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  • DSP World Gold Fund-Reg(G)

    DSP World Gold Fund-Reg(G)
    Dividend Yearly
    NA
    Category
    Equity - FOF
    52-week NAV high
    12.46  (As on 24-01-2018)
    52-week NAV low
    9.68  (As on 11-09-2018)
    Expense
    2.89%  (As on 31-10-2018)

    Performance

    1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
    Fund Returns 3.77 8.60 -5.11 -4.51 -5.58 8.50 1.54 0.40 -
    Scheme Details
    Fund Type
    Open Ended
    Investment Plan
    Growth
    Bonus
    NA
    Launch Date
    Sep 14, 2007
    Last Dividend
    NA
    Minimum Investment
    500
  • DSP World Gold Fund – Regular Plan – Growth is an open-ended fund of fund scheme offered by DSP Mutual Fund. The scheme makes investments in Global Funds – World Gold Fund.

    Investment Objective of DSP World Gold Fund – Regular Plan – Growth

    DSP World Gold Fund – Regular Plan – Growth aims to generate capital growth through investment mainly in units of Global Funds – World Gold Fund. The fund manager of the scheme could also decide to make investments in units of other international mutual fund schemes similar to Global Funds in order to achieve the investment objective of the scheme.

    Key Features of DSP World Gold Fund – Regular Plan – Growth

    Here are some of the key features of DSP World Gold Fund – Regular Plan – Growth:

    Type of Fund

    Open-ended fund of funds scheme

    Plans Available

    Regular Plan and Direct Plan

    Options Under Each Plan

    Growth and Dividend Options. The Dividend Option comes with further sub-options – Payout Dividend and Reinvest Dividend.

    Systematic Investment Plan

    Available

    Systematic Transfer Plan

    Available

    Systematic Withdrawal Plan

    Available

    Investment Amount for DSP World Gold Fund – Regular Plan – Growth

    Minimum Application Amount

    Rs.1,000 and any amount thereafter

    Minimum Additional Investment

    Rs.1,000

    Minimum Instalment for Systematic Investment Plans

    Rs.500

    Minimum Instalment for Systematic Withdrawal Plan

    Rs.500

    Entry Load

    Nil

    Exit Load

    1% for redemption of units within 12 months from the date of allotment, and nil for redemptions after a year from the date of allotment

    Asset Allocation for DSP World Gold Fund – Regular Plan – Growth

    Instruments

    Allocations (Percentage of total assets)

    Risk Profile

    Units of Global Fund – World Gold Fund or similar international mutual fund schemes

    95% to 100%

    High

    Money market securities and/or units of liquid/money market schemes of DSP Mutual Fund

    0% to 5%

    Low to Medium

    Who can Invest in DSP World Gold Fund – Regular Plan – Growth?

    The following entities can make investments in DSP World Gold Fund – Regular Plan – Growth:

    • Resident Indian citizens who are at least 18 years of age
    • Legal guardians or parents on behalf of minors
    • Persons of Indian Origin (POIs) and Non-Resident Indians (NRIs)
    • Charitable, private, or religious trusts
    • Companies, Public Sector Undertakings, corporate bodies, Body of Individuals, Association of Persons, and societies that are registered under the Societies Registration Act, 1860
    • Financial institutions and banks (inclusive of regional rural banks and co-operative banks)
    • Hindu Undivided Families in the name of the Karta
    • Trustees of private trusts provided they have the authorisation to make investments in mutual fund schemes under their trust deeds
    • Overseas multilateral agencies provided they have the approval of the Indian Government
    • Industrial and scientific research organisations
    • Foreign Portfolio Investors
    • Limited Liability Partnerships and partnership firms
    • Navy, Air Force, Army and other paramilitary units
    • Mutual funds that have been registered with the Securities and Exchange Board of India
    • Non-Government gratuity/pension/provident funds
    • Sponsor, trustee or Asset Management Company, or their associates
    • The Asset Management Company
    • Others who have the authorisation to make investments in the fund based on their respective constitutions
    • Another scheme of the fund house, provided it meets the conditions prescribed by the Securities and Exchange Board of India and/or the sponsors, the Asset Management Company, or the Trustee
    • Any other category of investors if they are authorised to invest in units of the scheme

    NAV Disclosure and Benchmark for DSP World Gold Fund – Regular Plan – Growth

    The NAV of DSP World Gold Fund – Regular Plan – Growth must be calculated on a daily basis and declared in at least two national newspapers on every working day, unless there are special circumstances as mentioned in the ‘Suspension of Sale and Redemption of Units’ section of the Statement of Additional Information.

    The following is the formula used to compute the NAV of DSP World Gold Fund – Regular Plan – Growth:

    (Fair Value or Market Value of the Scheme’s investment + Current Assets - Current Liabilities and Provisions) / Number of units outstanding under the scheme

    Benchmark Index of DSP World Gold Fund – Regular Plan – Growth:

    The benchmark adopted by DSP World Gold Fund – Regular Plan – Growth is the FTSE Gold Mines (cap).

    DSP World Gold Fund – Regular Plan – Growth Fund Manager

    DSP World Gold Fund – Regular Plan – Growth has been managed by Jay Kothari since March 2013. Mr. Kothari has more than 14 years of experience in the mutual fund industry, and manages a number of other funds for the company, such as DSP World Agriculture Fund, DSP Small Cap Fund, DSP Equity Savings Fund, DSP Equity Opportunities Fund, etc.

    Investment Restrictions of DSP World Gold Fund – Regular Plan – Growth

    The following are some of the major investment restrictions of DSP World Gold Fund – Regular Plan – Growth:

    • The scheme is restricted from making investments in derivative instruments.
    • The scheme is not allowed to make investments in any fund of funds scheme.
    • The scheme is not allowed to make investments in excess of 5% of its NAV in unlisted equity or equity-related securities or units of venture capital funds.
    • The scheme is not allowed to advance loans for any purpose.
    • The scheme is not allowed to invest in unlisted securities of group companies or associates of the sponsor, or listed securities of the sponsor’s group companies which is more than 25% of its net assets, or in securities issued by way of private placement by group companies or associates of the sponsors.

    Dividend Policy of DSP World Gold Fund – Regular Plan – Growth

    No dividends shall be declared by the Mutual Fund under the Growth Option. The income accrued by the scheme shall be invested into the scheme and shall reflect in the Net Asset Value.

    Why you should invest in DSP World Gold Fund – Regular Plan – Growth

    DSP World Gold Fund – Regular Plan – Growth is worth considering as an investment option as it generates capital growth in the long term. Since the Growth Option under this scheme does not declare dividends, it is a good option for those who want long-term capital appreciation rather than current income.

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