DSP BlackRock World Mining Fund

DSP BlackRock World Mining Fund is managed by Mehul Jani. It’s a new fund in this category. New investors can safely skip this fund. If you have already invested in this scheme keep a close watch on its performance.

Where does DSP BlackRock World Mining invest your money?

DSP BlackRock World mining Fund is a fund of fund which means most of your money will be invested in other funds of DSP BlackRock with a global perspective.  The fund would predominantly invest in units of BlackRock Global Funds - World Mining Fund. In addition to this, a significant part of its corpus would be invested in units of other similar overseas mutual fund schemes.

Suitable for what?
  • Creating wealth
  • Lifestyle needs
Not suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
How has DSP BlackRock World Mining Fund performed in the past?

If you had invested Rs 1 lakh when the fund was launched in Dec 2009, your value of investments would sadly drop to Rs 81084. The performance has not been similar to other mutual funds in this category. 

Assume you had invested Rs 10,000 every month in DSP Black Rock World Mining Fund through SIP since inception today you would just have around Rs 3.82 lakhs.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Not Recommended
What are the charges applicable?

A onetime fee of Rs 100 is charged on investments over Rs 10, 000 made through distributors. If you are a first time investor in mutual funds an additional Rs 50 is charged to cover KYC expenses. This is deducted from your investment and can be skipped if you buy directly from the mutual fund via their website or offices.

If units are sold within a year an exit load of 1% is deducted from your total returns. No exit load applies for units withdrawn post one year. Expense ratio of DSP BlackRock World Mining Fund is 1.72%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in an equity mutual fund are absolutely tax free, provided you do not withdraw within 1 year. 

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