DSP World Gold Fund
An open ended fund of fund scheme investing in BlackRock Global Funds – World Gold Fund (BGF – WGF)
DSP World Gold Fund
An open ended fund of fund scheme investing in BlackRock Global Funds – World Gold Fund (BGF – WGF)
  • Fund of Fund scheme investing in units of BGF World Gold Fund.
  • BGF World Gold Fund invests globally atleast 70% of its assets in the equity securities of companies predominantly engaged in gold-mining.

Fund Manager

Jay Kothari
Total work experience of 14 years.
Managing this scheme since March 2013.

Inception date

Sep 14, 2007

Benchmark

FTSE Gold Mine

NAV AS ON APRIL 30, 2020
Regular Plan  
Growth: ₹ 17.6075
Direct Plan  
Growth: ₹ 18.2000
Total aum

₹ 465 Cr

Monthly average aum

₹ 397 Cr

Month End Expense Ratio
Regular Plan : 2.47%
Direct Plan : 1.90%
(Including TER of 1.05% 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.
Exit load

Nil

DSP World Gold Fund (FOF) as on March 31, 2020% to Net Assets
BlackRock Global Funds - World Gold Fund (Class I2 USD Shares)^^ 98.41%
TREPS / Reverse Repo Investments / Corporate Debt Repo 2.04%
Net Receivables/Payables -0.45%
TOTAL 100.00%
 
BlackRock Global Funds - World Gold Fund (Underlying Fund) as on March 31, 2020
Top 10 stocks
Security % to Net Assets
BARRICK GOLD CORP 10.1%
NEWMONT CORPORATION 9.5%
NORTHERN STAR RESOURCES LTD 4.9%
WHEATON PRECIOUS METALS CORP 4.4%
AGNICO EAGLE MINES LTD 4.3%
POLYUS PAO 4.2%
ANGLOGOLD ASHANTI LTD 4.0%
FRANCO NEVADA CORP 3.9%
ALAMOS GOLD INC 3.8%
NEWCREST MINING LTD 3.7%
OTHERS 44.7%
Cash 2.4%
Total 100.00%
Sector Allocation
Gold 86.4%
Silver 8.4%
Platinum Group Metals 1.4%
Nickel 0.5%
Diversified 0.4%
Copper 0.4%
Total 97.56%
Market Cap Allocation
Large (>$10bn) 36.4%
Mid 54.1%
Small (<$1bn) 9.5%
Total 100.00%

^^Fund domiciled in Luxembourg


Name of Instrument% to Net Assets
OTHERS
Foreign Securities
BlackRock Global Funds - World Gold Fund (Class I2 USD Shares)^^ 99.44%
Total 99.44%
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 16.34%
Total 16.34%
Cash & Cash Equivalent
Net Receivables/Payables -15.78%
Total -15.78%
GRAND Total 100.00%

^^Fund domiciled in Luxembourg


Investment Objective

An open ended Fund of Funds scheme seeking to generate capital appreciation by investing predominantly in units of BlackRock Global Funds - World Gold Fund (BGF-WGF). 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.
There is no assurance that the investment objective of the Scheme will be realized.

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 gold mining Companies

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