DSP BlackRock Mutual Fund has launched the New Fund Offer (NFO) of DSP BlackRock FMP-Series 168-12M, a close ended income scheme. The NFO opens for subscription on May 20, 2014 and closes on May 27, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.
The scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund manager is Dhawal Dalal.
The investment objective of the scheme is to generate returns and capital appreciation by investing in a portfolio of Debt and Money Market Securities. The Scheme will invest only in such securities which mature on or before the date of maturity of the Scheme.
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Tuesday, 20 May 2014
DSP BlackRock MF introduces FMP-Series 168-12M
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