Use weakness in metals to buy DSP NRNE Fund
Synopsis
The 8% decline metal stocks could be an entry point for investors to put money in DSP Natural Resources and New Energy Fund, said financial planners.
The 8% decline metal stocks could be an entry point for investors to put money in DSP Natural Resources and New Energy Fund, said financial planners. The fund has allocated 48% of its corpus to metals, 26% to domestic energy and 22% to international energy. With inventory in metals low and no new capacity additions over the next 12-18 months, analysts believe prices are likely to remain firm. As the developed world moves closer to reopening ,