DSP Banking & PSU Debt Fund Direct Dividend Daily is a Debt Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 14 Sep 2013. Vikram Chopra, Saurabh Bhatia is the Current Fund Manager of DSP Banking & PSU Debt Fund Direct Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹2,354 Cr and the Latest NAV as of 21 Jan 2020 is ₹10.16.
The DSP Banking & PSU Debt Fund Direct Dividend Daily is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Nil.
Investment Objective
The investment objective of the Scheme is to seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings. There is no assurance that the investment objective of the Scheme will be realized.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹1000
Min for First Investment
₹1000
Min for Second Investment