DSP Black Rock Top 100 Review
Lets see a good Equity Diversified mutual fund today , DSP Black Rock Top 100 , is an old fund , Its name was DSP ML Top 100 earlier , but now its renamed . It comes from one of the best Mutual funds houses DSP Black Rock .
The fund has very good record and consistently outperformed its Benchmark . To get more information see here
Returns
If you see last 1 years returns its only -35% , which is much better than others who have given close to -50% return .
1 yrs : -35%
3 years : 1.2%
5 years returns : 15%
Since Inception : 29%
It has consistently outperformed its category average by good difference. Which is one the evaluating criteria .
Portfolio
Its portfolio is well diversified with high concentration on Large cap companies (50%) , which is good .
Derivatives usage : There is one point to note in the portfolio is that the fund also uses tries to take advantage of Futures (derivatives) . This is a smart action , considering Fund manager understand the risks . Else it can be disaster .
Rating
Its rated as 5 star fund and is places in Low risk High Return Grade by value research online . Though we should not put lot of focus on ratings , its one of the things to look at .
Conclusion : Overall the fund looks good . We have not done any detailed analysis but see it in a way which should be done at the minimum level by an average investor . The main thing is not the product , its the usage and utilization . You can take a normal fund and make most out of it using SIP and portfolio re balancing .
Please do your own findings and see if the fund fits your risk-appetite and criteria . People who want to invest money for atleast 3-5 yrs and without putting lot of efforts on monitoring the market , can invest there money using SIP in this Fund . Keep the money invested for at least 3-4 yrs , and keep monitoring the fund performance minimum once every 6 months .
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