DSP to hit market with open-ended value fund with 35% in global stocks

NFO opens Nov 20 and closes Dec 4; scheme starts with Nifty500 as universe

DSP Investment Managers plans to hit the market with  DSP Value Fund, an open ended equity scheme that will follow a value investment strategy that offers exposure to quality companies at reasonable valuations after taking into consideration factors such as price-to-book ratios, return on equity and long-term sectoral trends. 

The scheme starts with Nifty500 as a universe and will allocate 65 per cent in Indian equities and up to 35 per cent in global equities. The international exposure is designed to provide diversification and a potential source of alpha generation to investors.