# DSP fund manager urges buying whole oil basket amid Hormuz tensions

2026-08-18T03:15:47+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet (2 source reports)

Oil and gas stocks are moving in opposite directions after the Hormuz Strait tensions, but DSP Mutual Fund manager Singh advises investors to buy the whole basket rather than pick a side, NDTV Profit reports. Upstream companies have gained on output fears, while downstream firms fell on margin worries. Singh told NDTV Profit in an exclusive email interview that the contrasting valuations within the sector make owning both segments attractive. He argued that the divergence creates a rare opportunity to hedge across the oil cycle. The fund manager recommended a balanced exposure to capture gains from both crude-linked producers and domestic-focused refiners. Investors will watch for any escalation in Hormuz and its effect on weekly inventory data.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/hormuz-impact-upstream-downstream-oil-stocks-at-odds-dsp-fund-manager-explains-why-11923536>
- ndtvprofit.com (2) <https://www.ndtvprofit.com/markets/hormuz-impact-upstream-downstream-oil-stocks-at-odds-dsp-fund-manager-explains-why-11923536#publisher=newsstand>

This story was synthesised by AI from the 2 sources linked above.

Tags: crude oil, DSP Mutual Fund, Strait of Hormuz
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