DSP World Mining Fund Direct Growth

Equity
Direct
Global - Other
DSP World Mining Fund Direct Growth

About the Fund

DSP World Mining Fund Direct Growth is an equity fund. This fund was started on 31 December, 2012. The fund is managed by Jay Kothari. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. DSP World Mining Fund Direct Growth has ₹160 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.5.

Returns

DSP World Mining Fund Direct Growth has given a CAGR return of 4.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.98%, 5.25% and 15.50% respectively.

Holdings

DSP World Mining Fund Direct Growth has allocated its funds majorly in Basic Materials, Derivatives, Cash Equivalent, Energy, Corporate, Government. Its top holdings are BGF World Mining 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 World Mining Fund Direct Growth

The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global Funds – World Mining Fund (BGF-WMF). 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.

Minimum Investment and lockin period

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

Fund Performance
zero opening, trading, fund transfer fee
477 people have invested ₹ 8L in DSP World Mining Fund Direct Growth in the last three months

Fund Overview

Expense ratio1.51%
Benchmark
MSCI ACWI Mts&M 30%bf 10/40(1994) NR INR
AUM₹160 Cr
Inception Date31 December, 2012
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
5.59%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 97.6%

  • Debt & Cash 2.4%

Large cap
67.1%

Mid cap
25.3%

Small cap
4%

Sector Allocation

May'24

Apr'24

Mar'24

Basic Materials
98.3%
Energy
1.7%

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
BGF World Mining I2
BGF World Mining I2
99.08%
0%

Jay Kothari
Jay Kothari
Fund Manager of DSP World Mining Fund Direct Growth, since 1 March 2013

Mutual Fund Insights

Insights icon
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 61.52% return, outperforming this fund by 55.55%.
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In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 25.93% return, outperforming this fund by 10.43% per annum.
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Over the last 15 months, this fund has increased expense ratio by 0.7% moving from 1.50 to 1.51.
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In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 23.66% return, outperforming this fund by 18.41% per annum.
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Over the last 6 months, this fund has experienced a 4.9% drop in AUM moving from 167.98 Cr to 159.82 Cr.

DSP World Mining 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 4.72% since inception which is less than its category average return of 8.86%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.58% in Equity, 0.01% in Debt and 2.41% in Cash related instruments
AUM size ₹160 Cr

AUM size ₹160 Cr

This fund has AUM of ₹160 Cr which is less than its category average of ₹ 517 Cr
Expense Ratio 1.51%

Expense Ratio 1.51%

This fund has an expense ratio of 1.51% which is more than its category average expense ratio of 1.41%

Frequently Asked Questions

The current NAV of DSP World Mining Fund Direct Growth is ₹17.95 as on 11-Jul-2024.
Existing (Absolute + CAGR) as on 11-Jul-2024.
DSP World Mining Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.4%
4.4%
6 Month Returns
8.91%
8.91%
1 Year Returns
5.98%
5.98%
3 Years Returns
16.58%
5.25%
5 Years Returns
105.59%
15.5%
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.
1.51% as on June 2024
₹160 Cr as on June 2024
The alpha ratio for the DSP World Mining Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP World Mining Fund Direct Growth
-
-
-
As on June 2024
The alpha for DSP World Mining Fund Direct Growth is calculated against MSCI ACWI Mts&M 30%bf 10/40(1994) NR 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 World Mining Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP World Mining Fund Direct Growth
-
-
-
As on June 2024
The Beta for DSP World Mining Fund Direct Growth is calculated with MSCI ACWI Mts&M 30%bf 10/40(1994) NR 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 World Mining Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
DSP World Mining Fund Direct Growth
-0.08
0.07
0.44
As on June 2024
The sharpe ratio for DSP World Mining Fund Direct Growth is calculated with MSCI ACWI Mts&M 30%bf 10/40(1994) NR 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 World Mining Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
DSP World Mining Fund Direct Growth
22.73
26.34
26.53
As on June 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 0.1 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Jay Kothari is the fund manager of DSP World Mining Fund Direct Growth
The Exit load of DSP World Mining Fund Direct Growth is 0%