DSP Mutual Fund launched its latest financial offering, the DSP Multicap Fund, providing investors with a diversified opportunity to navigate various market segments and investment styles. The open-ended scheme permits flexible investment across large cap, mid cap, and small cap stocks, along with exposure to different industries.
The multicap strategy boasts dedicated market cap exposure to mid and small caps, promising enhanced diversification and performance improvements compared to the Nifty 500. Notably, historical data reveals the multicap strategy outperformed the Nifty 500 in nearly 8 out of 10 instances over 5-year rolling periods between April 1, 2005, and November 30, 2023.The asset allocation framework allows a minimum of 75% and a maximum of 100% in equity and equity-related securities, including overseas exposure. Investors are recommended the SIP route, given the current outperformance and valuation dynamics of small and midcap stocks.
Kalpen Parekh, MD & CEO of DSP Mutual Fund stated the fund’s strategic approach, blending growth and value styles to mitigate the need for timing, ensuring tax efficiency for investors. The New Fund Offer for DSP Multicap Fund opens on January 8, 2024, and concludes on January 22, 2024, offering a unique avenue for savvy investors to explore diverse market opportunities.