Tuesday, February 28, 2012

Q&A: Why DSP Merrill Lynch World Gold Fund under performing for ...

Question by Trel: Why DSP Merrill Lynch World Gold Fund under performing for past 2 months ?

I have invested INR 1,00,000 in DSP ML world Gold Fund, at NAV of Rs.14 on end Oct?07, after investing this fund the NAV has been moving to underneath. But it was performed well in earlier days. It was gave 40% returns with in 3 months period. What should I do for in this case, shall I hold and switch to another fund. Please suggest us.

I think, you should give it more time. You can?t judge a fund on two months performance. It is a good fund. & you will have to pay 0.50% exit load, if you redeem before six months.

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