Thursday, October 25, 2007 15:43 Hrs IST
DSP ML MF launches Cash Plus Fund
NFO period from 25 October -25 October 2007
Name of Fund: DSP ML Cash Plus Fund
Scheme: Open-ended income scheme
Investment Plans: The scheme offers retail and institutional plans. Plans available are growth option and dividend option with payout facility.
Asset Allocation: The fund will invest around 0-100% in money market securities and 0-100% in debt securities. Debt Instruments may include securitised debts up to 75% of the net assets.
Fund Opens: 25 October 2007
Fund Closes: 25 October 2007
Face Value: Rs.1,000 per unit
Investment Options: Growth, weekly dividend reinvestment option. The scheme offers daily dividend reinvest option under only in institutional plan.
Entry Load: Nil
Exit Load: Nil
Minimum Investment Amount: Under retail plan, the minimum investment amount is Rs. 25000 and in multiple of Re 1 thereafter. For institutional plan, the minimum investment will be Rs 5 crore and in multiple of Re 1 thereafter.
Benchmark Index: CRISIL Liquid Fund Index
Fund Manager: Mr. Dhawal Dalal