Rohit Singhania On DSP MF’s Equity Strategy & Long-Term Track Record

In late 2025, amid flat Indian markets and widespread pain, DSP Mutual Fund's Rohit Singhania highlighted a sentiment-data divergence. Resilient domestic flows cushioned declines despite earnings downgrades and rupee's record low. He advocated sticking to fundamentals—business quality, valuations, risks—while ignoring noise, and urged continuing SIPs for long-term compounding. Portfolio shifts: Overweight banks (private/PSU) for strong balance sheets/growth; turned overweight IT on attractive valuations/cash flows; positive on under-penetrated insurance.Downplayed rupee depreciation and yen carry trade unwind risks, expressing cautious optimism for 2026-27.