Semiconductor
(29% weight)
Software
(24%)
Internet & Interactive
media (12%)
Bio technology
& Healthcare (7%)
E-Commerce
(7%)
Fintech
(5%)
Mobility
(3%)
Others
(11%)
Data as on Sept 30, 2021
Multiple Innovation themes helps diversify sector concentration risk
Balance across active/passive, market capitalisation
Name of underlying funds | Indicative
(% weight) |
Type | Market Capitalisation % | ||
---|---|---|---|---|---|
Large Cap | Mid Cap | Small Cap | |||
Morgan Stanley US Insight Fund | 15 | Active | 53.0 | 32.0 | 3.8 |
BGF World Technology | 20 | Active | 70.0 | 19.5 | 0.5 |
Nikko AM ARK Disruptive Innovation Fund | 15 | Active | 45.0 | 28.1 | 20.0 |
iShares NASDAQ 100 UCITs ETF | 15 | Passive | 96.0 | 3.7 | 0.0 |
Bluebox Global Technology Fund | 20 | Active | 82.6 | 17.1 | 0.0 |
iShares Semiconductor ETF | 15 | Passive | 81.2 | 18.6 | 0.0 |
Overall Portfolio | 71.8 | 19.7 | 3.7 |
Data as on 30 Sep 2021. As per the Offer Document, the scheme also has an enabler to invest in Baillie Gifford Worldwide Long term Global growth fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other overseas mutual fund schemes having similar investment objective, investment strategy , asset allocation etc. and which forms part of Innovation theme. The above investment framework is likely to be followed by the scheme, however the same may change in future depending on market conditions and other factors.
SEBI has set an industry-level limit of $7 BN for Mutual Funds (MFs) to invest in overseas securities & MFs & a limit of $1 billion for investment in overseas Exchange Traded Funds (ETFs). While the overseas ETF limit is still some distance away, the $7 BN limit for investments in overseas securities/MFs could get exhausted soon. Hence, on 23rd Jan 2022, SEBI advised us that DSP Global Innovation Fund of Fund (DSPGIF) should invest only in overseas ETFs until the overall limit of $7 BN is raised. Therefore, DSPGIF will begin by investing 50% each into the iShares PHLX Semiconductor ETF and iShares NASDAQ 100 UCITS ETF. Eventually, the portfolio will aim to reflect our original design once the $7 BN limit is enhanced. Please note this change, before you invest.
Balance between
Active and Passive
Passive
Active
Balance between
Different Mcap
Large Cap
71.8
Mid Cap
19.7
Small Cap
3.7
Data as on 30 September 2021.
Data since inception returns (29 Jan 2002). * Basket of Innovation oriented funds is made by assigning 15% weight each to ishares Semiconductor ETF, Nikko AM ARKK Disruptive Innovation fund, Morgan Stanley US Insight fund, ishares NASDAQ 100 UCITs ETF & 20% weight each to BGF World Tech Fund, Bluebox Global technology Fund. ARKK Innovation ETF considered due to longer history which is US based strategy equivalent to Nikko AM ARK Disruptive Innovation Fund. Morgan Stanley Insight fund considered due to longer history. 30% allocation is done to Morgan Stanley Insight Fund prior to 2015 as data for ARKK Innovation ETF is not available while 40% allocation is done to BGF World Technology fund prior to 2019 as data for Bluebox Global Technology fund was not available. Rebalancing on Annual basis. Data as on 31 Dec 2021. Past performance may or not sustain in future and should not be used as a basis for comparison with other investments. Performance given above does not represent the performance of scheme. Investor can also invest through other modes like lumpsum etc as mentioned in the SID
10 Years Average Rolling Returns
SIP returns | Lumpsum returns | Difference | |
---|---|---|---|
Basket of Innovation Oriented Funds* 14.8% | 17.7% | 14.8% | 2.9% |
Nifty 50 | 12.4% | 13.5% | -1.1% |
Difference | 5.3% | 1.3% |
Minimum returns in any 10 year period
SIP returns | Lumpsum returns | |
---|---|---|
Basket of Innovation Oriented Funds* 14.8% | 7.3% | 14.8% |
Nifty 50 | 12.4% | 13.5% |
% times returns > 12% in any 10 year period
SIP returns | Lumpsum returns | |
---|---|---|
Basket of Innovation Oriented Funds* 14.8% | 85% | 48% |
Nifty 50 | 57% | 54% |
Data as of 31 December 2021.
