DSP Blackrock Opportunities can take sectoral bets in an opportunistic market or can choose to be more diversified if the markets are volatile. Investors averse to undue market risks may choose to invest in other schemes from the same fund house

Having done reasonably well in 2010, DSP Blackrock Opportunities failed to meet investor expectations last year as a couple of misjudged stock calls led to a severe decline in its net asset value (NAV). As such, barring the year 2010, the scheme's performance can be construed to be average vis-avis its peers. It has however, resonably succeeded in delivering better returns than its benchmark over the 10-year haul. A high exposure to infra sector pulled down its NAV in the 2008 meltdown. But the scheme nevertheless managed to beat its benchmark index then. It now has a second fund manager to assist the lead manager. It will thus be interesting to see if the scheme can now capitalise on fothcoming opportunities more successfully.