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The Mutual Fund market is taking rapid turns everyday and with the convenience of online investment, the industry has witnessed a tremendous increase in the population of investors driven by eradication of painful paper formalities. As a result, the industry has seen many new entrants out of which, DSP BlackRock Mutual Fund is one of the most giving asset management companies which has constantly bestowed the investors with rewarding products. Since it's inception, the AMC has been able to attract and withhold thousands of satisfied investors, with the number increasing with each passing day. Let us dig in deep for further enhancing our understanding of this AMC.
A Brief Introduction
DSP BlackRock Mutual Fund came into existence on 16th December 1996, and in a span of merely two decades, it has grown to be recognized as one of the most trusted brands of mutual funds. Under the seamless leadership of Mr. Pritesh Majumdar, DSP mutual fund has been able to protect and expand the wealth of its investors and achieve the milestone of managing assets to the tune of Rs. 77819.48 crore as of 30th September 2017.
Products Offered
Though there is a wide variety of mutual fund products offered by DSP Blackrock Mf, there are certain funds that have performed extremely well in the market and have enhanced investors' confidence to put in more money in the market. Some of the star funds are discussed below:
DSP BlackRock Opportunities Fund (G): It is a diversified equity fund having NAV of Rs. 224.78 as of 28th November 2017. Since it's a growth plan, it is most preferred for investors looking out for equities and long-term goals like retirement planning, saving for child’s education or marriage. Also, these funds prove to be fruitful both on a standalone basis or in a portfolio with other investments. Investors should bear in mind the minimum lock-in is one year and redemption before the said period will cost exit load of one percent.
DSP BlackRock Small and Mid Cap Fund (G): Yet again a rewarding and worthwhile mutual fund, it shall definitely form part of one's portfolio; since in the long term, it has the capacity to provide higher returns when compared with large cap funds. Also, with a modest NAV Rs. 56.07 as of 28th November 2017, it's gentle on your pocket, thus patronizing investment proposals.
DSP BlackRock Focus 25 Fund (G): If you are looking forward to gain stability in your portfolio around the redemption horizon, then large cap funds are highly recommended. Focus 25 Fund is a well performing fund in this category which provides both stability and growth prospects to your wealth, which can shoot upto as high as 16.35 % over a generous 5-year investment period.
With over 200 investment professionals guarding the public wealth, DSP BlackRock MF has become one of India's leading asset management companies. Having an environment of exceptional growth, dedication, and modernism, it has mastered the art of gripping rewarding opportunities in emerging markets, and thereby offer radical schemes to its stakeholders. This information is compelling enough to get a hold of smart investors. Online portals like MySIPonline advocate such funds and provide hassle-free options to invest in the best mutual funds.