DSP Arbitrage Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 25 Jan 2018. Mayur Patel, Rahul Vekaria is the Current Fund Manager of DSP Arbitrage Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹810 Cr and the Latest NAV as of 21 Nov 2019 is ₹10.55.
The DSP Arbitrage Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. For units more than 10% of the investments, an exit load of 0.25% if redeemed within 30 days..
Investment Objective
The investment objective of the Scheme is to generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market. Investments may also be made in debt & money market instruments.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment
For units more than 10% of the investments, an exit load of 0.25% if redeemed within 30 days.
Exit Load