Fundalysisby DARKHORSESTOCKS

Fund manager · DSP

Ravi Gehani

Fund Manager for Commodity Funds- Passive Investments at DSP. Runs 2 schemes worth ₹4,207 Cr.

  • Fund house

    DSPThey run their schemes at DSP.

  • AUM they run

    ₹4,207 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

    2 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024. On 1 more scheme for a slice of it: overseas, gold or arbitrage.

  • Experience

    9 yearsOver 9 years of experience

Profile(DSP's SAI, 1 Oct 2026)

About

Role
Fund Manager for Commodity Funds- Passive Investments
Studied
M.M.S (Finance)- University of Mumbai
Age
35 years
Experience
Over 9 years of experience

Schemes now3

  1. DSP Multi Asset Allocation Fund₹10,820 Cr
  2. DSP Gold ETF₹2,841 Cr
  3. DSP Silver ETF₹1,366 Cr

AUM they run(Aug 2023 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 20264,207−3.3%
Aug 20264,351+16.5%
Jul 20263,734−0.1%
Jun 20263,739−12.2%
May 20264,257+8.0%
Apr 20263,940+4.7%
Mar 20263,764−11.8%
Feb 20264,267−20.0%
Jan 20265,336+44.1%
Dec 20253,703+28.3%
Nov 20252,885+11.4%
Oct 20252,590+0.5%
AUM at month end, Sept 2026
₹4,207 Cr
+62.4% since Oct 2025
Fig. 1.The AUM of the schemes Ravi Gehani 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(Aug 2022 – now)

  1. Silver ETF
  2. Gold ETF
  3. Multi Asset Allocation Fund
DSP2023202420252026
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(Aug 2022 – now)

DSP

3 now · since Aug 2022
  1. DSP Multi Asset Allocation Fund
    CommoditiesSept 2023—3y 2m₹10,820 CrMulti Asset AllocationTER 0.62%
  2. DSP Gold ETF
    Fund managerApr 2023—3y 7m₹2,841 CrGoldTER 0.64%

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

Performance(2 schemes)

Growth · Regular plans

Return as manager
−27.45%
Beat peers
0 of 1
vs peers
−62.52 pt
Longest run
4.2 years
Beat benchmark
Upcoming
Each scheme Ravi Gehani ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
DSP Silver ETF
Aug '22–now · 4.2y
−20.98%––––
DSP Gold ETF
Apr '23–now · 3.5y
−33.91%+28.61%−62.52 pt––
Fig. 1.Each scheme Ravi Gehani ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(2 now)

  1. Aparna KarnikMulti Asset Allocation Fund1 scheme
  2. Shantanu GodambeMulti Asset Allocation Fund1 scheme

Career(Apr 2015 – now)

From

  1. Position not stated
    Apr 2023—3y 7m

Dealer ETFs and Passive Investments- DSPAM. From

  1. Position not stated
    May 2022—Mar 202311m

Dealer ETFs and Passive Investments- DSPIM. From

  1. Position not stated
    Mar 2017—Apr 20225y 2m

Assistant Manager, Bullion Price Risk and Operations- Muthoot Exim Pvt Ltd. From

  1. Position not stated
    Apr 2015—Jan 201610m

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