Fundalysisby DARKHORSESTOCKS

Scheme

DSP Natural Resources New Energy Fund

Holds 24 companies worth ₹2,046 Cr in Sept 2026.

  • Fund house

    DSPThe fund house that runs this scheme.

  • AUM

    ₹2,528 CrDSP Natural Resources New Energy Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 1.8% on Aug 2026, ₹2,574 Cr.

  • Largest holding

    Tata Steel LimitedTata Steel Limited is 8.4% of this scheme's NAV.

  • Fund manager

    Rohit SinghaniaRuns it since 1 Jul 2012, as the fund house dates it.

Overview(6 Oct 2026)

Fund managers1

  1. Rohit SinghaniaFund manager, equity · Jul 2012 · 23y · MMS B.Com

    Key facts

    Benchmark
    35% BSE Oil & Gas Index + 30% BSE Metal Index + 35% MSCI World Energy 30% Buffer 10/40 Net Total Return
    Risk
    Very High
    Expense
    Regular 2.11% · Direct 1%
    Exit load
    Nil
    Started
    25 Apr 2008
    Minimum
    ₹100

    Source.Its Scheme Summary Document as of 6 Oct 2026 at AMFI.

    What changed(67 changes)

    Aug 2026

    4 changes
    2. Category
      26 AugSectoral/Thematic Fund → Thematic Fund

    Jul 2026

    5 changes

    Jun 2026

    7 changes

    Source.Its filings at NSE, since Aug 2024.

    Fund managers over time(Jul 2012 – now)

    1. Rohit Singhania
    MainCoSlice2013201520172019202120232025
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Aug 2024 – Oct 2026)

    Every change to the expense ratio, newest first.
    67 changesRegularDirectΔ pt
    31 Aug 20262.11%1.00%0.02
    21 Aug 20262.13%1.02%0.01
    12 Aug 20262.14%1.03%0.05
    28 Jul 20262.19%1.08%0
    17 Jul 20262.18%1.08%0.04
    8 Jul 20262.18%1.04%0.01
    6 Jul 20262.18%1.05%0.01
    1 Jul 20262.19%1.06%0.22
    17 Jun 20261.97%0.84%0.14
    16 Jun 20262.11%0.98%0.15
    15 Jun 20261.97%0.83%0.06
    12 Jun 20262.03%0.89%0.07
    10 Jun 20262.10%0.96%0.70
    4 Jun 20262.80%1.66%0.84
    1 Jun 20261.96%0.82%1.31
    28 May 20263.27%2.13%0.95
    26 May 20262.32%1.18%0.33
    25 May 20261.99%0.85%0.02
    20 May 20262.01%0.87%0.80
    19 May 20262.81%1.67%0.84
    29 Apr 20261.97%0.83%0.68
    28 Apr 20262.65%1.51%0.67
    26 Apr 20261.98%0.84%0.01
    23 Apr 20261.99%0.85%0.56
    20 Apr 20262.55%1.41%0.57
    19 Apr 20261.98%0.84%0.84
    15 Apr 20262.82%1.68%1.21
    14 Apr 20264.03%2.89%1.15
    13 Apr 20262.88%1.74%0.88
    9 Apr 20261.99%0.86%0.15
    6 Apr 20262.15%1.01%0.20
    5 Mar 20261.98%0.81%0.03
    19 Feb 20262.01%0.84%0.04
    10 Feb 20262.01%0.88%0.01
    1 Feb 20262.02%0.89%0.04
    29 Jan 20262.02%0.85%0.01
    26 Jan 20262.03%0.86%0.01
    4 Jan 20262.04%0.87%0.02
    23 Dec 20252.06%0.89%0.01
    28 Nov 20252.07%0.90%0.03
    28 Oct 20252.06%0.87%0.01
    3 Oct 20252.07%0.88%0.06
    19 Sept 20252.08%0.94%0.01
    20 Aug 20252.09%0.95%0.01
    6 Aug 20252.10%0.96%0.01
    30 Jun 20252.09%0.95%0.04
    27 Jun 20252.10%0.99%0.01
    15 May 20252.11%1.00%0.01
    5 May 20252.12%1.01%0.09
    21 Apr 20252.15%1.10%0.01
    17 Apr 20252.16%1.11%0.02
    7 Apr 20252.14%1.09%0.01
    7 Mar 20252.13%1.08%0.01
    3 Mar 20252.14%1.09%0.06
    11 Feb 20252.13%1.03%0.01
    28 Jan 20252.12%1.02%0.01
    27 Jan 20252.12%1.01%0.01
    17 Dec 20242.11%1.00%0.01
    2 Dec 20242.10%0.99%0
    24 Oct 20242.11%0.99%0.01
    8 Oct 20242.10%0.98%0.01
    7 Oct 20242.11%0.99%0.02
    30 Sept 20242.09%0.97%0.01
    28 Aug 20242.10%0.98%0.01
    27 Aug 20242.10%0.97%0
    26 Aug 20242.09%0.97%0.01
    21 Aug 20242.10%0.98%–
    Direct plan, 31 Aug 2026
    1.00%
    Regular plan 2.11% · Exit load nil
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

