Where would the units of the DSP fund be held after investment and is there an Indian Demat account required for it?
The units are held at CAMS and via the PAN + DOB, we fetch CKYC number which helps us connect the units to the already existing DEMAT.
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How is taxation handled for the DSP Global Equity Fund?
With the DSP Global Equity Fund, the fund itself takes care of taxes on your behalf. Here’s how it works: ● The fund is structured as a determinate irrevocable trust, and under Indian tax laws, the trustee pays taxes at the fund level and not the ...
How do I invest in the DSP Global Equity fund through Vested?
Here’s how it works: 1. Create or log in to your Vested account. If you’re already using Vested for global investing, simply log in and start investing in the fund right away. If you’re new, you will just need to complete a quick KYC and it’s a ...
Are the fund units held in my name or via an omnibus account?
Global Funds are held in the User's name only.
If the minimum investment for DSP is $5000, is there any minimum amount required when a user invests again in the same fund?
Initial investment: $5,000 (DSP requirement) Additional purchases can be done in multiples of $500 (e.g., $500, $1,000, $1,500, etc.)
Can NRIs or global users invest in the DSP Global Equity Fund?
DSP Global Equity Fund is only available for Indian residents via the digital journey. However, NRI’s can invest but it involves a physical method of investment, which Vested currently does not support.