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Funds blitz India

DSP BlackRock Mutual Fund launched two funds today (June 4): FMP-12M-Series 5 and FMP-3M-Series 17. Both will invest in debt and money market securities and use fixed income derivatives for hedging and portfolio balancing. Both are managed by DSP BlackRock Investment Managers with DSP BlackRock Trustee as its trustee. Both funds charge 2% annual expenses, inclusive of management and custodian…

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