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

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

  DSP Global Equity Fund is a USD-denominated, open-ended global equity fund set up in GIFT City. It invests directly in international stocks across countries and sectors. You can refer to the attached brochure:

• Is TCS applicable when I invest in DSP Global Equity Fund (GIFT city)?

  Only resident Indian individuals pay 20% TCS on LRS remittances above INR 10 lakh in a financial year. Banks collect and issue Form 27D. The TCS can be claimed back as refund during ITR filing or adjusted against any other outstanding tax liability.

• 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).

• What is the Edelweiss Greater China Equity Fund (GIFT city)?

  Edelweiss Greater China Equity Fund is a USD denominated retail feeder fund investing in JP Morgan Funds - Greater China Fund. You can refer to the attached brochure for more details: