DSP BlackRock MF increases exit load in two schemes

DSP BlackRock Mutual Fund has increased exit load under Bond Fund and Short Term Fund

MUMBAI: DSP BlackRock Mutual Fund has revised exit load in DSP BlackRock Bond Fund and DSP BlackRock Short Term Fund with effect from March 1, 2011. The fund house will charge 0.50 per cent as exit load if units are redeemed within six months from the date of allotment under both the schemes.

Earlier, DSP BlackRock Bond Fund charged 0.10 per cent as exit load if units were redeemed within 7 days from the date of allotment and DSP BlackRock Short Term did not charge any exit load. Both the schemes are managed Dhawal Dalal.