DSP Multi Asset Allocation Fund NFO: Key details you need to know

11 Sep 2023 , 01:10 PM

DSP Mutual Fund is launching NFO under its “hybrid category”, named as DSP Multi Asset Allocation Fund. This open-ended fund seek to generate long term capital appreciation by investing in multi asset classes including equity and equity related securities, debt and money market instruments, commodity ETFs, exchange traded commodity derivatives and overseas securities.

Investment strategy: The exact allocation in various asset classes and schemes would be decided based on the fund manager’s outlook on prevalent market conditions and changing business environment.

Asset allocation: The scheme will predominantly invest in Equity & Equity related Securities, Debt & Money Market Instruments, Commodity ETFs and Exchange Traded Commodity Derivatives.

Who should invest?

Investors with very high risk appetite and want to invest for 5 to 7 years to diversify the portfolio should invest in DSP Multi Asset Allocation Fund. 

Risk associated: Very high level of risk.

Benchmark: 40% NIFTY500 TRI + 20% NIFTY Composite Debt Index + 15% Domestic Price of Physical Gold (based on London Bullion Market Association (LBMA) gold daily spot fixing price) + 5% iCOMDEX Composite Index + 20% MSCI World Index.

Fund Managers: Ms. Aparna Karnik, Mr. Prateek Nigudkar, Mr. Sandeep Yadav, Mr. Jay Kothari, and Mr. Ravi Gehani.

The NFO is available for subscription from September 7 to September 21. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 100/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in DSP Multi Asset Allocation Fund.