Formerly DSP BlackRock US Flexible Equity Reg Gr
Click here to see our recommendations.
Us equity funds provides exposure to international markets and is suitable for investment objectives with duration specific to the fund category.
10 Years. The Fund has Sufficient history for analysis and the track record is good.
706 Cr. Medium within the category
Superior. The category has a superior investment outlook
Consistency Of Performance
Consistently poor. The historical performance of the fund has been consistently poor
Want the US equity funds that are right for your long term equity investment needs?
NAV (May 13)
6 Month CAGR
The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds US Flexible Equity Fund (BGF - USFEF). 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 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. It shall be noted 'similar overseas mutual fund schemes' shall have investment objective,investment strategy and risk profile/consideration similar to those of BGF – USFEF.
Launched (10y ago)
Aug 03, 2012
AUM in Crores
Russell 1000 TR USD
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
bgf us flexible equity i298.7%
treps / reverse repo investments / corporate debt repo1.5%
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 3,262 cr
₹ 1,934 cr
₹ 38 cr
₹ 38 cr
₹ 38 cr
DSP Investment Managers Private Limited
DSP Investment Managers Private Limited manages assets worth 114,174 crores and was set up on 13 May 1996. It's current offering of mutual fund schemes includes 54 equity,164 debt and 26 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
DSP US Flexible Equity Fund-Growth is an open-ended fund of funds international mutual fund scheme. It primarily invests in US-based leading companies exhibiting huge innovation and leading many global trends & investment themes. The fund provides its Indian investors an opportunity to invest in US companies through an investment in the fund. The fund was previously known as DSP BlackRock US Flexible Equity Reg Gr.
DSP Mutual Fund manages the fund. The fund is being co-managed by Mr. Jay Kothari, Kedar Karnik, and Laukik Bagwe. The recommended investment tenure is a minimum of 5 years. The prescribed asset allocation for the scheme if 95% to 100% in equity and equity-related securities and 0% to 5% in money market instruments. However, as of 1st July 2021, the asset allocation is 93.81% in equity and equity-related securities, 6.37% in debt instruments, and (0.18%) in cash and cash equivalents.
The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds US Flexible Equity Fund (BGF – USFEF). 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 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. It shall be noted ‘similar overseas mutual fund schemes’ shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF – USFEF.
On 6th February 2012, Feeder Franklin Mutual Funds had launched DSP US Flexible Equity Fund- Growth. The fund has been in existence for the past 9 years.
NAV and Returns – The NAV of the fund as of 1st July 2021 is Rs 57.38. The risk-o-meter of the fund is very high risk. Hence, an investor must understand that their principal amount of investment will be at very high risk. Owing to the nature and asset class of the fund, an investor may expect volatility in their investments over the short term. DSP US Flexible Equity Fund-Growth is a 9-year-old fund. The scheme has delivered a return of 17% since its inception.
Minimum Investment – The fund requires a minimum SIP investment of Rs 1,000. However, the minimum amount for a lump sum investment is Rs 5,000
Expense Ratio and Exit Load – The fund charges an expense ratio of 2.41% on the units of the mutual funds. This charge is higher than the exit load charged by other funds in the same category The fund does not charge any exit load.
Fund Manager – The fund is being co-managed by Mr. Jay Kothari, Kedar Karnik, and Laukik Bagwe. Mr. Jay Kothari has been managing the fund since March 2013. With over 14 years of experience, he is the Vice President & Product Strategist at DSPIM. Mr. Laukik Bagwe possesses experience of 11 years. Currently, he manages the Fixed Income Investment team of DSP Investment managers. He has been managing the fund since August 2012. Mr. Kedar Karnik has been managing the fund since June 2020. Moreover, he possesses industry experience of 10 years.
Other Details – There is no lock-in period for the scheme. So, an investor can redeem an investment anytime without any redemption limit. As of 1st July 2021, the AUM of DSP US Flexible Equity Fund-Growth is Rs 441 cr. The fund benchmarks to Russell 3000 Growth PR USD. This fund is meant for investors with a minimum investment horizon of 5 years.
|1 Year Return||40.40%|
|3 Years Return||19.30%|
|5 Years Return||18.70%|
The DSP US Flexible Equity Fund-Growth has invested its assets majorly in the stocks of the following companies:
|Company||Percentage of Holding (As of 1st July 2021)|
|Applied Materials INC||2.70%|
|Unitedhealth Group INC||2.60%|
|Berkshire Hathaway INC||2.50%|
The DSP US Flexible Equity Fund-Growth has invested in the following sectors:
|Sector||Percentage of Holding (As of 1st July 2021)|
|Cash and Derivatives||1.65%|
DSP US Flexible Equity Fund-Growth is recommended by Scripbox for investment within the US Equity mutual fund category. US equity mutual funds provide exposure to international markets. Being a fund of funds, the investors invest in this fund in rupees and the fund invests its corpus in US companies. The fund is an alternative to investment in US companies. It achieves its objective by maintaining a concentrated portfolio of equity and equity-related instruments and securities.
US equity mutual funds are suitable for an investment horizon that is specific to the fund category. The scheme offers a diversified investment portfolio in US markets in line with its wealth creation investment objective.
Scripbox uses time-tested principles, historical data, and valid assumptions about asset classes. We combine them with a rigorous process to finalize which asset classes make the most sense for specific types of objectives, considering the time needed to achieve them.
Once we select an asset class, our algorithm goes to work to select the best financial products.
The algorithm scores financial products on multiple parameters, giving relevant weights to each of the listed parameters, such as:
With such a scientific and detailed approach Scripbox ensures:
Our investment product selection science helps us help you, without biases clouding the evaluation.
Discover More Funds