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The Reserve Bank of India announced an increase in the Repo Rate by 50 basis points to 8.5% with immediate effect and Cash Reserve Ratio by 50 basis points to 8.75% in two stages starting July 5 and July 19, 2008. Know more
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In the ICRA Online Mutual Fund Rankings for the quarter ended March 2008
- DSP Merrill Lynch India T.I.G.E.R. Fund has been ranked as a Five Star Fund for its 3 year performance (till March 31, 2008) in the category of 'Open Ended Diversified Equity - Aggressive' schemes.
- DSP Merrill Lynch Technology.com Fund has been ranked as a Five Star Fund for its 3 year performance (till March 31, 2008) and as a Seven Star Fund for its 1 year performance (till March 31, 2008) in the category of 'Open Ended Sectoral - Technology' schemes.
- DSP Merrill Lynch Tax Saver Fund has been ranked as a Seven Star Fund for its 1 year performance (till March 31, 2008) in the category of 'Open Ended ELSS' schemes.
Past performance is no guarantee of future results. Know more
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BlackRock Inc, the largest quoted asset management company in the world, to acquire a 40% stake in DSP Merrill Lynch Fund Managers. DSP Merrill Lynch Fund Managers to be renamed "DSP BlackRock Investment Managers".Know more
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DSP Merrill Lynch Fund Managers sign distribution agreement with Oriental Bank of Commerce.Know more
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No entry load on direct applications i.e. applications not routed through an agent/distributor, with effect from January 4, 2008.
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Total assets under management as on 30th June ’08 was Rs 19,670.9 crores.
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Submission of copy of PAN card is mandatory for all investors (including NRIs) for investing with mutual funds with effect from July 2, 2007. Click here for more details
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DSP Merrill Lynch Mutual Fund Adjudged the Best Fund House by MoneyLIFE Magazine! Know more
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