DSP India T.I.G.E.R Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 4, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
DSP India T.I.G.E.R Fund Direct Growth Plan is at ₹390.627 as of 17 Sep 2026, with scheme AUM of ₹6,467 Cr. Its 1-year, 3-year and 5-year returns are 11.71%, 19.21% and 20.62% respectively, and the fund sits in the High Risk category. Our view is that this is a high-conviction equity fund for investors who can accept sharper swings in pursuit of stronger long-term compounding, but the recent dip versus its longer trend means short-term patience matters.
The fund has also moved above its benchmark over the longer horizon, while the portfolio mix and sizable cash and derivative exposure suggest a style that may behave differently from a plain market index. That can make it useful as a satellite equity allocation rather than a core low-volatility holding.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹390.627 as of 17 Sep 2026 |
| AUM | ₹6,467 Cr |
| Expense Ratio | 0.66% |
| Launch Date | 01 Jan 2013 |
| Min SIP | ₹100 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Equity |
| Exit Load | 1% before 12M, Nil on or after 12M |
| Fund Managers | Rohit Singhania |
The fund is managed by Rohit Singhania.
Source data date: as of 17 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -2.7% | -3.66% |
| 3M | -1.5% | -3.71% |
| 1Y | 11.71% | -7.13% |
| 3Y | 19.21% | 5.82% |
| 5Y | 20.62% | 5.72% |
The short-term picture is weaker than the 3-year and 5-year pattern. Over 1 month and 3 months, the fund stayed negative, but it still held up better than the benchmark in both windows, which suggests relative resilience rather than outright strength.
The longer view is much more constructive. The fund’s 1-year return is positive even though the benchmark is negative, and the 3-year and 5-year numbers stay comfortably above the benchmark. That tells us the scheme has historically done a better job of compounding through a full cycle than the index it is measured against.
The recent softness does matter, though, because it shows the path has not been smooth. The pattern of recovery over the 1-year and multi-year periods points to a strategy that can absorb drawdowns and then rebuild, but investors should expect that the journey may be uneven. In our view, the current return profile still favors a longer holding period over a trading mindset.
The benchmark comparison also highlights that this is not behaving like a simple index tracker. The gap has been especially clear over 3 years and 5 years, where the fund has outpaced the benchmark by a wide margin. That is a meaningful sign of active portfolio impact, even if recent months have been softer.
Source data date: as of 17 Sep 2026
Should you BUY or HOLD DSP India T.I.G.E.R?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding DSP India T.I.G.E.R? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| DSP India T.I.G.E.R Fund Direct Growth Plan | 11.71% | 19.21% | 20.62% |
| ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan | 69.8% | 36.32% | Data not available |
| HDFC Pharma and Healthcare Fund Direct Growth Plan | 25.31% | Data not available | Data not available |
| Kotak Healthcare Fund Direct Growth Plan | 25.27% | Data not available | Data not available |
| Motilal Oswal Active Momentum Fund Direct Growth Plan | 24.51% | Data not available | Data not available |
| PGIM India Healthcare Fund Direct Growth Plan | 22.75% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. The fund’s 1-year return is well below the strongest peer figures shown here, but its 3-year return remains competitive against the only peer with a 3-year figure in this set. The longer-term story is also more balanced than the short-term one: the fund’s 5-year return is solid, while several peers do not have 3-year or 5-year data available in this comparison. That makes the fund look more established on a multi-year basis, even though its one-year result is modest relative to some sector- and theme-oriented peers.
Source data date: as of 17 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| TREPS / Reverse Repo Investments | Cash & Cash Equivalents and Net Assets | 11.14% |
| Reliance Industries Limited | Crude Oil | 6.69% |
| Nifty Sep26 | Derivatives-Futures | 5.82% |
| NTPC Limited | Power | 4.68% |
| Larsen & Toubro Limited | Infrastructure | 4.44% |
| Apollo Hospitals Enterprise Limited | Healthcare | 4.15% |
| Bharti Airtel Limited | Telecom | 2.83% |
| Bharat Electronics Limited | Capital Goods | 2.62% |
| Hindustan Aeronautics Limited | Capital Goods | 2.41% |
| Oil & Natural Gas Corporation Limited | Crude Oil | 2.11% |
The largest disclosed holding is TREPS / Reverse Repo Investments at 11.14%, which is a meaningful cash-and-equivalent allocation and may help temper day-to-day swings. After that, the weights step down fairly quickly: Reliance Industries Limited is 6.69%, while the tenth holding is 2.11%. That decline suggests the portfolio is not relying on one or two very large equity bets alone, even though the top slice is still important.
The top 10 holdings account for approximately 46.89% of the portfolio, and the fund discloses 53 holdings in total. That combination points to a portfolio that is partly concentrated in the leading positions but also spread across a longer tail. In practical terms, the bigger holdings are likely to have greater influence on performance, while the remaining positions may contribute diversification without dominating the overall outcome.
We also note the presence of a futures position among the top holdings. That can make the portfolio behave differently from a simple cash equity basket, so investors should be comfortable with a strategy that may use cash, large-cap equities and derivative exposure together.
To see all holdings, visit the DSP India T.I.G.E.R Fund Direct Growth Plan page
Source data date: as of 17 Sep 2026
Who should invest
This fund fits investors with a high risk tolerance and a longer investment horizon, especially those who can stay invested through short-term weakness. The 1-year, 3-year and 5-year pattern shows that the fund has had a weaker recent stretch, but a much stronger multi-year record relative to the benchmark.
The portfolio mix also matters: the presence of cash equivalents, large-cap equities and a derivatives position suggests the fund may not move in lockstep with a plain index fund. That can be helpful for investors who want active equity exposure, but it also means they must accept a less predictable path than a low-risk, passive style. The main trade-off is higher variability in exchange for the possibility of stronger long-term compounding.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 1% before 12 months; nil on or after 12 months.
Source data date: as of 17 Sep 2026
Frequently asked questions
What is the current NAV of DSP India T.I.G.E.R Fund Direct Growth Plan?
The current NAV is ₹390.627 as of 17 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The fund’s returns are 11.71% over 1 year, 19.21% over 3 years and 20.62% over 5 years.
How does this fund compare with Nifty 50?
It has outpaced Nifty 50 over 1 year, 3 years and 5 years. The gap is especially wide over the longer periods, while the recent 1-month and 3-month numbers have still been slightly better than the benchmark.
How does it compare with the peer funds shown here?
Its 1-year return is lower than several of the peer funds listed, but its 3-year return remains strong versus the only peer in this set with a 3-year figure. The 5-year comparison is more limited because several peers do not have a 5-year figure shown.
What is the minimum SIP amount?
The minimum SIP amount is ₹100.
Who manages the fund and what is the exit load?
Rohit Singhania manages the fund. The exit load is 1% before 12 months and nil on or after 12 months.
Bottom line
DSP India T.I.G.E.R Fund Direct Growth Plan looks stronger over multi-year periods than in the recent few months, and that makes the fund better suited to patient investors than to those who need smooth short-term returns. Its long-term numbers stand above the benchmark, while the latest stretch has been softer. The portfolio is also not a simple market clone: cash-equivalent exposure, large-cap names and a derivatives position may all influence outcomes. For investors comfortable with High Risk equity exposure and a longer horizon, it can serve as an active satellite allocation.
Published on 18 September 2026 at 2:57 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.