Tuesday, April 22, 2008 10:27 Hrs IST
DSP Merrill Lynch MF declares NFO period
The NFO period is 22-29 April 2008
DSP Merrill Lynch Mutual Fund has announced that the New Fund Offer (NFO) period of DSP Merrill Lynch FMP 3M Series 8, a closed ended income scheme, with a maturity profile of three months from the date of allotment will be from the commencement of banking hours on 22 April 2008 to close of the banking hours on 29 April 2008.
The investment objective of the scheme is to seek capital appreciation by investing in portfolio of debt and money market securities. It is envisaged that the portfolio will display a maturity profile that is generally in line with the term of the scheme.