DSP NFO (New Fund Offer) named DSP FMP Series – 247 – 36M is being offered from 03-Dec-2018 to 06-Dec-2018.
About DSP NFO Offer
| Name of the Scheme | DSP FMP Series – 247 – 36M |
| Fund House | DSP Mutual Fund |
| Scheme Type | Close Ended (36 Months) |
| Scheme Category | Income |
| Plans | Direct and Regular |
| Issue Starts | 03-Dec-2018 |
| Issue Closes | 06-Dec-2018 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs 5000 |
| Entry Load | No |
| Exit Load | Not Applicable (The Units under the Schemes cannot be directly redeemed with the Mutual Fund as the Units will be listed on the Stock Exchange/s.) |
| Investment Manager | DSP Investment Managers Private Limited (formerly known as DSP BlackRock Investment Managers Private Limited) |
About DSP Mutua Fund
DSP Mutual fund is sponsored by DSP ADIKO Holdings Pvt. Ltd and DSP HMK Holdings Pvt. Ltd. This fund is managed by DSP Investment Managers Pvt. Ltd. (formerly known as DSP BlackRock Investment Managers Pvt. Ltd. DSP Group is a 150 years old Indian financial firm. The family behind DSP Group also consisted of a founding member of the Bombay Stock Exchange. As of September 2018, the company has Asset under Management (AUM) Rs 95,457 crores.
Registered Address: Mafatlal Centre, 10th Floor, Nariman Point, Mumbai – 400021.
Website: www.dspim.com
(Read: NFO: New Fund Offer of Mutual Funds)
Objectives of Scheme (DSP NFO)
The primary 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. There is no assurance that the investment objective of the Scheme will be realized.
Please click here to read the scheme related document.
Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing.
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Tags: #NFO #Mutual Fund #New Mutual Fund #DSP NFO #New Fund Offer
