Breaking News

You are here » Indian-Commodity  :  Mutual Funds  :  DSP BlackRock Mutual Fund introduces Arbitrage fund

15-Jan2018

DSP BlackRock Mutual Fund introduces Arbitrage fund

DSP BlackRock Mutual Fund has launched the DSP BlackRock Arbitrage fund, an open ended growth scheme. The NFO opens for subscription on January 15, 2018 and closes on January 22, 2018. Holding period from the date of allotment is 0.25% for less than 30 calendar days and nil for more than 30 calendar days. No exit load shall be levied in case of switch of investments from Direct Plan to Regular Plan and vice versa.The minimum subscription amount is Rs 1,000 and any amount after that.

The scheme's performance will be benchmarked against CRISIL Liquid Fund Index and its fund managers are Mayur Patel and Rahul Vekaria.

The investment objective of the scheme is o generate income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative market. Investments may also be made in debt & money market instruments.


Related News

View all news

Aditya Birla Sun Life Mutual Fund introduces Fixed Term Plan-Series QQ (1100 days)

Aditya Birla Sun Life Mutual Fund has launched the Aditya Birla Sun Life Fixed Term Plan-Series QQ (1100 days), a close ended income scheme. The NFO opens for subscription on August 20, 2018 and closes......

Franklin Templeton Mutual Fund introduces Fixed Maturity Plans-Series 4-Plan C (1098 days)

Franklin Templeton Mutual Fund has launched the Franklin India Fixed Maturity Plans-Series 4-Plan C (1098 days), a close ended income scheme. The NFO opens for subscription on August 20, 2018 and closes......

Reliance Mutual Fund introduces Fixed Horizon Fund XXXVIII-Series 14

Reliance Mutual Fund has launched the Reliance Fixed Horizon Fund XXXVIII-Series 14, a close ended income scheme. The NFO opens for subscription on August 20, 2018 and closes on August 23, 2018. No entry......

Top News

View all news

PNB plans to sell non-core assets worth Rs 8,600 crore during FY19

Punjab National Bank (PNB) has recognized various assets, including its housing finance arm, for sale and hopes to realise Rs 8,600 crore from these non-core assets during the current fiscal. Meanwhile,......

SBI launches YONO six-day shopping festival

State Bank of India's (SBI) digital service platform YONO has launched a six-day shopping festival beginning October 16 in which customers using the app for shopping via online portals can avail discounts.......

Victory Paper to set up textile unit in Tamil Nadu

Victory Paper and Boards has received an approval for setting up of textile unit at Karur in the state of Tamil Nadu as a part of diversification of the operations of the company and purchase of 32.73......