DSP Blackrock Mutual Fund revises exit load of DSP BlackRock Equity Savings Fund
May 08 2017
News Category: Exit Load Change
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DSP Blackrock Mutual Fund has revised the exit load of DSP BlackRock Equity Savings Fund. Accordingly, if the units redeemed or switched out are up to 10% of the units (the limit) purchased or switched-in within 12 months from the date of allotment, exit load shall be nil. If units redeemed or switched out are in excess of the limit within 12 months from the date of allotment, exit load of 1% will be charged at the time of redemption or switch over. However, no exit load will be charged, in case of redemption or switch out on or after 12 months from the date of allotment. Notwithstanding the above, no exit load will be charged in case of switches and Systematic Transfer Plan made to all open-ended equity schemes of DSP BlackRock Mutual Fund. The aforesaid change in the exit load structure will be applicable on a prospective basis for all investments made in the scheme on or after May 10, 2017.

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