Please give your views on DSP Black Rock World Gold Fund which has given around 100 % return so far in one year, But last 5 years return is pathetic, Please give your valuable suggestion can we still invest in this fund?
DSP BlackRock World Gold Fund is a thematic fund. Thematic funds are the riskiest amongst equity funds, therefore, if your risk profile is very high or you want to allocate a small portion of your investible surplus in very high risk funds then you may invest in this fund.
The fund would predominantly invest in units of the global BlackRock Funds - World Gold Fund. In addition to this, a significant part of its corpus is invested in units of other overseas mutual funds of similar nature. The year-to-date return of this fund is 99.21% and the 1 month, 3 month, 1 year, 3 year and 5 year performance is 15.03%, 34.37%, 87.06%, 13.44% (annualised) and -2.88% (annualised).
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