Sensex 22,628.84 (+351.61)
Nifty 6,779.40 (+104.10)
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)

Tuesday, March 23, 2010 17:35 Hrs IST

DSP BlackRock FMP 3M & 12M files offer document with Sebi

A close ended income scheme

DSP BlackRock Mutual Fund has filed an offer document with Securities and Exchange Board of India (SEBI) to launch DSP BlackRock FMP 3M Series 17, 18, 19 and DSP BlackRock FMP 12M Series 5, 6 & 7 close ended income scheme. The new fund offer (NFO) price for the scheme will be Rs 10 per unit.

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 scheme will invest only in such securities which mature on or before the date of maturity of the Schemes.

The duration of DSP BlackRock FMP 3M Series 17, 18, 19 is 3 months and 12 months for DSP BlackRock FMP 12M Series 5, 6, 7.

The scheme offers growth and dividend payout option.

The scheme would allocate upto 100% of assets in debt securities and money market instruments. Debt securities may include securitized debts up to 100% of each scheme's net assets.

Entry and exit load charge will be nil for the scheme.

Minimum application amount will be Rs 10000 and in multiples of Rs 10 thereafter.

The minimum subscription (target) amount of Rs 10 crore is expected to be raised during the NFO period.

The benchmark index for DSP BlackRock FMP 3M Series 17, 18 & 19 is Crisil Liquid Fund Index and Crisil Short Term Bond Fund Index for DSP BlackRock FMP 12M Series 5, 6 & 7

The scheme will be managed by Dhawal Dalal.

Previous Stories
Other Stories
  Birla Sun Life Emerging Leaders Fund Series 1 Floats On (18-Apr)
  DWS Fixed Maturity Plan - Series 71 to 80 (DFMP - 71 to 80) files offer document with Sebi (18-Apr)
  ICICI Prudential MF Launches ICICI Prudential Dividend Yield Equity Fund (18-Apr)
  Religare Invesco Fixed Maturity Plan Series 23 Plan K (775 Days) Floats On (18-Apr)
  Reliance Fixed Horizon Fund XXVI Series 15 Floats On (18-Apr)
  LIC Nomura MF Fixed Maturity Plan Series 81 Floats On (18-Apr)
  Kotak FMP Series 158 (370 Days) Floats On (18-Apr)
  JPMorgan MF Launches Fixed Maturity Plan Series 38 (18-Apr)
  JPMorgan MF Launches Fixed Maturity Plan Series 37 (18-Apr)
  ICICI Prudential Fixed Maturity Plan Series 74 367 Days Plan C Floats On (18-Apr)