DSP BlackRock MF floats 12 months fixed maturity plan

DSP BlackRock Mutual Fund new issue closes on 13th July

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-12M-Series 25, a close-ended income scheme.

The investment objective of the scheme is to generate returns and 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 tenure of the scheme is 12 months.

The new issue closes on 13th July. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Dhawal Dalal is the fund manager.

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DSP BlackRock MF unveils 6 months fixed maturity plan

DSP BlackRock Mutual Fund new issue closes on 12th July

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-6M-Series 9, a close-ended income scheme.

The investment objective of the scheme is to generate returns and 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 tenure of the scheme is six months.

The new issue closes on 12th July. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Dhawal Dalal is the fund manager.

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Mizoram signs MoU with National Insurance for implementation of RSBY

The RSBY scheme is a nation-wide programme to enable people below poverty line to access health care free of costs

Mizoram government and National Insurance Company inked a memorandum of understanding (MoU) on 4th July to work together in 2011-12 even after the expiry of the agreement signed on the implementation of health care scheme for BPL (below poverty line) families.

The agreement had been signed on 31st August last year and the health care scheme is known as Rashtriya Swasthya Bima Yojana (RSBY). An official statement said the MoU was signed by R Lalrothanga, joint secretary Health and Family Welfare department on behalf the state government and Ranjit Singh, administrative officer of National Insurance Company. The RSBY scheme is a nation-wide programme to enable people below poverty line to access health care free of costs and enrollment for the BPL families would be open soon, the statement added.

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