DSP MUTUAL FUND came out with their Banking Fund in 1st Week of Dec 2023.
They claim banking has the lowest valuation currently. Unfortunately received an email with the below:
Dear Investor,Please note that the Risk-o-meter of DSP Banking & Financial Services Fund has been revised to indicate
the risk level as ‘Very High Risk’ as against ‘High Risk’ earlier.
The revised Risk-o-meter of DSP Banking & Financial Services Fund => ‘Very High Risk’
*Investors should consult their financial advisors if in doubt about whether the scheme is suitable for them.
.. and the scheme is anyways below cost ... currently negative returns .. hopefully will be green shortly ...
View attachment 50362
They claim banking has the lowest valuation currently. Unfortunately received an email with the below:
Dear Investor,Please note that the Risk-o-meter of DSP Banking & Financial Services Fund has been revised to indicate
the risk level as ‘Very High Risk’ as against ‘High Risk’ earlier.
The revised Risk-o-meter of DSP Banking & Financial Services Fund => ‘Very High Risk’
*Investors should consult their financial advisors if in doubt about whether the scheme is suitable for them.
.. and the scheme is anyways below cost ... currently negative returns .. hopefully will be green shortly ...
View attachment 50362