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DSP Mutual Fund (MF) has launched DSP CRISIL SDL Plus G-Sec Apr 2033 50:50 Index Fund, an open-ended target maturity index fund investing in the constituents of CRISIL SDL Plus G-Sec Apr 2033 50:50 Index with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on January 10, 2023 and closes on January 19, 2023. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 500 and any amount thereafter.

The performance of the scheme will be benchmarked to the performance of CRISIL SDL Plus G-Sec Apr 2033 50:50 Index Fund and its fund managers are Laukik Bagwe and Vikram Chopra.

The investment objective of the scheme is to track the CRISIL SDL Plus G-Sec Apr 2033 50:50 Index by investing in Government Securities (G-Sec) and SDLs, maturing on or before April, 2033 and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error.