DSP BlackRock Mutual Fund (MF) has launched a new fund named as DSP
BlackRock Dual Advantage Fund - Series 49 - 42M, 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 24 October to 07 November 2016.
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 &
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.
Entry Load: Nil
Exit Load: Not Applicable.
Benchmark Index for the scheme will be CRISIL MIP Blended Index
The debt portion of the scheme will be managed by Laukik Bagwe & Pankaj
Sharma. Equity portion of the scheme will be managed by Harrish Zaveri.
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