DSP Equal Nifty 50 Fund Direct Growth is a Others Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 20 Oct 2017. Gauri Sekaria is the Current Fund Manager of DSP Equal Nifty 50 Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹111 Cr and the Latest NAV as of 20 Nov 2019 is ₹9.98.
The DSP Equal Nifty 50 Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
To invest in companies which are constituents of NIFTY 50 Equal Weight Index (underlying Index) in the same proportion as in the index and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index.
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