DSP Natural Resources And New Energy Fund

ThematicDirect and Regular plans, Growth and IDCW options

Data as on 29-10-2026

DSP Natural Resources And New Energy Fund is a Thematic fund run by DSP Mutual Fund. On 30-09-2026, it managed ₹2,528 Cr of investors' money. In the 3 years to 29-10-2026, its Direct plan returned 19.0% a year and its Regular plan returned 17.7% a year.

NAV (Direct plan): ₹114.97; ▲ 0.56%29-10-2026
NAV (Regular plan): ₹101.85; ▲ 0.56%29-10-2026
Expense ratio: 1.00%Direct2.11%Regular; 1.00%; A year
Riskometer: Very High; Set by the fund house
3 year return: 19.0%Direct17.7%Regular; 19.0%; A year

DSP Natural Resources And New Energy Fund NAV Today

NAV on 29-10-2026: Direct Plan Growth ₹114.97 (up 0.56% that day); Regular Plan Growth ₹101.85 (up 0.56% that day).

This fund (Direct plan)

₹114.972

DSP Natural Resources And New Energy Fund Returns vs Thematic Funds

Returns as on 29-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−3.03%	−3.64%	−9.04%	+5.99%	+19.03%	+14.67%	+15.84%
This fund (Regular)	−3.12%	−3.91%	−9.55%	+4.79%	+17.70%	+13.39%	+14.68%
Thematic average	−2.09%	−4.52%	+0.86%	−1.22%	+13.76%	+11.62%	+13.76%
Best in Thematic	+11.54%	+11.27%	+22.16%	+75.71%	+54.78%	+21.14%	+19.31%
Worst in Thematic	−16.05%	−11.74%	−13.97%	−22.44%	−4.46%	+3.65%	+7.72%
Rank in Thematic	149/235	79/232	217/232	45/215	26/133	27/96	17/63

Category rows compare the Direct plans of 235 Thematic funds. Rank 1 is the highest return. This fund's benchmark is 35% BSE Oil & Gas Index +30% BSE Metal Index + 35% MSCI World Energy 30% Buffer 10/40 Net Total Return. Returns of that index are not available to us, so the category average is the comparison.

DSP Natural Resources And New Energy Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+2.41%	+1.45%
2025	+18.83%	+17.50%
2024	+15.17%	+13.90%
2023	+32.61%	+31.19%
2022	+11.07%	+9.80%
2021	+44.50%	+42.80%

DSP Natural Resources And New Energy Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,598 periods, one for each trading day from 04-01-2016 to 29-10-2026.

−20%−10%0%10%20%30%40%50%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

DSP Natural Resources And New Energy Fund (Direct)Category average, 235 Thematic funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,071	16.7%	−39.6%	128.5%	25%	13.0%	52%
2 years	2,837	20.8%	−23.4%	74.3%	11%	17.0%	56%
3 years	2,598	21.9%	−12.9%	44.3%	7%	17.8%	69%
5 years	2,114	18.3%	2.4%	36.1%	0%	16.2%	76%
7 years	1,640	17.4%	8.5%	23.3%	0%	15.6%	68%
10 years	915	19.3%	15.6%	22.4%	0%	16.2%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	18.9%	−52.8%	119.4%	25%	14.2%	53%
2 years	142	17.0%	−33.8%	61.6%	13%	15.0%	55%
3 years	130	21.5%	−25.4%	40.7%	10%	16.7%	68%
5 years	106	20.0%	−7.6%	33.8%	3%	17.1%	72%
7 years	82	19.7%	1.2%	25.9%	0%	17.5%	72%
10 years	46	18.7%	16.8%	22.5%	0%	17.1%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 235 Thematic funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

DSP Natural Resources And New Energy Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	DSP Natural Resources And New Energy Fund (Direct)This fund	Category average
Return (CAGR)	+5.99%	−1.54%
Standard deviation	13.98%	13.74%
Sharpe ratio	0.05	-0.49
Sortino ratio	0.07	-0.66
Maximum drawdown	−10.5% (23-10-2026)	−12.7% (30-03-2026)

