News

DSP Mutual Fund introduces Nifty Top 10 Equal Weight Index Fund DSP Mutual Fund has launched DSP Nifty Top 10 Equal Weight Index Fund, an open-ended scheme replicating/ tracking Nifty Top 10 Equal Weight Index. The NFO opens for subscription on August 16, 2024 and closes on August 30, 2024. The Entry Load is not applicable and Exit Load will be nil for the scheme. The minimum subscription amount is Rs 100 and any amount thereafter. The performance of the Scheme will be benchmarked against Nifty Top 10 Equal Weight TRI (Total Returns Index) and its fund...
DSP Mutual Fund introduces Nifty Top 10 Equal Weight Index Fund
DSP Mutual Fund introduces Nifty Top 10 Equal Weight Index Fund
Source: Accord Fintech
2024-08-16 03:02:35 pm
Steel production projected to cross 300 MT by 2030 amid infra push: Centre  Driven by robust demand for government infrastructure projects, the country’s domestic steel production is projected to cross 300 million tonnes (MT) by 2030, Steel Secretary Nagaendra Nath Sinha said on Saturday.   Addressing the Bharat Chamber of Commerce (BCC) here, the senior official said current steel demand remains strong with infrastructure push from the government and expecting a growth of about 10 per cent. Sinha further said that amid the strong GDP growth...
Steel production projected to cross 300 MT by 2030 amid infra push: Centre
Steel production projected to cross 300 MT by 2030 amid infra push: Centre
Source: IANS
2024-07-28 09:06:35 am
DSP Mutual Fund files offers document for Business Cycle Fund DSP Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘DSP Business Cycle Fund'. The offer price will be Rs 10 each. Entry load will be nil and Exit load for holding period from the date of allotment less than or equal to 1 month will be 0.5%; and greater than 1 month will be Nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and minimum target subscription amount for the Scheme to be rai...
DSP Mutual Fund files offers document for Business Cycle Fund
DSP Mutual Fund files offers document for Business Cycle Fund
Source: Accord Fintech
2024-06-11 03:06:24 pm
Indian economy and equity markets outperformed China over past 3 years China’s equity markets have lagged Indian equity by a long stretch, as per a report by DSP Mutual Fund. China’s current equity market capitalisation is double that of India, at a time when it’s GDP is 5 times that of Indian GDP. Between 2004 and 2021, China’s economy outgrew India’s GDP at a ferocious pace but has lost some relative momentum since. Over the past 3 years, the Indian economy and equity markets have outperformed China, the report said. At t...
Indian economy and equity markets outperformed China over past 3 years
Indian economy and equity markets outperformed China over past 3 years
Source: IANS
2024-05-06 01:50:40 pm
BSE Bell Ring on Listing of DSP S&P BSE Liquid Rate ETF DSP Mutual Fund has announced the listing of DSP S&P BSE Liquid Rate ETF (ticker: LIQUIDADD) on the BSE and NSE. Attached is the photo with caption for the same. Appending below the quote by Anil Ghelani, CFA, Head of Passive Investments & Products, DSP Mutual Fund.   Caption: Anil Ghelani, CFA, Head of Passive Investments & Products, DSP Mutual Fund and Ashutosh Singh, Chief – Special Projects, BSE together with other senior leaders of BSE and DSP, ring...
BSE Bell Ring on Listing of DSP S&P BSE Liquid Rate ETF
BSE Bell Ring on Listing of DSP S&P BSE Liquid Rate ETF
Source: PR Agency
2024-04-04 11:36:37 am
DSP Mutual Fund introduces S&P BSE Liquid Rate ETF DSP Mutual Fund has launched DSP S&P BSE Liquid Rate ETF, an open-ended scheme replicating/ tracking S&P BSE Liquid Rate Index with relatively low interest rate risk and relatively low credit risk. The NFO opens for subscription on March 15, 2024 and closes on March 20, 2024. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereof. The performance of the Scheme is measured against S&P BSE Liquid Rate Index...
DSP Mutual Fund introduces S&P BSE Liquid Rate ETF
DSP Mutual Fund introduces S&P BSE Liquid Rate ETF
Source: Accord Fintech
2024-03-15 11:15:45 am
Technology`s share in world Mcap nearing 40 pc, showing high-level of concentration Technology’s share in world market cap is nearing 40 per cent, and no sector has reached this level of concentration before, as per an analysis by DSP Mutual Fund. Nasdaq composite now commands nearly a fourth of world equity market capitalisation. “If we add tech companies from China, India, EU and ROW, technology’s share in world market cap is nearing 40 per cent," the report said. No sector has reached this level of concentration before. The last record sugg...
Technology`s share in world Mcap nearing 40 pc, showing high-level of concentration
Technology`s share in world Mcap nearing 40 pc, showing high-level of concentration
Source: IANS
2024-03-06 09:35:51 am
DSP Mutual Fund appoints Chirag Joshi as Head of Distributor Success & B2B growth DSP Mutual Fund announced the appointment of Chirag Joshi as Head of Distributor Success and B2B Growth. Chirag has a professional experience of over 12 years in Marketing & Sales spread across brands like CNBC Awaaz, Hindustan Times and Samco Group. Chirag joins DSP Mutual Fund from the Samco Group, where he was the Chief Growth Officer and a member of the Executive Leadership Team. At DSP, Chirag will be responsible for strengthening and supporting the distribution and sales processe...
