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DSP BlackRock Investment Managers on Thursday said that it is bullish on Indian equity as it believes the country is well placed on growth and liquidity, improving macro conditions, positive entrepreneurial environment and value creation potential in a host of businesses. “Equities will continue to be an asset of choice over the next decade,” it said in a press conference while commemorating 20 years of DSP BlackRock Equity and Bond Fund.
The two funds have size of ₹2,310 crore and ₹255 crore, respectively. As regards fixed income fund, DSP BlackRock expects the yield curve to steepen on account of lower investor appetite for long duration bonds. DSP BlackRock MF figures among the top 10 fund houses in India with quarterly average assets under management of ₹64,177 crore as on March 31.
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