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Wednesday, June 03, 2009

DSP BlackRock Strategic Bond Fund announces various changes

With effect from 05 June 2009

DSP BlackRock Mutual Fund has announced changes in the exit load and options available under DSP BlackRock Strategic Bond Fund – Institutional Plan, with effect from 05 June 2009.

DSP BlackRock Strategic Bond Fund has revised its exit load to nil from 0.10% if redeemed within 7 calendar days and nil for redemption after 7 calendar days.

The scheme will hereafter offer Weekly Dividend Payout, weekly dividend reinvest, Monthly dividend, dividend and daily dividend reinvest options.

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