DSP BlackRock Mutual Fund (MF) has launched a new fund named as DSP MF BlackRock
Dual Advantage Fund - Series 39 - 36M, a closed ended income scheme.
The New
Fund Offer (NFO) price for the scheme is Rs 10 per unit.
The new issue will be
open for subscription from 7 September to 21 September 2015.
The primary investment objective of the schemes is to generate returns and
seek capital appreciation by investing in a portfolio of debt and money market
securities. The schemes also seek to invest a portion of the portfolio in
equity and equity related securities to achieve capital appreciation.
As far
as investments in debt and money market securities are concerned, the schemes
will invest only in securities which mature on or before the date of maturity
of the schemes.
The scheme offers growth (option A) and dividend payout (option B) options
under both regular plan and direct plan.
The scheme shall invest 50% to 95% in debt
securities, up to 15% in money market securities with low to medium risk
profile and 5% to 35% in equity & equity related securities with high risk
profile.
The minimum application amount is Rs.5,000 and any amount thereafter.
Entry Load: Nil
Exit Load: Not Applicable.
Benchmark Index for the scheme will be CRISIL MIP Blended Index
The scheme will be managed by Dhawal Dalal (debt portion) and Vinit Sambre
(equity portion).
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