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DSP Merrill Lynch World Gold Fund


Name of Fund: DSP Merrill Lynch World Gold Fund

Scheme: Open-end, Fund of Funds Scheme

Objective: The fund would predominantly invest in units of Merrill Lynch International Investment Funds- World Global Fund (MLIIF- WGF). In addition to this, a significant part of its corpus would be invested in units of other similar overseas mutual fund schemes. This is the first fund to invest in gold mining companies through an international fund.

Asset Allocation: The fund would invest 90 to 100% in units of MLIIF-WGF or other similar overseas mutual fund schemes and 0 to 10% in money market securities or in units of money market schemes of DSP Merrill Lynch Mutual Fund.

Fund Opens: July 25, 2007

Fund Closes: August 23, 2007

Face Value: Rs 10

Investment Options: Growth, Dividend Payout and Dividend Reinvestment

Entry Load: The fund would charge an entry load of 2.25% for investments less than Rs 5 Cr.

Exit Load: An exit load of 0.50% would be charged if redeemed within 6 months of allotment

Minimum Investment Amount: Rs 5, 000

Benchmark Index: FTSE Gold Mines

Fund Manager: Aniruddha Naha and Dhawal Dalal