DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl

Equity
Direct
Global - Other
DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl

About the Fund

DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 15 February, 2022. The fund is managed by Kedar Karnik, Jay Kothari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl has ₹786 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 Payout Inc Dist cum Cap Wdrl has given a CAGR return of 16.35% since inception. Over the last 1 year the fund has given a CAGR return of 31.53%.

Holdings

DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Tech, Consumer Cyclical, Communication, Health, Consumer Defensive, Industrial, Utilities, Real Estate, Financial Services, Basic Materials, Energy. 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

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 Payout Inc Dist cum Cap Wdrl

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. However, there is no assurance that the investment objective of the Scheme will be realized.

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 Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
14 people have invested ₹ 45.2K in DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio
Expense ratio
1.15%
Benchmark
Benchmark
MSCI ACWI NR LCL
AUM
AUM
₹786 Cr
Inception Date
Inception Date
15 February, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
--/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
22.61%

Fund Distribution
as on (31-Dec-69)

  • Equity 94.2%

  • Debt & Cash 5.8%

Large cap
76.7%

Mid cap
14.1%

Small cap
0%

Sector Allocation

May'24

Apr'24

Mar'24

Tech
54%
Consumer Cyclical
15.5%
Communication
14.3%
Health
5.5%
Consumer Defensive
4%
Industrial
2.9%
Utilities
1.1%
Real Estate
0.8%
Financial Services
0.7%
Basic Materials
0.6%
Energy
0.5%

as on (31-May-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
iShares NASDAQ 100 ETF USD Acc
iShares NASDAQ 100 ETF USD Acc
31.14%
-1.3%
KraneShares CSI China Internet ETF USD
KraneShares CSI China Internet ETF USD
14.92%
0%
Invesco NASDAQ-100 Equal Wght ETF $ Acc
Invesco NASDAQ-100 Equal Wght ETF $ Acc
13.8%
0%

Kedar Karnik
Kedar Karnik
Fund Manager of DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl, since 15 February 2022
Jay Kothari
Jay Kothari
Fund Manager of DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl, since 15 February 2022

DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl 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 16.35% since inception which is more than its category average return of 8.13%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.24% in Equity, 0% in Debt and 5.76% in Cash related instruments
AUM size ₹786 Cr

AUM size ₹786 Cr

This fund has AUM of ₹786 Cr which is more than its category average of ₹ 504 Cr
Expense Ratio 1.15%

Expense Ratio 1.15%

This fund has an expense ratio of 1.15% which is less than its category average expense ratio of 1.41%

Frequently Asked Questions

The current NAV of DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl is ₹14.29 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
3.55%
3.55%
6 Month Returns
19.11%
19.11%
1 Year Returns
31.53%
31.53%
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.
1.15% as on May 2024
₹786 Cr as on May 2024
Tech(50.86%), Consumer Cyclical(14.62%), Communication(13.52%) as on May 2024
The alpha ratio for the DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The alpha for DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The Beta for DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
1.22
-
-
As on May 2024
The sharpe ratio for DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl
17.18
-
-
As on May 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.
Kedar Karnik, Jay Kothari are the fund managers of DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of DSP Global Innovation Fund Of Fund Direct Payout Inc Dist cum Cap Wdrl is 0%