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

Equity

Direct

Global - Other

NAV as on 11-10-2024

₹ 60.85

0.7%

1D

Inception Returns

16.3%

/yr

About the Fund

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 Laukik Bagwe, Kedar Karnik, Jay Kothari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth has ₹909 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 1.5.

Returns

DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth has given a CAGR return of 16.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.22%, 12.10% and 17.82% respectively.

Holdings

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

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

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 and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1490 people have invested ₹ 46.4L in DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth in the last three months

INDmoney Rank

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Fund Overview

Expense ratio1.5%
Benchmark
Russell 1000 TR USD
AUM₹909 Cr
Inception Date31 December, 2012
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
2.63%
STCGSelling 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 (11-Oct-24)

Period
DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth
Global - Other Index
1M
5.5%
-
3M
0.5%
-
6M
7.3%
-
1Y
25.2%
-
3Y
12.1%
-
5Y
17.8%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 97.8%

  • Debt & Cash 2.2%

Sector Allocation

Aug'24

Jul'24

Jun'24

Tech
32.6%
Health
16.7%
Communication
13.2%
Financial Services
12.6%
Consumer Cyclical
10.2%
Basic Materials
3.7%
Energy
3.7%
Industrial
2.8%
Consumer Defensive
2.8%
Real Estate
1.7%
  • Debt & Cash

Holdings
Weight%
1M Change
BGF US Flexible Equity I2
BGF US Flexible Equity I2
98.93%
-0.9%
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Laukik Bagwe
Laukik Bagwe
Fund Manager of DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth, since 3 August 2012
Kedar Karnik
Kedar Karnik
Fund Manager of DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth, since 17 July 2016
Jay Kothari
Jay Kothari
Fund Manager of DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth, since 1 March 2013
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

Mutual Fund Insights

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In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 21.78% return, outperforming this fund by 9.68% per annum.
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In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 53.24% return, outperforming this fund by 28.01%.
Insights icon
Over the last 15 months, this fund has increased expense ratio by 0.7% moving from 1.49 to 1.50.
Insights icon
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 24.8% return, outperforming this fund by 6.99% per annum.

DSP US Flexible Equity Fund of Fund of 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 16.32% since inception which is more than its category average return of 9.1%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.84% in Equity, 0.01% in Debt and 2.15% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is more than its category average of ₹ 525 Cr
Expense Ratio 1.5%

Expense Ratio 1.5%

This fund has an expense ratio of 1.5% which is more than its category average expense ratio of 1.42%

Frequently Asked Questions

The current NAV of DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth is ₹60.85 as on 11-Oct-2024.
Existing (Absolute + CAGR) as on 11-Oct-2024.
DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.46%
5.46%
6 Month Returns
7.3%
7.3%
1 Year Returns
25.22%
25.22%
3 Years Returns
40.88%
12.1%
5 Years Returns
127.01%
17.82%
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1.5% as on September 2024
₹909 Cr as on September 2024
Tech(31.9%), Health(16.3%), Communication(12.92%) as on September 2024
The alpha ratio for the DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth
-5.32
-0.84
0.18
As on September 2024
The alpha for DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth is calculated against Russell 1000 TR USD. 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 US Flexible Equity Fund of Fund of Fund of Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth
0.83
0.78
0.86
As on September 2024
The Beta for DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth is calculated with Russell 1000 TR USD. 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 US Flexible Equity Fund of Fund of 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 US Flexible Equity Fund of Fund of Fund of Fund Direct Growth
1.45
0.5
0.81
As on September 2024
The sharpe ratio for DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth is calculated with Russell 1000 TR USD. 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 US Flexible Equity Fund of Fund of 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 US Flexible Equity Fund of Fund of Fund of Fund Direct Growth
11.07
13.74
15.35
As on September 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 0.78 as on September 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 US Flexible Equity Fund of Fund of Fund of Fund Direct Growth
The Exit load of DSP US Flexible Equity Fund of Fund of Fund of Fund Direct Growth is 0%