DSP NFO (New Fund Offer): DSP FMP Series – 247 – 36M

DSP NFO (New Fund Offer) named DSP FMP Series – 247 – 36M is being offered from 03-Dec-2018 to 06-Dec-2018.


dsp nfo

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

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