DSP Global Allocation Fund of Fund Direct Growth

DSP Global Allocation Fund of Fund Direct Growth

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Equity
Direct
Global - Other
NAV: ₹ 19.6 as on 22-02-2024
Fund Performance
zero opening, trading, fund transfer fee
87 people have invested ₹ 1.2L in DSP Global Allocation Fund of Fund Direct Growth in the last three months

Mutual Fund Insights

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In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 23.51% return, outperforming this fund by 14.01% per annum.
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In the last 3 years, Kotak NASDAQ 100 Fund of Fund Direct Growth has given 15.69% return, outperforming this fund by 10.87% per annum.
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In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 84.73% return, outperforming this fund by 71.86%.

INDmoney Rank of DSP Global Allocation Fund of Fund Direct Growth

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IND ranking is not available for this fund.

Pros

5Y returns in the top 25% of the category
3Y returns in the top 25% of the category

Cons

No bad points found for this fund.

About the DSP Global Allocation Fund of Fund Direct Growth

DSP Global Allocation Fund of Fund Direct Growth is an equity fund. This fund was started on 21 August, 2014. The fund is managed by Laukik Bagwe, Kedar Karnik, Jay Kothari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Global Allocation Fund of Fund Direct Growth has ₹58 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.4.

DSP Global Allocation Fund of Fund Direct Growth Overview

Expense ratio
Expense ratio
1.39%
Benchmark
Benchmark
MSCI ACWI TR INR
AUM
AUM
₹58 Cr
Inception Date
Inception Date
21 August, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
7.56%

DSP Global Allocation Fund of Fund Direct Growth Distribution as on (31-Dec-69)

  • Equity 62.1%

  • Debt & Cash 33.1%

Size breakup

Large cap
50.6%
Mid cap
12.3%
Small cap
0.6%
Sector Allocation

Jan'24

Dec'23

Nov'23

Tech
23.3%
Financial Services
13.7%
Health
13.6%
Consumer Cyclical
12.1%
Industrial
11.8%
Consumer Defensive
6.4%
Communication
5.8%
Energy
5.6%
Basic Materials
3.8%
Utilities
2%
Real Estate
1.8%

Top Holdings of DSP Global Allocation Fund of Fund Direct Growth as on (31-Jan-24)

  • Debt & Cash

Debt Holdings1
Holdings
Weight%
1M Change
BGF Global Allocation I2
BGF Global Allocation I2
98.49%
-2%

DSP Global Allocation Fund of Fund Direct Growth Fund Manager

Laukik Bagwe
Laukik Bagwe
Fund Manager of DSP Global Allocation Fund of Fund Direct Growth, since 21 August 2014
Kedar Karnik
Kedar Karnik
Fund Manager of DSP Global Allocation Fund of Fund Direct Growth, since 17 July 2016
Jay Kothari
Jay Kothari
Fund Manager of DSP Global Allocation Fund of Fund Direct Growth, since 21 August 2014

DSP Global Allocation Fund of Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.36% since inception which is more than its category average return of 6.91%
Fund Allocations

Fund Allocations

This fund has an allocation of 62.1% in Equity, 33.92% in Debt and -0.83% in Cash related instruments
AUM size ₹58 Cr

AUM size ₹58 Cr

This fund has AUM of ₹58 Cr which is less than its category average of ₹ 467 Cr
Expense Ratio 1.39%

Expense Ratio 1.39%

This fund has an expense ratio of 1.39% which is less than its category average expense ratio of 1.41%

Frequently Asked Questions

The current NAV of DSP Global Allocation Fund of Fund Direct Growth is ₹19.65 as on 22-Feb-2024.
Existing (Absolute + CAGR) as on 22-Feb-2024.
DSP Global Allocation Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.51%
3.51%
6 Month Returns
9.48%
9.48%
1 Year Returns
12.87%
12.87%
3 Years Returns
15.18%
4.82%
5 Years Returns
57.41%
9.5%
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1.39% as on January 2024
₹58 Cr as on January 2024
Tech(14.45%), Financial Services(8.49%), Health(8.48%) as on January 2024
The alpha ratio for the DSP Global Allocation Fund of Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Global Allocation Fund of Fund Direct Growth
-
-
-
As on January 2024
The alpha for DSP Global Allocation Fund of Fund Direct Growth is calculated against MSCI ACWI TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the DSP Global Allocation Fund of Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Global Allocation Fund of Fund Direct Growth
-
-
-
As on January 2024
The Beta for DSP Global Allocation Fund of Fund Direct Growth is calculated with MSCI ACWI TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the DSP Global Allocation Fund of Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP Global Allocation Fund of Fund Direct Growth
0.37
0.02
0.45
As on January 2024
The sharpe ratio for DSP Global Allocation Fund of Fund Direct Growth is calculated with MSCI ACWI TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the DSP Global Allocation Fund of Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP Global Allocation Fund of Fund Direct Growth
9.69
9.77
10.27
As on January 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.03 as on January 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Laukik Bagwe, Kedar Karnik, Jay Kothari are the fund managers of DSP Global Allocation Fund of Fund Direct Growth
The Exit load of DSP Global Allocation Fund of Fund Direct Growth is 0%