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

  • Fund of Fund scheme investing in units of BGF World Mining Fund.
  • BGF World Mining Fund invests in the equity securities of mining and metals companies worldwide predominantly engaged in the production of base metals and industrial minerals.

Fund Manager

Jay Kothari
Total work experience of 16 years.
Managing this scheme since March 2013.

Inception date

Dec 29, 2009

Benchmark

Euromoney Global Mining Constrained Weights Net Total Return Index

NAV
Regular Plan  
Growth: ₹ 10.0987
Direct Plan  
Growth: ₹ 10.5276
Total aum

₹ 47 Cr

Monthly average aum

₹ 47 Cr

Month End Expense Ratio
Regular Plan : 2.45%
Direct Plan : 1.69%
(Including TER of 1.01% 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

10 Yr 9 Mn

3 Year Risk Statistics:
Standard Deviation : 24.94%
Beta : 1.01
Sharpe Ratio : 0.24
Exit Load

Nil

Data As On September 30, 2020

DSP World Mining Fund (FOF) as on August 31, 2020% to Net Assets
BlackRock Global Funds - World Mining Fund (Class I2 USD Shares)^^ 97.18
TREPS / Reverse Repo Investments / Corporate Debt Repo 3.23
Net Receivables/Payables -0.41
TOTAL 100.00
 
BlackRock Global Funds - World Mining Fund (Underlying Fund) as on August 31, 2020
Top 10 stocks
Security % to Net Assets
BHP GROUP PLC 8.6
NEWMONT CORPORATION 8.4
RIO TINTO PLC 7.8
VALE SA 5.7
BARRICK GOLD CORP 4.9
FREEPORT-MCMORAN INC 4.8
ANGLO AMERICAN PLC 4.8
WHEATON PRECIOUS METALS CORP 4.8
FRANCO NEVADA CORP 4.0
LUNDIN MINING CORPORATION 2.5
OTHERS 42.7
Cash 1.0
Total 100
Sector Allocation
Gold 34.7
Diversified 29.3
Copper 18.0
Silver 5.2
Platinum Group Metals 3.3
Iron 3.3
Nickel 2.8
Industrial Minerals 1.5
Steel 0.9
Aluminium 0.1
Total 99.02
Market Cap Allocation
Large (>$10bn) 72.7
Mid 25.7
Small (<$1bn) 1.5
Total 100.00

as on 30th Sept'20

^^Fund domiciled in Luxembourg


Name of Instrument% to Net Assets
OTHERS
Foreign Securities
BlackRock Global Funds - World Mining Fund (Class I2 USD Shares)^^ 94.88
Total 94.88
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 5.24
Total 5.24
Cash & Cash Equivalent
Net Receivables/Payables -0.12
Total -0.12
GRAND TOTAL 100.00

as on 30th Sept'20

^^Fund domiciled in Luxembourg


Growth of Rs. 1 L invested at inception: 1.01 L

SIP Returns(In %)
  10 yr 5 yr 3 yr SI*
4.3913.2612.893.82
*SI - Since inception
Outperformed Benchmark TRI (calendar year) Euromoney Global Mining Constrained Weights Net Total Return Index


Rolling Return
  10 yr 5 yr 3 yr 1 yr
Minimum (%)-5.10 -20.41 -27.14 -45.37
Maximum (%)1.43 16.55 25.08 87.30
Average (%)-0.68 -4.39 -2.25 0.93
% times negative returns58.76 78.01 60.73 51.11
% of times returns are in
excess of 7%		-- 4.94 27.28 36.61
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 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.
There is no assurance that the investment objective of the Scheme will be realised.

Product Labelling

This Open Ended Scheme is suitable for investors who are seeking*
• Long-term capital growth
• Investment in units of overseas funds which invest primarily in equity and equity related securities of mining companies

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