DSP BlackRock World Mining Fund NFO - Institutional Plan - Growth Option Details

Offer Opens on: Monday, November 23, 2009

Offer Closes on:
Friday, December 18, 2009

Fund Structure: Open Ended

Type: Fund of Funds

Sub-options:
> Dividend Payout
> Dividend Re-Investment

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 BlackRock Mutual Fund, in order to meet liquidity requirements from time to time.

Asset Allocation:
> Upto 80-100% of Assets in Units of BGF – WMF or other similar overseas mutual fund scheme(s)
> Upto 0-20% of Assets in Money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund

Asset Management Co: DSP BlackRock Investment Managers Limited

Systematic Investment Plan (SIP) Allowed: No

2 comments:

Srikanth said...

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Srikanth said...

The Fund will give you both Commodity diversification as well as Geographical diversification.
An investor interested in a concentrated portfolio of commodities and the mining sector in the medium to long term should consider this fund.
There is an exchange risk. If the rupee depreciates, it adds to the return of the fund since the investment is in a non-rupee asset. Likewise, if the rupee appreciates it would potentially reduce the return of this fund.
There is a Sector Risk with this Fund.

Suggestion :
The Fund has given excellent returns and has had a great trackrecord. Invest with a medium to long term view and do not have more than 5% exposure, depending on your risk appetite.