17-Apr-2014 
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
Login       
Password
 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
 News
 Stock Watch
 Offerings
 Dividends
 Top Holdings
 Rankings
 NFO Analysis
 Portfolio
 -Analysis
 -What's In What's Out
 Fund Managers
 -Interviews
 -Survey
 -Performance
 -From the Desk
 Special Feature
 Malegam Committee
 Report
 FAQs
 Glossary
 SEBI Investor Education  Programme
 Tutorials
News 1x1pix.gif (807 bytes)
1x1pix.gif (807 bytes)

Friday, May 06, 2011 14:32 Hrs IST

DSPBR China Fund files offer document with Sebi

Open ended fund of funds scheme investing in international fund

DSP BlackRock Mutual Fund files offer document with Securities and Exchange Board of India (Sebi) to launch DSP BlackRock China Fund, an open ended fund of funds scheme investing in international fund. The New Fund Offer price is Rs 10 per unit.

Investment objective: The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of BlackRock Global Funds China Fund (BGF - CF). The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/ or money market/liquid schemes of DSP BlackRock Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized.

Options offered: Growth, dividend payout and reinvestment option

Benchmark: MSCI China 10/40 (net)

Loads: Entry Load NIL

Exit Load The scheme will charge 1% of an exit load if redeemed before 12 months and thereafter the exit load will be nil.

Minimum Application Amount: Rs. 5,000 and in multiples of Re. 1 thereafter.

Minimum Targeted Amount: The Mutual Fund seeks to collect a minimum subscription amount of Rs 1 crore in the scheme during the NFO Period.

Asset Allocation: The scheme will invest upto 80% - 100% in Units of BGF CF or other similar overseas mutual fund scheme(s) with high risk profile. And invest upto 20% in money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund.

Fund Manager: Mr. Mehul Jani

Previous Stories
More
Other Stories
  Mutual funds in selling mode (17-Apr)
  Religare Invesco Fixed Maturity Plan -Series 24 - Plan A to O files offer document with Sebi (17-Apr)
  ICICI Prudential Interval Fund II Quarterly Interval Plan F Announces Dividend (17-Apr)
  HDFC FMP 370D April 2013 (2) Announces Dividend (17-Apr)
  UTI-Opportunities Fund Announces Dividend (17-Apr)
  LIC Nomura MF FMP Series 60 Announces Dividend (17-Apr)
  SBI Debt Fund Series 366 Days 27 Announces Maturity (17-Apr)
  Goldman Sachs Mutual Fund announces changes in GS Gold BeES (17-Apr)
  Sundaram Select Micro Cap-Series V-VII files offer document with Sebi (16-Apr)
  Reliance Fixed Horizon Fund XXVI Series 14 Floats On (16-Apr)
Next

Top