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![Mad :mad: :mad:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
... 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
View attachment 50362