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Change in fundamental attributes of DSP Quant Fund

DSP Mutual Fund has declared changes in fundamental attributes of DSP Quant Fund

DSP Mutual Fund has announced some changes in the fundamental attributes of DSP Quant Fund:

  • The scheme will use an expanded set of quant factors such as fundamental, macro and technical (momentum, sentiment) beyond the existing growth, quality and value factors, in its portfolio construction model
  • While stock level weights will continue to be capped at 10 per cent, the scheme will now exercise complete flexibility in its sector allocation

These changes will come into effect from November 28, 2024.

As per the regulatory requirements, unitholders have been given a 31-day exit window from October 28 to November 27, 2024. Investors who do not consent to these changes have an option to either switch or redeem their investments without paying any exit load during this period. No action is required to be taken by investors who don't have any objection to the proposed change.

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