New Fund Offering: DSP Merrill Lynch, Small and MidCap Fund.
Investment Pattern: 65% to 100% of the portfolio will be concentrated in equity and equity related instruments that are not part of the top 100 stocks by way of market capitalization. That does not mean that the fund will not invest in the top 100 stocks. But not more than 35 per cent of the total portfolio value.
Fund Manager: Soumendra Nath Lahiri
Min Amount: Rs5,000. SIPs accepted after initial offer
Issue closes on 16-OCT-2006.
DalalStreet.Biz Recommendation: Avoid subscribing in NFO as the markets currently at 12,500 look somewhat over valued to enter.