DSP Natural Resources & New Energy Fund Direct Growth

DSP Natural Resources & New Energy Fund Direct Growth is an equity fund. This fund was started on 31 December, 2012. The fund is managed by Jay Kothari, Rohit Singhania. The fund could potentially beat inflation in the long-run.

1. DSP Natural Resources & New Energy Fund Direct Growth has ₹1336 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
2. The fund has an expense ratio 1.
   

DSP Natural Resources & New Energy Fund Direct Growth has given a CAGR return of 19.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 48.27%, 20.40% and 25.59% respectively.

DSP Natural Resources & New Energy Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Basic Materials, Energy, Derivatives, Utilities, Industrial, Tech, Consumer Cyclical, Government, Corporate. Its top holdings are Hindalco Industries Ltd, Coal India Ltd, Tata Steel Ltd, BGF World Energy I2, Jindal Steel & Power Ltd

As it is a equity - 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.

The primary investment objective is seeking to generate long term capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies domiciled in India whose pre-dominant economic activity is in the: a) discovery, development, production, or distribution of natural resources, viz., energy, mining etc; (b) alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies. The Scheme will also invest a certain portion of its corpus in the equity and equity related securities of companies domiciled overseas, which are principally engaged in the discovery, development, production or distribution of natural resources and alternative energy and/ or the units/shares of BlackRock Global Funds – Sustainable Energy Fund, BlackRock Global Funds – World Energy Fund and similar other overseas mutual fund schemes.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Natural Resources & New Energy Fund Direct Growth has no lock in period.