• Mutual Funds
  • DSP Mutual Funds
  • DSP US Flexible Equity Fund (Growth)

Formerly DSP BlackRock US Flexible Equity Reg Gr

DSP Mutual Funds

DSP US Flexible Equity Fund (Growth)

International EquityUS Equity

38.7094

NAV (May 13)

14.6%
5 Year CAGR
Scripbox Opinion

Not Recommended

Scripbox recommends other funds for investment in us equity.

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.

Our analysis of this fundLearn how we rate funds ->

Track Record

10 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

706 Cr. Medium within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Consistently poor. The historical performance of the fund has been consistently poor

Invest in this fund

Scripbox Recommended US Equity Funds

Want the US equity funds that are right for your long term equity investment needs?

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

38.7094

NAV (May 13)

Fund Returns

Last 1Y

-0.5%

Last 3Y

16.8%

Last 5Y

14.6%

Last 10Y

NA

Since Inception

14.9%

6 Month CAGR

-8%

Scheme Information

Investment Objective

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.

Expense Ratio

2.45

Launched (10y ago)

Aug 03, 2012

AUM in Crores

705.070

ISIN

INF740K01LP6

Lock-in

No Lock-in

Benchmark

Russell 1000 TR USD

SIP Minimum

0

Lumpsum Min.

5000

Fund Managers

Kedar Karnik

Fund Manager

Laukik Bagwe

Fund Manager

Jay Kothari

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2022-05-13

Top Stock Holdings

bgf us flexible equity i2

98.7%
98.7%

treps / reverse repo investments / corporate debt repo

1.5%
1.5%

net receivables/payables

0.2%
0.2%
See all holdings
allocation by market cap

Comparison with International Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Franklin India Feeder Franklin U S Opportunities Fund (G)
Franklin India Feeder Franklin U S Opportunities Fund (G)

₹ 3,262 cr

4

₹ 1,934 cr

4

₹ 38 cr

5

₹ 38 cr

5

₹ 38 cr

5

About the AMC

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.

amc-img

  • 022-66578000
  • service@dspblackrock.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    17.3%

    14.1%

    16.8%

    13.8%

    16.8%

    13.8%

    16.7%

    15.8%

    6.9%

    7.9%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    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. 

    DSP US Flexible Equity Fund- Growth Investment Objective

    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.

    DSP US Flexible Equity Fund- Growth Scheme Details

    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 Return40.40%
    3 Years Return19.30%
    5 Years Return18.70%
    Returns Updated as of 1st July 2021

    DSP US Flexible Equity Fund- Growth Top Stock Holdings

    The DSP US Flexible Equity Fund-Growth has invested its assets majorly in the stocks of the following companies:

    CompanyPercentage of Holding (As of 1st July 2021)
    Alphabet INC5.60%
    Microsoft Corp5.50%
    Amazon.Com INC5.30%
    Apple INC3.80%
    Visa INC3.20%
    Facebook INC3%
    Applied Materials INC2.70%
    Unitedhealth Group INC 2.60%
    Comcast Corporation2.50%
    Berkshire Hathaway INC2.50%

    Asset Allocation of DSP US Flexible Equity Fund- Growth

    The DSP US Flexible Equity Fund-Growth has invested in the following sectors:

    SectorPercentage of Holding (As of 1st July 2021)
    Information Technology24.93%
    Consumer Discretionary16.38%
    Communication Services14.40%
    Financials12.27%
    Healthcare11.04%
    Industrials8.82%
    Materials3.48%
    Energy3.13%
    Consumer Staples2.63%
    Cash and Derivatives1.65%
    Real Estate1.27%

    DSP US Flexible Equity Fund- Growth Review

    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.

    1. The fund has a sufficient history of 9 years for analysis. The track record for these 9 years is good.
    2. With an AUM or relative size of Rs 441 cr, the fund size is medium in comparison to other funds of a similar category
    3. The scheme has performed well consistently over a period of time. Moreover, it provides benchmark beating returns that are similar to similar funds in the same category of mutual funds.

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