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DSP Mutual Fund has launched DSP Multi Asset Allocation Fund, an open-ended scheme that will invest in domestic equity, international equity through ETFs, fixed income and commodities like gold and silver.
The fund will invest between 35-80% in equities, of which up to 50% will be invested international equities through ETFs. It will also invest between 10 to 50% in debt, 10 to 50% in gold ETF, up to 20% in other commodities and up to 10% in REITs and InvITs.
The fund house claims that investors can get indexation benefit if they hold its units for over 3 years.
Kalpen Parekh, MD & CEO, DSP Mutual Fund said, “The most underrated factor in investing is time. Once investors devote time, compounding follows. However, temporary price fluctuations distract most of us from staying invested. Hence, we want to offer a solution which reduces fluctuations by increasing the number of asset classes. Our multi-asset fund adds global stocks, precious metals & bonds to Indian equities, thus enabling investors to take advantage of cycles of each of these and eventually stay invested in the fund for longer due to lower fluctuations as against a single asset class.”
