Sensex 22,876.54 (+118.17)
Nifty 6,840.80 (+25.45)
Compare Performance Equity Sectoral Tax Planning Balanced Gilt Bond Liquid Index Pension
 Home|Contact Us
 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
 Stock Watch
 Top Holdings
 NFO Analysis
 -What's In What's Out
 Fund Managers
 -From the Desk
 Special Feature
 Malegam Committee
 SEBI Investor Education  Programme
News 1x1pix.gif (807 bytes)
1x1pix.gif (807 bytes)

Wednesday, July 02, 2008 10:19 Hrs IST

DSP ML MF extends NFO period under FMP-3M-Series 11

NFO will close on 7 July 2008

DSP Merrill Lynch mutual fund has extended the closing date of new fund-offering (NFO) period of DSP Merrill Lynch Fixed Maturity Plan-3 Months-Series 11 to 7 July 2008 instead of 2 July 2008. The issue was opened for subscription on 27 June 2008.

DSP Merrill Lynch Fixed Maturity Plan- 3 Months- Series 11 is a close-ended income schemes with maturity profile of 3 months. The NFO price for the fund is Rs 10 per unit. The minimum investment amount is Rs. 5,000 and in multiple of Re 1 thereafter.

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 scheme has two options of growth and dividend reinvest.

DSP Merrill Lynch FMP- 3 Months -Series 11 will no entry load charged for the scheme due to its close-ended structure. The fund charges an exit load of 0.50%, if the investment is redeemed before the maturity date.

Previous Stories
Other Stories
  Sundaram Fixed Term Plan GE (366 Days) Floats On (23-Apr)
  SBI Dual Advantage Fund Series II Floats On (23-Apr)
  SBI Debt Fund Series A 21 Floats On (23-Apr)
  Reliance Horizon Fund XXVI Series 18 Floats On (23-Apr)
  Reliance Horizon Fund XXVI Series 17 Floats On (23-Apr)
  PineBridge Quarterly Interval Fund Series II Announces Dividend (23-Apr)
  Reliance Dual Advantage Fixed Tenure Fund I Plan J Announces Dividend (23-Apr)
  Reliance Yearly Interval Fund Series 7 Announces Dividend (23-Apr)
  Religare Invesco MF Announces Change In Key Personnel (23-Apr)
  ICICI Prudential MF Announces Dividend Under Its Schemes (23-Apr)