DSP BlackRock Micro Cap Fund

Vivek Paul, Head of Portfolio Research, BlackRock Investment Institute anticipates potential fiscal stimulus in the Budget to rev up consumption

Launched in June, 2007, DSP BlackRock Micro Cap Fund is classified under the small and mid-cap category of the CRISIL Mutual Fund Ranking. It has been ranked in the top 30 percentile (CRISIL Fund Rank 1 or 2) over the past eight consecutive quarters ended June 2016. The fund seeks to generate long-term capital appreciation from a portfolio that is substantially constituted of equity and equity-related securities, which are not part of the top 300 companies by market capitalisation. Vinit Sambre (since June 2010) and Jay Kothari (March 2013) are managing the fund, which had Rs 2,680 crore of quarterly average assets under management as at the end of June 2016 quarter.Superior performanceThe fund has consistently bettered its category (funds ranked under the small and mid-cap category in June 2016 CRISIL Mutual Fund Ranking) and the benchmark S&P BSE Small Cap for all trailing periods. The recent three-year performance was particularly notable with annualised returns of 53.74 per cen