From daily NAVs, 29-10-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	DSP Natural Resources And New Energy Fund (Direct)This fund	Category average
Return (CAGR)	+19.03%	+14.14%
Standard deviation	17.45%	13.39%
Sharpe ratio	0.74	0.61
Sortino ratio	1.00	0.82
Maximum drawdown	−21.7% (07-04-2025)	−18.5% (28-02-2025)

From daily NAVs, 27-10-2023 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	DSP Natural Resources And New Energy Fund (Direct)This fund	Category average
Return (CAGR)	+14.67%	+12.42%
Standard deviation	17.72%	13.09%
Sharpe ratio	0.50	0.51
Sortino ratio	0.67	0.68
Maximum drawdown	−24.3% (22-06-2022)	−18.5% (28-02-2025)

From daily NAVs, 29-10-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	DSP Natural Resources And New Energy Fund (Direct)This fund	Category average
Return (CAGR)	+15.84%	+14.61%
Standard deviation	19.73%	14.10%
Sharpe ratio	0.53	0.65
Sortino ratio	0.73	0.87
Maximum drawdown	−48.0% (23-03-2020)	−33.7% (23-03-2020)

From daily NAVs, 28-10-2016 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	DSP Natural Resources And New Energy Fund (Direct)This fund	Category average
Return (CAGR)	+16.76%	+15.22%
Standard deviation	19.20%	13.92%
Sharpe ratio	0.56	0.66
Sortino ratio	0.77	0.88
Maximum drawdown	−48.0% (23-03-2020)	−33.7% (23-03-2020)

From daily NAVs, 04-01-2013 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−50%−40%−30%−20%−10%0%

2014201620182020202220242026

DSP Natural Resources And New Energy Fund (Direct)Category average, 235 Thematic funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
DSP Natural Resources And New Energy Fund (Direct)	−48.0%	12-01-2018	23-03-2020	04-01-2021	9 months	−9.1%
Category average	−33.7%	07-02-2020	23-03-2020	05-11-2020	7 months	−6.9%

From the Direct plan's daily NAV since 04-01-2013, adjusted for unit splits, and the average of the 235 Thematic funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

DSP Natural Resources And New Energy Fund vs Other Thematic Funds

The five Thematic funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Nippon India Taiwan Equity Fund	1/133	1,147	1.08%	+75.71%	+54.78%	--	--	1.38	2.03	Compare
HDFC Defence Fund	2/133	11,493	0.90%	+13.79%	+34.76%	−0.18%	0.83	1.12	1.54	Compare
HDFC Pharma and Healthcare Fund	3/133	3,501	1.05%	+23.12%	+30.53%	+8.23%	0.96	1.74	2.49	Compare
SBI Healthcare Opportunities Fund	4/133	5,870	1.01%	+17.12%	+24.60%	+3.61%	0.88	1.42	2.03	Compare
Aditya Birla Sun Life International Equity Fund	5/133	352	2.00%	+13.97%	+24.46%	--	--	1.49	2.16	Compare
DSP Natural Resources And New Energy Fund	26/133	2,528	1.00%	+5.99%	+19.03%	--	--	0.74	1.00

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

DSP Natural Resources And New Energy Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Thematic median	Cost rank (1 = cheapest)
Direct	0.76%	0.03%	0.00%	0.21%	1.00%	1.18%	63/235
Regular	1.71%	0.03%	0.00%	0.37%	2.11%	2.41%	45/235

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Thematic funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	4.79%	5.99%	1.20%	₹1,04,790	₹1,05,990
3 years	17.70%	19.03%	1.33% a year	₹1,63,053	₹1,68,643
5 years	13.39%	14.67%	1.28% a year	₹1,87,445	₹1,98,266
10 years	14.68%	15.84%	1.16% a year	₹3,93,438	₹4,35,096

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

DSP Natural Resources And New Energy Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 04-01-2013 to 29-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planDSP Natural Resources And New Energy Fund (Direct)	₹16,60,000	₹63,22,656	₹46,62,656	17.7%
Regular planDSP Natural Resources And New Energy Fund (Regular)	₹16,60,000	₹57,70,913	₹41,10,913	16.6%
Category averageCategory average, 235 Thematic funds	₹16,60,000	₹52,02,269	₹35,42,269	15.2%

