DSP FMP Series 271 - 1147 Days - Direct Plan - Regular plan: Overview, Performance, Portfolio | Mutual Fund | Value Researchhttps://www.valueresearchonline.com/funds/43399/dsp-fmp-series-271-1147-days-direct-plan/Get the latest information and complete track record of 'DSP FMP Series 271 - 1147 Days - Direct Plan' schemes, returns, latest NAV and ratings from independent mutual fund research house.
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DSP FMP Series 271 - 1147 Days - Direct Plan
Suitability
"Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."
The scheme seeks 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.
Fund Manager
Name
Laukik Bagwe since 17-Mar-2023
Education
Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience
Prior to joining DSP Mutual Fund he has worked with Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
Name
Sandeep Yadav since 17-Mar-2023
Education
Mr. Yadav is a Computer Engineer (Pune University), PGDBM (IIM Bangalore) and a CFA chartered holder.
Experience
Prior to joining DSP, he has worked with Cognizant Technologies, Hughes Services and Mahindra British Telecom.
Contact Information
AMC
DSP Investment Managers Pvt. Ltd.
Website
https://www.dspim.com/
Phone
1800-208-4499 / 1800-200-4499
Fax
022-56578181
Address
NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069
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