Watch changes at DSP and IDFC Mutual Fund closely before taking a call

Exit only if the fund manager or the owner changes, and new one is not someone you want to trust your money with

Events are currently underway that will result in changes in ownership patterns at two fund houses. The DSP group has bought out BlackRock's 40 per cent stake in DSP BlackRock Investment Managers, and the bidding process for the sale of IDFC Mutual Fund is also underway. When such changes take place, they introduce an element of uncertainty. Investors need to keep a close eye on developments at these fund houses and respond in a well-informed manner to them. 

According to experts, the critical contribution of BlackRock to the joint venture was the monitoring and risk management systems it had shared