DSP Mutual Fund appoints Chirag Joshi as Head of Distributor Success & B2B growth
DSP Mutual Fund appoints Chirag Joshi as Head of Distributor Success & B2B growth
Source: PR Agency
2024-02-13 01:44:10 pm
DSP Asset Managers to Expand Distribution Opportunities in the Middle East and Asia through Secura International DSP Asset Managers one of India’s leading asset companies - announced that Secura International (“Secura”), the Abu Dhabi Global Market [ADGM] headquartered Global Wealth Solutions Provider, would offer DSP’s UCITS vehicle as part of Secura’s investment offering to its distribution partners - the licensed financial institutions across Middle East, Africa, and Asia. As an India-specialist asset manager, DSP Asset Managers, with its dedicated on-ground investmen...
DSP Asset Managers to Expand Distribution Opportunities in the Middle East and Asia through Secura International
DSP Asset Managers to Expand Distribution Opportunities in the Middle East and Asia through Secura International
Source: PR Agency
2024-02-09 04:36:54 pm
More Indian asset managers shift overseas business to GIFT City Several Indian asset managers said they are moving, or planning to move, some offshore fund business from financial centres such as Dubai and Singapore to a finance hub in the western state of Gujarat to gain better access to India's capital markets. The Indian government is promoting the Gujarat International Finance Tec-City, or GIFT City, as a "gateway for global capital and financial services for the economy" and is trying to attract companies through tax-breaks and other...
More Indian asset managers shift overseas business to GIFT City
More Indian asset managers shift overseas business to GIFT City
Source: Reuters
2024-02-09 11:41:46 am
Small and mid cap stocks space indicates unsettling calm The number of days the Small & Midcap indices have risen by 1% or more neared previous best years in 2023. Such broad, ‘all boats sailing’ uptrend years are rare. In the past, such years have been followed by more than average drawdowns in the following year, DSP Mutual Fund said in a report. On average, calendar year drawdowns for largecap, midcap and smallcap are 19%, 23% & 26%, respectively. But the year following a bullish ‘unsettling calm’ year, the ave...
Small and mid cap stocks space indicates unsettling calm
Small and mid cap stocks space indicates unsettling calm
Source: IANS
2024-02-06 01:55:31 pm
'Stranger on the Bench' - This Short Film by DSP Mutual Fund Encourages Parents to Introduce Daughters to Investing at an Early Age  DSP Mutual Fund, a leading name in financial services, announced the release of its latest short film, Stranger on the Bench. This thought-provoking film explores a captivating storyline that features a transformative conversation between two strangers that takes an unexpected turn and packs a punch. The film’s narrative, while telling an intensely emotional story, also conveys a profound message on the importance of educating daughters about finance, money, and investment...
'Stranger on the Bench' - This Short Film by DSP Mutual Fund Encourages Parents to Introduce Daughters to Investing at an Early Age
'Stranger on the Bench' - This Short Film by DSP Mutual Fund Encourages Parents to Introduce Daughters to Investing at an Early Age
Source: PR Agency
2024-01-25 12:24:10 pm
DSP MF introduces Nifty Healthcare ETF DSP Mutual Fund (MF) has launched DSP Nifty Healthcare ETF, an open-ended scheme replicating/ tracking Nifty Healthcare Index. The NFO opens for subscription on January 11, 2024 and closes on January 25, 2024. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereof.  The performance of the scheme will be benchmarked against Nifty Healthcare TRI and its fund managers are Anil Ghelani and Diipesh Shah. The inves...
DSP MF introduces Nifty Healthcare ETF
DSP MF introduces Nifty Healthcare ETF
Source: Accord Fintech
2024-01-11 12:53:01 pm
DSP MF introduces Multicap Fund DSP Mutual Fund (MF) has launched DSP Multicap Fund, an open-ended equity scheme investing across large cap, mid cap, small cap stocks. The NFO opens for subscription on January 08, 2024 and closes on January 22, 2024. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 100 and any amount thereafter. The performance of the scheme will be benchmarked against Nifty 500 Multicap 50:25:25 TRI and its fund managers are Chirag Dagli and Jay Kothari (overseas...
DSP MF introduces Multicap Fund
DSP MF introduces Multicap Fund
Source: Accord Fintech
2024-01-08 12:12:32 pm
Opportune time to up duration risk in Indian bonds, says DSP Mutual Fund`s Sandeep Yadav ndia's benchmark 10-year bond yield could fall around 50 basis points in 2024, and it is an "opportune" time to increase duration risk, Sandeep Yadav, head of fixed income at DSP Mutual Fund said. "Fixed income investors should increase debt duration further in 2024, as this the best time for that," said Yadav. The firm manages assets worth 440 billion rupees ($5.29 billion) for the firm. "This is also probably an opportune time for all investors, regardless...
