DSP BlackRock MF floats FMP–12M–Series 22
Moneylife Digital Team 10 June 2011

DSP BlackRock Mutual Fund new issue closes on 14th June

DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-12M-Series 22, a close-ended income scheme.

The investment objective of the schemes 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 new issue closes on 14th June. The minimum investment amount is Rs5,000.

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

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