Thursday, December 30, 2010 16:43 Hrs IST
DSPBRFMP 3M Series 33 to 38, DSPBRFMP12M Series 17 to 20 and DSPBRFMP 13M Series 4 to 6 files offer document with Sebi
Close ended income schemes
DSP BlackRock Mutual Fund files offer document with Sebi to launch DSP BlackRock FMP 3 Months Series 33, 34, 35, 36, 37 & 38, DSP BlackRock FMP12 Months Series 17, 18, 19 & 20 and DSP BlackRock FMP 13 Months Series 4, 5 & 6, close ended income schemes. The New Fund Offer price is Rs 10 per unit.
Investment objective: 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 will invest only in such securities which mature on or before the date of maturity of the Schemes. The Schemes may also use fixed income derivatives for hedging and portfolio balancing.
Options offered: Options Growth (Option A) & Dividend Payout (Option B)
Benchmark: DSPBRFMP 3M Series-33, 34, 35, 36, 37, 38: CRISIL Liquid Fund Index
DSPBRFMP 12M Series 17, 18, 19, 20: CRISIL Short Term Bond Fund Index
DSPBRFMP 13M Series 4, 5, 6: CRISIL Short Term Bond Fund Index
Loads: Entry Load NIL
Exit Load Not Applicable
Minimum Application Amount: Rs. 5,000 and in multiples of Re. 10 thereafter.
Minimum Subscription Amount: Rs. 10 crore in each of the schemes
Asset Allocation: The scheme will invest upto 100% in debt securities and money market securities. Total gross exposure in debt, money market securities and derivatives shall not exceed 100% of the net assets of each scheme. Debt Instruments may include fixed income derivatives (only for hedging and portfolio balancing) up to 50% of each scheme's net assets.
Fund Manager: Mr. Dhawal Dalal