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Gopal Agrawal leaves DSP Mutual Fund; Vinit Sambre to manage DSP Top 100, Focus Fund

, ET Online|
Last Updated: Jun 02, 2020, 02.08 PM IST
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Summary DSP Mutual Fund announced that Vinit Sambre will take over as the Fund Manager of DSP Top 100 Equity Fund and DSP Focus Fund from June 1. Vinit Sambre will also manage the equity portion of DSP Regular Savings Fund and DSP Equity Savings Fund.

ET Online
gopal agarwal
Gopal Agrawal, the head of macro strategy at DSP Mutual Fund, has resigned from his position at the fund house. A statement from the fund house said that Agrawal left the company on May 31.

DSP Mutual Fund announced that Vinit Sambre will take over as the Fund Manager of DSP Top 100 Equity Fund and DSP Focus Fund from June 1. Vinit Sambre will also manage the equity portion of DSP Regular Savings Fund and DSP Equity Savings Fund.

Vinit Sambre is head of equities at DSP Investment Managers. He has been managing the DSP Small Cap Fund since June 2010. He is also the fund manager for the DSP Mid Cap Fund.

“As Head of Equities, Vinit already has broad oversight across all equity funds. Vinit and Gopal share a similar investment approach of focusing on free cash flow generating / High ROC businesses and buying and holding companies for the long term. These are time-tested principles, relevant across market caps, and Vinit will manage our large cap funds using the same investment principles,” said Kalpen Parekh, President, DSP Investment Managers.

“We are committed to our responsibility of building our track record in the DSP Top 100 Equity Fund and DSP Focus Fund as well as the equity component of DSP Regular Savings Fund & DSP Equity Savings Fund. With this sense of responsibility, Vinit will take over managing these funds,” said Kalpen Parekh.

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