
DSPML Mutual Fund has announced the launch of DSPMLFTP-S1H. The new fund offer will be open between February 9 and February 13, 2007. It has a tenure of 3 months.
The fund offers two plans: Regular and Institutional. Each one of them offer a growth and a dividend reinvestment option. The minimum subscription amount is Rs 25,000 in the Regular Plan and Rs 1 crore in the Institutional Plan. It would charge an exit load of 0.75 per cent if one redeems before maturity. The fund would benchmark its performance against CRISIL Liquid Fund Index.