23-Apr-2014 
Sensex 22,876.54 (+118.17)
Nifty 6,840.80 (+25.45)
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, July 01, 2011 10:38 Hrs IST

DSP BlackRock Emerging Europe Fund files offer document with Sebi

Open ended fund of funds scheme investing in international funds

DSP BlackRock Mutual Fund files offer document with Securities and Exchange Board of India (Sebi) to launch DSP BlackRock Emerging Europe Fund, an open ended fund of funds scheme investing in international funds. 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 - Emerging Europe Fund (BGF - EEF). 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.

Options offered: The scheme offers growth and dividend option. Dividend options offers payout and reinvest option.

Benchmark Index: MSCI EM Europe 10/40 (net).

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

Minimum Application Amount: Rs. 5,000 and in multiples of Rs. 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 95% - 100% of assets in Units of BGF EEF or other similar overseas mutual fund scheme(s) with high risk profile. On the other side it would invest upto 5% of assets in money market securities and/or units of money market/liquid schemes of DSP BlackRock Mutual Fund with low to medium risk profile.

Fund Manager: Mr. Mehul Jani

Previous Stories
More
Other Stories
  Sundaram Fixed Term Plan GE (366 Days) Floats On (23-Apr)
  SBI Dual Advantage Fund Series II Floats On (23-Apr)
  SBI Debt Fund Series A 21 Floats On (23-Apr)
  Reliance Horizon Fund XXVI Series 18 Floats On (23-Apr)
  Reliance Horizon Fund XXVI Series 17 Floats On (23-Apr)
  PineBridge Quarterly Interval Fund Series II Announces Dividend (23-Apr)
  Reliance Dual Advantage Fixed Tenure Fund I Plan J Announces Dividend (23-Apr)
  Reliance Yearly Interval Fund Series 7 Announces Dividend (23-Apr)
  Religare Invesco MF Announces Change In Key Personnel (23-Apr)
  ICICI Prudential MF Announces Dividend Under Its Schemes (23-Apr)
Next

Top