DSP Mutual Fund (formerly known as DSP BlackRock Mutual Fund) is sponsored by DSP ADIKO Holdings Pvt. Ltd. and DSP HMK Holdings Pvt. Ltd. The asset management company (AMC) to the fund is DSP Investment Managers Pvt. Ltd. Earlier, the AMC was known as DSP BlackRock Investment Managers Pvt. Ltd. The trustee to the fund is DSP Trustee Pvt. Ltd. which was formerly known as DSP BlackRock Trustee Company Pvt. Ltd. The DSP Focus Fund - Regular Plan - Growth is one of the many open-ended equity schemes offered by DSP Mutual Fund.
Investment Objective of the DSP Focus Fund - Regular Plan - Growth
The main objective of investing in DSP Focus Fund - Regular Plan - Growth option is the generation of long-term capital growth through investments made in a portfolio of equity and securities related to equity. These can include derivatives of equity as well. The scheme can hold the equity and securities related to equity of a maximum of 30 companies. However, the realisation of the investment objective is not assured for the scheme.
Key Features of the DSP Focus Fund - Regular Plan - Growth
The key features of the DSP Focus Fund - Regular Plan - Growth option are as follows:
|Type of fund||An open-ended equity scheme that invests in a maximum of 30 stocks.|
|Options under each plan||
|Systematic Investment Plan (SIP)||Available|
|Systematic Transfer Plan (STP)||Available|
|Systematic Withdrawal Plan (SWP)||Available|
Investment Amount for the DSP Focus Fund - Regular Plan - Growth
|Minimum application amount||Rs.500 and any amount subsequently|
|Minimum additional investment||Rs.500 and any amount subsequently|
|Minimum instalment for Systematic Investment Plan (SIP)||Rs.500|
|Minimum instalment for Systematic Withdrawal Plan (SWP)||Rs.500|
|Minimum instalment for Systematic Transfer Plan (STP)||Rs.500|
The minimum balance that is required to be maintained for the scheme is Rs.1,000.
Asset Allocation for the DSP Focus Fund - Regular Plan - Growth
|Type of security||Indicative Allocations (percentage of total assets)||Risk Profile|
|Equity and instruments related to equity||65%||100%||High|
|Debt and money market instruments||0%||35%||Low to Medium|
|Units which are issued by REITs and InvITs||0%||10%||Medium to High|
NAV Disclosure and Benchmark for the DSP Focus Fund - Regular Plan - Growth
The Net Asset Value or NAV of the units under the DSP Focus Fund - Regular Plan - Growth plan is calculated by dividing the value of the net assets under the scheme by the number of units that are outstanding on the date of calculation.
One of the following formulae can be used to compute the Net Asset Value of the units under the scheme:
- Net Asset Value (NAV) = (Fair Value or Market Value of the investments of the scheme + Current Assets - Current Liabilities and other Provisions) / Number of units under the scheme that are outstanding
- Net Asset Value (NAV) = (Capital + Reserves and Surplus) / Number of units under the scheme that are outstanding
The NAV is calculated and published by the Mutual Fund by 9:00 p.m. of every working day. The NAV is rounded off to 3 decimal places. On receipt of a request, the latest Net Asset Values or NAVs are also sent to the unitholders through SMS.
The benchmark of the scheme is S&P BSE 200 Index.
DSP Focus Fund - Regular Plan - Growth Fund Manager
The DSP Focus Fund - Regular Plan - Growth option is managed by the following fund managers:
- Mr. Harrish Zaveri
- Mr. Jay Kothari
Mr. Harrish Zaveri has a Bachelor’s degree in Commerce along with a Diploma of Business Finance degree from ICFAI, Hyderabad. He has been managing the scheme since December 2014.
Mr. Jay Kothari is the dedicated fund manager for overseas investments under the scheme. He has a Bachelor in Management Studies (BMS) and an MBA degree in Finance from Mumbai University. He has been managing the scheme since March 2013.
Why should you invest in DSP Focus Fund - Regular Plan - Growth?
DSP Group is one of the oldest and renowned institutions in India which is related to financial services. DSP Mutual Fund, which was formerly known as DSP BlackRock Mutual Fund, was set up under the Indian Trust Act, 1882. If an individual is looking for a reliable fund house to invest in mutual funds with the primary aim of generating long-term capital growth, the DSP Focus Fund - Regular Plan - Growth is a great option.
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