DSP Tax Saver 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. Rohit Singhania is the Current Fund Manager of DSP Tax Saver Direct Plan Dividend.The fund currently has an Asset Under Management(AUM) of ₹5,841 Cr and the Latest NAV as of 18 Oct 2019 is ₹37.67.
The DSP Tax Saver Direct Plan Dividend is rated Moderately 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 to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporates, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment