DSP ML MF Looks At $100Mn Fund

New Delhi: DSP Merrill Lynch Mutual Fund is likely to unveil next month an open-ended fund of funds that will primarily infuse abroad in the Merrill Lynch International Investment Funds World Gold Fund (MLIIF-WGF). They are looking to raise at least $100 million here for the gold fund. SEBI has already given its clearance. It is likely to be unveiled next month. MLIIF-WGF mainly infuses in equities of companies that are into gold mining.