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Please HELP. Thanks a Lot.
Yes, you are right. A Big corpus makes it unwieldy for a Fund Manager to manager his Fund in prudent fashion. Likewise a Small Corpus makes it difficult to make Large Purchases during attractive downturns.
Thus, it is essential that AMCs set up a Cap for each of their Funds, wherein, if the Fund Corpus goes above their comfort zone, they stop Fresh Subscription into the Fund.
Even Reliance Growth Fund once stopped Fresh Subscription in 2005 for a brief period.
If you are particular about Fund Size, then chose a fund which is nearer the Category Average.
As for DSP Blackrock top 100 fund, you can consider going for investments, however, do make periodic reviews and make appropriate adjustments.
Your mutual fund investments need to be periodically monitored. More than the fund size, you will need to keep track of its performance. If you notice a significant degradation of performance, then you will need to find an another fund to invest in. Please note, performance is the key (though fund size might indirectly affect performance).
Even Mirae Asset too has been very successful because of small size which allows it to be nimble-footed. I like their Mirae Asset India Opportunities Fund very much.
Go on, invest in DSPBR Top 100 Fund.
Best of luck,
Srikanth Shankar Matrubai