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DSP BlackRock MF Launches 2 New FMPs

DSP BlackRock Mutual Fund has announced to launch DSP BlackRock FMP - 12M - Series 20 and DSP BlackRock FMP - 3M - Series 36. The New Fund Offer for subscription will be open from May 23, 2011 to May 26, 2011 for both the schemes. The date of maturity will be May 31, 2012 for 12M Series and August 25, 2011 for 3M Series.The units of the scheme will be listed on the National Stock Exchange. Both the schemes will have Growth as well as Dividend options. The minimum investment amount will be Rs.5000/- and multiples of Re.1/- thereafter for both the schemes.