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DSP Mutual Fund launches DSP Global Innovation Fund of Fund

NFO period: 24th January - 07th February, 2022

Highlights of the NFO:

  • Scheme type - An open ended fund of fund scheme investing in Innovation theme

  • Investment objective - The primary investment objective of the scheme is to seek capital appreciation by investing in global mutual funds schemes and ETFs that primarily invest in companies with innovation theme having potential for higher revenue and earnings growth. 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 realized.

  • Product suitability - The product is suitable for investors who are seeking long-term capital growth by investing in units of overseas funds which invest in equity and equity related securities of companies which are forefront in innovation.

  • Minimum Application Amount - Rs. 500/? and any amount thereafter

  • Plan/ Options available - Regular and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal option (IDCW) with Payout of Income Distribution cum Capital Withdrawal (IDCW) and Reinvestment of Income Distribution cum Capital Withdrawal (IDCW).

  • Fund Managers - Mr. Jay Kothari and Mr. Kedar Karnik

  • Benchmark - MSCI All Country World Index - Net Total Return

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)