DSP BlackRock Mutual Fundlaunches DSP BlackRock A.C.E. Fund Series 2

DSP BlackRock Mutual Fundlaunches DSP BlackRock A.C.E. Fund Series 2
NFO period of the closed ended fund from 16February, 2018 to 01 March,2018
DSP BlackRock Investment Managers Pvt. Ltd, one of the premier asset management companies in India,today announced the launch of DSP Black Rock A.C.E. (Analysts’ Conviction Equalized) Fund- Series 2, a multi cap fund (a close ended equity scheme investing across large cap, mid cap and small cap stocks). DSP BlackRock A.C.E. Fund - Series 2 (the scheme) is based on the belief that a consistent investment process precedes strong performance. The three main pillars on which this scheme is based are People, Process and Smart Protection. Top investment ideas are generated by analysts from a 16 member equity investment team. Access to these high-conviction equity ideas based on a foundation of a robust investment process coupled with smart downside protection which has elements of risk management and profit booking are reasons why investors can consider the fund.

A key differentiator in DSP BlackRock A. C. E. Fund - Series 2 is the smart management of capital during market volatility, which is important to leverage in the right manner, for potential wealth creation. In case markets fall, the Put Options’ (on NIFTY 50) value increases as NIFTY 50 falls below invested level (Strike price). A certain portion of Put Options can then be exercised to book profits and the proceeds would be invested in the stock portfolio. This limits downside in the stock portfolio allowing more capital to compound from market dips. In case the markets rise, for every ~12-15% gain in the stock portfolio, the Scheme would endeavor to distribute gain of ~8-10% as dividends. This allows investors to monetize gains from the stock portfolio.Dividends shall be distributed as per dividend policy mentioned in the Scheme.

The scheme portfolio will consist of approximately 45-55 high conviction ideas picked across sectors and market capitalizations. The scheme will avoid sector and stock allocation bias. It will do so by having sectoral allocation in line with NIFTY 500 and equal weights for all stocks within a sector. Stock weights will be rebalanced quarterly and stock inclusions/exclusions will be done real-time.

In addition to idea generation from analysts and portfolio managers as well as in-depth company analysis, DSP BlackRock follows its proprietary benchmarking framework. Stocks are evaluated and rated based on a mix of seven key parameters.

The fund will be managed by M.Suryanarayanand will be open for subscription during its New Fund Offer period from 16 February, 2018 to 01 March, 2018.

Mr. Kalpen Parekh, President, DSP BlackRock Mutual Fund said, “A.C.E. is probably India’s first fund which combines three big ideas that should matter to investors today - analysts’ conviction, equal weights and smart protection. It is a reiteration of our strong belief that process precedes performance when it comes to effective fund management. If you believe equity markets have inherent volatility and may fall in the short term, but recognize that market falls are great opportunities to increase equity exposure, this product may appeal to you.”

Mr. Anup Maheshwari, CIO - Equities, DSP BlackRock Mutual Fund said, “Our equity investing ideology gives us the confidence to truly believe in our analysts’ conviction. A.C.E. 2 is an attractive proposition for investors looking for better risk- adjusted returns given the potential for long term capital appreciation with likely lower volatility.”

 For media contact

Nagaraj Perumal
Ketchum Sampark
Office :  (d)+91 44 2435 2644
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