NFO Alert: DSP Mutual Fund launches DSP Multicap Fund; all you need to know

livemint.com:

DSP Mutual Fund announced the launch of the DSP Multicap Fund, an open-ended equity scheme investing across large-cap, mid-cap, and small-cap stocks. The scheme opened for public subscription on January 08, 2024, and will close on January 22, 2024. This is an open-ended equity scheme investing across large-cap, mid-cap, and small-cap stocks.

This scheme is suitable for investors seeking The investment objective of the scheme is to seek to generate long-term capital appreciation from a portfolio of equity and equity-related securities across market capitalisation. There is no assurance that the investment objective of the scheme will be achieved. DSP Mutual Fund’s investment framework assists in selecting sound companies that are offered at reasonable rates without favouring either value or growth investing strategies.

The company will use the forensic framework and prioritise reasonably priced businesses with medium-term earnings potential. The investment approach will remain style-agnostic, focusing on well-managed companies with scalable opportunities and superior returns on capital employed, aiming for sustained long-term returns.

"Mostly, NFOs encourage lumpsum one-time investments. However, we believe these are times to invest via SIP and STPs – basically spreading the investments over the next few years.

Hence, we are launching a SIP-focused DSP Multi Cap Fund. It adds more importance to large cap/global stocks to the current popular craze of small and mid-caps. Apart from market caps, there are different phases when the growth style does well and then long stretches when the value style does well.