DSP Mutual Fund, which previously held 1.04 percent of GAIL (India) Limited, has disappeared from the company's latest disclosed shareholder list, indicating either a complete sale or a reduction to below the 1 percent reporting threshold.
India's integrated natural gas company operates an extensive pipeline network spanning over 11,500 kilometers for natural gas and 2,300 kilometers for LPG distribution. The Government of India undertaking manages LPG processing units, petrochemical facilities, and holds strategic interests in liquefied natural gas ventures and city gas distribution networks across several cities. GAIL maintains wholly owned international subsidiaries in Singapore and the United States to expand operations in LNG trading, petrochemicals, and shale gas assets.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.