DSP BlackRock To Float Agri Fund

DSP BlackRock Mutual Fund is seeking to launch an open ended fund of funds scheme investing in international fund.

DSP BlackRock Mutual Fund is seeking to launch an open ended fund of funds scheme investing in international fund, India Infoline reports. The firm has also filed with the Securities and Exchange Board of India for the same. The DSP BlackRock World Agriculture Fund seeks capital appreciation by investing majorly in the units of BlackRock Global Funds, the New Energy Fund. It will also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP BlackRock Mutual Fund to meet the liquidity requirements.

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