DSP Global Allocation Fund Direct Growth
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Very High Risk|
|Fund Type||Global - Other|
More about this fund
|BGF Global Allocation I2||96.81%|
|Treps / Reverse Repo Investments / Corporate Debt Repo||3.81%|
About DSP Global Allocation Fund - Direct Plan - Growth
DSP Global Allocation Fund - Direct Plan - Growth, aims to generate capital growth in the long-term, by investing mainly in units of BlackRock Global Funds - Global Allocation Fund, and also units of overseas mutual fund schemes. The fund manager invests in a portfolio of foreign company stocks, to generate maximum return for the investors.
Pros and Cons of DSP Global Allocation Fund - Direct Plan - Growth
The DSP Global Allocation Fund - Direct Plan - Growth, invests in a portfolio of International Stocks, with a small portion allocated to money market instruments. The fund manager focuses on foreign stocks for higher return and also to diversify the portfolio. On the flip side, the fund invests in stocks and is not suitable for conservative investors.
Fund Information and Statistics
i) Inception/Launch Date
DSP Global Allocation Fund was launched on 21 August 2014.
ii) Risk Level
DSP Mutual Fund has classified the DSP Global Allocation Fund as 'high risk'. It is riskier as compared to debt funds.
The DSP Global Allocation Fund is open-ended and you can redeem the investment at any time.
iv) Fund Manager
Mr Kedar Karnik and Mr Laukik Bagwe are the current fund managers of the DSP Global Allocation Fund.
v) Entry/Exit Load
SEBI norms have stopped mutual fund houses from levying an entry load. The fund has no exit load.
About DSP Mutual Fund
DSP Mutual Fund was started as a joint venture between DSP Group of India and Merrill Lynch of the USA in 1996, after registering with the Indian Capital Market Regulator. It was previously known as DSP BlackRock Mutual Fund. DSP HMK Holdings, DSP Adiko Holdings and BlackRock Inc are its sponsors. DSP BlackRock Trustee Company Pvt. Ltd. is its trustee. The fund has total assets under management (AUM) of Rs 73,450 crore, as of June 2020.
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Min amount: ₹500
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns