DSP Black Rock Mutual Fund has filed a draft offer document with SEBI to launch its close ended income scheme DSP Black Rock Dual Advantage Fund Series 16 to 20. The objective of scheme is to generate capital appreciation by investing in a portfolio in equity, debt and money market securities having maturity on or before date of maturity of the scheme.
The minimum application amount will be Rs 5000. No exit load will be charged in the scheme. The benchmark of the scheme will be CRISIL MIP Blended Index. The fund will be co-managed by Dhawal Dalal and Vinit Sambre.
