MUTUAL FUNDS
DSP Mutual Fund files offer document for Fixed Maturity Plan (FMP) – Series 277 to 279
Oct-31-2025
DSP Mutual Fund has filed offer document with SEBI to launch a close-ended debt scheme named ‘DSP Fixed Maturity Plan (FMP) – Series 277 to 279’. The offer rate will be Rs. 10 per unit at face value. Entry load and Exit load will be nil. The Scheme offers Growth and Income Distribution cum capital withdrawal option (IDCW Plans/Options for investment and minimum target subscription amount for the Scheme to be raised is Rs 20 crore.

The performance of the scheme will be benchmarked for 1-3 Month-NIFTY Liquid Index; for 3-6 Month - NIFTY Ultra Short Duration Debt Index; for 6-12 Month- NIFTY Low Duration Debt Index; 12-36 Months-NIFTY Short Duration Debt Index; 36-48 Months-NIFTY Medium Duration Debt Index; 48-84 Months-NIFTY Medium to Long Duration Debt Index; > 84 Months-NIFTY Long Duration Debt Index. The minimum application amount is Rs 5000 and any amount thereafter.

The investment objective of the scheme is to is to seek to income by investing in a portfolio of Debt and Money Market Securities maturing on or before the maturity of the Scheme.

  RELATED NEWS >>