GetPaidIndia.com

Exit loads for DSP ML Mutual Fund Schemes

October 8th, 2007

The step may be to curb short term investors in equity funds or those who look to trade on units of mutual funds but DSP ML Mutual Fund has announced exit loads on some of its top equity funds.

Starting from October 8, 2007, DSP ML will be charging an exit load of 1% for investments less than 6 months and 0.50% for investments grater than 6 months but less than 1 year from the date of allotment. The funds for which the exit loads will be applicable include DSPML Technology.Com, DSPML Opportunities, DSPML Top 100 Equity, DSPML India T.I.G.E.R, DSPML Small and Mid Cap Fund and DSPML Equity Fund (regular plan).

Entry Filed under: Mutual Funds, DSP Black Rock Mutual Fund