MUTUAL FUNDS
DSP Mutual Fund files offer document for CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund
Mar-27-2025
DSP Mutual Fund has filed offer document with SEBI to launch an open-ended constant maturity index fund scheme named ‘DSP CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund'. The New Fund Offer price for units would be Rs 10 during the NFO period. Entry load and Exit load will be nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance of the scheme will be benchmarked against CRISIL-IBX Financial Services 3 to 6 Months Debt Index. The minimum application amount is Rs 100 and any amount thereafter.

The investment objective of the scheme is to track the CRISIL-IBX Financial Services 3 to 6 Months Debt Index by investing in Commercial Papers (CPs), Certificates of Deposit (CDs) and Corporate Bond Securities, maturing in 3 to 6 months and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error.

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