DSP Fixed Maturity Plan NFO to Open on 13 November 2026

Key Takeaways

• DSP FMP 280-90D Fund is scheduled to open for subscription on 13 November 2026 and close on 17 November 2026.
• The scheme is structured as a close-ended debt fund investing in debt and money market instruments.
• The fund will track the Nifty Liquid Index B-I as its benchmark and will be managed by a three-member investment team.

DSP Mutual Fund Announces November Fixed Maturity Plan

DSP Mutual Fund is scheduled to launch a new fixed maturity plan during the week beginning 9 November 2026, with its new fund offer opening on 13 November.

The scheme, DSP FMP 280-90D Fund, will accept subscriptions until 17 November 2026.

According to the new fund offer details reported by The Economic Times on 8 November, the product is a close-ended debt scheme with relatively low interest-rate risk and moderate credit risk.

It is the only new mutual fund scheme identified as opening for subscription during the week in the ACE MF-based assessment.

Scheme Structure and Benchmark

DSP FMP 280-90D Fund will invest in debt and money market securities.

Its disclosed allocation permits between 0% and 100% of assets in these instruments, subject to the scheme's investment conditions and maturity requirements.

The fund will be benchmarked against the Nifty Liquid Index B-I.

The investment team comprises Karan Mundhra, Shalini Vasanta and Kunal Khudania.

The scheme's portfolio is intended to hold instruments maturing on or before the maturity of the fixed maturity plan.

How the Fixed Maturity Structure Works

Fixed maturity plans are debt mutual fund products established for a specified investment period.

Unlike open-ended debt schemes, which generally permit ongoing subscriptions and redemptions subject to their scheme terms, close-ended funds accept investments during a defined offer period.

Investments are then managed over the scheme's stated tenure, with maturity proceeds distributed in accordance with the applicable scheme documents.

Although these products typically follow maturity-oriented investment strategies, the value of their underlying debt instruments remains subject to interest-rate, credit and liquidity risks.

Their returns are not predetermined or guaranteed.

November NFO Calendar

The DSP scheme is the sole fund identified in the 8 November report as opening for subscription in the following week.

Its offer window spans five calendar days, from 13 November to 17 November.

The final scheme information document will govern minimum subscription requirements, applicable expenses, maturity provisions and other operational conditions.

The launch adds another maturity-oriented debt product to the available mutual fund offerings, with its investment strategy centred on securities whose maturities correspond to the scheme's defined investment period.