DSP Global Equity Fund
DSP Fund Managers IFSC Private Limited
DSP Global Equity Fund is a GIFT City (IFSC) outbound fund managed by DSP Fund Managers IFSC Private Limited. Its latest NAV is USD 9.371 (Class B) as of 19 Oct 2026, as published by the fund house.
Fund may invest capital appreciation by primarily investing in global equity and equity related instruments, including derivatives. Investments may also be made in debt and money market instruments. There is no assurance that the investment objective of the scheme will be achieved.
For information only, not investment advice. Eligibility and suitability depend on the investor.
Key facts
As published by the fund house; “Not published” means the source does not state it.
- Inception date
- 18 Sept 2025
- Benchmark
- MSCI ACWI
- Fund manager
- GIRIRAJ BISSA
- Minimum investment
- $5,000
- AUM
- $61.20M (30 Sept 2026)
- Expense ratio (TER)
- Regular 1.75% · Direct 1.00%
- Management fee
- Not published
- Exit load
- 1% if redeemed within 24 months
- Structure
- —
- Master fund
- —
- Category
- Outbound Retail Fund from GIFT City
- Currency
- USD
More terms stated by the source (18)
- Id
- 6
- Code
- DGEQ
- Currency
- USD
- Fund name
- DSP Global Equity Fund
- Liquidity
- Daily
- Subfund code
- DGEQ
- Holdings note
- Printed total 82.1%; weights are printed for 32 holdings (78.8%). The portfolio also holds two healthcare ETFs: the iShares Global Healthcare ETF and the iShares U.S. Medical Devices ETF.
- Fund sub title
- Outbound Retail Fund from GIFT City
- Inception date
- 2025-09-18
- Lock in period
- None
- Step up amount
- 500
- Effective tax rate
- 18-21%
- Exit load duration
- 1% if < 24 months
- Investment horizon
- 1.07 Years+
- Portfolio description
- A concentrated, high-conviction portfolio of global businesses, chosen for governance, earnings quality, and valuation discipline rather than to mirror an index.
- Performance disclaimer
- Fund launched in September 2025. Performance history is therefore limited.
- Performance description
- Annualised returns, compared against the MSCI ACWI benchmark. As a young fund with a short track record, early-period returns should be read with that context in mind.
- Redemption proceeds days
- T + 2
NAV history
Daily NAV per share class, from the fund house's own records.
241 daily NAVs for Class B, 18 Sept 2025 to 19 Oct 2026.
Show recent NAVs (Class B, last 30)
| Date | NAV (USD) | Change |
|---|---|---|
| 9.371 | 0.16% down | |
| 9.386 | 0.35% down | |
| 9.419 | 1.03% up | |
| 9.323 | 0.34% down | |
| 9.355 | 0.56% up | |
| 9.303 | 1.42% up | |
| 9.173 | 0.92% down | |
| 9.258 | 0.47% up | |
| 9.215 | 0.49% up | |
| 9.17 | 0.57% down | |
| 9.223 | 0.01% up | |
| 9.222 | 0.13% down | |
| 9.234 | 0.30% down | |
| 9.262 | 0.17% up | |
| 9.246 | 0.27% down | |
| 9.271 | 1.05% down | |
| 9.369 | 0.07% up | |
| 9.362 | 0.97% up | |
| 9.272 | 0.46% down | |
| 9.315 | 0.54% up | |
| 9.265 | 0.65% down | |
| 9.326 | 0.24% up | |
| 9.304 | 1.02% down | |
| 9.40 | 1.10% down | |
| 9.505 | 0.89% down | |
| 9.59 | 0.32% up | |
| 9.559 | 0.16% down | |
| 9.574 | 1.00% down | |
| 9.671 | 0.22% down | |
| 9.692 | 0.41% down |
Performance vs benchmark
Returns as printed by the fund house beside its benchmark's; the fund-house table is the source, not our calculation.
Class A: fund vs benchmark
as of 30 Sept 2026 · fund return reproduced from our NAV history| Series | 1M | 3M | 6M | Since launch |
|---|---|---|---|---|
| Fund | -4.70% | +1.10% | +3.70% | -8.50% |
| MSCI ACWI | -1.10% | +1.60% | +16.80% | +17.50% |
| Fund minus benchmark | -3.60 pp | -0.50 pp | -13.10 pp | -26.00 pp |
Class B: fund vs benchmark
as of 30 Sept 2026 · fund return reproduced from our NAV history| Series | 1M | 3M | 6M | Since launch |
|---|---|---|---|---|
| Fund | -4.60% | +1.30% | +4.10% | -7.80% |
| MSCI ACWI | -1.10% | +1.60% | +16.80% | +17.50% |
| Fund minus benchmark | -3.50 pp | -0.30 pp | -12.70 pp | -25.30 pp |
Returns are printed by the fund house in its factsheet, in USD. Past performance is not a guide to the future. Differences are in percentage points.
