DSP Savings Fund Growth is a Debt Mutual Fund Scheme launched by DSP BlackRock Mutual Fund. This scheme was introduced to investors on 30 Sep 1999. Kedar Karnik, Rahul Vekaria is the Current Fund Manager of DSP Savings Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹1,610 Cr and the Latest NAV as of 13 Sep 2019 is ₹38.04.
The DSP Savings Fund Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. 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)
₹500
Min for First Investment
₹500
Min for Second Investment