Fund Details
DSP Natural Resources and New Energy Fund Direct Plan IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.12% |
| NAV | ₹25.07 (05 May 2021) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹514 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 3Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Black Rock Global Funds - New Energy Fund | Financial | Forgn.MF- Equity | 13.1% |
| Black Rock Global Funds - World Energy Fund | Financial | Forgn.MF- Equity | 11.6% |
| Tata Steel Ltd. | Metals | Equity | 10.6% |
| Jindal Steel & Power Ltd. | Metals | Equity | 8.3% |
| Hindalco Industries Ltd. | Metals | Equity | 7.5% |
| Hindustan Zinc Ltd. | Metals | Equity | 6.3% |
| Reliance Industries Ltd. | Energy | Equity | 5.3% |
| Steel Authority Of India Ltd. | Metals | Equity | 4.5% |
| NMDC Ltd. | Metals | Equity | 3.4% |
| GAIL (India) Ltd. | Energy | Equity | 3.3% |
Fund Managers
DSP Natural Resources and New Energy Fund Direct Plan IDCW Details
DSP Natural Resources and New Energy Fund Direct Plan IDCW is a Equity Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 31 Dec 2012. Rohit Singhania, Jay Kothari is the Current Fund Manager of DSP Natural Resources and New Energy Fund Direct Plan IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹514 Cr and the Latest NAV as of 05 May 2021 is ₹25.07.
The DSP Natural Resources and New Energy Fund Direct Plan IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The scheme will invest in equity and equity related securities of companies domiciled in India and a certain portion in companies domiciled overseas, whose predominant economic activity is in the (a) discovery, development, production, or distribution of natural resources, viz., energy, mining, etc.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
