
DSP Merrill Lynch Mutual Fund has introduced an Institutional Plan under the DSP Merrill Lynch Liquidity Fund. The said plan will be available for subscription from November 23, 2005, after which the existing plan will be referred to as DSP Merrill Lynch Liquidity Fund- Regular Plan.
The minimum application amount for the institutional plan will be Rs 5 crore for the first time purchase, and Rs 1 lakh for a subsequent purchase. There will be no entry or exit load.