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DSP Mutual Fund launches DSP S&P BSE Liquid Rate ETF

Mar 15, 2024 |

Mutual Fund |

News Team

NFO period: 15th March – 20th March, 2024

Highlights of the NFO:

  • Scheme type – An open ended scheme replicating/tracking S&P BSE Liquid Rate Index. A relatively low interest rate risk and relatively low credit risk

  • Investment objective – The scheme seeks to provide returns before expenses that correspond to the returns of S&P BSE Liquid Rate Index, subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking current income with high degree of liquidity by investing in Tri-Party REPO, Repo in Government Securities, Reverse Repo and similar other overnight instruments.

  • Minimum Application Amount – Rs. 5,000/- and in multiples of Re. 1/- thereof

  • Plan/ Options available – There are no plans under the scheme. The scheme offers only Growth Option.

  • Fund Managers – Mr. Anil Ghelani and Mr. Diipesh Shah

  • Benchmark – S&P BSE Liquid Rate Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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