DSP BLACKROCK PRESENTS " MY TARGET VALUE SAVINGS ACCOUNT. DREAM. PLAN. ACT. "

Most of us like to dream big. We want a secure financial future. Setting goals for a secure future is important, and working towards achieving those goals demands patience. It calls for systematic planning and course corrections along the way, but most importantly it calls for discipline and focus. 

One needs to spend time and effort in planning to achieve these goals. While we keep wishing for the right plan, some way to guide us through to our goals, we never really end up taking the first step. What if there was a simple way to plan, something that you could always be in complete control of?

DSP BlackRock Mutual Fund introduces a unique facility for investors to help them plan for their financial future, keeping their goal in sight  Presenting:

MY TARGET VALUE SAVINGS ACCOUNT

What is ‘My Target Value Savings Account’?

‘My Target Value Savings Account’ is a unique facility being offered by DSP BlackRock Mutual Fund. An investor can specify a target value of his/her choice,depending upon the savings requirement. On reaching this target value, the entire amount in this account will get switched into any of the schemes of DSP BlackRock Mutual Fund, as specified by the investor.

The ‘Target Value Savings Account’ works as follows:

•  You can choose from any of the existing schemes of DSP BlackRock Mutual Fund to invest your savings on a periodic basis, by way of Systematic Investment Plans (SIPs) or a lump sum investment, or even a combination of the two.
•  You will need to specify a ‘Target Value’ of savings for your account.
•  Upon your account reaching a value of 90% of the specified ‘Target Value’, an SMS/email alert will be sent to you at your registered mobile number/email ID.
•  Upon your account value reaching the defined ‘Target Value’, the Units of value equivalent to the set ‘Target Value’ will be switched into any of the schemes of DSP BlackRock Mutual Fund as specified by you, or into DSP BlackRock Money Manager Fund– Regular Plan – Growth, in case no scheme has been specified, by default.

Flexibility

The big advantage of investing your savings into a unique ‘My Target Value Savings Account’ is that it provides all the flexibility that a normal account/ folio does, apart from enabling you to monitor your goal. For instance, you can:

•  Invest in any of the existing schemes of DSP BlackRock Mutual Fund that suit your risk profile and investment horizon.
•  Invest through any manner you prefer - SIP/Lump sum/ or both.
•  Convert any of your existing folios to a ‘Target Value Savings Account’, if you so wish.
•  Alter your ‘Target Value’ of savings whenever you want to.
•  Make additional purchases, redemptions or switches at any time.
•  You can also start an STP or SWP within this account at any time.

Personalized Savings Account:

•  Get your personalized account statement which gives you updated information on your investment details.
•  Get updates on where you stand with regard to your desired investment goal (through emails/SMS)- On every anniversary of your opening the account, as well as on reaching 90% of your specified ‘Target Value’ of savings.