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News 1x1pix.gif (807 bytes)
1x1pix.gif (807 bytes)

Friday, July 04, 2008 14:55 Hrs IST

DSP ML MF garners Rs.180 crore through its FMP-12M-Series 1

Major exposure to fixed income securities

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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