DSP BlackRock Mutual Fund has approved the change in exit load of DSP BlackRock Banking & PSU Debt Fund ('DSPBRBPDF'), DSP BlackRock Strategic Bond Fund ('DSPBRSBF'), DSP BlackRock Government Securities Fund ('DSPBRGF') AND DSP BlackRock Constant Maturity 10Y G-sec Fund ('DSPBRCM10YGF'), with effect from December 15, 2015, as under:
Scheme Name | Existing Provision | Modified Provision |
DSPBRBPDF | Holding period from the date of allotment:- Less than or equal to 1 month: 0.25% -Greater than 1 month: NIL | NIL |
DSPBRSBF, DSPBRGF and DSPBRCM10YGF | Holding period from the date of allotment:- Less than or equal to 7 calendar days: 0.1% - Greater than 7 calendar days: NIL | NIL |