News Details
Category : IPO
Headline : DSP BlackRock Fixed Maturity Plan Series 236 - 36 Months floats on 02-07-2018 .
Date: 29/06/2018 17:20
DSP BlackRock Mutual Fund has launched a new Closed Ended Growth scheme named “DSP BlackRock Fixed Maturity Plan Series 236 - 36 Months” with maturity period of 1097 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jul 02 to Jul 04, 2018.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Dividend, Growth.

The fund manager of the scheme will be Laukik Bagwe, while the performance of the scheme will be benchmarked against CRISIL Short-Term Bond Fund Index.

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.