Fund Details
DSP Natural Resources and New Energy Fund Direct Plan Dividend
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.43% |
| NAV | ₹20.23 (22 Jan 2021) |
|---|---|
| Fund Started | 31 Dec 2012 |
| Fund Size | ₹405 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 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 | 14.9% |
| Tata Steel Ltd. | Metals | Equity | 9.8% |
| Hindalco Industries Ltd. | Metals | Equity | 9.3% |
| Black Rock Global Funds - World Energy Fund | Financial | Forgn.MF- Equity | 9.2% |
| Hindustan Zinc Ltd. | Metals | Equity | 8.4% |
| Jindal Steel & Power Ltd. | Metals | Equity | 6.8% |
| Steel Authority Of India Ltd. | Metals | Equity | 4.7% |
| NMDC Ltd. | Metals | Equity | 4.2% |
| Reliance Industries Ltd. | Energy | Equity | 3.8% |
| Oil & Natural Gas Corpn. Ltd. | Energy | Equity | 3.5% |
Fund Managers
DSP Natural Resources and New Energy Fund Direct Plan Dividend Details
DSP Natural Resources and New Energy Fund Direct Plan Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹405 Cr and the Latest NAV as of 22 Jan 2021 is ₹20.23.
The DSP Natural Resources and New Energy Fund Direct Plan Dividend is rated 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.
