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)

Wednesday, September 12, 2007 09:41 Hrs IST

Extension of NFO of DSP Merrill Lynch FTP-Series 1 P

Now NFO will close on 17 September 2007

DSP Merrill Lynch Mutual Fund has extended the offer period for DSP Merrill Lynch Fixed Term Plan-Series 1 P. Now the offer would close on 17 September 2007 instead of 12 September 2007.

DSP Merrill Lynch Fixed Term Plan-Series 1 P close-ended income scheme with maturity period of 3 months. The minimum investment amount under retail scheme is Rs 25, 000. The minimum investment amount under institutional scheme is Rs 1 crore.

The primary investment objective of the scheme is to seek capital appreciation by investing in a portfolio of debt and money market securities. It is envisaged that the portfolio of scheme will display a maturity profile that is generally in line with the term of the scheme. The schemes may also use derivatives for hedging and portfolio balancing. The schemes may also invest a certain portion of their corpus in money market securities, in order to meet liquidity requirements from time to time.

Being a close end scheme it will not charge any entry load during the initial offer. But the scheme charges an exit load of 0.75% on redemption before the maturity date under both regular and institutional plan. There will not be any exit load for the redemption made on maturity date.

The scheme will invest 0%-100% in debt instruments, which may include securitised debt up to 100% of the net assets. The scheme may also invest 0%-100% in money market instruments.

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