Vinit Sambre is a well-known name in the Indian stock market. He is the Head of Equities at DSP Mutual Fund, where he manages over INR 30,000 crore in assets under management. His investment style known to be a mix of value and growth, with a focus on identifying quality businesses at a reasonable price.
Sambre started his career as a research analyst with SSKI Securities (now known as IDFC Securities) in 1999. He then moved to DSP Merrill Lynch in 2003 as a Vice President of Research. Where he covered various sectors such as pharmaceuticals, consumer goods, and IT services. In 2008, he moved to DSP BlackRock Mutual Fund (now known as DSP Mutual Fund) as a Portfolio Manager.
Since joining DSP Mutual Fund, Sambre has managed various equity funds such as the DSP Equity Fund, DSP Tax Saver Fund, DSP Small Cap Fund, and DSP Focus Fund. He known for his stock-picking ability and has a long-term approach to investing. He has been instrumental in identifying and investing in some of the best performing stocks in the Indian stock market.
One of the biggest successes of Sambre has been his investment in the chemicals sector. In 2016, he identified the growth potential of the specialty chemicals industry and started investing in companies such as Vinati Organics and Fine Organic Industries. These companies have since become multibaggers, delivering returns of over 10x in just a few years.
Sambre also known for his contrarian approach to investing. He has know to invest in companies that have fallen out of favor with the market but have the potential to bounce back. One such example is his investment in Sun Pharmaceuticals. In 2017, the company was facing regulatory issues, and its stock price had fallen significantly. Sambre saw this as an opportunity and started investing in the company. Today, Sun Pharmaceuticals is one of the largest holdings in DSP Mutual Fund’s portfolio.
Sambre is a disciplined investor and follows a strict investment process. He focuses on understanding the business fundamentals of a company, its growth prospects, and the quality of its management team. He also looks at the valuation of the company. Only invests in stocks that he believes are trading at a reasonable price.
Sambre has recognized for his contribution to the Indian mutual fund industry. He awarded the Best Fund Manager – Equity (Large Fund Category) at the Morningstar India Fund Awards in 2019. He has also been a speaker at various industry conferences. Has shared his investment philosophy with the wider investing community.
In conclusion, Vinit Sambre is a well-respected name in the Indian stock market. His investment style is a mix of value and growth, with a focus on identifying quality businesses at a reasonable price. He has a long-term approach to investing and known for his stock-picking ability. Sambre’s disciplined approach to investing. His ability to identify high-growth companies have made him one of the most successful investors in the Indian mutual fund industry.