Tuesday, September 26, 2006 19:29 Hrs IST
DSP Merrill Lynch Fund launches DSP Merrill Lynch Small and Midcap Fund
NFO period from 29 September 2006 to 16 October 2006
DSP Merrill lynch Fund has launched DSP Merrill Lynch Small and Midcap Fund. It’s an open-ended equity growth scheme, which seeks to generate long-term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities, which are not part of top 100 stocks by market capitalization. The fund offers regular and institutional plan (Growth & Dividend).
It will be initially available for subscription from 29 September 2006 to 16 October 2006. Minimum investment under regular plan is Rs. 5000 and is Rs. 5 crore under institutional plan.