DSP Natural Resources And New Energy Fund - Regular Plan - IDCW

DSP Natural Resources And New Energy Fund - Regular Plan - IDCW is a scheme launched by DSP Mutual Fund on April 25, 2008, and falls under the Energy fund category. It currently manages an AUM of Rs 1,391.09 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 2.11% for managing the portfolio.

• Investing Strategy:

  The primary investment objective of the Scheme is seeking to generate long term capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies domiciled in India whose predominant economic activity is in the: a) discovery, development, production, or distribution of natural resources, viz., energy, mining etc; (b) alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies. The Scheme will also invest a certain portion of its corpus in the equity and equity related securities of companies domiciled overseas, which are principally engaged in the discovery, development, production or distribution of natural resources and alternative energy and/or the units/shares of BlackRock Global Funds – Sustainable Energy Fund, BlackRock Global Funds – World Energy Fund and similar other overseas mutual fund schemes. The secondary objective is to generate consistent returns by investing in debt and money market securities.

• Performance:

  DSP Natural Resources And New Energy Fund - Regular Plan - IDCW trailing returns over different times are -5.16% (1 year), 13.25% (3 year) and 16.52% (5 year). The average annual return of this fund stands at 1.74%.