DSP MF introduces Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund
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DSP Mutual Fund (MF) has launched DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund, an open -ended target maturity index fund investing in the constituents of Nifty SDL Plus G-Sec Sep 2027 50:50 Index. A relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on January 25, 2023 and closes on February 08, 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 Nifty SDL Plus G-Sec Sep 2027 50:50 Index and its fund managers are Laukik Bagwe and Vikram Chopra.
The investment objective of the scheme is to track the Nifty SDL Plus GSec Sep 2027 50:50 Index by investing in Government Securities (G-Sec) and SDLs, maturing on or before September, 2027 and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error.
