82.66K people have invested in this fund
82.66K people have invested
in this fund as of
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, 2023iShares 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%
Rolling Returns
Jay Kothari
Kedar Karnik
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
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
Performance highlights over last
for
investment
Cumulative returns on
Annual returns
Current value
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
Record Date | IDCW per unit | NAV Before | NAV After |
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Funds | Annual returns | Current Value | Absolute Growth |
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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
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.
An open ended fund of fund scheme investing in innovation theme.
Level of Risk in the fund
Rs. 100 Lumpsum
Rs. 100
SIP– 12 instalments
Rs. 100 Minimum Additional Purchase
82.66K peoplehave invested in this fund as of