DSP World Gold Fund - Direct Plan - Growth

About DSP World Gold Fund - Direct Plan - Growth

The main objective of this fund is to generate high returns by investing in the units of the BlackRock Fund- World Gold Fun. Apart from this, the fund also invests in other overseas mutual funds of the similar sort.

Pros and Cons of DSP World Gold Fund - Direct Plan - Growth

The primary advantage of investing in this fund is that you get exposure to a wide range of overseas funds. You stand a good chance of making significant gains when the markets are down well. On the flip side, the fund can be volatile as several geopolitical factors have a direct say on the fund’s performance.

Fund Information and Statistics

i) Inception/Launch Date

DSP World Gold Fund was launched on 1 January 2013.

ii) Risk Level

Since DSP World Fund invests in overseas funds, it is naturally susceptible to various geopolitical factors, which automatically makes the fund be categorised under ‘high risk’ class of mutual funds.

iii) Redemption

Since DSP World Gold Fund is open-ended, you can place redemption requests at any time.

iv) Fund Manager

Mr Jay Kothari is the current fund manager of DSP World Gold Fund.

v) Entry/Exit Load

There is no entry load as per the norms of the Securities and Exchange Board of India (SEBI). This fund does not have an exit load as well.

About DSP Mutual Fund

DSP Mutual Fund was set up as a result of the association of Merill Lynch Investment Managers and DSP Merill Lynch Ltd. The fund house entered the Indian mutual fund fore back in 1996 by registering itself with the Securities and Exchange of India with DSP Trustee Private Ltd as its trustee. The asset management company’s (AMC) assets under management amounted to touch Rs 73,409.58 crore as of June 2020.