Wednesday, April 25, 2007

DSPML MF Launches New Scheme

DSPML Mutual Fund makes one more addition in its fund's list with the launch of a new fund called DSPML Strategic Bond Fund. It is an open-ended income fund.
The objective of this fund is to generate optimal returns while maintaining high liquidity by actively managing the portfolio comprising of debt and money market securities.

The fund's investment would primarily focus on debt and money market securities having a short-term horizon. It would put up its entire assets in money market and debt instruments with residual maturity of 367 days.

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