DSP India T.I.G.E.R Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

DSP India T.I.G.E.R Fund Direct Growth Plan currently has a NAV of ₹399.189 as of 03 Sep 2026 and a scheme AUM of ₹6,324 Cr. Its 1-year, 3-year and 5-year returns are 17.18%, 21.05% and 21.98% respectively, and the fund sits in the High Risk bucket.

Our view is that this is a return-led equity fund with a clear growth tilt, but it also carries meaningful volatility. It has stayed ahead of the Nifty 50 over 1, 3 and 5 years, and its portfolio includes a large cash-like allocation plus concentrated positions in energy, utilities, healthcare, infrastructure and capital goods, which makes it more suited to investors who can hold through uneven stretches.

Quick facts

Particular	Details
NAV	₹399.189 as of 03 Sep 2026
AUM	₹6,324 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 03 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	0.33%	-3.01%
3M	3.41%	1.95%
1Y	17.18%	-4.4%
3Y	21.05%	5.74%
5Y	21.98%	6.27%

The recent numbers are steadier than the benchmark, which has been choppier over the same windows. Over 1 month, the fund kept a small positive return while the Nifty 50 was negative, and over 3 months it also stayed ahead. That suggests the portfolio has been able to absorb short-term pressure better than the benchmark in the latest stretch.

The longer picture is stronger still. The fund’s 1-year, 3-year and 5-year returns all remain well above the benchmark, and the gap is especially wide over 1 and 5 years. That tells us the scheme has not only preserved its edge in the recent period, but also compounded meaningfully over multi-year periods.

The return path is not perfectly linear, though. The 3-year and 5-year figures point to a strong long-term compounding pattern, while the short-term series shows uneven movement rather than a straight climb. For investors, that means the fund has rewarded patience, but it has still behaved like a high-risk equity strategy that can move around before the trend asserts itself.

Source data date: as of 03 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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
DSP India T.I.G.E.R Fund Direct Growth Plan	17.18%	21.05%	21.98%
ICICI Pru Strategic Metal and Energy Equity FoF Direct Growth Plan	73.76%	36.82%	Data not available
SBI Automotive Opportunities Fund Direct Growth Plan	31.34%	Data not available	Data not available
Kotak Healthcare Fund Direct Growth Plan	28.01%	Data not available	Data not available
HDFC Pharma and Healthcare Fund Direct Growth Plan	27.49%	Data not available	Data not available
Aditya Birla SL Mfg. Equity Fund Direct Growth Plan	26.54%	22.36%	15.89%

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The fund’s 1-year return is lower than the strongest peer figures shown here, but its 3-year number is competitive with the available multi-year peer data. The 5-year return also stands above the only peer in this set with a usable 5-year figure, which supports the case that its longer-run compounding has been healthier than the short-run comparison might suggest. The short-term and long-term peer pictures are therefore different: the latest 1-year read does not lead this group, yet the multi-year record remains solid.

Source data date: as of 03 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
TREPS / Reverse Repo Investments	Cash & Cash Equivalents and Net Assets	11.91%
Reliance Industries Ltd	Crude Oil	6.76%
NTPC Ltd	Power	5.08%
Apollo Hospitals Enterprise Ltd	Healthcare	4.27%
Larsen & Toubro Ltd	Infrastructure	3.67%
Hindustan Aeronautics Ltd	Capital Goods	3.11%
Nifty Aug26	Derivatives-Futures	3.01%
Bharti Airtel Ltd	Telecom	2.65%
Bharat Electronics Ltd	Capital Goods	2.5%
Oil & Natural Gas Corporation Ltd	Crude Oil	2.26%

The top 10 holdings account for approximately 45.22% of the portfolio.

To see all holdings, visit the DSP India T.I.G.E.R Fund Direct Growth Plan page

The largest disclosed position is TREPS / Reverse Repo Investments at 11.91%, which gives the fund a meaningful cash-like buffer in the visible portfolio mix. After that, weight falls to 6.76% in Reliance Industries Ltd and then steps down again through NTPC Ltd at 5.08% and Apollo Hospitals Enterprise Ltd at 4.27%. That pattern suggests the fund is not built around one dominant equity bet.

The gap from the largest disclosed holding to the tenth is fairly wide, moving from 11.91% to 2.26%. At the same time, the combined weight of the top 10 holdings is 45.22%, so the visible book still leaves a substantial tail across the remaining disclosed positions. With 52 holdings disclosed in total, the portfolio may spread influence across a broad set of names even though the top layer remains important.

This structure could help explain why the fund has delivered strong longer-term returns while still moving unevenly in shorter windows. The mix of cash-like exposure, sector leaders and derivative usage may support flexibility, but it also means the path of returns is unlikely to be perfectly smooth.

Source data date: as of 03 Sep 2026

Who should invest

This fund suits investors who are comfortable with High Risk equity exposure and who can hold for a multi-year horizon. The 1-year return is positive, but the stronger message comes from the 3-year and 5-year figures, which show that patience has mattered more than short holding periods.

The main trade-off is clear: you get the chance to participate in a portfolio that has outpaced the benchmark over time, but you must also accept uneven short-term behaviour and a portfolio that is not narrowly defensive. Investors who want a steadier path may find the movement uncomfortable, while those who can tolerate volatility may see the return profile as more compelling.

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% if units are sold before 12 months; nil on or after 12 months.

Source data date: as of 03 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 ₹399.189 as of 03 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
Its 1-year return is 17.18%, the 3-year return is 21.05%, and the 5-year return is 21.98%.

How does the fund compare with the Nifty 50 benchmark?
It has outpaced the Nifty 50 across 1 month, 3 months, 1 year, 3 years and 5 years. The gap is especially wide over the longer windows.

How does it compare with the peer funds shown here?
Its 1-year return trails some of the peer figures shown, but its 3-year and 5-year numbers remain competitive within the set of available multi-year peer data. The longer-term picture is stronger than the shortest-term comparison.

What is the minimum SIP amount?
The minimum SIP amount is ₹100.

Who manages the fund and what is the exit load?
The fund is managed by Rohit Singhania. The exit load is 1% if units are sold before 12 months, and nil on or after 12 months.

Bottom line

DSP India T.I.G.E.R Fund Direct Growth Plan has a stronger long-term record than its shorter-term patch would suggest. Its return profile stays ahead of the benchmark over 1, 3 and 5 years, while the peer comparison shows that the fund’s longer-run compounding remains relevant even though some peers have stronger 1-year numbers. The High Risk label and the portfolio mix mean it is not a calm ride. Investors who can handle volatility and prefer a multi-year view may find the combination of performance and portfolio breadth more suitable.

Published on 4 September 2026 at 4:19 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.