DSP Global Clean Energy Fund of Fund Direct Growth

DSP Global Clean Energy 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.

1. DSP Global Clean Energy Fund of Fund Direct Growth has ₹79 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.
   

DSP Global Clean Energy Fund of Fund Direct Growth has given a CAGR return of 3.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -8.70%, 0.46% and 9.38% respectively.

DSP Global Clean Energy Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Derivatives, Industrial, Tech, Utilities, Basic Materials, Consumer Cyclical, Government, Corporate. Its top holdings are BGF Sustainable Energy I2

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BGF – WEF and BGF - SEF. 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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Global Clean Energy Fund of Fund Direct Growth has no lock in period.