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As On 24-Jan-2018
SENSEX
36,161.64
21.66 (0.06%)
NIFTY
11,086.00
2.30 (0.02%)
EQUITY
    No Companies Visited

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  • DSP BlackRock FMP – Series 217 – 40M Floats On

    NFO period is from 28 December 2017 to 02 January 2018

    DSP BlackRock Mutual Fund has launched a new fixed maturity plan named as DSP BlackRock FMP – Series 217 – 40M, a close-ended income scheme with the duration of 40 months from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 28 December 2017 to 02 January 2018.

    The primary investment objective of the scheme is to seek to generate returns and capital appreciation by investing in a portfolio of debt and money market securities. The scheme will invest only in such securities which mature on or before the date of maturity of the scheme.

    The scheme offers a choice of two options, growth option and dividend payout with regular payout and Quarterly payout option.

    The scheme would allocate 80%-100% of assets in debt securities and upto 20% of assets in money market securities with low to medium risk profile.

    The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

    The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme during the NFO period.

    Entry load: Nil

    Exit load: Not applicable.

    Benchmark Index for the scheme is CRISIL Composite Bond Fund Index.

    The fund managers of the scheme are Laukik Bagwe and Pankaj Sharma.

    Back to news list
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Flash News 24-Jan-2018
  •  ( 15:40) Market hits fresh record high  
  •  ( 15:40) Indices close with tiny gains  
  •  ( 15:39) Sensex, Nifty end near flat line  
  •  ( 15:39) Weak market breadth  
  •  ( 14:43) KRBL cons. Q3 PAT up 10.88% at Rs 122.99 crore  
  •  ( 14:24) Idea Cellular post Q3 cons. net loss of Rs 1284.50 crore  
  •  ( 12:18) Telecom stocks tumble  
  •  ( 12:00) L&T Tech Services hits record high  
  •  ( 11:59) L&T Tech cons. Q3 PAT up 2.84% at Rs 126.50 crore QoQ  
  •  ( 11:01) Genus Paper & Boards leases a manufacturing facility  
  •  ( 10:51) Reliance MF offloads 1.19 crore shares of Oriental Hotels  
  •  ( 10:45) Alembic hits record high  
  •  ( 10:31) Alembic's board approves buyback proposal of 1.02 cr shares  
  •  ( 10:31) Alembic's Q3 PAT jumps 717.6% to Rs 5.56 crore  
  •  ( 10:02) JMC Projects (India) secures new orders of Rs 751 crore  
  •  ( 09:18) Shriram EPC secures order worth Rs 84 crore  
  •  ( 09:11) Indiabulls Housing Finance hits record high  
  •  ( 08:23) Indiabulls Housing Fin Q3 cons PAT up 55.4% at Rs 1167.73 Cr  
  •  ( 08:22) Wipro secures a multi-year contract from Denmark firm  
  •  ( 08:21) ONGC to raise Rs 18060 crore loan from three banks  
Show News
24 January 2018 16:01
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