You invest in a scheme that was started by that fund house. You want to invest in DSP Black Rock Apart Fund. This is the name of a scheme of that fund house. When deciding on investment, you have to take care of your goals, risk-taking ability, and the duration of the investment. For short term, you can choose debt mutual fund schemes.
There is less risk in debt schemes and these banks have more tax-saving investments than fixed deposits. Accordingly, more returns can be earned in this. According to long-term financial goals, you can invest in equity mutual fund schemes. Equity mutual fund schemes invest in shares, which can earn good returns in the long run. However, it should be invested only when you have five to seven years of time.
You Should Take Advice
Since you are new to mutual fund investments, you should contact a mutual fund advisor.
The world’s largest investment management company DSP Group and BlackRock are talking about ending joint ventures (JVs). In the shared venture DSP BlackRock Investment Managers, the share of both is in the ratio of 60:40. There were discussions about the separation of the two from the past. According to Kogenages, Black Rock could announce it next week. Black Rock will maintain its investment in India through other ventures.
Although this has not happened for the first time when discussions about the separation of the two groups have come up. DSP Black Rock is one of the top 10 fund houses in India and by March 31, he has managed assets worth $ 860 billion. The company has not yet confirmed the news of the separation.
The DSP Group’s command is in the hands of Hemendra Kothari. DSP GROUP is one of India’s oldest financial services companies. Black Rock is the world’s largest asset management company. By the end of December, this firm had property management worth over $ 6 million.
Double Asset Under Management
Records have been invested in mutual funds in the past year. According to statistics, an average of Rs 4000 to Rs 6000 crore was invested every month during the past one year through SIP. The industry’s assets under management has doubled in just three years.