DSP Mutual Fund launches DSP Banking & Financial Services Fund
Nov 21, 2023 by News Team
NFO period: 20th November – 04th December, 2023
Highlights of the NFO:
Scheme type – An open ended equity scheme investing in banking and financial services sector
Investment objective – The primary investment objective of the scheme is to seek to generate returns through investment in domestic and overseas equity and equity related securities of companies engaged in banking and financial services sector. There is no assurance that the investment objective of the scheme will be achieved.
Product suitability – The product is suitable for investors who are seeking long term capital growth by investing in equity and equity related securities of banking and financial services companies.
Minimum Application Amount – Rs. 100/– and any amount thereafter
Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option. Payout of Income Distribution cum Capital Withdrawal (‘IDCW’) and Reinvestment of Income Distribution cum Capital Withdrawal (‘IDCW’).
Fund Managers – Mr. Dhaval Gada (Equity portion) and Mr. Jay Kothari (Dedicated Fund Manager for overseas investments)