3 Year return

0
Launched on January 2022 (2 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Your Investment ₹3,00,000
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Risk Involved

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Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹786.36 Cr.

Expense Ratio

1.15% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

DSP Mutual Fund Managers

JK

Jay Kothari

Fund Manager since Apr 2022

View Details

Fund House Details

DSP Mutual Fund

DSP Mutual Fund Asset management company

AUM ₹148,081.58 Cr.
No. of Schemes 183
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by DSP Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan Growth

3.96%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Payout

3.95%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Monthly Reinvestment

3.95%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Quarterly Payout

3.94%
scheme logo

Debt . Gilt Fund with 10 year Constant duration

DSP 10Y G-Sec Fund Direct Plan IDCW Payout

3.74%

About DSP Global Innovation Fund of Fund Direct Growth

DSP Global Innovation Fund of Fund Direct Growth is an open-ended mutual fund investment scheme offered by DSP Mutual Funds. It’s a fund of funds that invests in a basket of international funds that focus on the innovation theme. It targets companies that are either market-leading dominators, game-changing disruptors, or connecting enablers across multiple innovation themes and sectors such as Biotech, Aerospace and Defence, Fintech, E-Commerce, Mobility, the Internet and interactive media, Semiconductors, and more.

Investment Objective of the Scheme

The target of the fund is to generate long-term wealth. The fund primarily invests in ETF securities, with a small portion allocated to money market securities and DSP Mutual Fund liquid schemes to maintain liquidity requirements.

Key Features of The Fund

5-year return NA
Expense Ratio 1.15%
Fund Manager Jay Kothari
Fund Size ₹786.36 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The DSP Global Innovation Fund of Fund Direct Growth is a high-risk fund that is suitable for investors who have a long-term investment horizon and can tolerate high volatility. The fund is a good option for investors who are looking to invest in the global innovation theme. If you are considering investing in the DSP Global Innovation Fund of Fund Direct Growth, carefully consider your investment objectives, risk tolerance, and time horizon. You must also do your own research before investing.

AMC Contact Details

Name DSP Mutual Fund
Launch Date May 1996
Addresss NATRAJ, Office No. 302, 3rd Floor, Plot No - 194, MV Road Junction, Western Express Highway, Andheri (East) Mumbai
Contact 7738000030
Email service@dspim.com
Website https://www.dspim.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of DSP Global Innovation Fund of Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of DSP Global Innovation Fund of Fund Jun 20 2024 is 14.4589

What is the AUM of DSP Global Innovation Fund of Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of DSP Global Innovation Fund of Fund is 786.36 crore.

What is the expense ratio of DSP Global Innovation Fund of Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of DSP Global Innovation Fund of Fund is 1.15%

What are the returns of DSP Global Innovation Fund of Fund since inception?

The DSP Global Innovation Fund of Fund was launched on Jan 24 2022. The fund has delivered a CAGR of 17 since inception.

What is the minimum SIP amount to invest in DSP Global Innovation Fund of Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for DSP Global Innovation Fund of Fund is 100.

How do I invest in DSP Global Innovation Fund of Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in DSP Global Innovation Fund of Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in DSP Global Innovation Fund of Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in DSP Global Innovation Fund of Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.