DSP BlackRock Fund has announced the NFO DSP BlackRock Dual Advantage Fund - Series 4 - 36M, a close-ended income scheme.
The primary investment objective is to generate returns and seek capital appreciation by investing in a portfolio of debt and money market securities. The scheme also seeks to invest a portion of the portfolio in equity & equity related securities to achieve capital appreciation. As far as investments in debt and money market securities are concerned, the scheme will invest only in securities which mature on or before the date of maturity of the scheme.
The NFO opens for subscription on Jun 7, 2012 and closes on Jun 19, 2012. The scheme will mature on 29 June 2015. No entry and exit load charge is applicable for the scheme. The scheme offers dividend payout and growth option.
The minimum application amount is Rs 5000 and in multiples of Rs 1 thereafter. The scheme will be managed by Dhawal Dalal and Apoorva Shah.
Source: Accord Fintech