₹0₹20.0 L₹40.0 L₹60.0 L₹80.0 L

2014201620182020202220242026

Direct planDSP Natural Resources And New Energy Fund (Direct)Regular planDSP Natural Resources And New Energy Fund (Regular)Category averageCategory average, 235 Thematic fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

DSP Natural Resources And New Energy Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

94.2%Equity

Asset	Fund	Category
Equity	94.2%	94.5%
Cash and others	5.8%	4.0%

Market cap of stocks

Market cap	Fund	Category
Large Cap	57.5%	45.7%
Mid Cap	17.6%	19.6%
Small Cap	5.0%	24.1%
Foreign stocks	13.3%	2.7%
Not on AMFI's list	0.9%	2.3%

Share of the whole fund. Category: the average of the Thematic funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

DSP Natural Resources And New Energy Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Petroleum Products25.5%
Ferrous Metals15.2%
Non - Ferrous Metals13.9%
Foreign Security13.3%
Oil10.0%
Gas8.0%
Consumable Fuels3.8%
Power1.9%
Minerals & Mining1.4%
Industrial Products1.2%

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Petroleum Products	27.6%	26.5%	25.5%	−2.1%
Ferrous Metals	13.3%	13.1%	15.2%	+1.9%
Non - Ferrous Metals	12.7%	13.9%	13.9%	+1.2%
Foreign Security	13.2%	13.2%	13.3%	+0.1%
Oil	9.7%	9.3%	10.0%	+0.3%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

DSP Natural Resources And New Energy Fund Portfolio Holdings

As on 30-09-2026 · 26 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%	1M change
BlackRock Global Funds - World Energy Fund	Foreign Security	9.90%	0.0%
Tata Steel Limited	Ferrous Metals	8.41%	+35.5%
Bharat Petroleum Corporation Limited	Petroleum Products	7.54%	0.0%
Reliance Industries Limited	Petroleum Products	7.30%	0.0%
Jindal Steel Limited	Ferrous Metals	6.79%	0.0%
Oil & Natural Gas Corporation Limited	Oil	6.43%	+17.5%
Hindustan Zinc Limited	Non - Ferrous Metals	6.30%	+6.1%
Indian Oil Corporation Limited	Petroleum Products	5.63%	0.0%
Hindustan Petroleum Corporation Limited	Petroleum Products	5.06%	0.0%
Hindalco Industries Limited	Non - Ferrous Metals	4.02%	0.0%
Petronet LNG Limited	Gas	3.93%	0.0%
Coal India Limited	Consumable Fuels	3.80%	+25.5%
National Aluminium Co Limited	Non - Ferrous Metals	3.60%	+12.2%
Oil India Limited	Oil	3.54%	0.0%
BlackRock Global Funds - Sustainable Energy Fund	Foreign Security	3.36%	0.0%
NMDC Limited	Minerals & Mining	1.42%	0.0%
GAIL (India) Limited	Gas	1.28%	0.0%
Acme Solar Holdings Limited	Power	1.22%	0.0%
Gujarat Energy Limited	Gas	0.98%	+24.3%
Mahanagar Gas Limited	Gas	0.79%	0.0%
Juniper Green Energy Limited	Power	0.70%	0.0%
Indraprastha Gas Limited	Gas	0.68%	0.0%
Godawari Power & Ispat Limited	Industrial Products	0.60%	0.0%
Jindal Saw Limited	Industrial Products	0.58%	0.0%
IRM Energy Limited	Gas	0.18%	0.0%
GSPL Transmission Limited	Gas	0.16%	0.0%

DSP Natural Resources And New Energy Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Tata Steel Limited	Added	+35.5%	8.41%
Oil & Natural Gas Corporation Limited	Added	+17.5%	6.43%
Hindustan Zinc Limited	Added	+6.1%	6.30%
Coal India Limited	Added	+25.5%	3.80%
National Aluminium Co Limited	Added	+12.2%	3.60%
Gujarat Energy Limited	Added	+24.3%	0.98%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What DSP Natural Resources And New Energy Fund bought and sold

