What is the DSP Global Equity Fund (GIFT City)?

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• What are the charges associated with DSP Global Equity Fund (GIFT city)?

  DSP Global Equity Fund has an expense ratio of 1% for its direct plan. Belong offers only direct plans which don't have commissions. Other than this, there's an exit load of 1% if the funds are redeemed within 2 years.

• Will the DSP Global Equity Fund (GIFT city) issue tax certificates to the investors?

  Yes, DSP Global Equity Fund will issue tax certificates to the investors at the end of each Financial Year once the Financial Statements are approved by the Board of Directors (generally around mid July).

• Who can invest in DSP Global Equity Fund (GIFT city)?

  Resident Indians, Non-Resident Indians*, OCI* (Overseas Citizens of India) as well as foreign investors* can invest in this fund. *Investors from US & Canada are not eligible to invest in this fund.

• How will my capital gains be taxed with DSP Global Equity Fund (GIFT city)?

  Capital gains tax is payable at the fund’s level when they buy and sell foreign stocks. After that, no further tax payable at investor level, for resident or non-resident investors. Capital Gains Tax (paid by fund) Short-Term Capital Gains Tax ...

• Is there any lock-in period for DSP Global Equity Fund (GIFT city)?

  No, there is no lock-in. You can redeem your investments whenever you want. Please note that there's an exit load of 1% if redeemed within 2 years.