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DSP World Mining Fund

DSP World Mining Fund

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Benchmark: MSCI ACWI Metals and Mining 30% info icon

32.14K people have invested in this fund

View performance details

Return:

This fund

18.00%

MSCI ACWI Metals and Mining 30%

14.30%

NIFTY 50 TRI

14.15%

Invested

Earning

This fund

18.00%

MSCI ACWI Metals and Mining 30%

14.30%

NIFTY 50 TRI

14.15%

team 32.14K people have invested in this fund as of

This is an International Fund of Funds Thematic, World Mining fund with MSCI ACWI Metals and Mining 30% Buffer 10/40 (1994) Net Total Return Index as its benchmark. The risk level for this fund is categorized as Very High Risk.

Total AUM

140.03 crores as of Feb 29, 2024

Age of Fund

11 years 2 months since Jan 02, 2013

Expense Ratio

1.51% as of Mar 01, 2024 (this includes expense of underlying funds)

Exit Load

Nil  

Ideal holding period

10 Years+

Holdings

as of November 30, 2023

BHP GROUP LTD

9.60%

GLENCORE PLC

8.40%

VALE SA

7.00%

RIO TINTO PLC

5.70%

FREEPORT-MCMORAN INC

5.10%

WHEATON PRECIOUS METALS CORP

4.00%

NEWMONT CORPORATION

3.70%

Diversified

37.40%

Copper

17.60%

Gold

17.10%

Steel

9.80%

Industrial Minerals

6.60%

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 World Mining Fund?

  1. DSP World Mining Fund invests primarily in leading international companies in the mining and metals sector.
  2. It does this by investing in BGF World Mining Fund.
  3. This portfolio is comprised of companies whose primary economic activity is the production of base metals and industrial metals like iron ore & coal.
  1. Offers the potential to grow your wealth by investing in the global mining sector.
  2. Get access to sector-leading companies that are difficult to invest in directly for Indian investors.
  3. Can generate high returns in short-term if investor has ability to take tactical bets & know when to enter & exit.
  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.
    • Strongly believe in the future growth-potential of international mining, metals & industrial companies.
    • Have the sectoral understanding to 'extract value' from changing international mining, metals & industrial sector cycles.
    • Value international diversification & want to hedge your bets.
    • Informed investors who can take tactical view on the sector & know when to enter & exit.
  1. World Mining Fund is a sectoral/ thematic fund, therefore its NAV is likely to fluctuate a lot more than diversified equity funds.
  2. Please do not use recent or past returns as the only criteria to evaluate this fund.
  3. World Mining Fund carries Very High Risk.
  4. In the past, there has been an occasion where this fund's NAV fell by 45% in 1 year.
  5. Investing in this fund requires sectoral understanding; long-term holding periods in this fund may not mean good outcomes.
  6. Over any 5 year rolling time period, this fund gave negative returns 66% of the times.

Fund managers:

Jay Kothari

Jay Kothari

Total work experience of 18 years. Managing this fund since March 2013.
Total work experience of 18 years. Managing this fund since March 2013.

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Portfolio

Prescribed asset allocation: 95% - 100% Units of BGF, World Mining Fund & Similar Overseas Funds , 0% - 5% Money market securities and/or units of money market/liquid schemes of DSP Mutual Fund

Current Allocation

as of November 30, 2023

Top 10 Securities

BHP GROUP LTD

9.60%

GLENCORE PLC

8.40%

VALE SA

7.00%

RIO TINTO PLC

5.70%

FREEPORT-MCMORAN INC

5.10%

WHEATON PRECIOUS METALS CORP

4.00%

NEWMONT CORPORATION

3.70%

TECK RESOURCES LTD

3.60%

BARRICK GOLD CORP

3.60%

NUCOR CORPORATION

3.50%

Top Sectors

Diversified

37.40%

Copper

17.60%

Gold

17.10%

Steel

9.80%

Industrial Minerals

6.60%

Uranium

3.10%

Aluminium

3.00%

Iron Ore

1.90%

Cash And/or Derivatives

1.20%

Nickel

1.10%

Mineral Services

0.60%

Platinum Grp. Met.

0.60%

Other

0.00%

Tin

0.00%

Coal

0.00%

Silver

0.00%

Zinc

0.00%

Molybdenum

0.00%

Compare Performance

Performance highlights over last

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Annual returns

Current value

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  • Historical Returns (As per SEBI format)as of with investment of10,000

This fund MSCI ACWI Metals and Mining 30 ^ 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 Metals and M

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: Jan 02, 2013.

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 world mining fund Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global Funds & World Mining Fund (BGF - WMF).
The Scheme may, at the discretion of the Investment Manager, 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.
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Fund Type

International Fund of Funds – Thematic
World Mining

An open ended fund of fund scheme investing in BlackRock Global Funds - World Mining Fund (BGF - WMF)

Riskometer

Level of Risk in the fund

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Minimum Investment

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

team 32.14K peoplehave invested in this fund as of