DSP Global Allocation Fund Direct Growth is a Others Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 21 Aug 2014. Kedar Karnik, Laukik Bagwe, Jay Kothari is the Current Fund Manager of DSP Global Allocation Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹27 Cr and the Latest NAV as of 04 Dec 2019 is ₹13.48.
The DSP Global Allocation Fund Direct Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
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.
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)
₹500
Min for First Investment
₹500
Min for Second Investment