DSP MF introduces Value Fund

DSP Mutual Fund (MF) has launched the DSP Value Fund, an open-ended equity scheme following a value investment strategy. The NFO opens for subscription on November 20, 2020 and closes on December 04, 2020. No Entry load will be applicable for the scheme. The Exit load will be 1%, if the holding period from the date of allotment is less than or equal to 12 months and nil, if the holding period from the date of allotment is greater than 12 months. No exit load shall be levied in case of switch of investment from Regular Plan to Direct Plan and vice versa. The minimum subscription amount is Rs 500 and any amount thereafter.

The scheme’s performance will be benchmarked against the performance to Nifty 500 Value 50 TRI and its fund managers are M. Suryanarayanan and Jay Kothari.

The primary investment objective of the scheme is to seek to generate consistent returns by investing in equity and equity related or fixed income securities which are currently undervalued.