DSP MF introduces Business Cycle Fund
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DSP Mutual Fund has launched DSP Business Cycle Fund, an open-ended equity scheme following business cycles-based investing theme. The NFO opens for subscription on November 27, 2024 and closes on December 11, 2024. No Entry Load shall be charged for the scheme. The Exit load will be 0.5%- If the units redeemed or switched out on or before 1 month from the date of allotment and Nil - If units are redeemed or switched out after 1 month from the date of allotment. The minimum subscription amount is Rs 100 and any amount thereafter.
The performance of the scheme will be benchmarked at Nifty 500 TRI and its fund manager is Charanjit Singh.
The investment objective of the scheme is to provide long-term capital appreciation by investing in equity and equity related securities with a focus on riding business cycles through dynamic allocation across various sectors / themes / stocks at different stages of business cycle.
