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.

Snapshot:

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