March 15, 2024
mayank
DSP Global Innovation FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 13.5344
NAV IDCW: Rs 13.5344
Suitable For Which Investors?
This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Jay Kothari
Education: Mr. Kothari is a BMS and MBA from Mumbai University.
Experience: Prior to becoming the fund manager in DSP Mutual Fund, he has worked as the Vice President in the equity investments division as well a product strategist in DSPBRIM.
2) Kedar Karnik
Education: Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Experience: Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 14-Feb-22 |
| Return Since Launch | 15.69% |
| Benchmark | MSCI All Country World TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 746 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.17% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of DSP Global Innovation FoF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Global Innovation FoF Dir | 9.62 | -0.15 | 3.95 | 12.79 | 22.28 | 51.40 | — | — | — | — |
| S&P BSE 500 TRI* | 2.74 | 1.40 | 0.11 | 5.22 | 13.39 | 39.73 | — | — | — | — |
Peer Comparison of DSP Global Innovation FoF
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| DSP Global Innovation FoF Dir | Unrated | 51.40 | — | — | 1.17 | 746 | 15.69 | — | 2Y 1M | — |
| Motilal Oswal Nasdaq 100 FOF Dir | Unrated | 50.51 | 16.18 | 23.81 | 0.18 | 4,612 | 23.93 | 1.00 (15) | 5Y 3M | — |
| Franklin India Feeder Franklin US Opp Dir | Unrated | 48.89 | 10.09 | 17.40 | 0.54 | 3,568 | 17.64 | 1.00 (365) | 11Y 2M | 2.44 |
| Kotak Nasdaq 100 FOF Dir | Unrated | 49.17 | 17.09 | — | 0.29 | 2,908 | 14.37 | — | 3Y 1M | 2.01 |
| Edelweiss US Technology Equity FoF Dir | Unrated | 61.28 | 9.71 | — | 1.46 | 2,276 | 23.45 | 1.00 (90) | 4Y | — |
How to Invest in DSP Global Innovation FoF?
Chanakya’s Mutual Fund Guidance For DSP Global Innovation FoF
Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
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Quicklinks
https://sahifund.com/axis-global-innovation-fof/