Opportune time to up duration risk in Indian bonds, says DSP Mutual Fund`s Sandeep Yadav
Opportune time to up duration risk in Indian bonds, says DSP Mutual Fund`s Sandeep Yadav
Source: Reuters
2024-01-04 03:58:15 pm
Cybersecurity firm TAC Security to go public, aims for Rs 100 cr revenue by 2026 Cybersecurity firm TAC Security on Monday said that the company is exploring capital raising options, including an Initial Public Offering (IPO) in early 2024 and eyeing revenue of Rs 100 crore by 2026. Beeline Capital Advisors Private Limited has been appointed the exclusive Book Running Lead Manager for the proposed IPO, the company mentioned. "We are now embarking on our next growth stage -- aiming for a nearly ten-fold increase in revenues by FY26 through organic growth and ino...
Cybersecurity firm TAC Security to go public, aims for Rs 100 cr revenue by 2026
Cybersecurity firm TAC Security to go public, aims for Rs 100 cr revenue by 2026
Source: IANS
2024-01-01 01:51:49 pm
DSP Mutual Fund launches first-of-its-kind DSP Nifty Smallcap250 Quality 50 Index Fund Companies in the small cap space have the potential to deliver a larger return on investment than large cap companies. However, they also have the potential to fall more than large caps from their peaks. Small caps are also less liquid when compared with large and mid-caps, less studied by experts. The number of stocks in the small cap space is also markedly higher compared to large and mid-caps and they are also held by a smaller number of institutions. Hence, investors who look to invest in...
DSP Mutual Fund launches first-of-its-kind DSP Nifty Smallcap250 Quality 50 Index Fund
DSP Mutual Fund launches first-of-its-kind DSP Nifty Smallcap250 Quality 50 Index Fund
Source: PR Agency
2023-12-06 09:36:19 am
DSP MF introduces Nifty Smallcap250 Quality 50 Index Fund DSP Mutual Fund (MF) has launched DSP Nifty Smallcap250 Quality 50 Index Fund, an open-ended scheme replicating/ tracking Nifty Smallcap250 Quality 50 Index. The NFO opens for subscription on December 05, 2023 and closes on December 15, 2023. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 100 and any amount thereafter. The performance of the scheme will be benchmarked against Nifty Smallcap250 Quality 50 TRI and its fund managers are Anil Ghel...
DSP MF introduces Nifty Smallcap250 Quality 50 Index Fund
DSP MF introduces Nifty Smallcap250 Quality 50 Index Fund
Source: Accord Fintech
2023-12-05 03:10:01 pm
DSP Asset Managers opens subsidiary company office at GIFT City DSP Asset Managers Private Limited (“DSP AMC”) announced the inauguration of its wholly owned subsidiary company office at GIFT City, Gandhinagar. DSP Fund Managers IFSC Private Limited, the wholly owned subsidiary of DSP AMC has received Fund Management Entity (Retail) registration from the International Financial Services Centres Authority (“IFSCA”). It will be positioned as DSP AMC’s offshore hub and will provide both Indian investment solutions for global inv...
DSP Asset Managers opens subsidiary company office at GIFT City
DSP Asset Managers opens subsidiary company office at GIFT City
Source: PR Agency
2023-11-27 04:46:04 pm
DSP Mutual Fund launches DSP Banking & Financial Services Fund The Banking and Financial Services sector has been a structural growth story in India, which is evident in its outperformance over the broader Nifty 50 Index on all 10-year periods. The returns from the sector have also been more consistent across time periods compared to the broader Nifty 50 Index. However, the sector has been underperforming the Nifty 50 Index since September 2019. Hence, the possibility of a reversal in underperformance combined with reasonable valuations for the Banking a...
DSP Mutual Fund launches DSP Banking & Financial Services Fund
DSP Mutual Fund launches DSP Banking & Financial Services Fund
Source: PR Agency
2023-11-20 05:47:42 pm
DSP MF introduces Banking & Financial Services Fund DSP Mutual Fund (MF) has launched DSP Banking & Financial Services Fund, an open-ended equity scheme investing in banking and financial services sector. The NFO opens for subscription on November 20, 2023 and closes on December 04, 2023. The Entry load and the Exit load is nil for the scheme. The minimum subscription amount is Rs 100 and any amount thereafter. The performance of the scheme will be benchmarked against Nifty Financial Services TRI and its fund managers are Dhaval Gada (E...
DSP MF introduces Banking & Financial Services Fund
DSP MF introduces Banking & Financial Services Fund
Source: Accord Fintech
2023-11-20 05:24:46 pm
Markets have given subdued returns when Nifty P/E ratio more than 22x Higher growth expectations but with expensive valuation have more often led to lower returns for investors from equities, DSP Mutual Fund said in a report.Currently, the P/E ratio of Nifty 50 is at 22.5x. Historically, whenever an investment has been made when the PE ratio is more than 22x, 3-year forward returns have been subdued, the report said.Thus, an investor contemplating investing in equities with the backdrop of India's growth story should also consider the margin of safety.The Margi...
Markets have given subdued returns when Nifty P/E ratio more than 22x
Markets have given subdued returns when Nifty P/E ratio more than 22x
Source: IANS
2023-09-16 05:01:11pm