DSP Natural Resources And New Energy Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
ICICI Prudential Nifty Oil & Gas ETFETF · ICICI Prudential	41.9%	10	Compare
Motilal Oswal Nifty Oil & Gas ETFETF · Motilal Oswal	41.9%	10	Compare
Kotak Nifty Commodities Index FundIndex · Kotak Mahindra	38.2%	11	Compare
ICICI Prudential Nifty Commodities ETFETF · ICICI Prudential	38.2%	11	Compare
Mirae Asset BSE 500 Dividend Leaders 50 ETFETF · Mirae Asset	35.1%	14	Compare
Motilal Oswal BSE Enhanced Value Index FundIndex · Motilal Oswal	34.9%	9	Compare
Motilal Oswal BSE Enhanced Value ETFETF · Motilal Oswal	34.9%	9	Compare
Kotak Nifty200 Value 30 Index FundIndex · Kotak Mahindra	34.3%	10	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

DSP Natural Resources And New Energy Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 1.00%
Expense ratio (Regular): 2.11%
Category: Thematic
Risk: Very High
Launch date: 25-04-2008
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹2,528.45 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 119028
ISIN (Direct): INF740K01QA7
Scheme code (Regular): 108202
ISIN (Regular): INF740K01060
NAV history: From 04-01-2013, 13.8 years

Benchmark: 35% BSE Oil & Gas Index +30% BSE Metal Index + 35% MSCI World Energy 30% Buffer 10/40 Net Total Return
Exit load: Nil

Tax on DSP Natural Resources And New Energy Fund returns

DSP Natural Resources And New Energy Fund is taxed as an equity fund: 65% or more of it is in Indian stocks.
Units sold within 1 year: the gain is taxed at 20%.
Units held longer: gains above ₹1.25 lakh in a financial year, across all your equity funds and shares, are taxed at 12.5%.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹114.972	29-10-2026
direct	IDCW	₹36.362	29-10-2026
regular	Growth	₹101.85	29-10-2026
regular	IDCW	₹29.926	29-10-2026

About DSP Natural Resources And New Energy Fund

DSP Natural Resources And New Energy Fund is a mutual fund from DSP Mutual Fund. Its category is Thematic. It was launched on 25-04-2008. Its benchmark is 35% BSE Oil & Gas Index +30% BSE Metal Index + 35% MSCI World Energy 30% Buffer 10/40 Net Total Return. At the end of September 2026 it held 26 securities.

Fund Manager

Rohit Singhania
Fund manager of DSP Natural Resources And New Energy Fund, since 01-07-2012

See all funds of DSP Mutual Fund

AUM change

September 2026: ₹2,528.45 Cr; −1.78% from August 2026
August 2026: ₹2,574.37 Cr; +5.45% from July 2026
July 2026: ₹2,441.40 Cr; +1.69% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare DSP Natural Resources And New Energy Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for DSP Natural Resources And New Energy Fund

What is the current NAV of DSP Natural Resources And New Energy Fund?

The Direct plan NAV is ₹114.972. The Regular plan NAV is ₹101.85, as on 29-10-2026.

What are the returns of DSP Natural Resources And New Energy Fund?

The Direct plan returned +5.99% in 1 year, +19.03% a year over 3 years, +14.67% a year over 5 years. The Regular plan returned +4.79% in 1 year, +17.70% a year over 3 years, +13.39% a year over 5 years. These figures are as on 29-10-2026.

What is the expense ratio of DSP Natural Resources And New Energy Fund?

The Direct plan charges 1.00% a year. The Regular plan charges 2.11% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of DSP Natural Resources And New Energy Fund?

DSP Natural Resources And New Energy Fund managed ₹2,528.45 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of DSP Natural Resources And New Energy Fund?

At the end of September 2026 the largest holdings were BlackRock Global Funds - World Energy Fund (9.90%), TATASTEEL (8.41%), BPCL (7.54%), RELIANCE (7.30%), JINDALSTEL (6.79%). The fund held 26 securities in all.

What did DSP Natural Resources And New Energy Fund buy and sell in September 2026?

It added shares in 6.

How do I invest in DSP Natural Resources And New Energy Fund?

Through DSP Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of DSP Natural Resources And New Energy Fund?

Rohit Singhania (since 01-07-2012).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.