Friday, June 5, 2009

DSP BR Government Securities Fund Declare Various Change - June 05, 2009

DSP BlackRock announced changes in the fundamental attributes of DSP BlackRock Government Securities Fund-Plan B. The change will be effective on a prospective basis on and from 10 July 2009. The changes are as follows: The fund has renamed as DSP BlackRock Treasury Bill Fund,
Scheme Type: Open ended income scheme.

Investment Objective: The primary investment objective of the scheme is to generate income through investment in a portfolio comprising treasury bills and other central government securities with a residual maturity of less than or equal to 1 year.

Asset allocation: Treasury bills issued by the government of India, repo/reverse repo, CBOL, and any other money market instrument permitted by the RBI for deploying surplus liquidity: 0%- 100%

The AMC also announced the exit option without any exit load from 10 June 2009 to 09 July 2009(both days inclusive and upto the cut-off time on 09 July 2009).

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