 2016 – now)

From

  1. Position not stated
    Jul 2025—1y 4m

Fund Manager (Fixed Income) – DSP Asset Managers Private Limited From

  1. Position not stated
    Aug 2024—2y 3m

Dealer (Fixed Income) – DSP Asset Managers Private Limited From

  1. Position not stated
    Apr 2023—Aug 20241y 5m

Credit Analyst – DSP Asset Managers Private Limited From

  1. Position not stated
    Aug 2022—Mar 20238m

Credit Analyst – DSP Investment Managers Private Limited From

  1. Position not stated
    Mar 2017—Aug 20225y 6m

Credit Analyst – Mirae Asset Investment Managers India Private Limited From

  1. Position not stated
    Jul 2016—Mar 20179m

Source.DSP's Statement of Additional Information, as of 1 Oct 2026.