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DSP World Mining Fund An open ended fund of fund scheme investing in BlackRock Global Funds – World Mining Fund (BGF – WMF) |
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- 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.
Jay Kothari
Total work experience of 14 years.
Managing this scheme since March
2013.
Dec 29, 2009
Euromoney Global Mining
Constrained Weights Net
Total Return Index
| Regular Plan | |
| Growth: | ₹ 08.2487 |
| Direct Plan | |
| Growth: | ₹ 08.5695 |
₹ 31 Cr
₹ 30 Cr
| Regular Plan : | 2.35% |
| Direct Plan : | 1.71% |
| (Including TER of 1.02% of the underlying fund) | |
| The investors are bearing the recurring expenses of the Fund, in addition to the expenses of the underlying Fund | |
Nil
| DSP World Mining Fund (FOF) as on September 30, 2019 | % to Net Assets |
| BlackRock Global Funds - World Mining Fund (Class I2 USD Shares)^^ | 95.84% |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 4.24% |
| Net Receivables/Payables | -0.08% |
| Total | 100.00% |
| BGF World Mining Fund (Underlying Fund) as on September 30, 2019 | |
| Top 10 stocks | |
| Security | % to Net Assets |
| BHP GROUP PLC | 8.9% |
| RIO TINTO PLC | 6.8% |
| VALE SA | 6.4% |
| BARRICK GOLD CORP | 5.6% |
| ANGLO AMERICAN PLC | 5.0% |
| AGNICO EAGLE MINES LTD | 4.7% |
| NEWMONT GOLDCORP CORP | 4.7% |
| NEWCREST MINING LTD | 4.5% |
| FRANCO NEVADA CORP | 4.4% |
| WHEATON PRECIOUS METALS CORP | 3.9% |
| Others | 42.5% |
| Cash | 2.3% |
| Total | 100.00% |
| Sector Allocation | |
| Diversified | 39.0% |
| Gold | 29.1% |
| Copper | 15.6% |
| Silver | 5.4% |
| Industrial Minerals | 3.0% |
| Nickel | 2.4% |
| Coal | 1.3% |
| Platinum Group Metals | 1.3% |
| Steel | 0.4% |
| Aluminium | 0.2% |
| Diamonds | 0.1% |
| Total | 97.65% |
| Market Cap Allocation | |
| Large (>$10bn) | 65.0% |
| Mid | 31.4% |
| Small (<$1bn) | 3.7% |
| TOTAL | 100.00% |
^^Fund domiciled in Luxembourg
| Name of Instrument | % to Net Assets |
| OTHERS | |
| Foreign Securities | |
| BlackRock Global Funds - World Mining Fund (Class I2 USD Shares)^^ | 96.08% |
| Total | 96.08% |
| MONEY MARKET INSTRUMENTS | |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 4.05% |
| Total | 4.05% |
| Cash & Cash Equivalent | |
| Net Receivables/Payables | -0.13% |
| Total | -0.13% |
| GRAND TOTAL | 100.00% |
^^Fund domiciled in Luxembourg
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.
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.