Small-cap mutual funds can be good starting point for new investors: Vinit Sambre, Equities head, DSP Investment Managers
DSP Small Cap Fund, one of the oldest in the small-cap category since its launch in June 2007, remains among the few funds in its segment with no exposure to large-cap stocks. It continues to allocate around 90% of its corpus to small cap stocks, with the rest split between cash holdings (slightly higher than usual) and mid-cap stocks. This is despite the Nifty Small Cap index falling 21%so far in 2025, and 24% from its peak in December 2024. Of course, Sambre has paid the price. So far this year, the scheme has delivered a negative return of 19.2%. Acknowledging the risks of small-cap investing, Sambre remains firm in his approach: if investors seek a small-cap fund, they should expect a true, small-cap experience. Previously the sole manager of the fund, he now oversees DSP’s equity funds, which have a combined corpus of approximately Rs.1.08 trillion. Additionally, he co-manages three schemes, including the mid-cap and small-cap funds, worth Rs.30,000 crore.
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Vinit Sambre
Head, Equities, DSP Investment Managers
Age
49 YEARS
Experience
23 YEARS
AUM
Live Events
Rs.1.08 trillion equity assets
RAPID FIRE
Q. What’s the investment tip you would want to give your younger self?Believe in mean reversion. Don’t change your discipline or your framework. Read the signs, keep with the trend, and understand disruption and new technology.
Q. If you were to meet Warren Buffett for the first time, what would you ask him?
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