DSP BLACKROCK WORLD MINING FUND

DSP BLACKROCK WORLD MINING FUND

OPEN ENDED FUND OF FUNDS SCHEME INVESTING IN INTERNATIONAL FUND

SCHEME INFORMATION DOCUMENT

Continuous Offer of Units at NAV based prices

Name of Mutual Fund

:

Name of Asset Management Company :

Name of Trustee Company

:

Addresses of the entities

:

Website

:

DSP BlackRock Mutual Fund DSP BlackRock Investment Managers Private Limited DSP BlackRock Trustee Company Private Limited Mafatlal Centre, 10th Floor, Nariman Point, Mumbai 400021

PRODUCT LABELLING & SUITABILITY

This Scheme is suitable for investors who are seeking*

Long-term capital growth Investment in units of overseas funds which invest primarily in equity and equity related

securities of mining companies

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

RISKOMETER

The particulars of the Scheme have been prepared in accordance with the Securities and Exchange Board of India (Mutual Funds) Regulations 1996, (herein after referred to as SEBI (MF) Regulations) as amended till date, and filed with SEBI, along with a Due Diligence Certificate from the AMC. The units being offered for public subscription have not been approved or recommended by SEBI nor has SEBI certified the accuracy or adequacy of the Scheme Information Document.

The Scheme Information Document sets forth concisely the information about the scheme that a prospective investor ought to know before investing. Before investing, investors should also ascertain about any further changes to this Scheme Information Document after the date of this Document from the Mutual Fund / Investor Service Centres / Website / Distributors or Brokers.

The investors are advised to refer to the Statement of Additional Information (SAI) for details of DSP BlackRock Mutual Fund, Tax and Legal issues and general information on . SAI is incorporated by reference (is legally a part of the Scheme Information Document). For a free copy of the current SAI, please contact your nearest Investor Service Centre or log on to our website.

The SID should be read in conjunction with the SAI and not in isolation.

This SID is dated April 28, 2017

SPONSOR

DSP HMK HOLDINGS PVT. LTD. and DSP ADIKO HOLDINGS PVT. LTD. (Collectively) Mafatlal Centre, 11th Floor, Nariman Point, Mumbai - 400 021. Tel: 022-2272 2731 Fax: 022-2272 2732

SPONSOR

BlackRock Inc. 40 East 52nd Street, New York, NY 10022, USA.

TRUSTEE

CUSTODIAN

ASSET MANAGEMENT COMPANY

DSP BlackRock Investment Managers Pvt. Ltd. Mafatlal Centre, 10th Floor, Nariman Point Mumbai - 400 021 Tel: 022-6657 8000 Fax: 022-6657 8181

REGISTRAR

DSP BlackRock Trustee Company Pvt. Ltd. Mafatlal Centre, 10th Floor, Nariman Point Mumbai - 400 021 Tel: 022-6657 8000 Fax: 022-6657 8181

Citibank N.A. Securities and Issuer Services (SFS), First International Financial Centre (FIFC), 11th Floor, Plot Nos. C 54 and C55, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051. Tel: 022-61756902 Fax: 022-26532205

Computer Age Management Services Pvt. Ltd. Unit : DSP BlackRock Mutual Fund, VII Floor, Tower I, Rayala Towers, 158, Anna Salai, Chennai - 600 002. Tel.: 044-30915400 Fax: 044-28432253

AUDITORS TO THE MUTUAL FUND S.R. Batliboi & Co. LLP

12th Floor, The Ruby, 29 Senapati Bapat Marg, Dadar (West) Mumbai ? 400 028, Tel: 022-6192 2268

TABLE OF CONTENTS

SECTION I - HIGHLIGHTS/SUMMARY OF THE SCHEME _______________________________________ 3 SECTION II ? DEFINITIONS____________________________________________________________ 5 SECTION III - ABBREVIATIONS & INTERPRETATIONS ________________________________________ 7 SECTION IV - INTRODUCTION _________________________________________________________ 9

