I am interested in investing for my daughter’s future. I am thinking of putting up my funds in DSP Blackrock Dynamic Asset Allocation Fund. What is your opinion on it if I invest in it for more than 10 years?
This fund is known for rebalancing its asset allocation as per the market scenario. In case of volatile market, this fund tends to outperform equity funds and in bullish phase, it may underperform equity funds. Its overall performance depends on fund manager’s strategy on balancing and rebalancing. Personally, I would not have invested in this fund.