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
 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
 Stock Watch
 Top Holdings
 NFO Analysis
 -What's In What's Out
 Fund Managers
 -From the Desk
 Special Feature
 Malegam Committee
 SEBI Investor Education  Programme
News 1x1pix.gif (807 bytes)
1x1pix.gif (807 bytes)

Wednesday, July 25, 2007 15:27 Hrs IST

DSP Merrill Lynch MF launches new fund

NFO period from 25 July-23 August 2007

Name of Fund: DSP Merrill Lynch World Gold Fund

Scheme: Open-end, Fund of Funds Scheme

Objective: The fund would predominantly invest in units of Merrill Lynch International Investment Funds- World Global Fund (MLIIF- WGF). In addition to this, a significant part of its corpus would be invested in units of other similar overseas mutual fund schemes. This is the first fund to invest in gold mining companies through an international fund.

Asset Allocation: The fund would invest 90 to 100% in units of MLIIF-WGF or other similar overseas mutual fund schemes and 0 to 10% in money market securities or in units of money market schemes of DSP Merrill Lynch Mutual Fund.

Fund Opens: 25 July 2007

Fund Closes: 23 August 2007

Face Value: Rs 10

Investment Options: Growth, Dividend Payout and Dividend Reinvestment

Entry Load: The fund would charge an entry load of 2.25% for investments less than Rs 5 crore.

Exit Load: An exit load of 0.50% would be charged if redeemed within 6 months of allotment

Minimum Investment Amount: Rs 5, 000

Benchmark Index: FTSE Gold Mines

Fund Manager: Aniruddha Naha and Dhawal Dalal

Previous Stories
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)