DSP World Agriculture Fund
An open ended fund of fund scheme investing in BlackRock Global Funds – Nutrition Fund
DSP World Agriculture Fund
An open ended fund of fund scheme investing in BlackRock Global Funds – Nutrition Fund

  • Fund of Fund scheme investing in units of BGF Nutrition Fund.
  • BGF Nutrition Fund invests atleast 70% of its assets in the equity securities of companies engaged in any activity forming part of the food and agriculture value chain, including packaging, processing, distribution, technology, food- and agriculture-related services, seeds, agricultural or food-grade chemicals and food producers

Fund Manager

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

Fund Category

Fund of Funds

Inception date

Oct 19, 2011

Benchmark

MSCI ACWI Net Total Return

NAV
Regular Plan  
Growth: ₹ 18.5010
Direct Plan  
Growth: ₹ 18.9573
Total aum

₹ 34 Cr

Monthly average aum

₹ 35 Cr

Month End Expense Ratio^
Regular Plan : 2.47%
Direct Plan : 2.31%
(Including TER of 0.71% 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

9 Yr

3 Year Risk Statistics:
Standard Deviation : 15.28%
Beta : 0.87
Sharpe Ratio : 0.11
Exit Load

Nil

Data As On October 31, 2020

DSP World Agriculture Fund (FOF) as on September 30, 2020 % to Net Assets
BlackRock Global Funds - Nutrition Fund (Class I2 USD Shares)^^ 95.77
TREPS / Reverse Repo Investments / Corporate Debt Repo 4.41
Net Receivables/Payables -0.18
TOTAL 100.00
 
BlackRock Global Funds - Nutrition Fun (Underlying Fund) as on September 30, 2020
Top 10 stocks
Security% to Net Assets
FMC CORPORATION 4.2
NESTLE SA 4.1
KONINKLIJKE DSM NV 4.0
TRACTOR SUPPLY COMPANY 4.0
GROCERY OUTLET HOLDING CORP 3.9
GRAPHIC PACKAGING HOLDING CO 3.8
KERRY GROUP PLC 3.8
JAMIESON WELLNESS INC 3.7
SYMRISE AG 3.6
RESTAURANT BRANDS INTERNATIONAL INC 3.5
OTHERS 57.2
Cash 4.1
Total 100.00
Sector Allocation
Ingredients 14.3
Nutritech 10.0
Dieting & Wellness 7.8
Ag Chemical 7.2
Machinery 6.2
Food Producer 6.1
Food Retailer 5.9
Food Distributor 5.0
EM Food Producer 2.7
Fertiliser 2.2
Commodity Processor 1.0
Cannabis 0.0
Other 27.4
Total 95.88
Market Cap Allocation
Large (>$10bn) 43.6
Mid 46.7
Small (<$1bn) 9.7
Total 100.00

as on 30th Oct'20

^^Fund domiciled in Luxembourg


Name of Instrument% to Net Assets
OTHERS
Foreign Securities
BlackRock Global Funds - Nutrition Fund (Class I2 USD Shares)^^ 95.73
Total 95.73
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 4.39
Total 4.39
Cash & Cash Equivalent
Net Receivables/Payables -0.12
Total -0.12
GRAND TOTAL 100.00

as on 30th Oct'20

^^Fund domiciled in Luxembourg.


Growth of Rs. 1 L invested at inception: 1.85 L

SIP Returns(In %)
5 yr 3 yr SI*
6.887.995.50
*SI - Since inception
Outperformed Benchmark TRI (calendar year) MSCI ACWI Net Total Return
4%


Rolling Return
  5 yr 3 yr 1 yr
Minimum (%)-1.5 -3.4 -14.7
Maximum (%)8.5 14.7 28.3
Average (%)4.0 4.4 6.0
% times negative returns1.8 7.8 22.0
% of times returns are in
excess of 7%
9.0 20.2 44.8
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 – Nutrition Fund (BGF – NF). 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 assurance that the investment objective of the Scheme will be realised. It shall be noted ‘similar overseas mutual fund schemes’ shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF – NF.
There is no assurance that the investment objective of the Scheme will be realized.

Product Labelling

This Open Ended Fund of Funds 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 companies in the agriculture value chain

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