DSP Global Allocation Fund Direct Growth - Regular - Latest NAV [ ₹18.348 ], Returns, Performance, Portfolio & Returns 2021

DSP Global Allocation Fund Direct Growth

3 yr CAGR
+11.18%
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Fund overview

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Net Asset Value

18.2686
aum

AUM (Fund size)

108.29 Crore
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Lock-in period

0
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Exit Load

0 % for 0 days
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Expense ratio

0.7%
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Risk

Very High Risk

Top holdings

HoldingsWeightage
BGF Global Allocation I297.29%
Treps / Reverse Repo Investments / Corporate Debt Repo2.77%
Net Receivables/Payables0.05%

Calculate returns

Monthly (SIP)
One-Time
yrs
₹4,000 invested monthly becomes 0 in a period of 20 years

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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.

iii) Redemption

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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Monthly (SIP)
One-Time
Amount
Estimated value after 3 years

(as per historical returns)

2.25 Lakhs
Min investmentment of ₹500 required
risk

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Frequently Asked Questions

What are equity funds?

Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization

What is recommended investment duration?

It is the suggested period for which one should invest in a mutual fund. It does not mean that the money will be locked-in for that period. While the investor can withdraw the money anytime before, it is advisable to stay invested for the suggested period to reap the best benefits (returns).

What are large cap, mid cap, small cap and multi cap equity funds?

SEBI ranks all listed companies based on the overall market capitalization (total value of outstanding shares). Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards Multi-cap funds invest in small cap, mid cap and large cap companies

What are liquid funds?

Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment. Investing in mutual funds will give you higher returns as compared to a savings account which generally offer interests below 4%. At the same time, you can get your money out of liquid funds any time without any penalty or cost.

What are ELSS funds?

ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years. ELSS has benefits over other conventional tax saving instruments like FDs, NPS, etc. It has the lowest lock in period and the returns are higher than the other tax-saving schemes.

What are Balanced/ Hybrid funds?

Hybrid funds are mutual funds in which the fund manager allocates your money in both equity and debt in a certain ratio. The ratio is decided when the fund is announced and it remains constant throughout.

What are annualized returns?

The return for a period more than 1 year is annualized. For instance, a 3-Year Return (annualized) of 18% means the fund gave 18% return each year, on an average, for the last 3 years. An initial investment of Rs 1000 would have grow into: Rs 1000*1.18*1.18*1.18 = Rs 1643 in 3 years.

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options.

Should I choose Monthly SIP or One time investment?

An SIP allows you to invest a fixed sum regularly in mutual fund(s) of your choice. A one-time investment is when you invest on-time in bulk in mutual fund(s). SIP comes with few advantages: It allows you to invest small amount every month without the stress of paying in bulk. Investing all through the year averages the cost of investing - you don?t end up paying too much per unit of mutual fund. Gives you financial discipline

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What are debt-funds?

Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.

What are Bluechip funds?

Bluechip funds are those funds that invest in stocks of well established companies which have proved to perform financially well over a long period of time.