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Change in Fund Managers for schemes of DSP BlackRock Mutual Fund


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DSP BlackRock Mutual Fund has decided to change the fund managers of following schemes with effect from July 16, 2015:

Scheme NameExisting Fund ManagerNew Fund Manager
DSPBR Short TermDhawal DalalMarzban Irani
DSPBR EquityApoorva ShahHarish Zaveri and Vinit Sambre
DSPBR Tax SaverApoorva ShahRohit Singhania
DSPBR MIP FundVinit Sambre and Dhawal DalalHarish Zaveri and Dhawal Dalal
DSPBR [email protected] Fund - Series 1Apoorva Shah and Dhawal DalalHarish Zaveri and Dhawal Dalal
DSPBR Technology.comVinit SambreM. Suryanarayanan
DSPBR Dynamic Asset AllocationApoorva Shah and Dhawal DalalHarish Zaveri and Dhawal Dalal
DSPBR Top 100 EquityApoorva ShahHarish Zaveri
DSPBR Small and Mid CapApoorva Shah and Vinit SambreVinit Sambre

The fund house has also has decided to change the exit load of following schemes with effect from August 01, 2015:

Scheme NameExisting Exit LoadNew Exit Load
DSPBR Focus 251% if redeemed with in 24 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR India T.I.G.E.R. Fund1% if redeemed with in 24 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR Micro Cap1% if redeemed with in 24 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR World Gold Fund1% if redeemed with in 24 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR World Energy Fund1% if redeemed with in 24 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR World Mining Fund1% if redeemed with in 24 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR World Agriculture Fund1% if redeemed with in 24 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR US Flexible Equity1% if redeemed with in 24 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR Global Allocation Fund1% if redeemed with in 24 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR Small & Mid Cap Fund1% if redeemed with in 18 months from the date of allotment1% if redeemed less than 12 months from the date of allotment
DSPBR MIP Fund2% if redeemed with in 12 months
1% if redeemed after 12 months but before 24 months
0.50% if redeemed after 24 months but before 36 months.
1% if redeemed less than 12 months from the date of allotment
DSPBR Dynamic Asset Allocation Fund1% if redeemed with in 1 year and 0.50% if redeemed after 1 year but before 2 years.1% if redeemed less than 12 months from the date of allotment

The fund house has also decided to charge no exit load for switch of units from regular/institutional to direct plan and vice versa with in the same scheme of the fund with effect from August 01, 2015.

 
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