Name of scheme | DSP Global Innovation Fund of Fund |
---|---|
Type of scheme | - Regular - Direct |
Plans | - Growth option
- Income distribution cum capital withdrawal (IDCW) - Payout and Reinvestment option |
Options | ₹ 500/- and in multiples of ₹ 1 |
Minimum Application
Amount |
₹ 500/- and in multiples of ₹ 1 |
Exit Load | Nil |
Fund Manager | Jay Kothari, Kedar Karnik |
Benchmark | MSCI All Country World Index – Net Total Return |
SIP/STP | Available |
Taxation | Debt scheme taxation |
In the preparation of the material contained in this document, DSP Asset Managers Private Limited (“AMC”) has used information that is publicly available, including information developed in-house or basis information received from its affiliates. The AMC however does not warrant the accuracy, reasonableness and / or completeness of any information. The data/statistics are given to explain general market trends in the securities market, it should not be construed as any research report/research recommendation. All logos used in the image are trademarks™or registered® trademarks oftheir respective holders. Use ofthem does not imply any affiliation with or endorsement by them.
We have included statements / opinions /recommendations in this document, which contain words, or phrases such as “will”, “expect”, “should”, “believe” and similar expressions or variations ofsuch expressions, that are “forward looking statements”. Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India and other countries globally, which have an impact on our services and / or investments, the monetary and interest policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices etc.
The sector(s)/stock(s)/issuer(s) mentioned in this document do not constitute any recommendation/opinion of the same and the Underlying Fund may or may not have any future position in these sector(s)/stock(s)/issuer(s). The portfolio of the Underlying Fund is subject to changes within the provisions ofits Offer document. Past performance may or not sustain in future and should not be used as a basis for comparison with other investments.
All figures and other data given in this document are dated and the same may or may not be relevant in future and the same should not be considered as solicitation/recommendation/guarantee offuture investments by DSP InvestmentManagers Pvt. Ltd. or its affiliates.
Investors are advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequence of subscribing to the units of the DSP Mutual Fund (“ Investors should know that they are bearing the recurring expenses of the scheme DSP Global Innovation Fund of Fund), in addition to the expenses of other schemes in which the Fund of Funds Scheme makes investments
There is no guarantee ofreturns/ income generation in the Scheme. Further, there i s no assurance of any capital protection/ c apital guarantee to
the investors in the Scheme. For scheme specific risk factors and more details, please read the Scheme Information Document, Statement of Additional
Information and Key Information Memorandum of respective Scheme available on ISC of AMC and also available on www.dspim.com.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully
Scheme | Product Suitability | Riskometer | |
---|---|---|---|
DSP Global Innovation Fund of Fund | MSCI All Country World Index - Net Total Return | ||
DSP Global Innovation Fund of Fund
(An open ended fund of fund scheme investing in Innovation theme) |
This open ended Fund of Funds Scheme (Investing In Overseas Fund) is suitable for investors who are seeking*
|
Scheme | Product Suitability |
---|---|
DSP Global Innovation Fund of Fund | MSCI All Country World Index - Net Total Return |
DSP Global Innovation Fund of Fund
(An open ended fund of fund scheme investing in Innovation theme) |
This open ended Fund of Funds Scheme (Investing In Overseas Fund) is suitable for investors who are seeking*
|
Riskometer | |
---|---|
*Investors should consult their financial advisors if in doubt about whether the Scheme is suitable for them.