Objective : DSP Merrill Lynch Strategic Bond Fund invests in high quality debt and money market securities with the objective of maximizing returns.
Structure : Fixed income scheme.
Inception Date : May 03, 2007
Plans and Options under the Plan : Regular & Institutional
Regular- Growth (weekly dividend reinvests monthly dividend payout /reinvest, dividend payout /reinvest).
Institutional – Growth (weekly dividend reinvest /monthly dividend reinvest /quarterly dividend reinvest / quarterly dividend payout)
Face Value (Rs/Unit): Rs 1000/-
Minimum Investment : Regular- Rs 5000 and Institutional- Rs 5 crores.
Entry Load : Nil
Exit Load : Regular- Nil if greater than 50 lakhs, for less than 50 lakhs 0.5% if less than 6 months.
Institutional - 0.1% for less than 7 days.
