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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

87.16K people have invested in this fund

View performance details

Return:

This fund

18.00%

MSCI ACWI Net Total Return

14.30%

NIFTY 50 TRI

14.15%

Invested

Earning

This fund

18.00%

MSCI ACWI Net Total Return

14.30%

NIFTY 50 TRI

14.15%

team 87.16K 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

766.49 crores as of Mar 31, 2024

Age of Fund

2 years 2 months since Feb 14, 2022

Expense Ratio

1.15% as of Apr 15, 2024 (this includes expense of underlying funds)

Exit Load

Nil  

Ideal holding period

10 Years+

Holdings

as of Mar 31, 2024

Bluebox Global Technology Fund

34.82%

iShares NASDAQ 100 UCITS ETF

32.33%

IVZ NASDAQ 100 EW ACC

14.77%

KRANESHARES CSI CHINA INTRNT

13.94%

iShares PHLX Semiconductor ETF

3.31%

Rolling Returns

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

View performance details

Things to know before you invest

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What is in DSP Global Innovation Fund of Fund?

  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.
  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

Total work experience of 18 years. Managing this fund since February 2022.
Total work experience of 18 years. Managing this fund since February 2022.

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Kedar Karnik

Kedar Karnik

Total work experience of 18 years. Managing this fund since February 2022.
Total work experience of 18 years. Managing this fund since February 2022.

right arrow iconSee funds managed by him

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
The Scheme intends to invest in following Innovation Funds:
iShares PHLX Semiconductor ETF
BGF World Tech Fund D2 USD
iShares NASDAQ 100 UCITS ETF
Baillie Gifford Worldwide Long term Global growth Fund
Nikko AM ARK Disruptive Innovation Fund
Morgan Stanley US Insight Fund
Bluebox Global Technology Fund
Invesco NASDAQ-100 Equal Weight UCITS ETF
Bluebox Precision Medicine Fund
Fidelity Select Medical Technology and Devices Portfolio
HSBC Hang Seng TECH UCITS ETF
KraneShares CSI China Internet UCITS ETF

Current Allocation

as of Mar 31, 2024

Top holdings

Bluebox Global Technology Fund

34.82%

iShares NASDAQ 100 UCITS ETF

32.33%

IVZ NASDAQ 100 EW ACC

14.77%

KRANESHARES CSI CHINA INTRNT

13.94%

iShares PHLX Semiconductor ETF

3.31%

Top Sectors

Mutual-funds

99.17%

Compare Performance

Performance highlights over last

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  • Historical Returns (As per SEBI format)as of 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

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%

Date of allotment: Feb 14, 2022.

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

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

Minimum Investment

Rs.  100 Lumpsum
Rs.  100 SIP– 12 instalments
Rs.  100 Minimum Additional Purchase

team 87.16K peoplehave invested in this fund as of