DSP Global Allocation Fund
An open ended fund of fund scheme investing in BlackRock Global Funds – Global Allocation Fund
DSP Global Allocation Fund
An open ended fund of fund scheme investing in BlackRock Global Funds – Global Allocation Fund

  • Fund of Fund scheme investing in units of BGF Global Allocation Fund.
  • BGF Global Allocation Fund invests in securities diversified across asset class, geographies, sector and market capitalization.

Fund Manager

Jay Kothari (Dedicated Fund Manager for overseas investments)
Total work experience of 16 years.
Managing this Scheme since August 2014.

Laukik Bagwe (Debt Portion)
Total work experience of 18 years.
Managing this Scheme since August 2014.

Kedar Karnik (Debt Portion)
Total work experience of 14 years.
Managing this Scheme since July 2016.

Inception date

Aug 21, 2014

Benchmark

Benchmark 36% S&P 500 Composite + 24% FTSE World (ex-US) + 24% ML US Treasury Current 5 Year + 16% Citigroup Non- USD World Government Bond Index

NAV
Regular Plan  
Growth: ₹ 14.8680
Direct Plan  
Growth: ₹ 15.2564
Total aum

₹ 34 Cr

Monthly average aum

₹ 33 Cr

Month End Expense Ratio
Regular Plan : 2.10%
Direct Plan : 1.56%
(Including TER of 0.79% of the underlying fund)
The investors are bearing the recurring expenses of the Fund, in addition to the expenses of the underlying Fund

^Total TER is inclusive of the weighted average expenses levied by underlying schemes under regulation 52(6)(a) of SEBI (Mutual Funds) Regulations, 1996.
Tenure

6 Yr 1 Mn

3 Year Risk Statistics:
Standard Deviation : 10.12%
Beta : 1.03
Sharpe Ratio : 0.52
Exit Load*

Nil

Data As On September 30, 2020

DSP Global Allocation Fund (FOF) as on August 31, 2020% to Net Assets
BlackRock Global Funds - Global Allocation Fund (Class I2 USD Shares)^^ 95.83
TREPS / Reverse Repo Investments / Corporate Debt Repo 7.63
Net Receivables/Payables -3.46
TOTAL 100.00
 
BlackRock Global Funds - Global Allocation Fund (Underlying Fund) as on August 31, 2020
Top 10 Equity Holdings
Security % to Net Assets
MICROSOFT CORP 2.2
AMAZON COM INC 2.2
APPLE INC 2.1
ALPHABET INC CLASS C 1.5
SIEMENS N AG 1.0
UNITEDHEALTH GROUP INC 1.0
MASTERCARD INC CLASS A 0.9
TAIWAN SEMICONDUCTOR MANUFACTURING 0.9
MORGAN STANLEY 0.9
UNION PACIFIC CORP 0.9
Other Equity 52.4
Fixed Income 21.8
Commodity Related 3.7
Cash 8.7
Total 100.0
Equity Sector Allocation
Information Technology 14.4
Health Care 10.4
Consumer Discretionary 9.1
Financials 7.2
Industrials 7.1
Communication 6.3
Materials 3.8
Consumer Staples 3.4
Utilities 2.0
Energy 1.4
Real Estate 0.9
Index Related 0.1
Total 65.89
Market Cap Allocation
Large (>$10bn) 61.50
Mid 2.20
Small (<$2bn) 2.19
Total 65.89

as on 30th Sept'20

^^Fund domiciled in Luxembourg


Name of Instrument% to Net Assets
OTHERS
Foreign Securities
BlackRock Global Funds - Global Allocation Fund (Class I2 USD Shares)^^ 96.07
Total 96.07
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 5.50
Total 5.50
Cash & Cash Equivalent
Net Receivables/Payables -1.57
Total -1.57
GRAND TOTAL 100.00

as on 30th Sept'20

^^Fund domiciled in Luxembourg.


Growth of Rs. 1 L invested at inception: 1.49 L

SIP Returns(In %)
  10 yr 5 yr 3 yr SI*
NA9.5712.008.52
*SI - Since inception
Outperformed Benchmark TRI (calendar year) 36% S&P 500 Composite + 24% FTSE World (ex-US) + 24% ML US Treasury Current 5 Year + 16% FTSE Non-USD World Government Bond Index
4%
Fund

Rolling Return
  5 yr 3 yr 1 yr
Minimum (%)1.98 1.41 -4.46
Maximum (%)8.03 10.96 22.01
Average (%)5.67 5.68 5.84
% times negative returns-- -- 9.47
% of times returns are in
excess of 7%		17.62 20.08 32.14
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are for Regular Plan - Growth Option Click here for performance in SEBI prescribed format.

Large Cap: 1st -100th company in terms of full market capitalization
Mid Cap: 101st -250th company in terms of full market capitalization
Small Cap: 251st company onwards in terms of full market capitalization.

Investment Objective

The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds Global Allocation Fund (BGF - GAF). 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. However, there is no ssurance that the investment objective of the Scheme will be realized. It shall be noted ‘similar overseas mutual fund schemes’ shall have investment objective, investment strategy and risk profile/ consideration similar to those of BGF – GAF.
There is no assurance that the investment objective of the Scheme will be realized.

Product Labelling

This Open Ended Fund of Funds Scheme (Investing In International Fund) is suitable for investors who are seeking*
• Long-term capital growth
• Investments in units of overseas funds which invest in equity, debt and short term securities of issuers around the world

* Investors should consult their financial advisors if in doubt whether the product is suitable for them.