A. RISK FACTORS ______________________________________________________________ 9 B. RISK MANAGEMENT STRATEGIES _________________________________________________ 14 C. REQUIREMENT OF MINIMUM INVESTORS IN THE SCHEMES ______________________________ 15 D. SPECIAL CONSIDERATIONS _____________________________________________________ 16 E. DUE DILIGENCE BY THE AMC ____________________________________________________ 18 SECTION V - INFORMATION ABOUT THE SCHEME _________________________________________ 19 A. TYPE OF THE SCHEME _________________________________________________________ 19 B. WHAT IS THE INVESTMENT OBJECTIVE OF THE SCHEME? ______________________________ 19 C. HOW WILL THE SCHEME ALLOCATE ITS ASSETS? _____________________________________ 19 D. WHERE WILL THE SCHEME INVEST? _______________________________________________ 19 E. WHAT ARE THE INVESTMENT STRATEGIES? _________________________________________ 23 F. FUNDAMENTAL ATTRIBUTES ____________________________________________________ 25 G. HOW WILL THE SCHEME BENCHMARK ITS PERFORMANCE? _____________________________ 25 H. WHO WILL MANAGE THE SCHEME? _______________________________________________ 25 I. WHAT ARE THE INVESTMENT RESTRICTIONS? ________________________________________ 26 J. HOW HAS THE SCHEME PERFORMED? _____________________________________________ 29 K. HOW IS THE SCHEME DIFFERENT FROM THE EXISTING FUND OF FUNDS SCHEMES OF THE MUTUAL FUND? _______________________________________________________________________ 30 SECTION VI - UNITS AND OFFER ______________________________________________________ 35 A. NEW FUND OFFER (NFO) _______________________________________________________ 35 B. ONGOING OFFER DETAILS ____________________________________________________ 35 C. PERIODIC DISCLOSURES ________________________________________________________ 59 D. COMPUTATION OF NAV ________________________________________________________ 62 SECTION VII - FEES AND EXPENSES ___________________________________________________ 63 A. NFO EXPENSES ______________________________________________________________ 63 B. ANNUAL SCHEME RECURRING EXPENSES ___________________________________________ 63 C. LOAD STRUCTURE ____________________________________________________________ 66 D. TRANSACTION CHARGE ________________________________________________________ 66 SECTION VIII - RIGHTS OF UNITHOLDERS _______________________________________________ 67 SECTION IX - PENALTIES AND PENDING LITIGATION_______________________________________ 67

2

SECTION I - HIGHLIGHTS/SUMMARY OF THE SCHEME

Type of Scheme Investment Objective

Open ended fund of funds Scheme, investing in international funds

The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in the units of BlackRock Global Funds ? World Mining Fund. 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.

Plans Available under the Scheme Options Available

Minimum Amount

Application

(First purchase and for subsequent purchase)

Minimum installment for SIP

There can be no assurance that the investment objective of the Scheme will be realized. ? Regular Plan ? Direct Plan ? Growth ? Dividend

Payout Dividend Reinvest Dividend The Plans under the Scheme will have common portfolio.

Rs. 1,000/- and any amount thereafter

Rs. 500/-

Minimum installment for SWP/STP (Applicable only during continuous/ongoing offer) Entry Load

Rs. 500/Not Applicable

Exit Load (As a % of Applicable NAV)

The upfront commission on investment made by the investor shall be paid to the ARN Holder directly by the investor, based on the investor's assessment of various factors including service rendered by the ARN Holder. Holding Period from date of allotment:

< 12 months: 1%

>= 12 months: Nil

Note: No exit load shall be levied In case of switch of investments from Direct Plan to Regular Plan and vice versa.

Liquidity

The Mutual Fund will endeavor to despatch redemption proceeds within 5 Business Days from the date of acceptance of redemption request.

3

Benchmark Index Transparency/NAV Disclosure

Euromoney Global Mining Constrained Weights Net Total Return Index

NAV will be calculated and declared on every Business Day, except in special circumstances described under `Suspension of Sale and Redemption of Units' in the SAI. The AMC will declare separate NAV under Regular Plan and Direct Plan of Scheme.

Also, full portfolio in the prescribed format will be disclosed by publishing in the newspapers or by sending to the Unit Holders within 1 month from the end of each half-year i.e. March 31 and September 30. The portfolio will also be displayed on the website of the Mutual Fund.

Temporary suspension of subscription

The monthly portfolio of Scheme shall be available in a user-friendly and downloadable format on the website viz. on or before the tenth day of succeeding month

The AMC/Trustee reserves the right to temporarily suspend subscriptions in/switches into the Scheme or terminate the SIP/STP into the Scheme, if the limits prescribed by SEBI for overseas investments are exceeded/expected to be exceeded (currently the limit for the Mutual Fund is equivalent to US$ 600 mn.).

Note: 1. SIP/SWP/STP facility is available only in the Direct & Regular Plan of the Scheme. 2. Switch facility and the facility of SWP & STP are currently not available for transactions carried out

through the stock exchange mechanism 3. w.e.f January 1, 2013, the existing investment in the Scheme, are being identified under Regular

Plan of the Scheme.

4

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download