DSP BlackRock Mutual Fund has revised the exit load of following schemes:
Scheme Name | Existing Exit Load | Revised Exit Load |
DSPBR Short Term Fund | 0.5% if redeemed within 6 months | 1% if redeemed within 12 months |
DSPBR Income Opportunities Fund | 1% if redeemed within 12 months | 2% if redeemed within 12 months 1% if redeemed between 12 months-24 months 0.5% if redeemed 24months-36 months |
DSPBR Small & Mid Cap Fund | 1% if redeemed within 12 months | 1% if redeemed within 18 months |
DSPBR Focus 25 Fund DSPBR India T.I.G.E.R. Fund DSPBR World Gold Fund DSPBR World Energy Fund DSPBR World Mining Fund DSPBR World Agriculture Fund DSPBR US Flexible Equity Fund DSPBR Global Allocation Fund | 1% if redeemed within 12 months | 1% if redeemed within 24 months |
The change will be effective from October 01, 2014.
The fund house also announced dividend under the dividend option of DSPBR FMP Series 115-12M Reg-D, DSPBR FMP Series 115-12M Direct-D, DSPBR FMP Series 115-12M Reg-DQ and DSPBR FMP Series 115-12M Direct-DQ.
The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as September 15, 2014.