DSP World Energy Fund Direct Plan 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 World Energy I2||52.15%|
|BGF Sustainable Energy I2||45.66%|
About DSP World Energy Fund - Direct Plan - Growth
The main intention of the DSP World Energy Fund is to generate good returns by investing mostly in the fund units of BlackRock Global Funds. The fund also invests a considerable amount in the fund units of other similar overseas funds.
Pros and Cons of DSP World Energy Fund - Direct Plan - Growth
Investing in the DSP World Energy Fund is apt for those individuals who would like to gain exposure towards overseas funds operating in the energy sector. Since this fund invests in overseas funds, it is naturally susceptible to several geopolitical factors, and hence, risk-averse investors may not consider investing in this fund if they are not willing to take any risk.
Fund Information and Statistics
i) Inception/Launch Date
DSP World Energy Fund - Direct Plan - Growth was launched on 3 January 2013.
ii) Risk Level
Since the asset allocation of the DSP World Energy Fund is mostly made towards the fund units of overseas funds operating in the energy sector, it naturally carries a high risk of concentration. Therefore, this fund is categorised under ‘high risk’ class of mutual funds.
Since DSP World Energy Fund is open-ended, you can redeem your fund units at any time. However, you have to be mindful of the tax on capital gains while redeeming.
iv) Fund Manager
Mr Jay Kothari is the current fund manager of DSP World Energy Fund.
v) Entry/Exit Load
There is no entry load in order to comply with the norms of the Indian market regulator. This fund comes with no exit load charges as well, and hence you can withdraw your investments at any time without worrying about the exit load.
About DSP Mutual Fund
DSP Mutual Fund started offering mutual funds in India since the year 1996 when it registered with the Securities and Exchange Board of India (SEBI) with DSP Trustee Private Ltd as its trustee. The fund house has DSP Merill Lynch Ltd and Merill Lynch Investment Managers as its sponsors. The asset management company had assets of worth Rs 73,409.58 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