23-Apr-2014 
Sensex 22,876.54 (+118.17)
Nifty 6,840.80 (+25.45)
Compare Performance Equity Sectoral Tax Planning Balanced Gilt Bond Liquid Index Pension
 Home|Contact Us
Login       
Password
 Remember my Userid
New User - Register?
Forgot Password?
Latest NAVs
 Funds Reckoner
 Scheme Profile
 Scheme Comparison
 Fund Screener
 Return Calculator
Get Holdings
 Mobilisation Trends
 Trends in Transactions
 News
 Stock Watch
 Offerings
 Dividends
 Top Holdings
 Rankings
 NFO Analysis
 Portfolio
 -Analysis
 -What's In What's Out
 Fund Managers
 -Interviews
 -Survey
 -Performance
 -From the Desk
 Special Feature
 Malegam Committee
 Report
 FAQs
 Glossary
 SEBI Investor Education  Programme
 Tutorials
News 1x1pix.gif (807 bytes)
1x1pix.gif (807 bytes)

Tuesday, January 23, 2007 14:24 Hrs IST

DSP-ML Tax Saver Fund gains Rs 10.374 per unit

Reopened for fresh investments and sales on 22 January 2007

DSP-ML Tax Saver Fund has debuted at Rs 10.374 per unit as against a face value of Rs 10 per unit. The scheme, whose initial public offering closed on 26 December 2006, re-opened for fresh investments and sales on 22 January 2007.

DSP-ML Tax Saver Fund is an open-ended ELSS scheme. The primary investment objective of the scheme is to generate medium to long-term capital appreciation from a diversified portfolio that is substantially constituted of equity and equity related securities of corporate, and to enable investors to avail of a deduction from total income, as permitted under the Income Tax Act, 1961 from time to time.

The scheme was launched on 27 November 2006. Benchmarked against S&P CNX 500 the fund would invest 80-100% in equities & equity related securities, 0-20% of 1 above, investments in ADRs, GDRs and foreign securities and 0-20% in debt, securitised debt and money market securities.

Previous Stories
More
Other Stories
  Sundaram Fixed Term Plan GE (366 Days) Floats On (23-Apr)
  SBI Dual Advantage Fund Series II Floats On (23-Apr)
  SBI Debt Fund Series A 21 Floats On (23-Apr)
  Reliance Horizon Fund XXVI Series 18 Floats On (23-Apr)
  Reliance Horizon Fund XXVI Series 17 Floats On (23-Apr)
  PineBridge Quarterly Interval Fund Series II Announces Dividend (23-Apr)
  Reliance Dual Advantage Fixed Tenure Fund I Plan J Announces Dividend (23-Apr)
  Reliance Yearly Interval Fund Series 7 Announces Dividend (23-Apr)
  Religare Invesco MF Announces Change In Key Personnel (23-Apr)
  ICICI Prudential MF Announces Dividend Under Its Schemes (23-Apr)
Next

Top