The great tragedy in the mutual fund space is the temporary closure of DSP BlackRock Micro Cap Fund. So what is the alternative to DSP Microcap? Some common sense perhaps? Maybe asset allocation? No, that is not an attempt at humour, I am serious. Anyways, here is a couple of real alternatives to DSP Microcap until the great fund opens again and why I am not so keen to invest in such funds.
Well, I am keen, but will not have an exposure of more than 10%. Who does not like returns? But risk is the shadow of returns, and managing my portfolio would be harder with the kind of risk these funds pose. Sorry, I don't buy the statements like: