DSP Merrill Lynch

DSP Merrill Lynch launches “Natural Resources & New Energy Fund” in India

DSP Merrill Lynch Fund Managers, the mutual fund arm of Merrill Lynch has finally launched "DSP Merrill Lynch Natural Resources and New Energy Fund", an open ended equity growth scheme in Indian market.

The scheme will invest in companies which belong in the natural resources, energy and new energy sectors. These sectors would include base metals, other minerals and commodities, water and agriculture, and energy including oil, gas and coal. The new energy sectors include renewable energy and alternative fuels.