DSP Mutual Fund announces change in fund manager for two schemes
DSP Mutual Fund has announced changes in fund managers for its two equity-oriented schemes: DSP Flexi Cap Fund and DSP Equity & Bond Fund.

The fund house informed the investors about this through a notice cum addendum.
The below-mentioned changes are effective from March 1.

According to the rejig, the necessary change will be carried out in SID, and KIM of the above-mentioned schemes.
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The schemes are from flexi cap and aggressive hybrid categories.
DSP Flexi Cap Fund was earlier known as DSP Equity Fund. The name of the scheme was changed on January 28, 2021. DSP Equity & Bond Fund was earlier known as DSP Blackrock Balanced Fund. The name of the scheme was changed on March 16, 2018.
According to the last available portfolio, DSP Flexi Cap Fund manages assets of Rs 10,081 crore. According to SID dated November 30, 2023, the scheme has around 53,776 folios under the direct plan and 2,47,898 under the regular plan.
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According to the portfolio as of January 31, 2024, Kedar Karnik manages some schemes such as DSP Global Innovation Fund, DSP Equity Savings Fund, DSP Floater Fund, DSP Arbitrage Fund.
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