Invest in DSP Global Innovation Fund of Fund Regular Growth Online

DSP Global Innovation Fund of Fund

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

₹570.82 crores as of Aug 31, 2023

Age of Fund

1 years 7 months since Feb 14, 2022

Expense Ratio

2.04% as of Sep 21, 2023 (this includes expense of underlying funds)

Exit Load

Nil

Ideal holding period

10 Years+

Holdings

as of Aug 31, 2023

iShares NASDAQ 100 UCITS ETF

41.47%

Bluebox Global Technology Fund

30.42%

BGF Next Generation Technology Fund

14.85%

iShares PHLX Semiconductor ETF

9.58%

See all 4 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 Innovation Fund of Fund?

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.
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.
To understand the framework this fund follows, watch DSP Global Innovation Fund Framework Construction video. visit https://youtu.be/P2W7CAoES5Y

Why should one invest in DSP Global Innovation Fund of Fund?

Participate in cutting edge next-gen themes like Artificial Intelligence, Machine Learning, Robotics, Cloud Infrastructure, Social Media, OTT, Digital Transformation & more.
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.
Own innovative international companies like Paypal, Facebook, Zoom that can deliver a faster pace of growth.
Own companies that have demonstrated higher growth & also have higher earning growth expectations.
Get access to international companies that may be difficult for Indian investors to invest in directly- especially since major innovations have happened outside India.
Low correlation with the Indian equity market, which means this can be a good diversification strategy.

Who should invest in DSP Global Innovation Fund of 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.
- 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.

Rethink before you invest

Global Innovation Fund carries Very High Risk.
Expect short term return fluctuations, esp. during periods of global market ups & downs.
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

Managing this fund since February 2022.

See funds managed by him

Managing this fund since February 2022.

See funds managed by him

Kedar Karnik

Managing this fund since February 2022.

See funds managed by him

Managing this fund since February 2022.

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

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 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

Current Allocation

as of Aug 31, 2023

Top holdings

iShares NASDAQ 100 UCITS ETF

41.47%

Bluebox Global Technology Fund

30.42%

BGF Next Generation Technology Fund

14.85%

iShares PHLX Semiconductor ETF

9.58%

Top Sectors

Mutual-funds

96.32%

See all 4 holdings

Compare Performance

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

	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

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Invested as

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Invested since

This fund

MSCI ACWI Net Total Re…

NIFTY 50 TRI

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	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

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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 Regular 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 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.