DSP BlackRock Mutual Fund launches DSP BlackRock Liquid ETF

Mutual Fund
Feb 22, 2018 by Advisorkhoj Team | Mutual Fund | 9 Downloaded

NFO period: 22nd February – 08th March, 2018

Highlights of the NFO:

  • Scheme type – An open ended scheme investing in CBLO, Repo in Government Securities, Reverse Repo and similar other overnight instruments

  • Investment objective – The investment objective of the scheme is to seek to provide current income, commensurate with relatively low risk while providing a high level of liquidity, primarily through a portfolio of Collateralized Borrowing & Lending Obligation (CBLO), Repo in Government Securities, Reverse Repos and similar other overnight instruments. There is no assurance that the investment objective of the Scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking current income with high degree of liquidity by investing in Collateralized Borrowing & Lending Obligation, Repo in Government Securities, Reverse Repo and similar other overnight instruments.

  • Minimum Application Amount – First investment is Rs. 5,000/- and multiples of Rs. 1/- thereafter

  • Plan/ Options available – Only one Plan and only one option which shall be daily dividend reinvest.

  • Fund Manager – Gauri Sekaria

  • Benchmark – Nifty 1D Rate Index

  • Maturity – 91 days from the date of allotment

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

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