DSP Natural Resource & New Energy Fund Retail Growth
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Min amount: ₹500
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|Fund Type||Equity - Other|
More about this fund
|Hindalco Industries Ltd||10.08%|
|Oil & Natural Gas Corp Ltd||8.71%|
|Coal India Ltd||8.01%|
|Reliance Industries Ltd||7.99%|
|BGF Sustainable Energy I2||7.75%|
|Tata Steel Ltd||7.69%|
|Bharat Petroleum Corp Ltd||6.26%|
|GAIL (India) Ltd||4.68%|
About DSP Natural Resources & New Energy Fund
DSP Natural Resources & New Energy Fund is an open-ended scheme investing in equity & equity-related securities of companies involved in sectors such as mining, energy, etc. and companies working in alternative energy and energy technology companies. The scheme will also invest in units of overseas funds which invests in the aforementioned companies. The fund seeks to deliver long-term capital growth.
Pros & Cons of DSP Natural Resources & New Energy Fund
DSP Natural Resources & New Energy Fund offers the following benefits:
- The fund allows investors to indulge in thematic investment and appreciate their capital.
- The natural resources and new/alternative energy are upcoming sectors due to the rise in global warming.
- The long-term fund returns (3 & 5 years) are substantially higher than the average category return.
Fund Information and Statistics of DSP Natural Resources & New Energy Fund
Inception / Launch date
The DSP Natural Resources & New Energy Fund was launched on April 25, 2008, by DSP Mutual Funds.
Investment in this fund are at high-risk and suitable only for investors who wish to invest in a thematic scheme.
The Scheme will offer units for repurchase and redemption at applicable NAV price on every Business Day. The redemption proceeds will be dispatched within 3 business days.
The fund is jointly managed by Mr Rohit Singhania since July 2010 and Mr Jay Kothari since March 2013. They have a collective experience of 32 years between them.
Entry / Exit load
The fund house does not charge any entry load or exit load if units are redeemed after one year from the date of allotment. However, 1% exit load is charged if the units are redeemed before that time period.
Tax benefits of investing in DSP Natural Resources & New Energy Fund
- A short-term capital gain tax of 15 % is levied is the units are sold within one year from the date of allotment.
- Long-term capital gains, in excess of Rs 1 lakh, are taxed at 10% if the units are sold after one year.
- Dividend distribution may be applicable.
About DSP Mutual Fund
DSP Mutual Fund is a part of DSP Group which has a history of 152 years offering a range of financial services. The group has been one of the key players involved in shaping the financial industry and capital markets in India. DSP Mutual Fund aims to offer a wide array of investment solutions aimed at balancing risks and opportunities.
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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