DSP Black Rock Short Term Fund: Change in Load Structure
By News Desk | Sep 11, 2014
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 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 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.