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DSP Mutual Fund has launched DSP CRISIL SDL Plus G - Sec Apr 2033 50:50 Index Fund, an open-ended target maturity index fund investing in the constituents of CRISIL SDL Plus G-Sec Apr 2033 50:50 Index with maturity on April 25, 2033.
The underlying index invests in securities issued by government securities (G-Sec) and state development loans (SDLs) in a 50:50 ratio.
In a press release, Sandeep Yadav, Head – Fixed Income, DSP MF said, “Since the fund will only invest in government securities of centre and states maturing around 2033, it provides a good opportunity for a risk aware investor. Moreover, interest rates have increased significantly in 2022. The higher rates provide a better entry level for investors.”
