Question

    A Multi Asset Allocation Fund is set to be launched that will bet on a mix of asset classes like domestic equities, international stocks, debt instruments, gold ETFs, and other commodities & can invest 35-80% of its corpus in equities, of which up to 50% could be in international stocks. Which mutual fund company will launch this  Multi Asset Allocation Fund?

    A DSP Mutual Fund Correct Answer Incorrect Answer
    B Axis Mutual Fund Correct Answer Incorrect Answer
    C SBI Mutual Fund Correct Answer Incorrect Answer
    D Bank of India Mutual Fund Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    DSP Mutual Fund is going to launch its Multi Asset Allocation Fund. The fund will bet on a mix of asset classes like domestic equities, international stocks, debt instruments, gold ETFs, and other commodities. DSP Multi Asset Allocation Fund can invest 35-80% of its corpus in equities, of which up to 50% could be in international stocks. It can invest 10-50% in debt and a gold ETF, while up to 20% in various commodities through ETFs. It can also bet up to 10% in REITs and InvITs.

    Practice Next