InvestorQ : What DSP World Gold Fund consists of?
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What DSP World Gold Fund consists of?

Answer
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9 months ago


DSP World Gold Fund is a thematic fund of the international category. It is a Fund of Fund (FOF) that invests in the units of DSP BlackRock Global Funds - World Gold Fund (BGF - WGF). BGF – WGF seeks to generate returns by investing at least 70% of its total assets in the equity instruments of companies that are predominantly engaged in gold mining activities. It may also invest in the equity securities of the companies which are primarily engaged in the business of other precious metals or minerals or base metals. Please note that thematic funds are recommended to the investors with a very high-risk appetite. FOF is treated as debt funds for the taxation purpose.