DSP BlackRock To Float FoF Scheme

DSP BlackRock Mutual Fundis planning to unveil an open ended fund of funds scheme,MoneyGuru Indiareports. TheDSP BlackRock Global Allocation Fundwill invest in international funds, including theBlackRock Global Funds - Global Allocation Fund。

The scheme may also invest in money market securities and money market schemes of theDSP BlackRock Mutual Fund。The fund is benchmarked against 36%S&P 500 Composite, 24%FTSE World (ex-U.S.), 24%ML U.S. Treasury Current five Yearand 16%Citigroup Non-USD World Government Bond Index。该计划will be managed byMehul Jani。

Click here for the story fromMoneyGuru India.