Launch date | NA |
Allotment date | 04 Jun 2024 |
End date | NA |
NAV | ₹10.00 |
Inclusive of GST
Nil
0.005% (from July 1st, 2020)
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Min. for 1st investment | ₹100 |
Min. for 2nd investment onwards | ₹100 |
Min. for SIP | ₹100 |
Rank (total assets) | #10 in India |
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Total AUM | ₹1,67,044.23Cr |
Date of Incorporation | 16 Dec 1996 |
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DSP Nifty Bank Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 16 Dec 1996. Anil Ghelani is the Current Fund Manager of DSP Nifty Bank Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,67,044 Cr and the Latest NAV as of 06 Sep 2024 is ₹10.34. The DSP Nifty Bank Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;
The Scheme seeks to generate returns that are commensurate with the performance of the Nifty Bank Index, subject to tracking error. ;
Fund benchmark | NIFTY Bank Total Return Index |
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