|Min SIP Amount||Not Supported|
|NAV||₹1000.32 (30 Nov 2020)|
|Fund Started||10 Jan 2019|
|Fund Size||₹1,992 Cr|
DSP Overnight Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 10 Jan 2019. Kedar Karnik is the Current Fund Manager of DSP Overnight Fund Direct Dividend Weekly fund.The fund currently has an Asset Under Management(AUM) of ₹1,992 Cr and the Latest NAV as of 30 Nov 2020 is ₹1000.32.
The DSP Overnight Fund Direct Dividend Weekly is rated Low risk.
The scheme seeks to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.