DSP-ML Natural Resources and New Energy Fund

[n_khullar]

Hi Investors,

DSP Merrill Lynch has launched their NFO called "DSP-ML Natural Resources and New Energy Fund". This is an open ended fund.
Your opinions on investing in this funds are requested. What will be the future in investment in this fund (this is equity diversifie fund).

 

[ramsvenku]

When is the NFO closing date and what is the minimum investment????
Rams

 

[n_khullar]

I have got the following details with me

Issue Open 03-Mar-2008
Issue Close 27-Mar-2008
Fund class Equity diversified
Fund type Open-Ended
Investment plan Growth / Dividend
Entry load 2.25%

Hope this helps, regarding minimum investment ... I will update that shortly

 

[n_khullar]

Min Investment RS 5000

 

[ramsvenku]

Thakns Khullar for the update, let me know the lock in period for the same!!!
Rams

 

[n_khullar]

It's an open ended scheme with Exit load 1 % .
Hey are you planning to invest in this?
Can you share the reasons that makes this fund a good investment!
I am new to the forum and market ... are you regulary investing?
..... waiting for the feedback

Khullar

 

[rckaushal]

Hi Khullar,
it is really difficult to tell anything right now abt this NFO. However, by and large funds of this company are doing well.

As far as the nature of the fund is concerned, it carries a good scope in the near furute. it is just like the Reliance Natural Resource Fund which opened at 10.14 the first day!!!

 

[sanjugalande]

should i go for dsp or reliance...?

 

[ramsvenku]

Go ahead and invest in DSP, it is a good NFO and good returns ( Plan for long term)
Rams

 

[ramsvenku]

I agree with kaushal comment, it is difficult to judge this NFO in the begining it self, since this a new NFO, we need to park our investment minimum of 10+ months to see the growth...
cheers
Rams