DSP BlackRock Mutual Fund introduces FMP–Series 1-3M

DSP BlackRock Mutual Fund new issue closes on 20th June

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP–Series 1-3M, a close-ended income scheme.

The primary investment objective of the scheme is to seek 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 scheme. The scheme will mature on 19 September 2011.

The new issue closes on 20th June. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Dhawal Dalal is the fund manager.

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DSP BlackRock Mutual Fund unveils 12 months fixed maturity plan

DSP BlackRock Mutual Fund new issue closes on 20th June

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP–12M–Series 23, a close-ended income scheme.

The primary investment objective of the scheme is to seek 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 duration of the plan is 12 months.

The new issue closes on 20th June. 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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JPMorgan Mutual Fund floats 90 days fixed maturity plan

JPMorgan Mutual Fund new issue closes on 20th June

JPMorgan Mutual Fund has launched JPMorgan India Fixed Maturity Plan Series 2, a close-ended income scheme.

The investment objective of the scheme is to generate income through investments in debt/money market instruments and Government of India securities maturing on or before the maturity date of the respective scheme. The tenor of the scheme is 90 days.

The new issue closes on 20th June. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Nandkumar Surti and Namdev Chougule are the fund managers.

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