Monday, June 30, 2008 10:35 Hrs IST

DSP Merrill Lynch MF launches FMP 3 Months Series 11

NFO period from 27 June- 2 July 2008

Name of Fund: DSP Merrill Lynch Fixed Maturity Plan 3 Months Series 11

Scheme: It is a close-ended income schemes with maturity profile of 3 months.

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.

Asset Allocation: The scheme will invest up to 100% in debt instruments and up to 100% in money market. It may invest up to a maximum of 100% of the scheme's net assets in fixed income derivatives. Debt instruments may include securitized debts up to 100% of the net assets. Debt instruments may include fixed income derivatives up to 100% of each scheme’s net assets.

Fund Opens: 27 June 2008

Fund Closes: 2 July 2008

Face Value: Rs 10.

Investment Options: The scheme has two options of growth and dividend reinvest.

Entry Load: There will no entry load charged for the scheme due to its close-ended structure.

Exit Load: DSP Merrill Lynch FMP 3 Months Series 11 charges an exit load of 0.50%, if the investment is redeemed before the maturity date.

Minimum Investment Amount: The minimum investment amount will be Rs. 10,000 and in multiples of Re. 1 thereafter.

Benchmark index: CRISIL Liquid Fund Index

Fund Manager: Mr. Dhawal Dalal