DSP Mutual Fund files offer document for Multi Asset Omni Fund of Funds
DSP Mutual Fund has filed offer document with SEBI to launch an open ended fund of fund scheme named 'DSP Multi Asset Omni Fund of Funds'. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load will be nil. Exit load will be 1% if redeemed within 1 Month. The Scheme offers growth and IDCW option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance will be benchmarked against 55% Nifty 500 TRI + 15% Domestic Price of Physical Gold (LBMA) + 5% Domestic Price of Physical Silver (LBMA) + 25% NIFTY Composite Debt Index. The minimum application amount is Rs 100 and any amount thereafter.
The investment objective of the scheme is to generate capital appreciation and income through diversified exposure across multiple asset classes -equity, debt, and commodities.
