01-01-1970 12:00 AM | Source: IANS
DSP MF introduces FMP Series - 271 - 1147 Days
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DSP Mutual Fund (MF) has launched DSP Fixed Maturity Plan (FMP) Series - 271 - 1147 Days, a Close Ended Debt Scheme with Moderate Interest Rate Risk and Moderate Credit Risk. The NFO opens for subscription on March 17, 2023 and closes on March 20, 2023. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and any amount thereafter.

The performance of the scheme will be benchmarked against CRISIL Short Duration Fund BII Index and its fund managers are Sandeep Yadav and Laukik Bagwe.

The investment objective of the Scheme 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 Scheme