DSP Mutual Fund files offer document for Multi Asset Passive Fund of Fund
DSP Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘DSP Multi Asset Passive Fund of Fund'. The New Fund Offer price for units would be Rs 10 each during the NFO. No entry and exit load will be charged under the scheme. The Scheme offered growth as well as Income Distribution cum Capital Withdrawal option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance will be benchmarked against 45% Nifty 50 TRI + 40% Domestic Prices of Physical Gold + 5% Domestic Prices of Physical Silver + 10% CRISIL Short Duration Debt A-II Index. The minimum application amount during NFO will be Rs 100 and any amount thereafter.
The investment objective of the scheme is to provide diversified exposure across multiple asset classes - equity, debt, and commodities through a passive investment approach.
