DSP Natural Resources & New Energy Fund Direct Plan Growth
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Very High Risk|
|Fund Type||Equity - Other|
More about this fund
|BGF Sustainable Energy I2||13.14%|
|BGF World Energy I2||11.61%|
|Tata Steel Ltd||10.63%|
|Jindal Steel & Power Ltd||8.31%|
|Hindalco Industries Ltd Shs Dematerialised||7.51%|
|Hindustan Zinc Ltd||6.31%|
|Reliance Industries Ltd Shs Dematerialised||5.32%|
|Steel Authority Of India Ltd Shs Dematerialised||4.49%|
|GAIL (India) Ltd||3.3%|
About DSP Natural Resources and New Energy Fund - Direct Plan - Growth
The main intention of this fund is to provide investors with returns in the form of long-term capital appreciation by investing in equity and equity-linked securities of domestic and foreign-based companies operating in the natural resources and energy sectors.
Pros and Cons of DSP Natural Resources and New Energy Fund - Direct Plan - Growth
Investing in this scheme is suitable for those investors who are looking to gain exposure towards both Indian and foreign-based companies operating in India in the field of natural resources and energy. Risk-averse investors should be aware of the high risk of concentration that they are going to take upon investing in this fund.
Fund Information and Statistics
i) Inception/Launch Date
DSP Natural Resources and New Energy Fund - Direct Plan - Growth was launched on 3 January 2013.
ii) Risk Level
This fund carries higher levels of risk since it invests in stocks of companies operating only in one sector. This fund is expected to do well at times when companies operating in the natural resources and energy sectors are thriving.
Since DSP Natural Resources and New Energy Fund - Direct Plan - Growth is open-ended, you can redeem your investments at any time.
iv) Fund Manager
Mr Rohit Singhania is the current fund manager of DSP Natural Resources and New Energy Fund - Direct Plan - Growth.
v) Entry/Exit Load
There is no entry load in accordance with the norms of the Securities and Exchange Board of India (SEBI). Unlike most equity funds, this fund does not levy any exit load charges on investors at the time of redemption.
About DSP Mutual Fund
DSP Mutual Fund was constituted due to the association of DSP Merill Lynch Ltd with Merill Lynch Investment Managers back in the year 1996, and they also happen to be the sponsors of DSP Mutual Fund with whom it got registered with the Securities and Exchange Board of India (SEBI). DSP Trustee Private Ltd its trustee. The fund house had assets of worth Rs 73,409.58 crore under its management as of June 2020.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
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