DSP World Mining Fund of Fund Direct Growth

DSP World Mining Fund of Fund Direct Growth

Equity

Direct

Global - Other

NAV as on 07-03-2025

₹ 17.5

-0.7%

1D

Inception Returns

4.2%

/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 ₹129 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 4.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.49%, -2.03% and 15.67% 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 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.

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

Absolute

zero opening, trading, fund transfer fee
179 people have invested ₹ 2.4L 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

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3Y returns in the bottom 25% of the category

DSP World Mining Fund of Fund Direct Growth Overview

Expense ratio1.51%
Benchmark
MSCI ACWI M&M 30% Buffer 10/40 NR LOCAL
AUM₹129 Cr
Inception Date31 December, 2012
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
2.38%
STCGIf held for less than 24 months - slab rates.
LTCGIf held for more than 24 months - 12.5% without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (07-Mar-25)

Period
DSP World Mining Fund of Fund Direct Growth
Global - Other Index
1M
-2.1%
-
3M
0.7%
-
6M
6.3%
-
1Y
9.5%
-
3Y
-2%
-
5Y
15.7%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 96.4%

  • Debt & Cash 3.6%

Sector Allocation

Jan'25

Dec'24

Nov'24

Basic Materials
97.6%
Energy
2.4%
  • Debt & Cash

Holdings
Weight%
1M Change
BGF World Mining I2
BGF World Mining I2
98.88%
-1.7%
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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 38.91% return, outperforming this fund by 40.94% per annum.
Insights icon
In the last 1 year, Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has given 102.79% return, outperforming this fund by 93.29%.
Insights icon
Over the last 3 months, this fund has experienced a 9.1% drop in AUM moving from 141.35 Cr to 128.51 Cr.
Insights icon
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 24% return, outperforming this fund by 8.33% per annum.

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 4.24% since inception which is less than its category average return of 8.74%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.37% in Equity, 0.05% in Debt and 3.58% in Cash related instruments
AUM size ₹129 Cr

AUM size ₹129 Cr

This fund has AUM of ₹129 Cr which is less than its category average of ₹ 624 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 1.32%

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 ₹17.5 as on 07-Mar-2025.
Existing (Absolute + CAGR) as on 07-Mar-2025.
DSP World Mining Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.09%
-2.09%
6 Month Returns
6.32%
6.32%
1 Year Returns
9.49%
9.49%
3 Years Returns
-5.98%
-2.03%
5 Years Returns
107.03%
15.67%
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1.51% as on February 2025
₹129 Cr as on February 2025
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 February 2025
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 February 2025
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
0.2
-0.17
0.5
As on February 2025
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
19.9
24.99
26.24
As on February 2025
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.
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%