DSP BlackRock Mutual Fund files offer document with Securities and Exchange Board of India (SEBI) to launch DSP BlackRock World Agriculture Fund, which is an open ended fund of funds investing in an international fund. The key highlights of the scheme are as follows:
Investment Objective: The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds
World Agriculture Fund (BGF - WAF). 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 BlackRock 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.
Benchmark: DAX Global Agribusiness Index
Asset Allocation: The scheme will invest 80% - 100% in Units of BGF - WAF or other similar overseas mutual fund scheme(s) with high risk profile. It can invest upto 20% in money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund.
Fund Manager: Mr. Mehul Jani
Minimum Application Amount: Rs. 5,000/- and multiples of Re. 1/- thereafter
Entry Load: Nil
Exit Load:
Holding Period from date of allotment:
< 12 months: 1%
>= 12 months: Nil