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Today Date : Wednesday, May 22, 2024

DSP Flexi Cap Fund completes 25 years, delivers 19.1% CAGR

DSP Flexi Cap Fund completes 25 years, delivers 19.1% CAGR

DSP Flexi Cap Fund which has completed 25 years since inception has a proven portfolio and has delivered returns of 19.1% CAGR (Compounded Annual Growth Rate), according to the company's investment managers.


In a media release the company claims that 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 adopts a business longevity, prudent management, and growth sustainability framework (BMG). 


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.