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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 16 years.
Managing this scheme since March
2013.
Fund of Funds
Dec 29, 2009
Euromoney Global Mining
Constrained Weights Net
Total Return Index
| Regular Plan | |
| Growth: | ₹ 10.0320 |
| Direct Plan | |
| Growth: | ₹ 10.4627 |
₹ 49 Cr
₹ 50 Cr
| Regular Plan : | 2.20% |
| Direct Plan : | 1.60% |
| (Including TER of 1.00% 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. | |
10 Yr 10 Mn
| Standard Deviation : | 24.96% |
| Beta : | 1.00 |
| Sharpe Ratio : | 0.24 |
Nil
Data As On October 31, 2020
| DSP World Mining Fund (FOF) as on September 30, 2020 | % to Net Assets |
| BlackRock Global Funds - World Mining Fund (Class I2 USD Shares)^^ | 94.88 |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 5.24 |
| Net Receivables/Payables | -0.12 |
| TOTAL | 100.00 |
| BlackRock Global Funds - World Mining Fund (Underlying Fund) as on September 30, 2020 | |
| Top 10 stocks | |
| Security | % to Net Assets |
| NEWMONT CORPORATION | 8.5 |
| BHP GROUP PLC | 8.1 |
| RIO TINTO PLC | 7.8 |
| VALE SA | 5.8 |
| FREEPORT-MCMORAN INC | 5.2 |
| ANGLO AMERICAN PLC | 5.1 |
| BARRICK GOLD CORP | 4.9 |
| WHEATON PRECIOUS METALS CORP | 4.7 |
| FRANCO NEVADA CORP | 3.9 |
| NORTHERN STAR RESOURCES LTD | 2.4 |
| OTHERS | 42.3 |
| Cash | 1.4 |
| Total | 100.00 |
| Sector Allocation | |
| Gold | 34.6 |
| Diversified | 29.9 |
| Copper | 17.8 |
| Silver | 5.0 |
| Platinum Group Metals | 3.6 |
| Iron | 3.0 |
| Nickel | 1.7 |
| Steel | 1.5 |
| Industrial Minerals | 1.4 |
| Aluminium | 0.1 |
| Total | 98.63 |
| Market Cap Allocation | |
| Large (>$10bn) | 71.6 |
| Mid | 26.8 |
| Small (<$1bn) | 1.6 |
| Total | 100.00 |
as on 30th Oct'20
^^Fund domiciled in Luxembourg
| Name of Instrument | % to Net Assets |
| OTHERS | |
| Foreign Securities | |
| BlackRock Global Funds - World Mining Fund (Class I2 USD Shares)^^ | 94.21 |
| Total | 94.21 |
| MONEY MARKET INSTRUMENTS | |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 5.81 |
| Total | 5.81 |
| Cash & Cash Equivalent | |
| Net Receivables/Payables | -0.02 |
| Total | -0.02 |
| GRAND TOTAL | 100.00 |
as on 30th Oct'20
^^Fund domiciled in Luxembourg
| Growth of Rs. 1 L invested at inception: | 1.00 L |
| SIP Returns(In %) | ||||
| 10 yr | 5 yr | 3 yr | SI* | |
| 4.27 | 12.48 | 11.99 | 3.65 | |
| Outperformed Benchmark TRI (calendar year) | Euromoney Global Mining Constrained
Weights Net Total Return Index |
| 10 yr | 5 yr | 3 yr | 1 yr | |
| Minimum (%) | -5.1 | -20.4 | -27.1 | -45.4 |
| Maximum (%) | 1.4 | 16.6 | 25.1 | 87.3 |
| Average (%) | -0.7 | -4.1 | -2.1 | 1.2 |
| % times negative returns | 62.9 | 76.9 | 60.1 | 50.7 |
| % of times returns are in excess of 7% | -- | 6.3 | 28.1 | 37.2 |
Mid Cap: 101st -250th company in terms of full market capitalization
Small Cap: 251st company onwards in terms of full market capitalization.
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 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.