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DSP ML MF to become DSP BlackRock Mutual Fund

September 18th, 2008

After the recent crisis at Merrill Lynch, and respecting the transfer of ML holdings in DSP ML Mutual Fund, DSP ML MF is all set to become DSP BlackRock Mutual Fund. It may be recalled BlackRock took over the 40% state of ML held in the DSP ML MF. Since the other 60% is held by the DSP Group, there might not be structural or policy changes in regard to the mutual fund or its schemes. All will be in the name change only. The Mutual Fund house has done the filing of the necessary documents for the name change. Once approved, DSP Merrill Lynch Mutual Fund will be called DSP BlackRock Mutual Fund.

Entry Filed under: Mutual Funds, DSP Black Rock Mutual Fund, Fund Houses & AMCs