DSP World Mining Fund of Fund Direct Growth

DSP World Mining Fund of Fund Direct Growth

Equity

Direct

Global - Other

NAV as on 06-12-2024

₹ 17.37

-1.3%

1D

Inception Returns

4.3%

/yr

About DSP World Mining Fund of Fund Direct Growth

DSP World Mining Fund of 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 of Fund Direct Growth has ₹141 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 of Fund Direct Growth has given a CAGR return of 4.27% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.87%, 6.65% and 14.52% respectively.

Holdings

DSP World Mining Fund of Fund Direct Growth has allocated its funds majorly in Basic Materials, Derivatives, Cash Equivalent, Energy, Government, Corporate. 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 of 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. 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 of Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
280 people have invested ₹ 7.9L in DSP World Mining Fund of Fund Direct Growth in the last three months

INDmoney Rank for DSP World Mining Fund of Fund Direct Growth

Powered by IND quant engine
IND ranking is not available for this fund.
img
Beats FD returns for both 3Y & 5Y duration
img
No bad points found for this fund.

DSP World Mining Fund of Fund Direct Growth Overview

Expense ratio1.51%
Benchmark
MSCI ACWI M&M 30% Buffer 10/40 NR LOCAL
AUM₹141 Cr
Inception Date31 December, 2012
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
2.38%
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 (06-Dec-24)

Period
DSP World Mining Fund of Fund Direct Growth
Global - Other Index
1M
-2.8%
-
3M
5.5%
-
6M
-1.9%
-
1Y
6.9%
-
3Y
6.6%
-
5Y
14.5%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 95.4%

  • Debt & Cash 4.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Basic Materials
98.2%
Energy
1.8%
  • Debt & Cash

Holdings
Weight%
1M Change
BGF World Mining I2
BGF World Mining I2
99.14%
5.1%
Loading...
We are taking more time than usual
Jay Kothari
Jay Kothari
Fund Manager of DSP World Mining 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

Insights icon
In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 33.05% return, outperforming this fund by 26.41% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 11.9% drop in AUM moving from 160.48 Cr to 141.35 Cr.
Insights icon
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 25.03% return, outperforming this fund by 10.51% per annum.
Insights icon
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 90.68% return, outperforming this fund by 83.81%.

DSP World Mining 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 4.27% since inception which is less than its category average return of 9.22%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.45% in Equity, 0.02% in Debt and 4.53% in Cash related instruments
AUM size ₹141 Cr

AUM size ₹141 Cr

This fund has AUM of ₹141 Cr which is less than its category average of ₹ 527 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 1.44%

Frequently Asked Questions for DSP World Mining Fund of Fund Direct Growth

The current NAV of DSP World Mining Fund of Fund Direct Growth is ₹17.37 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
DSP World Mining Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.82%
-2.82%
6 Month Returns
-1.92%
-1.92%
1 Year Returns
6.87%
6.87%
3 Years Returns
21.29%
6.65%
5 Years Returns
97%
14.52%
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 November 2024
₹141 Cr as on November 2024
The alpha ratio for the DSP World Mining Fund of Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
DSP World Mining Fund of Fund Direct Growth
-
-
-
As on November 2024
The alpha for DSP World Mining Fund of Fund Direct Growth is calculated against MSCI ACWI M&M 30% Buffer 10/40 NR LOCAL. 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 of Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
DSP World Mining Fund of Fund Direct Growth
-
-
-
As on November 2024
The Beta for DSP World Mining Fund of Fund Direct Growth is calculated with MSCI ACWI M&M 30% Buffer 10/40 NR LOCAL. 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 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 World Mining Fund of Fund Direct Growth
0.16
0.14
0.46
As on November 2024
The sharpe ratio for DSP World Mining Fund of Fund Direct Growth is calculated with MSCI ACWI M&M 30% Buffer 10/40 NR LOCAL. 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 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 World Mining Fund of Fund Direct Growth
20.44
25.63
26.78
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.
Sortino ratio is 0.21 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Jay Kothari is the fund manager of DSP World Mining Fund of Fund Direct Growth
The Exit load of DSP World Mining Fund of Fund Direct Growth is 0%