DSP Mutual Fund has changed the fundamental attributes of DSP World Energy Fund, effective from September 21, 2024. The scheme will be renamed as DSP Global Clean Energy Fund of Fund.
The fund is currently investing in the units of BGF-Sustainable Energy Fund and BGF-World Energy Fund. Now, along with BGF-SEF, it will focus on such overseas Funds/ ETFs which invest in the alternative energy sector companies such as First Trust Nasdaq Clean Edge Smart Grid Infrastructure UCITS ETF and iShares Global Clean Energy UCITS ETF.
Exit window
Unit holders who do not agree with these changes can exit or switch their existing investments without paying any exit load, from August 22 to September 20, 2024.