Tuesday, September 28, 2010 10:43 Hrs IST
DSP BlackRock MF Extends NFO Closure Period for DSP BlackRock FMP – 3M – Series 21
Period Extended upto 6 October 2010
DSP BlackRock Mutual Fund has announced that the closing date for the New Fund Offer (NFO) of DSP BlackRock FMP – 3M – Series 21, a close ended income scheme has been extended from 28 September 2010 to 6 October 2010. The scheme has a maturity profile of 3 months from the date of allotment.
The investment objective of the scheme 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 scheme may also use fixed income derivatives for hedging and portfolio balancing.