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DSP Global Innovation Fund of Fund

DSP Global Innovation Fund of Fund

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Benchmark: MSCI ACWI Net Total Return info icon

74.63K people have invested in this fund

team 74.63K people have invested in this fund as of

This is an International Fund of Funds, FoFs (Overseas/ Domestic) fund with MSCI ACWI Net Total Return as its benchmark. The risk level for this fund is categorized as Very High Risk.

Total AUM

274.48 crores as of Aug 31, 2022

Age of Fund

7 months since Feb 14, 2022

Expense Ratio

1.0% as of Sep 27, 2022 (this includes expense of underlying funds)

Exit Load

Nil  

Ideal holding period

10 Years+

Holdings

  as of Aug 31, 2022

iShares NASDAQ 100 UCITS ETF

38.45%

Bluebox Global Technology Fund

32.25%

iShares PHLX Semiconductor ETF

24.70%

Things to know before you invest

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  1. DSP Global Innovation Fund invests globally in the innovation theme, via companies that are either market leading dominators, game changing disruptors or connecting enablers through a mix of different investing styles, market-caps & fund managers.
  2. It does this by investing in international funds across the active & passive space, which in turn invests in companies across multiple innovation themes and sectors such as Biotech, Aerospace & Defense, Fintech, E-Commerce, Mobility, Internet & interactive media, Semiconductors and more. (Currently, it invests in 2 ETFs but will invest in active funds focused on innovation eventually).
  3. To understand the framework this fund follows, watch DSP Global Innovation Fund Framework Construction video. visit https://youtu.be/P2W7CAoES5Y
  1. Participate in cutting edge next-gen themes like Artificial Intelligence, Machine Learning, Robotics, Cloud Infrastructure, Social Media, OTT, Digital Transformation & more.
  2. Get exposure to sectors which are at the forefront of R&D spending like ICT Hardware & Electronic Equipment, Pharma & Bio-Tech, Automobiles, Software, Aerospace & Defense & more.
  3. Own innovative international companies like Paypal, Facebook, Zoom that can deliver a faster pace of growth.
  4. Own companies that have demonstrated higher growth & also have higher earning growth expectations.
  5. Get access to international companies that may be difficult for Indian investors to invest in directly- especially since major innovations have happened outside India.
  6. Low correlation with the Indian equity market, which means this can be a good diversification strategy.
  1. Consider this fund if you
    • Are an experienced Indian investor with a well-set core portfolio, looking to diversify no more than 10-15% of your portfolio internationally.
    • Love the theme of innovation & its investment potential, and recognize that the future is powered by those that are focused on re-imagining the world.
    • -Value international diversification & want to hedge your bets.
    • Have the patience and mental resilience to remain invested for a decade or more.
    • Do not chase the highest possible returns at all times.
  1. Global Innovation Fund carries Very High Risk.
  2. Expect short term return fluctuations, esp. during periods of global market ups & downs.
  3. Investing in a theme like this has high risks of companies failing and of large & frequent drawdowns, due to the volatile nature of this space. Therefore we recommend investing via SIPs.

Fund managers:

Jay Kothari

Jay Kothari

Managing this fund since February 2022.
Managing this fund since February 2022.

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Kedar Karnik

Kedar Karnik

Managing this fund since February 2022.
Managing this fund since February 2022.

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Portfolio

Prescribed asset allocation: 95% - 100% Units of Innovation Funds , 0% - 5% Money market securities and/or units of money market/liquid schemes of DSP Mutual Fund

Current Allocation as of Aug 31, 2022

Top holdings

iShares NASDAQ 100 UCITS ETF

38.45%

Bluebox Global Technology Fund

32.25%

iShares PHLX Semiconductor ETF

24.70%

Top Sectors

Mutual-funds

95.40%

Compare Performance

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

MSCI ACWI Net Total Re

NIFTY 50 TRI

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%
  • Historical Returns (As per SEBI format)with investment of10,000

This fund MSCI ACWI Net Total Return ^ NIFTY 50 TRI #
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Fund Details

Fund Details

Investment Objective

The primary investment objective of the scheme is to seek capital appreciation by investing in global mutual fund schemes and ETFs that primarily invest in companies with innovation theme having potential for higher revenue and earnings growth.
The Scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP Mutual Fund, in order to meet liquidity requirements from time to time.
However, there is no assurance that the investment objective of the Scheme will be realized.

Fund Type

International Fund of Funds
FoFs (Overseas/ Domestic)

An open ended fund of fund scheme investing in innovation theme.

Riskometer

Level of Risk in the fund

View details
Investors understand that their
principal will be at Very High Risk

Minimum Investment

Rs.  500 Lumpsum
Rs.  500 SIP– 12 instalments
Rs.  500 Minimum Additional Purchase

team 74.63K peoplehave invested in this fund as of