DSP Equity & Bond Direct Dividend is a Hybrid Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Vikram Chopra, Atul Bhole is the Current Fund Manager of DSP Equity & Bond Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹6,303 Cr and the Latest NAV as of 21 Nov 2019 is ₹40.03.
The DSP Equity & Bond Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed within 12 months.
Investment Objective
Seeks to generate long term capital appreciation and current income from a portfolio constituted of equity and equity related securities as well as fixed income securities.
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
Exit load of 1% if redeemed within 12 months
Exit Load