DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth

DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth is an equity fund. This fund was started on 31 December, 2012. The fund is managed by Jay Kothari. The fund could potentially beat inflation in the long-run.

1. DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth has ₹765 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 1.6.
   

DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth has given a CAGR return of 15.82% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.41%, 15.12% and 18.65% respectively.

DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth has allocated its funds majorly in Derivatives, Tech, Financial Services, Cash Equivalent, Health, Communication, Consumer Cyclical, Industrial, Energy, Basic Materials, Government, Corporate. Its top holdings are BGF US Flexible Equity I2

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of Blackrock Global Funds US Flexible Equity Fund (BGF - USFEF). The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/liquid schemes of DSP Mutual Fund, in order to meet liquidity requirements from time to time. It shall be noted ‘similar overseas mutual fund schemes’ shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF – USFEF. The term “Flexible” in the name of the Scheme signifies that the Investment Manager of the Underlying Fund can invest either in growth or value investment characteristic securities placing an emphasis as the market outlook warrants.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth has no lock in period.