DSP Mutual Fund launches DSP FMP Series 270: 1144 Days

by News Team | Mutual Fund

NFO period: 13th February – 21st February, 2023

Highlights of the NFO:

  • Scheme type – A close ended debt scheme, a relatively high interest rate risk and relatively low credit risk

  • Investment objective – 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.

  • Product suitability – The product is suitable for investor who are seeking income over an investment horizon of 1144 days by investing in money market and debt securities with maturities on or before the maturity of the scheme.

  • Minimum Application Amount – First investment is Rs. 5,000/– and any amount thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (Reinvestment of Income Distribution cum capital withdrawal option and Pay-out of Income Distribution cum capital withdrawal option).

  • Fund Managers – Mr. Sandeep Yadav and Mr. Laukik Bagwe

  • Benchmark – CRISIL Medium Duration Fund AIII Index

  • Benchmark – 1144 days from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)