09-07-2021 12:59 PM | Source: Accord Fintech
DSP Mutual Fund introduces Fixed Maturity Plan Series-264-60M-17D
News By Tags | #5073 #6740 #392

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

DSP Mutual Fund (MF) has launched the DSP Fixed maturity plan-Series-264-60M-17D, a close ended Income Scheme. The NFO opens for subscription on September 07, 2021, and closes on September 08, 2021. The Entry load and the Exit load is nil 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 to Long Term Debt Index and its fund manager is 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 and the Scheme will invest only in such securities which mature on or before the date of maturity of the Scheme.