NAVindia

DSP Merrill Lynch Mutual Fund has collected Rs 180 crores via DSP Merrill Lynch Fixed Maturity Plan 12 Months Series 1 during its new fund offer period i.e. from 23 June to 30 June 2008.

It is a close-ended income schemes with maturity profile of 12 months. The primary investment objective of the schemes is to seek capital appreciation by investing in a portfolio of debt and money market securities.

The scheme has two plans i.e. regular and institutional plan. Both plans will provide growth and dividend reinvest option.

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NFO: DSP Merrill Lynch FMP 3 Months Series 11 (Mutual Funds - NFO Analysis 4-Jul)
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DSP ML MF mops up Rs 200 crore (Mutual Funds - Reports 12-Jun)
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