Share classes and returns
Returns are computed from the stored NAV history and left blank when the history is shorter than the period. Not a forecast.
| Class | NAV | 1M | 3M | 6M | YTD | 1Y | Since launch | Mgmt fee | TER | Min. |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Regular | 9.295 19 Oct 2026 | 1.00% up | 0.55% up | 3.50% down | 6.52% down | 5.28% down | 7.05% down | — | 1.75% | $5,000 |
| Class B Direct | 9.371 19 Oct 2026 | 1.07% up | 0.74% up | 3.13% down | 5.94% down | 4.56% down | 6.29% down | — | 1.00% | $5,000 |
Portfolio
Holdings and weights as printed in the latest factsheet; dates shown are the portfolio dates the fund house states.
What the fund holds · as of 30 Sept 2026
| # | Holding | Weight |
|---|---|---|
| 1 | TSMC | 7.60% |
| 2 | Adyen NV | 5.80% |
| 3 | Amazon.com Inc | 5.00% |
| 4 | Alphabet Inc | 4.30% |
| 5 | Tencent Holdings Ltd | 4.20% |
| 6 | Meta Platforms Inc | 4.20% |
| 7 | Nexans SA | 4.10% |
| 8 | Constellation Software Inc | 3.90% |
| 9 | Berkshire Hathaway Inc | 3.00% |
| 10 | Fairfax India Holdings | 3.00% |
| 11 | Anta Sports Products Ltd | 2.40% |
| 12 | Puma SE | 2.30% |
| 13 | London Stock Exchange Group | 2.10% |
| 14 | Trip.com Group Ltd | 2.00% |
| 15 | Nintendo Co Ltd | 2.00% |
| 16 | Prudential PLC | 2.00% |
| 17 | De'Longhi SpA | 2.00% |
| 18 | NetEase Inc | 1.80% |
| 19 | Boliden AB | 1.80% |
| 20 | Netflix Inc | 1.80% |
| 21 | Bajaj Mobility AG | 1.60% |
| 22 | Jardine Matheson Holdings | 1.60% |
| 23 | Booking Holdings Inc | 1.50% |
| 24 | Brookfield Corp | 1.50% |
| 25 | Moody's Corp | 1.40% |
| 26 | PDD Holdings Inc | 1.40% |
| 27 | S&P Global Inc | 1.30% |
| 28 | BYD Co Ltd | 1.10% |
| 29 | Mastercard Inc | 0.70% |
| 30 | Lululemon Athletica Inc | 0.50% |
| 31 | Deckers Outdoor Corp | 0.50% |
| 32 | Universal Music Group NV | 0.40% |
Tax at the fund level
As stated by the fund house; confirm with a tax adviser.
- Long-term gains
- 14.95%
- Short-term gains
- 42.74%
- Dividends
- 35.88%
Tax is paid at the Fund level on income arising to the Fund. There should not be any tax in the hands of investors on gains at the time of redemption in India.
Documents
Links open the fund house's own files.
Annual report
Offer document
Other
- Annual Return for the Financial Year 2024-25 ↗
- Annual Return for the Financial Year 2025-26 ↗
- Consumer Charter ↗
- Disclosure of Votes Cast During Q1 (April–June) of FY 2026–27 ↗
- Disclosure of Votes Cast During Q1 (April–June) of the financial year 2026-27 ↗
- Disclosure of Votes Cast During Q2 (July–September) of FY 2026–27 ↗
- Disclosure of Votes Cast During the financial year 2025-26 ↗
- Extraordinary General Meeting of the Company – 01/2025-26 ↗
- Summary of Votes FY 2025-26 ↗
- Summary of Votes FY 2025-26 ↗
- Summary of Votes FY 2026-27 ↗
- Summary of Votes FY 2026-27 ↗
- Voting Disclosure FY 2025-26 ↗
Policy
About the fund house
- Legal entity
- DSP Fund Managers IFSC Private Limited
- IFSCA registration
- Not stated on the source
- CIN
- U65990GJ2022PTC135942
- Address
- Pragya II, Office no. 508 & 509, 5th floor, Block 15-C1, Road 11, Zone 1, GIFT SEZ, GIFT City, Gandhinagar - 382050, Gujarat, India
- Website
- giftcity.dspim.com/ ↗
Last collected 21 Oct 2026. Check the fund house's own documents before relying on any figure.
Other outbound funds
NAV as of 19 Oct 2026 · data refreshed 21 Oct 2026