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DSP Merrill launches Micro Cap Fund

BANGALORE: DSP Merrill Lynch Fund Managers has launched its Micro Cap Fund, a three-year close ended scheme. Entry level will be at Rs. 10,000 and multiples and the board is discussing the possibility of pegging the exit load at 0.5 per cent, if an investor wants to exit before three years, Senior Vice President and Head of Equity, Soumendra Nath Lahiri, told reporters here on Wednesday. The fund offer closes on May 25.

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