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DSP Mutual Fund (MF) has launched DSP FMP Series 270 - 1144 Days, a Close Ended Debt Scheme, a relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on February 13, 2023 and closes on February 21, 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 to the performance of CRISIL Medium Duration Fund AIII 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.