Tuesday, February 08, 2011 09:45 Hrs IST
DSP BlackRock MF Extends NFO Closure Period for DSP BlackRock FMP – 12M – Series 14
Period Extended upto 14 February 2011
DSP BlackRock Mutual Fund has announced that the New Fund Offer (NFO) period of DSP BlackRock FMP – 12M – Series 14, a close-ended income scheme, with a maturity profile of 12 months from the date of allotment, which commences from 8 February 2011 and was scheduled to close on the same i.e. 8 February 2011, has been extended to close on 14 February 2011.
The primary investment objective of the scheme 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 scheme. The scheme may also use fixed income derivatives for hedging and portfolio balancing.