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DSP BlackRock MF Starts Charging Distributor/Agents Fee

DSP BlackRock Mutual Fund will start deducting the distributors / agents fee (Transaction Charges) of Rs.150 and Rs.100 from first time Mutual Fund investor and exiting investors, respectively, with effect from November 1, 2011.

However, there will be no transaction charges if the investment amount is less than Rs.10,000, purchase made without any distributor or agent, transaction carried out on Stock Exchange Platforms.