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DSP BlackRock Banking & PSU Debt Fund - NFO

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Call 0 94 8300 8300 (India)
 
NFO Launch (opening on tuesday) - DSP BlackRock Banking & PSU Debt Fund
 

DSP BlackRock Banking & PSU Debt Fund

An Open-ended Income Scheme

 

NFO: September 10, 2013 to September 11, 2013

 

Given the current weak macroeconomic backdrop, this fund is suitable for investors looking to invest in liquid, high quality fixed income assets, with an investment horizon of 3-6 months.

 

Please feel free to revert to us in case you require any other details or clarifications.

 

SALIENT FEATURES

Emphasis on quality

4 Indian banking sector is highly regulated. Banking assets are highly sought after by market participants

4 Public Sector Undertakings (PSU) securities are quasi-sovereign and hence, predominantly rated AAA

Invests in liquid debt instruments

4 PSU and banking securities constitute the most liquid segment of the market, after government securities

4 Average daily traded value in the secondary market of Rs.7,500 crore for bank CDs & Rs. 500 crore for PSU bonds (Source: NSE, as of July 2013)

Backed by strong Investment & Risk Management teams

4 Stable team of experienced fixed income investment professionals, supported by strong risk management practices

FUND OVERVIEW

Name of Fund

DSP BlackRock Banking & PSU Debt Fund

Type of Fund

Open ended Income Scheme

Fund Manager

Dhawal Dalal

Benchmark

CRISIL Short Term Bond Fund Index

Plans

Regular Plan; Direct Plan

Options

− Growth (Default Option)

− Daily Dividend (Reinvest)

− Weekly Dividend (Payout, Reinvest)

− Monthly Dividend (Payout, Reinvest)

− Quarterly Dividend (Payout, Reinvest)

− Dividend (Payout, Reinvest)

Minimum investment amount

Rs. 5,000/- and multiples of Re. 1/- thereafter

Entry Load

Not applicable

Exit Load

Holding period from the date of allotment:

<= 3 months: 0.50%

> 3 months: Nil

  

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

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