DSP World Mining Fund Direct Plan Growth
Min amount: ₹500
- Fund Summary
- More about Fund
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|Risk||Very High Risk|
|Fund Type||Global - Other|
More about this fund
|BGF World Mining I2||96.12%|
About DSP World Mining Fund - Direct Plan - Growth
The primary goal of this fund is to provide returns in the form of long-term capital appreciation by investing mostly in the fund units of DSP World Mining Fund. The fund also invests in units of other similar overseas funds operating in the mining sector.
Pros and Cons of DSP World Mining Fund - Direct Plan - Growth
Investing in this fund is apt for those willing to gain exposure towards the fun units of overseas funds that operate in the mining sector. The fund, because of its asset allocation, it naturally carries a high risk of concentration. Therefore, risk-averse investors should be mindful of the risk they are going to assume by investing in this fund.
Fund Information and Statistics
i) Inception/Launch Date
DSP World Mining Fund - Direct Plan - Growth was launched on 3 January 2013.
ii) Risk Level
Since DSP World Mining Fund invests mostly in the fund units of overseas funds operating in the mining sector, it naturally carries a high risk of concentration, and several geopolitical factors affect it. Therefore, the fund is categorised under the ‘high risk’ class of mutual funds.
Since DSP World Mining Fund is open-ended, you can redeem your fund units at any time.
iv) Fund Manager
Mr Jay Kothari is the current fund manager of DSP World Mining Fund.
v) Entry/Exit Load
There are no entry load charges in order to comply with the regulations of the Securities and Exchange Board of India (SEBI). Unlike most equity funds, this fund does not levy any exit load charges on withdrawals.
About DSP Mutual Fund
DSP Mutual Fund got into the groove of offering mutual funds in the country in the year 1996 when it registered itself with the Indian market watchdog. The fund house is being sponsored by Merill Lynch Investment Managers and DSP Merill Lynch Ltd. The fund house’s trustee is DSP Trustee Private Ltd. As of June 2020, DSP Mutual Fund’s assets under management touched Rs 73,409.58 crore.
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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