DSP Mutual Fund has introduced the DSP Multicap Fund, an avant-garde open-ended scheme designed to empower investors with unparalleled flexibility across large cap, mid cap, and small cap stocks, as well as diverse investment styles and industries.With an emphasis on dedicated market cap exposure to mid and small caps, coupled with strategic rebalancing, the multicap strategy presents investors with superior diversification and performance potential when compared to the Nifty 500. Historical data indicates its outperformance over the Nifty 500 in nearly 8 out of 10 instances during 5-year rolling periods from April 1, 2005, to November 30, 2023.
The fund’s asset allocation framework allows for a minimum of 75% and a maximum of 100% in equity and equity-related securities, including overseas exposure. Investors are encouraged to consider the SIP route in light of current market dynamics, favoring small and midcap stocks.
Kalpen Parekh, MD & CEO of DSP Mutual Fund, highlighted the fund’s unique strategy, integrating both growth and value styles, offering investors a dynamic approach and tax efficiency. The New Fund Offer for DSP Multicap Fund is set to open on January 8, 2024, and will run until January 22, 2024, providing astute investors with a sophisticated avenue to navigate the evolving financial landscape.
