DSP Investment Managers on Monday said its flexi-cap fund, DSP Flexi Cap Fund, has delivered 19.1% compound annual growth rate (CAGR) since its inception on 29 April 1997.
The returns mean that ₹1 lakh invested at inception in the DSP Flexi Cap Fund would have grown to over ₹78 lakh till 31 March 2022. Compared with this a similar investment in Nifty 500 TRI would have grown to ₹31.74 lakh.
A flexi-cap fund has to invest a minimum of 65% of its assets in equity and equity-related instruments. Unlike multi-cap funds, there are no minimum thresholds for investments in large, mid- and small-cap, and the exposure can be managed dynamically.As per the fund house, the DSP Flexi Cap Fund takes a structured approach to investing by focusing on business longevity, prudent management, and growth sustainability (BMG Framework).
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 net asset value (NAV) fluctuations, over a decade it has always earned positive returns for patient investors.
Equity Funds will have short term volatility, but if you can invest for long term surely this will benefit the most.
Happy Investing!
R♥Vi
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