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News 1x1pix.gif (807 bytes)
1x1pix.gif (807 bytes)

Tuesday, April 24, 2007 16:43 Hrs IST

DSPML MF launches new scheme

NFO period from 23 April-3 May 2007

DSPML Mutual Fund makes one more addition in its fund's list with the launch of a new fund called DSPML Strategic Bond Fund. It is an open-ended income fund.

The objective of this fund is to generate optimal returns while maintaining high liquidity by actively managing the portfolio comprising of debt and money market securities.

The fund's investment would primarily focus on debt and money market securities having a short-term horizon. It would put up its entire assets in money market and debt instruments with residual maturity of 367 days.

Snapshot

Face Value Rs.1000
Offers opened 23-Apr-07
Offers closes 03-May-07
Plans Regular and Institutional
Options Dividend (payout and reinvestment) and Growth
Minimum Investment
Regular Rs 5000
Institutional Rs 5 crore
Benchmark Index Crisil Composite Bond Fund Index
Fund Manager Mr. Dhawal Dalal
Load Structure Would not charge any entry or exit load

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