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DSP Merrill Lynch to raise Rs. 1,000 cr.

NEW DELHI: DSP Merrill Lynch has announced that it planned to mobilise Rs. 1,000 crore from the new fund offer (NFO) through the launch of `DSP Merrill Lynch Small and Mid Cap Fund', an open-ended equity growth scheme. Making the announcement during a media meet, S. Naganath, President and Chief Investment Officer of DSP Merrill Lynch Fund Managers, said the fund, to be launched on September 29, would target small and mid-cap companies having huge growth potential.

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