January 24, 2014 12:14 pm
Just came to know about DSP BlackRock Dynamic Asset Allocation Fund. how is it for long term – 10 15 years. please inform. I wish to invest money for my children education and marriage. regards
t`s a fund of fund, and so expense ratio could be higher,it will rebalance the asset allocation based on market scenario.
There are other similar kind of funds already available. It is comparable with balance funds, and may outperform equity funds in volatile market but under perform aggressively managed equity funds in bull market.
If fund manager`s dynamic re-balancing between equity and debt – calls work well, then can be used opportunistically. But as I don not have any past record to judge and knowledge about Fund Manager’s view, I would stay away of it.
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