23-Apr-2014  1:33:00 PM
Sensex 22,860.37 (+102.00)
Nifty 6,840.30 (+24.95)
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, April 16, 2008 17:24 Hrs IST

DSP ML MF files an offer document

Plans to launch DSP ML FMP Series

Name of Fund: DSP ML Fixed Maturity Plan- 3 Months-Series 10, 11, DSP ML Fixed Maturity Plan- 12 Months- Series 1,2 and DSP ML Fixed Maturity Plan -18 Months –Series 3.

Scheme: These schemes are of close-ended income nature. DSP Merrill Lynch FMP – 3M – Series 10, 11, each having a term of 3 months; DSP Merrill Lynch FMP - 12M – Series 1, 2, each having a term of 12 months and DSP Merrill Lynch FMP – 18M – Series 3, having a term of 18 months, from their respective dates of allotment.

Objective: The primary investment objective of the schemes is to seek capital appreciation by investing in a portfolio of debt and money market securities. It is envisaged that the portfolio of each scheme will display a maturity profile that is generally in line with the term of the scheme. The schemes may also use fixed income derivatives for hedging and portfolio balancing.

Investment options: These schemes have two plans i.e. regular and institutional plans. The scheme offers growth option and dividend reinvestment option.

Asset Allocation: The schemes will invest 0-100% of its portfolio in debt instruments. It will invest 0-100% in money market instruments. Debt instruments may include securitised debts up to 100% of the net assets.

Face Value: Rs 10.

Entry Load: There will be no entry load charged as the schemes are of close-ended nature.

Exit Load: DSP ML FMP – 3M – Series 6, 7, 8, and 9 charges an exit load of 0.5% if the investment units are redeemed in before maturity date.

DSP ML FMP–12M – Series 1, 2 and DSP ML FMP – 18M – Series 3, there will be 1.50% an exit load on redemption before the maturity.

Minimum Investment Amount:

DSP ML FMP – 3M – Series 10, 11 - The application must be for a minimum amount of Rs. 25,000 and in multiples of Re. 1 thereafter.

DSP ML FMP – 12M – Series 1, 2 and DSP ML FMP – 18M – Series 3:

Regular Plan – The application must be for a minimum amount of Rs. 25,000 and in multiples of Re. 1 thereafter.

Institutional Plan –The application must be for a minimum amount of Rs. 1 crore and in multiples of Re.1 thereafter.

Targeted amount: The Fund seeks to raise a minimum subscription amount of Rs. 10 crore during the New Fund Offer Period of each of the schemes.

Benchmark index:

DSP ML FMP – 3M – Series 10, 11: CRISIL Liquid Fund Index

DSP ML FMP – 12 M – Series 1, 2 and DSP ML FMP – 18M – Series 3: CRISIL Short Term Bond Fund Index

Fund Manager: Mr. Dhawal Dalal

Previous Stories
More
Other Stories
  SBI Debt Fund Series – 14 Months – 1 Announces Maturity (23-Apr)
  Sundaram Select Micro Cap Series I & II Announces Dividend (23-Apr)
  Birla Sun Life Fixed Term Plan - Series GV & GA Announces Dividend (23-Apr)
  Deutsche MF announces change in the share class of Underlying Fund, DWS Invest Top Euroland Fund of DWS Top Euroland Offshore Fund (23-Apr)
  UTI Fixed Income Interval Fund – Series II – Quarterly Interval Plan IV Announces Dividend (23-Apr)
  Religare Invesco Fixed Maturity Plan – Series 23 – Plan K (775 Days) Extends NFO period (23-Apr)
  BOI AXA Mutual Fund announces changes (23-Apr)
  Baroda Pioneer AMC appoints Mahmood Basha as Head of Sales (23-Apr)
  L&T Emerging Business Fund Floats On (22-Apr)
  ICICI Prudential Fixed Maturity Plan – Series 74 – 1092 Days Plan G Floats On (22-Apr)
Next

Top