This entry is part 10 of 11 in the series Mutual Fund NFO

DSP BlackRock Mutual Fund launched new fund offer DSP BR 3 yrs Closed Ended Equity Fund, 3 Yrs closed ended scheme. The NFO Opens for subscription on 7 Nov. 2014 & closes on 21 Nov. 2014.  No entry load will be applicable for the scheme.

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Scheme Details

Key Scheme Feature 
Scheme NameDSP BR 3 Yrs Close Ended Equity Fund
Fund HouseDSP BlackRock Mutual Fund
Type3 Yrs Closed Ended
CategoryMulti Cap
BenchmarkS&P 500 Index
Option Growth / Dividend
Fund ManagerVinit Sambre and Laukik Bagwe
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Scheme NameDSP BR 3 Yrs Closed Ended Equity Fund
NFO Open7 Nov 2014
NFO Close21 Nov 2014
Scheme Type3 yrs close ended scheme
PlanRegular
Minimum Application AmountRs 5000
Load StructureFor Purchase during NFO : Entry & Exit - NIL

Cheque Details        : “DSP BR 3 Yrs Closed Ended Equity Fund”

Who can Invest

This product is suitable for investors:

  • Seeking long term capital appreciation
  • With risk appetite of investing in Equities
  • Investors willing to take exposure in equity and equity related securities

Objective

Investment Objective 

  • To generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities , including equity derivatives, in the Indian market .

Methodology (Portfolio Construction ) 

 

 

 

 

 

Tax Implication

Illustrative List of Tax Implications

This summary of tax implication is based on the current provisions of the applicable laws. In view of the individual nature of tax implications, investor are advise to refer the provisions of the Income-Tax Act & consult Investment Advisor or Tax advisor  with respects to the specific tax implications arising out of an investment in the scheme.

  • Income from Fund : Exempt from Tax
  • Dividend from Fund  :  Tax Free
  • Long Term Capital Gain (Unit held for more than 12 months qualify) : Tax Free
  • Short Term Capital Gain (Unit held for less than 12 month qualify) : 15%
  • Security Transaction Tax : Payable  at 0.001% on the value of units sold
  • Tax Deduction at Source (TDS) :  Not applicable for person resident in India; TDS applied on redemption proceeds payable to NRIs.

 

 

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Contact Us for Investment

rajendra@puneinvest.com

Mobile 7719917444

RajendraMutual FundDSP BlackRock Mutual Fund launched new fund offer DSP BR 3 yrs Closed Ended Equity Fund, 3 Yrs closed ended scheme. The NFO Opens for subscription on 7 Nov. 2014 & closes on 21 Nov. 2014.  No entry load will be applicable for the scheme.   Contact Us for Investment rajendra@puneinvest.com Mobile 7719917444Investment you need