DSP Flexi Cap Fund completes 25 years; delivers 19.1% CAGR returns

 

by Samiksha

New Delhi, May , 2022: DSP Investment Managers announced the 25-year completion of the DSP Flexi Cap Fund. Launched on 29^th April 1997, DSP Flexi Cap Fund has a proven portfolio that has been through many market cycles and has delivered returns of 19.1% CAGR (Compounded Annual Growth Rate) since inception*. Rs 1 lakh invested at inception in DSP Flexi Cap Fund would have grown to over Rs 78 lakh by now, whereas a similar investment in Nifty 500 TRI would have grown to Rs 31.74 lakh. 

The DSP Flexi Cap Fund takes a structured approach to investing by focusing on business longevity, prudent management, and growth sustainability (BMG Framework). The BMG Framework followed by the fund includes businesses that are less capital intensive, having a high cash conversion, market share dominance, judicious capital allocation, and superior margins reflecting in higher ROE and growth rates of profits.

The CAGR rolling returns of DSP Flexi Cap Fund over any 10-year period has been a minimum of 6.9% and a maximum of 33.5%. While, the fund, like equities, has intermittent NAV fluctuations, over a decade it has always earned positive returns for patient investors. DSP Flexi Cap Fund is managed by Atul Bhole and Abhishek Ghosh.

“DSP Flexi Cap Fund was our first fund to have a disciplined investment framework and has proven itself over many market cycles. Its flexible style of choosing good businesses irrespective of market caps makes it a good choice for every investor. This impressive long-term growth has, however, been seen by only 36 investors, who invested at inception and remain invested today. We are thankful to the lakhs of investors who have invested in the fund over the last 25 years and over 20,000 distributors who have recommended the DSP Flexi Cap Fund over the same period. We take this opportunity to thank our customers, partners, and employees for their support as we embark on a new and exciting journey,” says Kalpen Parekh, MD & CEO, DSP Investment Managers.

* Data as on March 31, 2022

Disclaimer:

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. There is no assurance of any returns/capital protection/capital guarantee to the investors in the Scheme. For more information on the scheme, visit on www.dspim.com

Mutual Fund investments are subject to market risks, read all scheme related documents carefully

About DSP Group: DSP Investment Managers has an over 25-year track record of investment excellence. Today, we have the honour of managing money for over 35 lakh investors from all walks of life: hard-working salaried individuals, high-net-worth individuals, NRIs, small and mid-sized business owners, large private & public corporations, trusts and foreign institutions. We take great pride in knowing that we play a key role in the creation of wealth for all our investors and will always continue to be an organization with a purpose - it is our responsibility to make a real difference to the lives of our investors.

DSP Investment Managers is backed by the 150+ year old DSP Group. Over the past one and a half centuries, the family behind the Group has been very influential in the growth and professionalization of capital markets and money management business in India. DSP Group is currently headed by Mr. Hemendra Kothari.

Our investors’ interests will always remain at the core of our business, and we will continue to maintain a relentless focus on doing what's best for them, as they #InvestForGood.