Invest in DSP Global Allocation Fund Direct Growth Online

DSP Global Allocation Fund

This is an International Fund of Funds, Global Asset Allocation fund with 36% S&P 500 Composite + 24% FTSE World (ex-US) + 24% ML US Treasury Current 5 Year + 16% Citigroup Non-USD World Government Bond Index as its benchmark. The risk level for this fund is categorized as Very High Risk.

Total AUM

₹56.26 crores as of Aug 31, 2023

Age of Fund

9 years 2 months since Aug 01, 2014

Expense Ratio

1.38% as of Sep 29, 2023 (this includes expense of underlying funds)

Exit Load

Nil

Ideal holding period

10 Years+

Holdings

as of March 31, 2023

MICROSOFT CORP

2.40%

APPLE INC

1.50%

ALPHABET INC CLASS C

1.30%

AMAZON COM INC

1.10%

UNITEDHEALTH GROUP INC

0.90%

NESTLE SA

0.80%

MASTERCARD INC CLASS A

0.80%

See detailed holdings

Rolling Returns

Bars show distribution of returns in given range for selected time period.

View performance details

Things to know before you invest

What is in DSP Global Allocation Fund?

DSP Global Allocation Fund invests in an internationally diversified stock & debt portfolio.
It does this by investing in BGF - Global Allocation Fund.
It actively seeks out high quality & reasonably valued global companies as well as some smaller, high growth companies, but also balances the risk by investing a portion in higher yielding debt instruments.

Why should one invest in DSP Global Allocation Fund?

Diversify your portfolio & invest smartly all around the world.
Get access to well known, large companies that are difficult to invest in directly for Indian investors,
Reduce portfolio volatility by hedging into foreign markets that have low correlation to the Indian stock market & may thrive even when Indian stocks fluctuate.
Get the additional benefit of currency diversification.

Who should invest in DSP Global Allocation Fund?

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.
- Value international diversification & want to hedge their existing asset allocation & balanced funds.
- Have the patience and mental resilience to remain invested for a decade or more.

Rethink before you invest

Global Allocation Fund carries Very High Risk.
Expect short term return fluctuations, esp. during periods of global market ups & downs.
In the past, there has been an occasion where this fund's NAV fell by 4% in 1 year.
Over any 1 year rolling time period, this fund gave negative returns 8% of the times.

Fund managers:

Jay Kothari

Managing this fund since August 2014.

See funds managed by him

Managing this fund since August 2014.

See funds managed by him

Laukik Bagwe

Managing this fund since August 2014.

See funds managed by him

Managing this fund since August 2014.

See funds managed by him

Kedar Karnik

Managing this fund since July 2016.

See funds managed by him

Managing this fund since July 2016.

See funds managed by him

Jay Kothari, Vice President & Product Strategist -Jay has been with DSP Mutual Funds since May 2005, and has been with the Investment function since January 2011. Jay joined the firm as a member of the Sales team (Banking) in May 2005. Prior to joining DSPAM, Jay worked for Standard Chartered Bank for a year in the Priority Banking division. Jay completed his Bachelor of Management Studies (Finance & International Finance) from Mumbai University, followed by an MBA in Finance from Mumbai University.
Jay is currently the Dedicated Fund Manager for overseas investments for the following schemes of DSP Mutual Fund.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Laukik is Fund Manager with the Fixed Income Investment team of DSP Mutual Funds. He joined the firm in November 2007 as a Fixed Income Dealer. From November 2003 to October 2007, Laukik worked with Derivium Capital & Securities Pvt. Ltd. as the Head of Fixed Income Trading - SLR & NONSLR Broking. From June 2000 to October 2003, he worked with Birla Sunlife Securities Ltd. as a Manager-SLR & NONSLR Broking.
He brings with him a total work experience of 11 years in debt broking and is currently the fund manager for the following schemes of DSP Mutual Fund.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Kedar joined DSP Mutual Funds from Axis Asset Management and has over 17 years of investment experience. He has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies. He has over a decade of investment experience. He has previously worked with HSBC Asset Management and CRISIL Ltd.

Note:
Mr. Kedar Karnik is managing DSP Arbitrage Fund with effect from June 16, 2020.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Portfolio

Prescribed asset allocation: 95% - 100% Units of BGF - GAF or other similar overseas mutual fund scheme(s) , 0% - 5% Money Market Securities &/Or Units of Liquid/ Money Market Schemes of DSP MF

Current Allocation

as of March 31, 2023

Top 10 Securities

MICROSOFT CORP

2.40%

APPLE INC

1.50%

ALPHABET INC CLASS C

1.30%

AMAZON COM INC

1.10%

UNITEDHEALTH GROUP INC

0.90%

NESTLE SA

0.80%

MASTERCARD INC CLASS A

0.80%

ASML HOLDING NV

0.70%

BOSTON SCIENTIFIC CORP

0.70%

LVMH

0.70%

Top Sectors

Information Technology

12.60%

Health Care

8.50%

Financials

7.30%

Consumer Discretionary

6.90%

Industrials

5.20%

Communication

4.30%

Consumer Staples

4.00%

Energy

3.60%

Materials

2.20%

Utilities

1.30%

Real Estate

0.40%

Index Related

0.00%

See detailed holdings

Indicators

Compare Performance

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Historical Returns (As per SEBI format)as of with investment of₹10,000

	This fund		36% S&P 500 Composite + 24% FT… ^{^}		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

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Invested as

Invested Amount

₹

Invested since

This fund

36% S&P 500 Composite …

NIFTY 50 TRI

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

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Returns RangesStatistics

Invested as

Invested Amount

₹

Invested period

Funds	Minimum	Median	Maximum	% times -ve returns	% times returns > 7%

Date of allotment: Aug 01, 2014.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Direct Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Standard Benchmark

Scheme disclaimers

Fund Details

Investment Objective

The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds - Global Allocation Fund (BGF - GAF). The Scheme may also invest in the units of other similar overseas mutual fund schemes which may constitute a significant part of its corpus. 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 S ...more