DSP Equity Direct Plan Dividend is a Equity Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Atul Bhole is the Current Fund Manager of DSP Equity Direct Plan Dividend.The fund currently has an Asset Under Management(AUM) of ₹2,888 Cr and the Latest NAV as of 09 Dec 2019 is ₹63.98.
The DSP Equity Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Exit load of 1% if redeemed less than 12 months.
Aims to provide long term capital appreciation from a portfolio substantially constituted of equity and equity related securities.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed less than 12 months