|
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 |
|