DSP Savings Fund Dividend Daily is a Debt Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 01 Aug 2013. Kedar Karnik, Rahul Vekaria is the Current Fund Manager of DSP Savings Fund Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹1,290 Cr and the Latest NAV as of 16 Oct 2019 is ₹10.06.
The DSP Savings Fund Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 200000. Nil.
Investment Objective
The primary objective of the Scheme is to generate income through investment in a portfolio comprising of Treasury Bills and other Central Government Securities with a residual maturity less than or equal to 1 year.
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)
₹200000
Min for First Investment
₹1000
Min for Second Investment