MUTUAL FUNDS
DSP Mutual Fund introduces BFSI Next Index Fund
Oct-22-2018

DSP Mutual Fund has launched the ‘DSP BFSI Next Index Fund’, an open ended scheme. The NFO opens for subscription on October 22, 2018 and closes on November 05, 2018.  Entry load will be nil and exit load will be 1% if Holding period from the date of allotment is less than 12 months and exit load will be nil if Holding period from the date of allotment is more than or equal to 12 months . The minimum subscription amount is Rs 500 and any amount thereafter.

The scheme’s performance for will be benchmarked against S&P BSE Diversified Financials Revenue Growth Index and its fund manager is Gauri Sekaria.

The investment objective of the scheme is to invest in companies which are constituents of S&P BSE Diversified Financials Revenue Growth Index (underlying Index) in the same proportion as in the index and endeavor to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index.

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