DSP BlackRock MF unveils FMP–3M–Series 38
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-3M-Series 38, a close-ended income scheme.

The investment objective of the schemes is to seek 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 schemes may also use fixed income derivatives for hedging and portfolio balancing.

The new issue closes on 14th 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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