    Objective and risk(6 Oct 2026)

    Objective

    The primary investment objective of the Scheme is to seek to generate capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies/ entities domiciled in India whose pre-dominant economic activity is in the: a. discovery, development, production, or distribution of natural resources, viz., energy, mining etc.; b. alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies. The Scheme may also invest a certain portion of its corpus in the equity and equity related securities of companies/entities domiciled overseas, which are principally engaged in the discovery, development, production or distribution of natural resources and alternative energy and/or the units/shares of overseas mutual fund schemes such as BGF Sustainable Energy Fund, BGF World Energy Fund and others. There is no assurance that the investment objective of the Scheme will be achieved.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Very High
    Type
    An open ended equity scheme investing in Natural Resources and Alternative Energy Theme
    Benchmark
    35% BSE Oil & Gas Index + 30% BSE Metal Index + 35% MSCI World Energy 30% Buffer 10/40 Net Total Return

    Asset allocation it may hold% of NAV

    1. 1. Equity and Equity related instruments of companies/ entities and principally engaged in the discovery, development, production or distribution of Natural Resources and Alternative Energy
      Allowed80–100%Holds80.9%
    2. 2. Other Equity and Equity related instruments/ Money Market Instruments / InvITs/ Gold ETFs / Silver ETFs / Other Liquid Instruments / Units of Domestic Mutual Funds
      Allowed0–20%

    Holds in Sept 2026.80.9% equity · 19.1% debt and cash

    How to invest(6 Oct 2026)

    Buying

    To start
    ₹100, then in multiples of ₹1
    To add
    ₹100, then in multiples of ₹1
    Systematic
    SIP Daily, Weekly, Monthly, Quarterly, Half-Yearly and Yearly SWP Weekly, Monthly, Quarterly, Half-Yearly and Yearly STP Daily, Weekly, Monthly, Quarterly, Half-Yearly and Yearly *Weekly Monday to Friday
    Dates
    Any date
    Minimum
    ₹100, then in multiples of ₹1
    Instalments
    SIP - 12, SWP & STP - 6

    Selling and switching

    To redeem
    ₹0.01 or 0.001 units
    Switch minimum
    ₹100 or 0.001 units
    Switch multiples
    ₹0.01 or 0.001 units

    Scheme details(6 Oct 2026)

    What it is

    Category
    Thematic Fund
    Offer
    3 Mar 2008 to 31 Mar 2008
    Started
    25 Apr 2008
    Reopened
    29 Apr 2008
    Plans
    Regular Plan & Direct Plan Growth Income Distribution cum Capital Withdrawal option (IDCW) - Payout of Income Distribution cum Capital Withdrawal (IDCW) - Reinvestment of Income Distribution cum Capital Withdrawal (IDCW) Default Option - Growth Option in case Growth Option or Income Distribution cum Capital Withdrawal (IDCW) Option is not indicated. - Payout sub-option in case Payout of IDCW Option or Reinvestment of IDCW Option is not indicated.
    Face value
    ₹10
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    No
    Custodian
    HSBC
    Auditor
    S.R. Batliboi & Co LLP
    Registrar
    Computer Age Management Services Limited
    SEBI code
    DSPM/O/E/SEC/08/02/0019