DSP Merrill Lynch World Gold Fund

DSP Merrill Lynch World Gold Fund

An open-ended fund of funds scheme, investing in gold mining companies through an international fund, with the primary objective of seeking capital appreciation by investing predominantly in units of Merrill Lynch International Investment Funds – World Gold Fund (MLIIF –WGF). 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.

Plans Minimum Investment
• Regular • Regular – Rs 5000
• SIP – Rs 1000 (min 12 installments)
Options Minimum Additional Purchase
• Growth
• Dividend – Payout
Reinvest
• Regular – Rs. 1000
Entry Load Exit Load
Plan % Load Investment Plan % Load Holding Period
Regular 2.25% < Rs. 5 crores Regular* 1% < 6 months
Nil Rs. 5 crores 0.5% 6 months < 12 months
Nil 12 months
SIP 1% SIP 1.25% < 2 years
Nil 2 years
*No entry load on direct applications i.e. applications not routed through an agent/distributor, with effect from January 4, 2008.
*Exit load is not applicable in the case of switch out into DSP Merrill Lynch World Gold Fund and any open ended equity oriented scheme/plan of the Fund (other than DSP Merrill Lynch Balanced Fund)

Indicative Asset Allocation

Under normal circumstances, it is anticipated that the asset allocation shall be as follows:

Instrument Indicative Allocation (% of Corpus) Risk Profile
Units of MLIIF-WGF or other similar overseas mutual fund scheme(s) 90% – 100% High
Money market securities and/or units of money market/liquid schemes of DSP Merrill Lynch Mutual Fund 0% – 10% Low to Medium

Investor Benefits & General Services:

STP, SWP, Nomination & Direct Deposit Application facilities available, subject to applicable conditions as per the Offer Document Redemption proceeds issued normally within 5 Business Days Declaration of NAV on all Business Days Sale and Redemption of units on all Business Days at Purchase Price and Redemption Price respectively Cut Off Time for Subscription, Redemption and Switching : 3.00 p.m.

AS ON 30th JUNE 2008
Top 10 Sectors Top 10 Stocks
Industry % to Net Assets Name of Instrument % to Net Assets
Gold 76.70% Newcrest Mining 7.90%
Platinum 11.30% Barrick Gold 6.90%
Silver/ Gold 8.90% Kinross Gold 6.60%
Cash 2.30% Impala 5.50%
Diamonds 0.80% Minas Buenaventura 5.40%
INDS Penoles 4.10%
Goldcorp 5.40%
Lihir Gold 4.60%
Agnico Eagle Mines 4.00%
Newmont Mining 4.00%

Related Posts

DSP Merrill Lynch Natural Resources Fund

DSP Merill Lynch Launches World Gold Fund

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7 thoughts on “DSP Merrill Lynch World Gold Fund

  1. Dear Sir,
    I invested in DSP Merrill Lynch Gold Fund vide Folio No. XXXXXXX / YY. I am not getting any Account Statement for the last one year. I shall be thankful if the statement is sent to me regularly on quarterly/half-yearly basis.

    Thanking you,
    Sincerely,
    Mool Shanker Sharma,
    Delhi.

    (Some Personal Information is removed for enhanced privacy protection)

    Like

    • @Mool Shanker Sharma,
      You probably are not receiving your statement as under new SEBI regulation Asset Management companies are not required to send accorss quarterly/half yearly Account statements. They only need to send the statements in case any transaction is conducted during the said period. However, you can request DSP Mutual Fund to send accross the account statements whenever you desire.

      Just pick up your phone and place a call.Your account statement will be delivered whenever you need.

      OMF.

      Like

    • Puja,

      You can go in for any Gold ETF like UTI, SBI Gets or Reliance Gold Exchange Traded Funds. These EFT investments are comparable to buying physical gold. Opt for montly and not lump sum investments as Gold Prices in India and Gold Rates in US have increased manifolds. Staggered monthly investments similar to GOLD SIP.

      OMF.

      Like

  2. Dear Sir

    I invest through SIP on dated 13/08/2008 in DSPML WORLD GOLD FUND-GROWTH. MY ACCOUNT NO IS :xxxxxxx/42. WANT TO STATEMENT FROM STARTING ON MY MAIL ID.

    ALSO PLEASE TELL ME HOW TO CHANGE MY ADDRESS AND BANK DETAIL AND WHAT PROOF SUBMITTED.
    WHAT IS PROCEDURE TO REDEMPTION. BECAUSE MY ADDRESS IS CHANGE…… KOLKATA (WB) TO BIHAR.

    THANKS

    ANIL KUMAR SINGH

    Like

  3. Dear Sir,

    I HAVE INVESTED RS. 35000/- IN DSP MERRILINCG GOLD M.F. IN 24th Sept., 2008. SHOULD IT BE RETAINED OR SOLD? AND WHAT IS THE PROCESS TO SOLD OUT/SURRENDER. PLEASE ADVICE.

    THANKS,

    VEENA KUMARI

    Like

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