DSP BlackRock Mutual Fund has announced the launch of DSP BlackRock FMP- 3M- Series 32 and DSP BlackRock FMP-12M- Series 17. The New Fund Offer (NFO) period under both the plans will be open for subscription from March 17, 2011 to March 21, 2011.
The minimum application amount under DSP BlackRock FMP – 3M – Series 32 is Rs 10,000 and in multiples of Rs 1 thereafter and the minimum application amount under DSP BlackRock FMP – 12M – Series 17 is Rs 5,000 and in multiples of Rs 1 thereafter.
The schemes offer Growth and Dividend Payout option. Both the schemes will be listed on NSE.