|Min SIP Amount||₹500|
|NAV||₹14.68 (07 Jul 2020)|
|Fund Started||21 Aug 2014|
|Fund Size||₹34 Cr|
|BlackRock Global Allocation Fund||Financial||Forgn.MF- Equity||88.5%|
DSP Global Allocation Fund Direct Dividend is a Others Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was made available to investors on 21 Aug 2014. Kedar Karnik, Laukik Bagwe, Jay Kothari is the Current Fund Manager of DSP Global Allocation Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹34 Cr and the Latest NAV as of 07 Jul 2020 is ₹14.68.
The DSP Global Allocation Fund Direct Dividend is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds - Global Allocation Fund (BGF - GAF). The Scheme may also invest in the units of other similar overseas mutual fund schemes which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized. It shall be noted â??similar overseas mutual fund schemesâ?? shall have investment objective, investment strategy and risk profile/consideration similar to those of BGF - GAF.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.