DSP Global Innovation Fund Of Fund Direct Growth

DSP Global Innovation Fund Of Fund Direct Growth

Equity

Direct

Global - Other

NAV as on 04-12-2024

₹ 15.4

0.7%

1D

Inception Returns

16.4%

/yr

About DSP Global Innovation Fund Of Fund Direct Growth

DSP Global Innovation Fund Of Fund Direct Growth is an equity fund. This fund was started on 15 February, 2022. The fund is managed by Jay Kothari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Global Innovation Fund Of Fund Direct Growth has ₹882 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 1.2.

Returns

DSP Global Innovation Fund Of Fund Direct Growth has given a CAGR return of 16.45% since inception. Over the last 1 year the fund has given a CAGR return of 33.96%.

Holdings

DSP Global Innovation Fund Of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Communication, Health, Consumer Defensive, Industrial, Utilities, Real Estate, Financial Services, Basic Materials, Energy, Municipal. Its top holdings are BlueBox Funds Global Technology I Acc, iShares NASDAQ 100 ETF USD Acc, KraneShares CSI China Internet ETF USD, Invesco NASDAQ-100 Equal Wght ETF $ Acc, BlueBox Precision Medicine D USD Acc

Taxation

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of DSP Global Innovation Fund Of Fund Direct Growth

The primary investment objective of the scheme is to seek capital appreciation by investing in global mutual funds schemes and ETFs that primarily invest in companies with innovation theme having potential for higher revenue and earnings growth. 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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Global Innovation Fund Of Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1264 people have invested ₹ 32.8L in DSP Global Innovation Fund Of Fund Direct Growth in the last three months

DSP Global Innovation Fund Of Fund Direct Growth Overview

Expense ratio1.16%
Benchmark
MSCI ACWI NR LCL
AUM₹882 Cr
Inception Date15 February, 2022
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
37.34%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (04-Dec-24)

Period
DSP Global Innovation Fund Of Fund Direct Growth
Global - Other Index
1M
5%
-
3M
13%
-
6M
12.1%
-
1Y
34%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 96%

  • Debt & Cash 4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Tech
53.3%
Consumer Cyclical
16.3%
Communication
13%
Health
7.6%
Consumer Defensive
3.5%
Industrial
2.2%
Utilities
1%
Real Estate
1%
Financial Services
1%
Basic Materials
0.6%
Energy
0.5%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
iShares NASDAQ 100 ETF USD Acc
iShares NASDAQ 100 ETF USD Acc
30.66%
0%
KraneShares CSI China Internet ETF USD
KraneShares CSI China Internet ETF USD
14.95%
0%
Invesco NASDAQ-100 Equal Wght ETF $ Acc
Invesco NASDAQ-100 Equal Wght ETF $ Acc
13%
0%
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Jay Kothari
Jay Kothari
Fund Manager of DSP Global Innovation Fund Of Fund Direct Growth, since 15 February 2022
Fund House
DSP Asset Managers Private Limited
Total Schemes
Total AUM
₹1.28L Cr
as on 30-Sep-2023
Address
India
Phone
91-22-66578000
Website
service@dspblackrock.com

DSP Global Innovation 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 16.45% since inception which is more than its category average return of 9.2%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.02% in Equity, 0.01% in Debt and 3.97% in Cash related instruments
AUM size ₹882 Cr

AUM size ₹882 Cr

This fund has AUM of ₹882 Cr which is more than its category average of ₹ 526 Cr
Expense Ratio 1.16%

Expense Ratio 1.16%

This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.44%

Frequently Asked Questions for DSP Global Innovation Fund Of Fund Direct Growth

The current NAV of DSP Global Innovation Fund Of Fund Direct Growth is ₹15.4 as on 04-Dec-2024.
Existing (Absolute + CAGR) as on 04-Dec-2024.
DSP Global Innovation Fund Of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.01%
5.01%
6 Month Returns
12.08%
12.08%
1 Year Returns
33.96%
33.96%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.16% as on November 2024
₹882 Cr as on November 2024
Tech(51.2%), Consumer Cyclical(15.66%), Communication(12.53%) as on November 2024
The alpha ratio for the DSP Global Innovation Fund Of Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Global Innovation Fund Of Fund Direct Growth
-
-
-
As on November 2024
The alpha for DSP Global Innovation Fund Of Fund Direct Growth is calculated against MSCI ACWI NR LCL. 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 Innovation Fund Of Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Global Innovation Fund Of Fund Direct Growth
-
-
-
As on November 2024
The Beta for DSP Global Innovation Fund Of Fund Direct Growth is calculated with MSCI ACWI NR LCL. 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 Innovation 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 Innovation Fund Of Fund Direct Growth
1.76
-
-
As on November 2024
The sharpe ratio for DSP Global Innovation Fund Of Fund Direct Growth is calculated with MSCI ACWI NR LCL. 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 Innovation 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 Innovation Fund Of Fund Direct Growth
11.47
-
-
As on November 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.
Jay Kothari is the fund manager of DSP Global Innovation Fund Of Fund Direct Growth
The Exit load of DSP Global Innovation Fund Of Fund Direct Growth is 0%