This 25-year-old Flexi-cap Fund Delivered 19.1% Cagr Since Its Inception

DSP Investment Managers on Monday mentioned its flexi-cap fund, DSP Flexi Cap Fund, has delivered 19.1% compound annual progress fee (CAGR) since its inception on 29 April 1997.

The returns imply that 1 lakh invested at inception within the DSP Flexi Cap Fund would have grown to over 78 lakh until 31 March 2022. Compared with this the same funding in Nifty 500 TRI would have grown to 31.74 lakh.

A flexi-cap fund has to take a position a minimal of 65% of its property in fairness and equity-related devices. Unlike multi-cap funds, there aren’t any minimal thresholds for investments in giant, mid- and small-cap, and the publicity will be managed dynamically.

As per the fund home, the DSP Flexi Cap Fund takes a structured method to investing by specializing in enterprise longevity, prudent administration, and progress sustainability (BMG Framework).

The BMG framework adopted by the fund consists of companies which can be much less capital intensive, having a excessive money conversion, market share dominance, considered capital allocation, and superior margins reflecting in increased return on fairness (RoE) and progress charges of earnings.

The CAGR rolling returns of DSP Flexi Cap Fund over any 10-year interval has been a minimal of 6.9% and a most of 33.5%. While, the fund, like equities, has intermittent internet asset worth (NAV) fluctuations, over a decade it has at all times earned constructive returns for affected person buyers. The flexi-cap fund is managed by Atul Bhole and Abhishek Ghosh.

“DSP Flexi Cap Fund was our first fund to have a disciplined funding framework and has confirmed itself over many market cycles. Its versatile type of selecting good companies no matter market caps makes it a sensible choice for each investor. This spectacular long-term progress has, nonetheless, been seen by solely 36 buyers, who invested at inception and stay invested at present,” mentioned says Kalpen Parekh, MD & CEO, DSP Investment Managers.

“We are grateful to the lakhs of buyers who’ve invested within the fund over the past 25 years and over 20,000 distributors who’ve really helpful the DSP Flexi Cap Fund over the identical interval. We take this chance to thank our prospects, companions, and staff for his or her assist as we embark on a brand new and thrilling journey,” Parekh added.

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