DSP BlackRock World tops MFs last week


Bangalore: DSP BlackRock World fund led the mutual fund schemes last week with a growth rate of 2.3657 percent. As on December 23, the net asset value (NAV) of the scheme was 11.285. DSP BlackRock World is an Open Ended Growth Scheme with a primary investment objective to seek capital appreciation by investing predominantly in the units of BlackRock Global Funds - World Energy Fund and BlackRock Global Funds - New Energy Fund. According to mutualfundsindia.com, other mutual funds which followed DSP BlackRock World are DSP BlackRock World Energy Fund - Institutional - Growth, DSP BlackRock World Mining Fund - Regular - Growth, ING Global Real Estate Fund - Growth and DWS Global Agribusiness Offshore Fund - Growth with growth rates of 2.3657, 1.6714, 1.5291, 1.3986 respectively. As on November 30, 2010, the fund size of the DSP BlackRock World was 288.48 crore. Mehul Jani is the Fund Manager of the scheme.