DSP Mutual Fund files offer document for DSP Value Fund

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DSP Mutual Fund has filed an offer document with SEBI to launch an open-ended equity scheme named ‘DSP Value Fund’. The New Fund Offer price is Rs 10 per unit. Entry load will be nil and Exit load for holding period from the date of allotment: less than or equal to 12 months will be 1%, and for holding period greater than 12 months will be nil. The scheme offers growth and dividend options and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against Nifty 500 Value 50 TRI. The minimum application amount for the initial purchase is Rs 500 and any amount thereafter.

The performance of the scheme will be benchmarked against Nifty 500 Value 50 TRI. The minimum application amount for the initial purchase is Rs 500 and any amount thereafter.